Sandy Spring Bancorp Stock Forecast, Price & News

Sandy Spring Bancorp's stock was trading at $25.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SASR shares have decreased by 5.8% and is now trading at $23.9550.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Sandy Spring Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020.
View our earnings forecast for Sandy Spring Bancorp.

Sandy Spring Bancorp Inc. (NASDAQ:SASR) issued its earnings results on Thursday, July, 23rd. The bank reported ($0.31) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.73. The bank had revenue of $124.44 million for the quarter, compared to the consensus estimate of $104.50 million. Sandy Spring Bancorp had a return on equity of 6.35% and a net margin of 11.88%.
View Sandy Spring Bancorp's earnings history.

Sandy Spring Bancorp declared a quarterly dividend on Friday, July 31st. Stockholders of record on Wednesday, August 12th will be given a dividend of $0.30 per share on Wednesday, August 19th. This represents a $1.20 annualized dividend and a yield of 5.01%. The ex-dividend date is Tuesday, August 11th.
View Sandy Spring Bancorp's dividend history.

5 brokers have issued twelve-month price objectives for Sandy Spring Bancorp's shares. Their forecasts range from $29.00 to $38.00. On average, they anticipate Sandy Spring Bancorp's stock price to reach $33.00 in the next twelve months. This suggests a possible upside of 37.8% from the stock's current price.
View analysts' price targets for Sandy Spring Bancorp.

Some companies that are related to Sandy Spring Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Signature Bank (SBNY), Prosperity Bancshares (PB) and Cullen/Frost Bankers (CFR).
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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), Abbott Laboratories (ABT), Ford Motor (F), Gilead Sciences (GILD), IBM (IBM), Steel Dynamics (STLD) and Canadian Natural Resources (CNQ).

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

Sandy Spring Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.28%), Macquarie Group Ltd. (1.67%), Banc Funds Co. LLC (1.38%), Goldman Sachs Group Inc. (1.20%), Dalton Greiner Hartman Maher & Co. (1.20%) and Chartwell Investment Partners LLC (1.00%). Company insiders that own Sandy Spring Bancorp stock include Aaron Michael Kaslow, James J Maiwurm, Joe Reeder, Mark C Michael, Mark C Micklem, Mark E Friis, Pamela A Little and Ronda M Mcdowell.
View institutional ownership trends for Sandy Spring Bancorp.

SASR stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, First Trust Advisors LP, Evermay Wealth Management LLC, Two Sigma Advisers LP, US Bancorp DE, Lincoln National Corp, and LSV Asset Management.
View insider buying and selling activity for Sandy Spring Bancorp.

SASR stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Macquarie Group Ltd., Charles Schwab Investment Management Inc., Sei Investments Co., Commonwealth Equity Services LLC, William Blair Investment Management LLC, Banc Funds Co. LLC, and Swiss National Bank. Company insiders that have bought Sandy Spring Bancorp stock in the last two years include Aaron Michael Kaslow, James J Maiwurm, Joe Reeder, Mark C Michael, Mark C Micklem, Mark E Friis, and Pamela A Little.
View insider buying and selling activity 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 $23.96.

Sandy Spring Bancorp has a market capitalization of $1.13 billion and generates $419.19 million in revenue each year. The bank earns $116.43 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.

The official website for Sandy Spring Bancorp is 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]