Q2 EPS Estimates for Sierra Bancorp Boosted by DA Davidson

Sierra Bancorp (NASDAQ:BSRR - Free Report) - Investment analysts at DA Davidson lifted their Q2 2025 earnings estimates for shares of Sierra Bancorp in a note issued to investors on Friday, June 27th. DA Davidson analyst G. Tenner now forecasts that the financial services provider will earn $0.76 per share for the quarter, up from their prior forecast of $0.75. DA Davidson currently has a "Buy" rating and a $36.00 price target on the stock. The consensus estimate for Sierra Bancorp's current full-year earnings is $2.95 per share. DA Davidson also issued estimates for Sierra Bancorp's FY2025 earnings at $3.09 EPS and FY2026 earnings at $3.34 EPS.

Several other research analysts have also recently issued reports on the stock. Keefe, Bruyette & Woods cut their target price on shares of 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 downgraded shares of Sierra Bancorp from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd.

Sierra Bancorp Price Performance

Shares of NASDAQ BSRR traded up $1.02 during trading hours on Monday, reaching $30.71. 28,863 shares of the stock traded hands, compared to its average volume of 39,829. The company has a market capitalization of $424.41 million, a P/E ratio of 10.53 and a beta of 0.75. Sierra Bancorp has a 52-week low of $21.32 and a 52-week high of $35.13. The company's 50-day simple moving average is $27.60 and its two-hundred day simple moving average is $28.40. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.24.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.01). Sierra Bancorp had a return on equity of 11.38% and a net margin of 19.92%. The company had revenue of $36.75 million for the quarter, compared to analysts' expectations of $37.51 million.

Institutional Investors Weigh In On Sierra Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the business. Voya Investment Management LLC boosted its position in Sierra Bancorp by 40.5% during the 1st quarter. Voya Investment Management LLC now owns 14,141 shares of the financial services provider's stock valued at $394,000 after acquiring an additional 4,073 shares in the last quarter. Strs Ohio acquired a new position in Sierra Bancorp in the 1st quarter valued at $282,000. Jane Street Group LLC acquired a new stake in shares of Sierra Bancorp in the 1st quarter worth $784,000. AQR Capital Management LLC raised its position in shares of Sierra Bancorp by 71.6% during the 1st quarter. AQR Capital Management LLC now owns 24,072 shares of the financial services provider's stock valued at $671,000 after buying an additional 10,046 shares during the period. Finally, Panagora Asset Management Inc. boosted its stake in Sierra Bancorp by 138.3% during the first quarter. Panagora Asset Management Inc. now owns 43,949 shares of the financial services provider's stock worth $1,225,000 after buying an additional 25,508 shares during the period. 55.40% of the stock is currently owned by hedge funds and other institutional investors.

Sierra Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, May 5th. This represents a $1.00 annualized dividend and a yield of 3.26%. Sierra Bancorp's payout ratio is currently 35.46%.

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.