DA Davidson Forecasts Sierra Bancorp Q2 Earnings

Sierra Bancorp (NASDAQ:BSRR - Free Report) - DA Davidson issued their Q2 2025 earnings estimates for Sierra Bancorp in a report released on Tuesday, April 29th. DA Davidson analyst G. Tenner anticipates that the financial services provider will post earnings per share of $0.75 for the quarter. DA Davidson currently has a "Buy" rating and a $36.00 price objective on the stock. The consensus estimate for Sierra Bancorp's current full-year earnings is $2.95 per share.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) last issued its earnings results on Monday, April 28th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). Sierra Bancorp had a return on equity of 11.55% and a net margin of 19.90%. The business had revenue of $36.75 million for the quarter, compared to analysts' expectations of $37.51 million.

Separately, StockNews.com raised shares of Sierra Bancorp from a "hold" rating to a "buy" rating in a report on Thursday, April 24th.

Sierra Bancorp Trading Up 2.7 %

Shares of Sierra Bancorp stock opened at $27.11 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a fifty day moving average price of $27.56 and a 200 day moving average price of $29.26. Sierra Bancorp has a 1 year low of $19.77 and a 1 year high of $35.13. The stock has a market cap of $374.93 million, a PE ratio of 9.65 and a beta of 0.76.

Institutional Trading of Sierra Bancorp

Institutional investors and hedge funds have recently modified their holdings of the stock. State of Tennessee Department of Treasury purchased a new stake in shares of Sierra Bancorp during the fourth quarter worth about $137,000. SG Americas Securities LLC increased its stake in shares of Sierra Bancorp by 20.3% during the fourth quarter. SG Americas Securities LLC now owns 5,903 shares of the financial services provider's stock worth $171,000 after purchasing an additional 997 shares in the last quarter. Brandywine Global Investment Management LLC purchased a new stake in shares of Sierra Bancorp during the fourth quarter worth about $202,000. Franklin Resources Inc. purchased a new stake in shares of Sierra Bancorp during the third quarter worth about $216,000. Finally, MetLife Investment Management LLC increased its stake in shares of Sierra Bancorp by 11.3% during the fourth quarter. MetLife Investment Management LLC now owns 8,249 shares of the financial services provider's stock worth $239,000 after purchasing an additional 838 shares in the last quarter. Hedge funds and other institutional investors own 55.40% of the company's stock.

Insider Buying and Selling at Sierra Bancorp

In other Sierra Bancorp news, EVP Michael Olague sold 3,563 shares of Sierra Bancorp stock in a transaction 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 completion of the transaction, the executive vice president now owns 12,409 shares of the company's stock, valued at approximately $386,540.35. The trade was a 22.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Julie G. Castle sold 1,104 shares of Sierra Bancorp stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $32.00, for a total transaction of $35,328.00. Following the completion of the transaction, the director now directly owns 4,157 shares of the company's stock, valued at $133,024. The trade was a 20.98 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,393 shares of company stock valued at $166,994. Corporate insiders own 11.86% of the company's stock.

Sierra Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, May 5th will be issued a $0.25 dividend. The ex-dividend date is Monday, May 5th. This represents a $1.00 dividend on an annualized basis and a yield of 3.69%. Sierra Bancorp's payout ratio is 35.59%.

About Sierra Bancorp

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.

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