FY2026 EPS Estimate for Sierra Bancorp Lowered by Analyst

Sierra Bancorp (NASDAQ:BSRR - Free Report) - Equities research analysts at DA Davidson reduced their FY2026 earnings per share estimates for shares of Sierra Bancorp in a report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings of $3.26 per share for the year, down from their previous estimate of $3.27. The consensus estimate for Sierra Bancorp's current full-year earnings is $2.95 per share.

Separately, StockNews.com lowered Sierra Bancorp from a "buy" rating to a "hold" rating in a research report on Thursday, March 20th.

Sierra Bancorp Stock Down 1.9 %

Shares of Sierra Bancorp stock traded down $0.50 during trading on Thursday, reaching $25.06. The stock had a trading volume of 21,005 shares, compared to its average volume of 38,116. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $349.87 million, a price-to-earnings ratio of 8.92 and a beta of 0.76. The stock has a fifty day moving average price of $29.45 and a two-hundred day moving average price of $29.62. Sierra Bancorp has a 52 week low of $17.70 and a 52 week high of $35.13.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) last posted its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.72 EPS for the quarter, meeting the consensus estimate of $0.72. Sierra Bancorp had a net margin of 19.90% and a return on equity of 11.55%.

Institutional Trading of Sierra Bancorp

A number of large investors have recently added to or reduced their stakes in BSRR. State of Tennessee Department of Treasury acquired a new position in Sierra Bancorp during the fourth quarter worth approximately $137,000. SG Americas Securities LLC increased its holdings in shares of Sierra Bancorp by 20.3% in the fourth quarter. SG Americas Securities LLC now owns 5,903 shares of the financial services provider's stock valued at $171,000 after purchasing an additional 997 shares during the last quarter. Brandywine Global Investment Management LLC bought a new position in shares of Sierra Bancorp in the fourth quarter valued at about $202,000. Franklin Resources Inc. acquired a new stake in shares of Sierra Bancorp during the 3rd quarter worth about $216,000. Finally, MetLife Investment Management LLC boosted its holdings in shares of Sierra Bancorp by 11.3% during the 4th quarter. MetLife Investment Management LLC now owns 8,249 shares of the financial services provider's stock worth $239,000 after buying an additional 838 shares during the period. Institutional investors and hedge funds own 55.40% of the company's stock.

Insiders Place Their Bets

In related news, Director Julie G. Castle sold 1,104 shares of the company's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $32.00, for a total transaction of $35,328.00. Following the sale, the director now owns 4,157 shares in the company, valued at approximately $133,024. This represents a 20.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael Olague sold 3,563 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $31.15, for a total value of $110,987.45. Following the transaction, the executive vice president now directly owns 12,409 shares of the company's stock, valued at $386,540.35. This trade represents a 22.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,393 shares of company stock valued at $166,994 in the last three months. 11.86% of the stock is currently owned by corporate insiders.

Sierra Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a $0.25 dividend. This is a positive change from Sierra Bancorp's previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a yield of 3.99%. The ex-dividend date was Monday, February 3rd. Sierra Bancorp's payout ratio is presently 35.59%.

Sierra Bancorp Company Profile

Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. It accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts.