DA Davidson Comments on Sierra Bancorp Q3 Earnings

Key Points

• DA Davidson forecasts Sierra Bancorp will earn $0.78 per share in Q3 2025, maintaining a "Buy" rating and setting a target price of $36.00 for the stock.
• The company recently declared a quarterly dividend of $0.25 per share, resulting in an annualized yield of 3.31%.
• Sierra Bancorp's latest earnings report showed net earnings of $0.78 per share, surpassing the consensus estimate of $0.74 per share.

Sierra Bancorp (NASDAQ:BSRR - Free Report) - Stock analysts at DA Davidson issued their Q3 2025 earnings per share estimates for Sierra Bancorp in a research note issued to investors on Tuesday, July 29th. DA Davidson analyst G. Tenner expects that the financial services provider will post earnings per share of $0.78 for the quarter. DA Davidson currently has a "Buy" rating and a $36.00 target price on the stock. The consensus estimate for Sierra Bancorp's current full-year earnings is $2.95 per share.

Other research analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods reduced their target price on Sierra Bancorp from $32.00 to $31.00 and set a "market perform" rating on the stock in a report on Wednesday, April 30th. Wall Street Zen lowered Sierra Bancorp from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd.

Sierra Bancorp Trading Down 2.5%

Sierra Bancorp stock traded down $0.73 during midday trading on Wednesday, reaching $28.59. The stock had a trading volume of 39,287 shares, compared to its average volume of 35,301. Sierra Bancorp has a twelve month low of $22.42 and a twelve month high of $35.13. The stock has a market capitalization of $395.11 million, a PE ratio of 9.89 and a beta of 0.79. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.80 and a current ratio of 0.80. The stock's 50-day simple moving average is $29.33 and its 200 day simple moving average is $28.71.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) last issued its earnings results on Monday, July 28th. The financial services provider reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.04. Sierra Bancorp had a return on equity of 11.44% and a net margin of 20.09%. The firm had revenue of $39.21 million for the quarter, compared to analysts' expectations of $38.47 million.

Hedge Funds Weigh In On Sierra Bancorp

Hedge funds have recently bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new position in Sierra Bancorp in the second quarter valued at approximately $71,000. State of Tennessee Department of Treasury acquired a new position in shares of Sierra Bancorp during the fourth quarter worth approximately $137,000. CWM LLC boosted its position in shares of Sierra Bancorp by 15.1% during the first quarter. CWM LLC now owns 4,920 shares of the financial services provider's stock worth $137,000 after buying an additional 647 shares during the period. Brandywine Global Investment Management LLC acquired a new position in shares of Sierra Bancorp during the fourth quarter worth approximately $202,000. Finally, MetLife Investment Management LLC raised its holdings in 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. 55.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Lynda Scearcy sold 4,297 shares of Sierra Bancorp stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $30.02, for a total value of $128,995.94. Following the completion of the transaction, the director directly owned 31,233 shares in the company, valued at approximately $937,614.66. This trade represents a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.86% of the company's stock.

Sierra Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Monday, August 4th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, August 4th. Sierra Bancorp's payout ratio is presently 34.60%.

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.