NASDAQ:SASR - Sandy Spring Bancorp Stock Price, Forecast & News

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

Sandy Spring Bancorp declared a quarterly dividend on Wednesday, October 30th. Investors of record on Wednesday, November 13th will be given a dividend of $0.30 per share on Wednesday, November 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Tuesday, November 12th. View Sandy Spring Bancorp's Dividend History.

Sandy Spring Bancorp Inc. (NASDAQ:SASR) announced its quarterly earnings data on Thursday, January, 23rd. The bank reported $0.80 earnings per share for the quarter, missing analysts' consensus estimates of $0.81 by $0.01. The bank had revenue of $84.81 million for the quarter, compared to analysts' expectations of $84.80 million. Sandy Spring Bancorp had a net margin of 27.78% and a return on equity of 10.48%. View Sandy Spring Bancorp's Earnings History.

Sandy Spring Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Sandy Spring Bancorp.

3 brokers have issued 1 year price targets for Sandy Spring Bancorp's stock. Their forecasts range from $37.25 to $38.00. On average, they anticipate Sandy Spring Bancorp's share price to reach $37.63 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Sandy Spring Bancorp.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sandy Spring Bancorp.

News articles about SASR stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sandy Spring Bancorp earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Sandy Spring Bancorp.

Sandy Spring Bancorp saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,790,000 shares, an increase of 14.0% from the December 15th total of 1,570,000 shares. Based on an average daily volume of 157,800 shares, the days-to-cover ratio is presently 11.3 days. Currently, 5.2% of the shares of the company are short sold. View Sandy Spring Bancorp's Current Options Chain.

Some companies that are related to Sandy Spring Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sandy Spring Bancorp investors own include Pinnacle Financial Partners (PNFP), Energy Transfer LP Unit (ET), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), Verizon Communications (VZ), Gilead Sciences (GILD), Steel Dynamics (STLD), IBM (IBM) and AbbVie (ABBV).

Sandy Spring Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.55%), Wedge Capital Management L L P NC (0.49%), Cox Capital Mgt LLC (0.12%) and Janney Montgomery Scott LLC (0.05%). Company insiders that own Sandy Spring Bancorp stock include Joe Reeder, Joseph S Bracewell, Mark C Michael, Mark E Friis, Mona Abutaleb Stephenson, Ronda M Mcdowell and Shaza L Andersen. View Institutional Ownership Trends for Sandy Spring Bancorp.

SASR stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and Wedge Capital Management L L P NC. View Insider Buying and Selling for Sandy Spring Bancorp.

SASR stock was bought by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC and Cox Capital Mgt LLC. Company insiders that have bought Sandy Spring Bancorp stock in the last two years include Joe Reeder, Mark C Michael, Mark E Friis and Mona Abutaleb Stephenson. View Insider Buying and Selling for Sandy Spring Bancorp.

Shares of SASR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SASR stock can currently be purchased for approximately $35.87.

Sandy Spring Bancorp has a market capitalization of $1.28 billion and generates $419.19 million in revenue each year. The bank earns $100.86 million in net income (profit) each year or $3.28 on an earnings per share basis. Sandy Spring Bancorp employs 910 workers across the globe.View Additional Information About Sandy Spring Bancorp.

The official website for Sandy Spring Bancorp is http://www.sandyspringbank.com/.

Sandy Spring Bancorp's mailing address is 17801 GEORGIA AVE, OLNEY MD, 20832. The bank can be reached via phone at 301-774-6400 or via email at [email protected]