Q2 EPS Estimates for Sierra Bancorp Raised by DA Davidson

Sierra Bancorp (NASDAQ:BSRR - Free Report) - Equities researchers at DA Davidson boosted their Q2 2025 earnings per share (EPS) estimates for shares of Sierra Bancorp in a report issued on Friday, June 27th. DA Davidson analyst G. Tenner now expects that the financial services provider will post earnings per share of $0.76 for the quarter, up from their previous forecast of $0.75. DA Davidson 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. DA Davidson also issued estimates for Sierra Bancorp's FY2025 earnings at $3.09 EPS and FY2026 earnings at $3.34 EPS.

BSRR has been the topic of a number of other research reports. Wall Street Zen cut Sierra Bancorp from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. Keefe, Bruyette & Woods dropped their target price on shares of Sierra Bancorp from $32.00 to $31.00 and set a "market perform" rating for the company in a research report on Wednesday, April 30th.

Sierra Bancorp Stock Performance

BSRR traded up $0.82 during trading on Monday, hitting $32.18. The stock had a trading volume of 19,375 shares, compared to its average volume of 39,796. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.80 and a quick ratio of 0.80. The company has a 50 day moving average price of $27.78 and a 200-day moving average price of $28.43. Sierra Bancorp has a one year low of $21.32 and a one year high of $35.13. The firm has a market cap of $444.66 million, a price-to-earnings ratio of 11.41 and a beta of 0.75.

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

Institutional Investors Weigh In On Sierra Bancorp

Several hedge funds have recently modified their holdings of BSRR. Proficio Capital Partners LLC acquired a new stake in Sierra Bancorp during the 4th quarter worth approximately $385,000. Connor Clark & Lunn Investment Management Ltd. increased its position in Sierra Bancorp by 40.0% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,730 shares of the financial services provider's stock valued at $1,062,000 after purchasing an additional 10,489 shares during the period. American Century Companies Inc. lifted its position in shares of Sierra Bancorp by 3.9% in the 4th quarter. American Century Companies Inc. now owns 126,905 shares of the financial services provider's stock worth $3,670,000 after purchasing an additional 4,794 shares during the period. Segall Bryant & Hamill LLC boosted its stake in shares of Sierra Bancorp by 17.9% in the 4th quarter. Segall Bryant & Hamill LLC now owns 46,787 shares of the financial services provider's stock valued at $1,353,000 after purchasing an additional 7,090 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Sierra Bancorp by 36.1% during the fourth quarter. JPMorgan Chase & Co. now owns 89,616 shares of the financial services provider's stock worth $2,592,000 after buying an additional 23,758 shares during the period. Institutional investors and hedge funds own 55.40% of the company's stock.

Insider Buying and Selling at Sierra Bancorp

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

Sierra Bancorp Dividend Announcement

The firm also recently announced 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. This represents a $1.00 annualized dividend and a yield of 3.11%. The ex-dividend date was Monday, May 5th. Sierra Bancorp's payout ratio is 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.