Sierra Bancorp (BSRR) - What Are Brokerages Thinking About This Stock?

Key Points

• Analysts remain cautious: Sierra Bancorp has a consensus “Hold” rating from six analysts, with four holds and two buys. The average 12-month price target is $38.67, below the recent share price of $42.51.
• Third-quarter results exceeded expectations: The bank reported EPS of $1.18 versus the $0.91 consensus estimate and revenue of $40.08 million versus expectations of $39.23 million. Net income rose 58% to approximately $15.3 million.
• Shareholder returns remain a focus: Sierra Bancorp approved a repurchase program for up to 1 million shares and maintained its $0.27 quarterly dividend, equivalent to a 2.5% yield.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) has received a consensus recommendation of "Hold" from the six analysts that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $38.67.

Several brokerages recently weighed in on BSRR. Piper Sandler cut their price objective on shares of Sierra Bancorp from $40.00 to $39.00 and set a "neutral" rating on the stock in a research report on Monday, August 3rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Sierra Bancorp in a research report on Monday, September 21st. Finally, Raymond James Financial reaffirmed a "market perform" rating on shares of Sierra Bancorp in a research report on Monday.

Sierra Bancorp News Roundup

Here are the key news stories impacting Sierra Bancorp this week:

• Positive Sentiment: Strong Q3 earnings beat: Sierra Bancorp reported GAAP earnings of $1.18 per share, well above the $0.90–$0.91 consensus estimate and up from $0.72 a year earlier. Sierra Bancorp Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Revenue also exceeded expectations: Quarterly revenue reached $40.08 million, beating the $39.23 million analyst estimate by approximately $850,000. Sierra Bancorp GAAP EPS and Revenue Beat Estimates
• Positive Sentiment: Record profitability: Net income surged 58% to approximately $15.3 million. Sierra Bancorp reported a 12.38% return on equity and a 22.37% net margin, reinforcing the earnings quality. Sierra Bancorp Q3 2026 Record Earnings
• Positive Sentiment: Shareholder returns supported: The board approved a program to repurchase up to 1 million shares and maintained the quarterly dividend at $0.27 per share. Buybacks could reduce the share count and enhance per-share results. Sierra Bancorp Approves Buyback and Maintains Dividend
• Neutral Sentiment: Shares are trading near their 52-week high, while recent trading volume was well below the average, potentially limiting the strength of the immediate market reaction.

Hedge Funds Weigh In On Sierra Bancorp

Several institutional investors have recently bought and sold shares of the stock. Legal & General Group Plc acquired a new stake in Sierra Bancorp during the 2nd quarter worth about $45,000. Ameritas Advisory Services LLC bought a new position in shares of Sierra Bancorp in the second quarter worth about $94,000. Integrated Wealth Concepts LLC bought a new stake in shares of Sierra Bancorp in the second quarter worth $94,000. Public Employees Retirement System of Ohio bought a new stake in shares of Sierra Bancorp in the 2nd quarter valued at $149,000. Finally, Quantinno Capital Management LP grew its stake in Sierra Bancorp by 24.3% in the first quarter. Quantinno Capital Management LP now owns 24,825 shares of the financial services provider's stock valued at $842,000 after acquiring an additional 4,858 shares during the period. 55.40% of the stock is owned by hedge funds and other institutional investors.

Sierra Bancorp Stock Up 1.8%

Shares of BSRR traded up $0.77 during midday trading on Monday, hitting $42.51. The company had a trading volume of 23,105 shares, compared to its average volume of 60,874. Sierra Bancorp has a 1 year low of $26.62 and a 1 year high of $44.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market capitalization of $550.93 million, a P/E ratio of 12.48 and a beta of 0.76. The company's 50-day simple moving average is $39.95 and its 200-day simple moving average is $39.40.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) last announced its quarterly earnings results on Monday, October 26th. The financial services provider reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.27. The business had revenue of $40.08 million during the quarter, compared to analysts' expectations of $39.23 million. Sierra Bancorp had a return on equity of 12.38% and a net margin of 22.37%. As a group, sell-side analysts expect that Sierra Bancorp will post 3.55 EPS for the current year.

Sierra Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Monday, November 2nd will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, November 2nd. Sierra Bancorp's payout ratio is currently 31.58%.

Sierra Bancorp Company Profile

Sierra Bancorp is the bank holding company for Bank of the Sierra, a community bank headquartered in Porterville, California. Founded in 1977, the bank serves individuals, families, farmers, small businesses and commercial customers in California's Central Valley and surrounding communities.

Bank of the Sierra provides a range of banking products and services, including checking and savings accounts, certificates of deposit, consumer and residential lending, commercial real estate loans, business banking, agricultural financing and online and mobile banking.

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