Sandy Spring Bancorp Company Profile (NASDAQ:SASR)

About Sandy Spring Bancorp

Sandy Spring Bancorp logoSandy Spring Bancorp, Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three business segments Community Banking, Insurance and Investment Management. Its 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. Its product portfolio includes loan and lease products, deposit activities, treasury activities and borrowing activities. The Bank operates over 45 community offices located in Central Maryland, Northern Virginia, and Washington D.C.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: SASR
  • CUSIP: 80036310
Key Metrics:
  • Previous Close: $43.26
  • 50 Day Moving Average: $40.61
  • 200 Day Moving Average: $34.81
  • 52-Week Range: $24.17 - $43.33
  • Trailing P/E Ratio: 21.63
  • Foreward P/E Ratio: 16.83
  • P/E Growth: 2.34
  • Market Cap: $1.03B
  • Outstanding Shares: 23,901,000
  • Beta: 0.88
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%
Additional Links:
Companies Related to Sandy Spring Bancorp:

Analyst Ratings

Consensus Ratings for Sandy Spring Bancorp (NASDAQ:SASR) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Sandy Spring Bancorp (NASDAQ:SASR)
Show:
DateFirmActionRatingPrice TargetDetails
1/27/2016SunTrust Banks, Inc.Lower Price TargetNeutral$28.00 -> $27.00View Rating Details
10/23/2015Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$27.00 -> $28.00View Rating Details
6/24/2015Drexel HamiltonInitiated CoverageHoldView Rating Details
4/17/2015Robert W. BairdDowngradeOutperform -> Neutral$27.00 -> $28.00View Rating Details
4/2/2015Raymond James Financial, Inc.DowngradeOutperform -> Market Perform$27.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Sandy Spring Bancorp (NASDAQ:SASR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017        
1/19/2017Q416$0.50$0.55$51.35 million$51.30 millionViewN/AView Earnings Details
10/20/2016Q316$0.49$0.56$34.92 millionViewListenView Earnings Details
7/21/2016Q216$0.45$0.44$37.93 millionViewListenView Earnings Details
4/21/2016Q116$0.45$0.45$36.78 millionViewListenView Earnings Details
1/21/2016Q415$0.45$0.52$39.09 millionViewListenView Earnings Details
10/22/2015Q315$0.46$0.45$37.95 millionViewListenView Earnings Details
7/16/2015Q215$0.44$0.42$34.88 millionViewListenView Earnings Details
4/16/2015Q115$0.41$0.45$34.02 millionViewN/AView Earnings Details
1/22/2015Q414$0.43$0.36$33.70 millionViewN/AView Earnings Details
10/16/2014Q314$0.44$0.44$34.10 millionViewListenView Earnings Details
7/17/2014Q214$0.39$0.28$33.10 millionViewN/AView Earnings Details
4/17/2014Q114$0.39$0.43$32.80 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)
Current Year EPS Consensus Estimate: $2.31 EPS
Next Year EPS Consensus Estimate: $2.57 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.44$0.46$0.45
Q2 20162$0.45$0.45$0.45
Q3 20162$0.47$0.50$0.49
Q4 20161$0.53$0.53$0.53
Q1 20172$0.47$0.53$0.50
Q2 20172$0.48$0.56$0.52
Q3 20172$0.53$0.60$0.57
Q4 20172$0.53$0.61$0.57
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sandy Spring Bancorp (NASDAQ:SASR)
Annual Dividend:$1.04
Dividend Yield:2.40%
Payout Ratio:52.00% (Based on Trailing 12 Months of Earnings)
45.02% (Based on Current Year Consensus EPS Estimate)
40.47% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sandy Spring Bancorp (NASDAQ:SASR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Sandy Spring Bancorp (NASDAQ:SASR)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 65.16%
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

Latest Headlines for Sandy Spring Bancorp (NASDAQ:SASR)
DateHeadline
News IconCould Sandy Spring Bancorp Inc. (SASR) See a Reversal After Breaking Its 52-Week High? (NASDAQ:SASR)
randolphguide.com - February 6 at 7:47 PM
4-traders.com logoSandy Spring Bancorp : Bank Featured In The Daily Record (NASDAQ:SASR)
www.4-traders.com - February 3 at 11:53 PM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for February 1st (NASDAQ:SASR)
finance.yahoo.com - February 2 at 12:38 AM
feeds.benzinga.com logoSandy Spring Bancorp Declares Quarterly Dividend (NASDAQ:SASR)
feeds.benzinga.com - January 26 at 7:46 AM
capitalcube.com logoETFs with exposure to Sandy Spring Bancorp, Inc. : January 24, 2017 (NASDAQ:SASR)
www.capitalcube.com - January 25 at 4:20 AM
capitalcube.com logoSandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q4, 2016 By the Numbers : January 20, 2017 (NASDAQ:SASR)
www.capitalcube.com - January 20 at 11:34 PM
us.rd.yahoo.com logo7:03 am Sandy Spring Banc beats by $0.06, reports revs in-line (NASDAQ:SASR)
us.rd.yahoo.com - January 20 at 6:37 AM
biz.yahoo.com logoQ4 2016 Sandy Spring Bancorp Inc Earnings Release - Before Market Open (NASDAQ:SASR)
us.rd.yahoo.com - January 20 at 6:37 AM
sg.finance.yahoo.com logoSandy Spring Bancorp posts 4Q profit (NASDAQ:SASR)
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 (NASDAQ:SASR)
finance.yahoo.com - January 20 at 6:37 AM
seekingalpha.com logoSandy Spring Bancorp beats by $0.05, misses on revenue (NASDAQ:SASR)
seekingalpha.com - January 19 at 7:18 AM
News IconWatch these four’s Earning results before the bell (NASDAQ:SASR)
stockmarketdaily.co - January 18 at 9:21 PM
4-traders.com logoSandy Spring Bancorp Inc. : annual earnings release (NASDAQ:SASR)
www.4-traders.com - January 16 at 1:32 PM
capitalcube.com logoSandy Spring Bancorp, Inc. : SASR-US: Dividend Analysis : November 09th, 2016 (record date) : By the numbers : January 10, 2017 (NASDAQ:SASR)
www.capitalcube.com - January 10 at 10:24 PM
publicnow.com logoSandy Spring Bancorp, Inc. to Webcast Fourth Quarter Earnings Conference Call on January 19, 2017 (NASDAQ:SASR)
www.publicnow.com - January 6 at 3:29 AM
finance.yahoo.com logoValley National's New "LIFT" Program to Improve Earnings (NASDAQ:SASR)
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? (NASDAQ:SASR)
seekingalpha.com - December 20 at 2:30 PM
insidermonkey.com logoSandy Spring Bancorp Inc. (SASR) Hedge Funds Are Snapping Up (NASDAQ:SASR)
www.insidermonkey.com - December 12 at 9:20 AM
seekingalpha.com logoCan A Small-Cap Bank Be Part Of Your Dividend Portfolio? Don't Be So Quick To Dismiss The Idea! (NASDAQ:SASR)
seekingalpha.com - December 7 at 12:22 AM
finance.yahoo.com logo5 Momentum Picks Based on Driehaus' Strategy (NASDAQ:SASR)
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 (NASDAQ:SASR)
finance.yahoo.com - December 5 at 7:32 PM
finance.yahoo.com logoSANDY SPRING BANCORP INC Financials (NASDAQ:SASR)
finance.yahoo.com - November 15 at 7:52 PM
publicnow.com logoSandy Spring Bank is eyeing fee-based acquisitions: Here is what the CEO is looking for. (NASDAQ:SASR)
www.publicnow.com - November 14 at 7:38 PM
News IconExecutive Vice President of Bk of Sandy Spring Bancorp (NASDAQ:SASR), Caceres R Louis, sells 14,200 shares worth $449,038 (NASDAQ:SASR)
empowerednews.net - November 9 at 7:21 PM
zacks.com logoTop Ranked Income Stocks to Buy for November 8th (NASDAQ:SASR)
www.zacks.com - November 8 at 10:57 AM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 10-Q, Quarterly Report (NASDAQ:SASR)
biz.yahoo.com - November 4 at 11:09 AM
bizjournals.com logoSandy Spring Bank views itself 'as an acquirer.' Here's what the CEO is looking for. (NASDAQ:SASR)
www.bizjournals.com - November 3 at 11:37 AM
globenewswire.com logoSandy Spring Bancorp Increases Quarterly Dividend to $0.26 Per Share (NASDAQ:SASR)
globenewswire.com - October 28 at 11:02 AM
seekingalpha.com logoSandy Spring Bancorp declares $0.26 dividend (NASDAQ:SASR)
seekingalpha.com - October 27 at 7:25 AM
capitalcube.com logoSandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q3, 2016 By the Numbers : October 26, 2016 (NASDAQ:SASR)
www.capitalcube.com - October 26 at 10:45 AM
nasdaq.com logoSandy Spring Bancorp Reports Record Net Income of $13.5 Million for the Third Quarter (NASDAQ:SASR)
www.nasdaq.com - October 21 at 10:43 AM
seekingalpha.com logoSandy Spring Bancorp's (SASR) CEO Daniel Schrider on Q3 2016 Results - Earnings Call Transcript (NASDAQ:SASR)
seekingalpha.com - October 21 at 10:43 AM
finance.yahoo.com logoEdited Transcript of SASR earnings conference call or presentation 20-Oct-16 6:00pm GMT (NASDAQ:SASR)
finance.yahoo.com - October 21 at 10:43 AM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : October 21, 2016 (NASDAQ:SASR)
www.capitalcube.com - October 21 at 10:43 AM
sg.finance.yahoo.com logoSandy Spring Bancorp posts 3Q profit (NASDAQ:SASR)
sg.finance.yahoo.com - October 20 at 7:27 PM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NASDAQ:SASR)
biz.yahoo.com - October 20 at 7:27 PM
seekingalpha.com logoSandy Spring Bancorp beats by $0.07, misses on revenue (NASDAQ:SASR)
seekingalpha.com - October 20 at 7:12 AM
capitalcube.com logoSandy Spring Bancorp, Inc. : SASR-US: Dividend Analysis : August 10th, 2016 (record date) : By the numbers : October 17, 2016 (NASDAQ:SASR)
www.capitalcube.com - October 17 at 7:02 PM
News IconSandy Springs accepts road grant, OKs street work (NASDAQ:SASR)
www.ajc.com - October 13 at 10:56 AM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : October 10, 2016 (NASDAQ:SASR)
www.capitalcube.com - October 10 at 11:55 AM
publicnow.com logoSandy Spring Bancorp, Inc. to Webcast Third Quarter Earnings Conference Call on October 20, 2016 (NASDAQ:SASR)
www.publicnow.com - October 6 at 12:44 PM
4-traders.com logoSandy Spring Bancorp : A statement from Daniel J. Schrider, President and CEO of Sandy Spring Bank, regarding Forbes recognition (NASDAQ:SASR)
www.4-traders.com - September 27 at 7:02 PM
publicnow.com logoA statement from Daniel J. Schrider, President and CEO of Sandy Spring Bank, regarding Forbes recognition (NASDAQ:SASR)
www.publicnow.com - September 27 at 7:02 PM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : September 27, 2016 (NASDAQ:SASR)
www.capitalcube.com - September 27 at 11:49 AM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : September 15, 2016 (NASDAQ:SASR)
www.capitalcube.com - September 15 at 10:48 AM
4-traders.com logoSANDY SPRING BANCORP INC. : ex-dividend day (NASDAQ:SASR)
www.4-traders.com - August 8 at 7:32 PM
News IconSandy Spring Insurance Acquires The Advantage Group in Maryland (NASDAQ:SASR)
www.insurancejournal.com - August 4 at 7:44 PM
publicnow.com logoSandy Spring Insurance Expands Team, Capabilities and Geographic Reach (NASDAQ:SASR)
www.publicnow.com - August 4 at 10:30 AM
publicnow.com logoCORRECTING and REPLACING -- Sandy Spring Bancorp Declares Quarterly Dividend of $0.24 Per Share (NASDAQ:SASR)
www.publicnow.com - July 28 at 9:58 AM
capitalcube.com logoSandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:SASR)
www.capitalcube.com - July 26 at 10:31 AM

Social

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 announced a quarterly dividend on Thursday, January 26th. Stockholders of record on Thursday, February 9th will be given a dividend of $0.26 per share on Wednesday, February 15th. This represents a $1.04 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Tuesday, February 7th.

When will Sandy Spring Bancorp announce their earnings?

Sandy Spring Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

Who owns Sandy Spring Bancorp stock?

Sandy Spring Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.07%), Systematic Financial Management LP (2.07%), State Street Corp (1.87%), Columbia Wanger Asset Management LLC (1.69%), Forest Hill Capital LLC (1.28%) and Renaissance Technologies LLC (1.23%). Company insiders that own Sandy Spring Bancorp stock include James J Maiwurm, R Louis Caceres and Ronda M Mcdowell.

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 Federated Investors Inc. PA.

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 Two Sigma Investments LP, John W. Rosenthal Capital Management Inc., Forest Hill Capital LLC, Systematic Financial Management LP, State Street Corp, Dimensional Fund Advisors LP, AQR Capital Management LLC and Renaissance Technologies LLC.

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.

How much does a share of Sandy Spring Bancorp stock cost?

One share of Sandy Spring Bancorp stock can currently be purchased for approximately $43.26.

Sandy Spring Bancorp (NASDAQ:SASR) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

Earnings History Chart

Earnings by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

Dividend History Chart

Dividend Payments by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

Last Updated on 2/20/2017 by MarketBeat.com Staff