Sandy Spring Bancorp Company Profile (NASDAQ:SASR)

About Sandy Spring Bancorp (NASDAQ:SASR)

Sandy Spring Bancorp logoSandy Spring Bancorp, Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three segments: Community Banking, Insurance and Investment Management. The Company's Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment operates through Sandy Spring Insurance Corporation, a subsidiary of the Bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment operates through West Financial Services, Inc., a subsidiary of the Bank, which provides investment management and financial planning services. As of December 31, 2016, the Bank conducted commercial banking business through 44 community offices and six financial centers located in Central Maryland, Northern Virginia and Washington D.C.

Industry, Sector and Symbol:
  • Sector:
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:SASR
  • CUSIP: 80036310
  • Web: www.sandyspringbank.com
Capitalization:
  • Market Cap: $936.66 million
  • Outstanding Shares: 23,974,000
Average Prices:
  • 50 Day Moving Avg: $41.60
  • 200 Day Moving Avg: $40.32
  • 52 Week Range: $27.06 - $45.64
P/E:
  • Trailing P/E Ratio: 17.96
  • Foreward P/E Ratio: 14.21
  • P/E Growth: 2.01
Sales & Book Value:
  • Annual Revenue: $199.49 million
  • Price / Sales: 4.70
  • Book Value: $22.74 per share
  • Price / Book: 1.72
Dividend:
  • Annual Dividend: $1.04
  • Dividend Yield: 2.7%
Profitability:
  • Net Margins: 21.77%
  • Return on Equity: 9.11%
  • Return on Assets: 1.01%
Debt:
  • Debt-to-Equity Ratio: 1.08%
  • Current Ratio: 1.05%
  • Quick Ratio: 1.04%
Misc:
  • Average Volume: 85,452 shs.
  • Beta: 0.88
  • Short Ratio: 4.36
 

Frequently Asked Questions for Sandy Spring Bancorp (NASDAQ:SASR)

What is Sandy Spring Bancorp's stock symbol?

Sandy Spring Bancorp trades on the NASDAQ under the ticker symbol "SASR."

How often does Sandy Spring Bancorp pay dividends? What is the dividend yield for Sandy Spring Bancorp?

Sandy Spring Bancorp declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Wednesday, May 10th will be paid a dividend of $0.26 per share on Wednesday, May 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Monday, May 8th. View Sandy Spring Bancorp's Dividend History.

How were Sandy Spring Bancorp's earnings last quarter?

Sandy Spring Bancorp Inc. (NASDAQ:SASR) announced its earnings results on Thursday, April, 20th. The company reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.09. The company had revenue of $52.89 million for the quarter, compared to analyst estimates of $53.46 million. Sandy Spring Bancorp had a net margin of 21.77% and a return on equity of 9.11%. During the same quarter in the prior year, the firm earned $0.45 EPS. View Sandy Spring Bancorp's Earnings History.

When will Sandy Spring Bancorp make its next earnings announcement?

Sandy Spring Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, July, 19th 2017. View Earnings Estimates for Sandy Spring Bancorp.

Where is Sandy Spring Bancorp's stock going? Where will Sandy Spring Bancorp's stock price be in 2017?

2 equities research analysts have issued 1-year price objectives for Sandy Spring Bancorp's stock. Their predictions range from $40.00 to $40.00. On average, they expect Sandy Spring Bancorp's share price to reach $40.00 in the next year. View Analyst Ratings for Sandy Spring Bancorp.

Are investors shorting Sandy Spring Bancorp?

Sandy Spring Bancorp saw a drop in short interest during the month of April. As of April 13th, there was short interest totalling 232,709 shares, a drop of 14.6% from the March 31st total of 272,346 shares. Based on an average trading volume of 95,647 shares, the days-to-cover ratio is currently 2.4 days.

Who are some of Sandy Spring Bancorp's key competitors?

Who are Sandy Spring Bancorp's key executives?

Sandy Spring Bancorp's management team includes the folowing people:

  • Robert L. Orndorff Jr., Independent Chairman of the Board
  • Daniel J. Schrider, President, Chief Executive Officer, Director of the Company and the Bank
  • Philip J. Mantua CPA, Chief Financial Officer, Executive Vice President of the Company and the Bank
  • Ronald E. Kuykendall, Executive Vice President, General Counsel, Secretary of the Company and the Bank
  • R. Louis Caceres, Executive Vice President of the Bank
  • Ronda M McDowell, Executive Vice President, Chief Credit Officer of the Bank
  • Joseph J. O'Brien Jr., Executive Vice President - Commercial and Retail Banking of the Bank
  • John D. Sadowski, Executive Vice President, Chief Information Officer of the Bank
  • Mona Abutaleb, Director
  • James J. Maiwurm, Director

Who owns Sandy Spring Bancorp stock?

Sandy Spring Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.35%), Vanguard Group Inc. (4.52%), Ameriprise Financial Inc. (3.89%), Goldman Sachs Group Inc. (2.96%), Dalton Greiner Hartman Maher & Co. (2.56%) and Systematic Financial Management LP (2.03%). Company insiders that own Sandy Spring Bancorp stock include James J Maiwurm and R Louis Caceres. View Institutional Ownership Trends for Sandy Spring Bancorp.

Who sold Sandy Spring Bancorp stock? Who is selling Sandy Spring Bancorp stock?

Sandy Spring Bancorp's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Prudential Financial Inc., Lafayette Investments Inc., Thrivent Financial For Lutherans, John W. Rosenthal Capital Management Inc., Systematic Financial Management LP and Bank of America Corp DE. View Insider Buying and Selling for Sandy Spring Bancorp.

Who bought Sandy Spring Bancorp stock? Who is buying Sandy Spring Bancorp stock?

Sandy Spring Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Principal Financial Group Inc., Bank of New York Mellon Corp, AQR Capital Management LLC, Dimensional Fund Advisors LP, Chicago Equity Partners LLC, Vanguard Group Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for Sandy Spring Bancorp.

How do I buy Sandy Spring Bancorp stock?

Shares of Sandy Spring Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sandy Spring Bancorp's stock price today?

One share of Sandy Spring Bancorp stock can currently be purchased for approximately $39.07.


MarketBeat Community Rating for Sandy Spring Bancorp (NASDAQ SASR)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  33 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  114
MarketBeat's community ratings are surveys of what our community members think about Sandy Spring Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sandy Spring Bancorp (NASDAQ:SASR) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $40.00 (2.38% upside)

Analysts' Ratings History for Sandy Spring Bancorp (NASDAQ:SASR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/17/2017ValuEngineUpgradeHold -> BuyLowView Rating Details
4/21/2017Keefe, Bruyette & WoodsReiterated RatingHold$40.00LowView Rating Details
1/27/2016SunTrust Banks, Inc.Lower Price TargetNeutral$28.00 -> $27.00N/AView Rating Details
6/24/2015Drexel HamiltonInitiated CoverageHoldN/AView Rating Details
(Data available from 5/30/2015 forward)

Earnings

Earnings History for Sandy Spring Bancorp (NASDAQ:SASR)
Earnings by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)
Earnings History by Quarter for Sandy Spring Bancorp (NASDAQ SASR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/19/2017        
4/20/2017Q1 2017$0.54$0.63$53.46 million$52.89 millionViewN/AView Earnings Details
1/19/2017Q416$0.50$0.55$51.35 million$51.30 millionViewN/AView Earnings Details
10/20/2016Q316$0.49$0.56$52.19 million$50.32 millionViewListenView Earnings Details
7/21/2016Q216$0.45$0.44$48.94 million$49.48 millionViewListenView Earnings Details
4/21/2016Q116$0.45$0.45$49.61 million$49.49 millionViewListenView Earnings Details
1/21/2016Q415$0.45$0.52$49.02 million$48.02 millionViewListenView Earnings Details
10/22/2015Q315$0.46$0.45$48.78 million$47.51 millionViewListenView Earnings Details
7/16/2015Q215$0.44$0.42$47.62 million$46.04 millionViewListenView Earnings Details
4/16/2015Q115$0.41$0.45$46.07 million$46.53 millionViewN/AView Earnings Details
1/22/2015Q414$0.43$0.36$46.56 million$44.57 millionViewN/AView Earnings Details
10/16/2014Q314$0.44$0.44$45.97 million$45.01 millionViewListenView Earnings Details
7/17/2014Q214$0.39$0.28$44.73 million$44.00 millionViewN/AView Earnings Details
4/17/2014Q114$0.39$0.43$44.47 million$42.84 millionViewN/AView Earnings Details
1/22/2014Q413$0.42$0.38$32.79 millionViewN/AView Earnings Details
10/17/2013Q313$0.42$0.48$32.70 millionViewN/AView Earnings Details
7/18/2013Q2 2013$0.39$0.49$32.40 millionViewN/AView Earnings Details
4/18/2013Q1 2013$0.37$0.42$31.34 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.40$0.40$32.29 millionViewN/AView Earnings Details
10/18/2012$0.36$0.44ViewN/AView Earnings Details
7/19/2012$0.32$0.30ViewN/AView Earnings Details
4/19/2012$0.33$0.35ViewN/AView Earnings Details
1/26/2012$0.34$0.30ViewN/AView Earnings Details
10/20/2011$0.34$0.47ViewN/AView Earnings Details
7/21/2011$0.33$0.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sandy Spring Bancorp (NASDAQ:SASR)
2017 EPS Consensus Estimate: $2.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.47$0.53$0.50
Q2 20172$0.48$0.58$0.53
Q3 20172$0.53$0.62$0.58
Q4 20172$0.53$0.63$0.58
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sandy Spring Bancorp (NASDAQ:SASR)
Most Recent Dividend:5/17/2017
Annual Dividend:$1.04
Dividend Yield:2.66%
Payout Ratio:52.00% (Trailing 12 Months of Earnings)
42.45% (Based on This Year's Estimates)
37.82% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

Dividend History by Quarter for Sandy Spring Bancorp (NASDAQ SASR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.262.36%5/8/20175/10/20175/17/2017
1/26/2017quarterly$0.262.52%2/7/20172/9/20172/15/2017
10/27/2016quarterly$0.263.31%11/7/201611/9/201611/16/2016
7/29/2016quarterly$0.243.22%8/8/20168/10/20168/17/2016
4/29/2016quarterly$0.243.36%5/9/20165/11/20165/18/2016
1/29/2016quarterly$0.243.61%2/8/20162/10/20162/17/2016
10/30/2015quarterly$0.243.49%11/6/201511/11/201511/18/2015
7/30/2015quarterly$0.223.23%8/10/20158/12/20158/19/2015
5/1/2015quarterly$0.223.38%5/11/20155/13/20155/20/2015
1/30/2015quarterly$0.223.56%2/9/20152/11/20152/18/2015
10/30/2014quarterly$0.203.1%11/10/201411/12/201411/19/2014
7/31/2014quarterly$0.203.44%8/11/20148/13/20148/20/2014
5/1/2014quarterly$0.183.05%5/12/20145/14/20145/21/2014
1/30/2014quarterly$0.182.88%2/10/20142/12/20142/19/2014
10/31/2013quarterly$0.182.94%11/8/201311/13/201311/20/2013
8/1/2013quarterly$0.162.58%8/12/20138/14/20138/21/2013
4/25/2013quarterly$0.163.17%5/6/20135/8/20135/15/2013
1/31/2013quarterly$0.142.77%2/11/20132/13/20132/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sandy Spring Bancorp (NASDAQ:SASR)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 65.16%
Insider Trades by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)
Institutional Ownership by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)
Insider Trades by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/8/2016R Louis CaceresInsiderSell14,200$31.62$449,004.00View SEC Filing  
5/31/2016James J MaiwurmDirectorBuy258$29.04$7,492.32View SEC Filing  
5/14/2015Ronda M McdowellEVPSell1,781$26.21$46,680.01View SEC Filing  
8/1/2014Mark E FriisDirectorBuy2,500$23.17$57,925.00View SEC Filing  
11/12/2012Mei XuDirectorBuy1,000$17.86$17,860.00View SEC Filing  
11/1/2012Robert E Jr. HenelDirectorBuy1,440$19.15$27,576.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sandy Spring Bancorp (NASDAQ:SASR)
Latest Headlines for Sandy Spring Bancorp (NASDAQ:SASR)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Sandy Spring Bancorp, Inc. : May 19, 2017
finance.yahoo.com - May 19 at 11:07 PM
americanbankingnews.com logoBoenning Scattergood Research Analysts Lift Earnings Estimates for Sandy Spring Bancorp Inc. (SASR)
www.americanbankingnews.com - May 19 at 12:18 PM
americanbankingnews.com logoSandy Spring Bancorp Inc. (SASR) Raised to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - May 19 at 7:30 AM
finance.yahoo.com logoSandy Spring (SASR) Acquires WashingtonFirst (WFBI)
finance.yahoo.com - May 18 at 11:57 AM
finance.yahoo.com logoSandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017
finance.yahoo.com - May 18 at 11:57 AM
americanbankingnews.com logoSandy Spring Bancorp Inc. (SASR) Upgraded to "Buy" at ValuEngine
www.americanbankingnews.com - May 17 at 3:26 PM
bizjournals.com logoSandy Spring Bank buying WashingtonFirst for $489M
www.bizjournals.com - May 16 at 7:36 PM
streetinsider.com logoSandy Spring Bancorp (SASR) Announces Acquisition of WashingtonFirst Bankshares (WFBI)
www.streetinsider.com - May 16 at 9:26 AM
finance.yahoo.com logoSandy Spring Bank announces deal to buy WashingtonFirst for $489M
finance.yahoo.com - May 16 at 9:26 AM
finance.yahoo.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : May 15, 2017
finance.yahoo.com - May 15 at 9:30 AM
americanbankingnews.com logo Brokerages Anticipate Sandy Spring Bancorp Inc. (SASR) Will Announce Quarterly Sales of $55.53 Million
www.americanbankingnews.com - May 14 at 10:08 AM
americanbankingnews.com logo Analysts Expect Sandy Spring Bancorp Inc. (SASR) to Post $0.58 EPS
www.americanbankingnews.com - May 12 at 10:24 AM
finance.yahoo.com logoSandy Spring Bancorp, Inc. : SASR-US: Dividend Analysis : May 10th, 2017 (record date) : By the numbers : May 9, 2017
finance.yahoo.com - May 9 at 7:13 PM
americanbankingnews.com logoSandy Spring Bancorp Inc. (SASR) Sees Significant Decline in Short Interest
www.americanbankingnews.com - May 8 at 10:56 PM
americanbankingnews.com logoSandy Spring Bancorp (SASR) Receiving Somewhat Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 8:46 PM
americanbankingnews.com logoSandy Spring Bancorp Inc. Declares Quarterly Dividend of $0.26 (SASR)
www.americanbankingnews.com - April 27 at 8:42 PM
finance.yahoo.com logoMy Small-Cap Dividend Growers Are More Miss Than Hit So Far
finance.yahoo.com - April 26 at 5:32 PM
americanbankingnews.com logoSandy Spring Bancorp (SASR) Given Media Sentiment Score of -0.17
www.americanbankingnews.com - April 24 at 2:02 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Sandy Spring Bancorp Inc. Boosted by Analyst (SASR)
www.americanbankingnews.com - April 24 at 7:48 AM
finance.yahoo.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : April 21, 2017
finance.yahoo.com - April 22 at 6:55 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Impact Sandy Spring Bancorp (SASR) Stock Price
www.americanbankingnews.com - April 21 at 11:50 PM
americanbankingnews.com logoSandy Spring Bancorp Inc. (SASR) Receives "Hold" Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - April 21 at 10:14 PM
americanbankingnews.com logoSandy Spring Bancorp Inc. (SASR) Expected to Announce Earnings of $0.56 Per Share
www.americanbankingnews.com - April 21 at 5:55 PM
finance.yahoo.com logoEdited Transcript of SASR earnings conference call or presentation 20-Apr-17 6:00pm GMT
finance.yahoo.com - April 21 at 8:21 AM
seekingalpha.com logoSandy Spring Bancorp's (SASR) CEO Daniel Schrider on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 20 at 7:45 PM
americanbankingnews.com logoSandy Spring Bancorp Inc. (SASR) Announces Quarterly Earnings Results, Beats Estimates By $0.10 EPS
www.americanbankingnews.com - April 20 at 10:58 AM
finance.yahoo.com logoSandy Spring Bancorp Reports Record Net Income of $15.1 Million for the First Quarter
finance.yahoo.com - April 20 at 8:23 AM
marketbeat.com logoSandy Spring Bancorp posts 1Q profit
marketbeat.com - April 20 at 7:53 AM
americanbankingnews.com logoSandy Spring Bancorp (SASR) Given Daily News Sentiment Rating of 0.31
www.americanbankingnews.com - April 17 at 4:24 PM
finance.yahoo.com logoSandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 20, 2017
finance.yahoo.com - April 7 at 12:26 PM
feeds.benzinga.com logoSandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 20, 2017
feeds.benzinga.com - April 6 at 8:31 AM
americanbankingnews.com logoSandy Spring Bancorp Inc. (SASR) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 29 at 8:41 AM
americanbankingnews.com logoSandy Spring Bancorp Inc. (SASR) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - March 23 at 8:26 AM
finance.yahoo.com logoIs BancorpSouth's Persistent Margin Pressure a Major Concern?
finance.yahoo.com - March 16 at 4:08 PM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 3 at 7:44 PM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for February 1st
finance.yahoo.com - February 2 at 12:38 AM
feeds.benzinga.com logoSandy Spring Bancorp Declares Quarterly Dividend
feeds.benzinga.com - January 26 at 7:46 AM
us.rd.yahoo.com logo7:03 am Sandy Spring Banc beats by $0.06, reports revs in-line
us.rd.yahoo.com - January 20 at 6:37 AM
biz.yahoo.com logoQ4 2016 Sandy Spring Bancorp Inc Earnings Release - Before Market Open
us.rd.yahoo.com - January 20 at 6:37 AM
sg.finance.yahoo.com logoSandy Spring Bancorp posts 4Q profit
us.rd.yahoo.com - January 20 at 6:37 AM
finance.yahoo.com logoEdited Transcript of SASR earnings conference call or presentation 19-Jan-17 7:00pm GMT
finance.yahoo.com - January 20 at 6:37 AM
seekingalpha.com logoSandy Spring Bancorp beats by $0.05, misses on revenue
seekingalpha.com - January 19 at 7:18 AM
finance.yahoo.com logoValley National's New "LIFT" Program to Improve Earnings
finance.yahoo.com - December 20 at 7:32 PM
seekingalpha.com logoTwo River Bancorp: It's Had A 28% Jump Since The Election, Is It Worth Buying Now?
seekingalpha.com - December 20 at 2:30 PM
seekingalpha.com logoCan A Small-Cap Bank Be Part Of Your Dividend Portfolio? Don't Be So Quick To Dismiss The Idea!
seekingalpha.com - December 7 at 12:22 AM
finance.yahoo.com logo5 Momentum Picks Based on Driehaus' Strategy
finance.yahoo.com - December 5 at 7:32 PM
finance.yahoo.com logoZacks.com featured highlights: MGM Resorts, Stamps.com, Willdan Group, Northrop Grumman and Sandy Spring Bancorp
finance.yahoo.com - December 5 at 7:32 PM
finance.yahoo.com logoSANDY SPRING BANCORP INC Financials
finance.yahoo.com - November 15 at 7:52 PM
zacks.com logoTop Ranked Income Stocks to Buy for November 8th
www.zacks.com - November 8 at 10:57 AM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 4 at 11:09 AM

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Chart

Sandy Spring Bancorp (SASR) Chart for Tuesday, May, 30, 2017

This page was last updated on 5/30/2017 by MarketBeat.com Staff