NASDAQ:SASR Sandy Spring Bancorp (SASR) Stock Price, News & Analysis → Urgent new message from Porter Stansberry (From Porter & Company) (Ad) Free SASR Stock Alerts $20.60 -0.34 (-1.62%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$20.60▼$21.0650-Day Range$20.60▼$26.5852-Week Range$19.27▼$28.88Volume328,535 shsAverage Volume404,440 shsMarket Capitalization$925.76 millionP/E Ratio7.55Dividend Yield6.60%Price Target$25.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Sandy Spring Bancorp alerts: Email Address Sandy Spring Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside22.3% Upside$25.20 Price TargetShort InterestHealthy1.60% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth21.05%From $2.28 to $2.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.61 out of 5 starsFinance Sector351st out of 881 stocksNational Commercial Banks Industry46th out of 86 stocks 2.0 Analyst's Opinion Consensus RatingSandy Spring Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.20, Sandy Spring Bancorp has a forecasted upside of 22.3% from its current price of $20.60.Amount of Analyst CoverageSandy Spring Bancorp has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.60% of the float of Sandy Spring Bancorp has been sold short.Short Interest Ratio / Days to CoverSandy Spring Bancorp has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sandy Spring Bancorp has recently increased by 1.34%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipSandy Spring Bancorp is a leading dividend payer. It pays a dividend yield of 6.58%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSandy Spring Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sandy Spring Bancorp is 49.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sandy Spring Bancorp will have a dividend payout ratio of 49.28% next year. This indicates that Sandy Spring Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SASR. Previous Next 1.5 News and Social Media Coverage News SentimentSandy Spring Bancorp has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Sandy Spring Bancorp this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Sandy Spring Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sandy Spring Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.20% of the stock of Sandy Spring Bancorp is held by insiders.Percentage Held by Institutions68.57% of the stock of Sandy Spring Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Sandy Spring Bancorp are expected to grow by 21.05% in the coming year, from $2.28 to $2.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sandy Spring Bancorp is 7.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 156.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Sandy Spring Bancorp is 7.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.57.Price to Book Value per Share RatioSandy Spring Bancorp has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaLike Tiny Crypto Retirement FundsThe crypto bull market is about to blast off. Bitcoin and Ethereum are surging. But so are tiny altcoins that could be so profitable… They're like tiny crypto retirement funds. Click here and see how to get a copy. About Sandy Spring Bancorp Stock (NASDAQ:SASR)Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses in the United States. It offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, construction loans, and business loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The company provides investment management, financial planning, and wealth management services. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.Read More SASR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SASR Stock News HeadlinesMarch 16, 2024 | forbes.comSandy Spring BankMarch 11, 2024 | globenewswire.comSandy Spring Bank Senior Vice President Elected President of Mortgage Trade AssociationMarch 19, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 6, 2024 | finance.yahoo.comInvestors in Sandy Spring Bancorp (NASDAQ:SASR) have unfortunately lost 38% over the last three yearsMarch 6, 2024 | globenewswire.comSandy Spring Bank Donates $50,000 to Local Food Banks to Support Access to Nutritious FoodMarch 2, 2024 | msn.comJanney Montgomery Scott Initiates Coverage of Sandy Spring Bancorp (SASR) with Neutral RecommendationFebruary 29, 2024 | health.usnews.comSenior Living Communities Near Ashton-Sandy Spring, MDFebruary 29, 2024 | health.usnews.comAssisted Living Communities Near Ashton-Sandy Spring, MDMarch 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: February 24, 2024 | msn.comSandy Spring Bancorp (SASR) Price Target Increased by 8.16% to 27.03February 23, 2024 | benzinga.comThriving with Robust Performance: Provident Finl Servs Delivers Growing Profits to InvestorsFebruary 21, 2024 | benzinga.comSandy Spring Bancorp Stock (NASDAQ:SASR), Earnings Estimates, EPS, and RevenueFebruary 21, 2024 | benzinga.comElevating Investor Returns: Sandy Spring Bancorp Delivers Strong Performance and Growing ProfitsFebruary 21, 2024 | msn.comNew Debt & Financing Risk for Sandy Spring – What’s the Latest?February 20, 2024 | investorplace.com7 Regional Bank Stocks Feeling the Heat as Rate Cut Hopes DimFebruary 10, 2024 | msn.comSandy Spring Bancorp Unveils New Investor Relations PresentationFebruary 8, 2024 | finance.yahoo.comRead This Before Considering Sandy Spring Bancorp, Inc. (NASDAQ:SASR) For Its Upcoming US$0.34 DividendJanuary 29, 2024 | finance.yahoo.comBest Momentum Stocks to Buy for January 29thJanuary 29, 2024 | finance.yahoo.comBest Income Stocks to Buy for January 29thJanuary 26, 2024 | seekingalpha.comSandy Spring Bancorp: Q4 NII And NIM Tumble AgainJanuary 25, 2024 | finance.yahoo.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Q4 2024 Earnings Call TranscriptJanuary 24, 2024 | finance.yahoo.comSandy Spring Bancorp Inc (SASR) Reports Mixed Q4 Results Amid Economic ChallengesJanuary 24, 2024 | finance.yahoo.comSandy Spring Bancorp Full Year 2023 Earnings: EPS Beats ExpectationsJanuary 24, 2024 | finance.yahoo.comQ4 2023 Sandy Spring Bancorp Inc Earnings CallJanuary 23, 2024 | wsj.comSandy Spring Bancorp Inc.January 23, 2024 | finance.yahoo.comSandy Spring Bancorp Reports Fourth Quarter Earnings of $26.1 MillionJanuary 23, 2024 | finance.yahoo.comSandy Spring Bancorp (SASR) Beats Q4 Earnings EstimatesSee More Headlines Receive SASR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sandy Spring Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/23/2024Ex-Dividend for 2/21 Dividend2/13/2024Dividend Payable2/21/2024Today3/19/2024Next Earnings (Estimated)4/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:SASR CUSIP80036310 CIK824410 Webwww.sandyspringbank.com Phone(301) 774-6400Fax301-774-8434Employees1,112Year Founded1868Price Target and Rating Average Stock Price Target$25.20 High Stock Price Target$30.00 Low Stock Price Target$22.00 Potential Upside/Downside+22.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.73 Trailing P/E Ratio7.55 Forward P/E Ratio9.04 P/E GrowthN/ANet Income$122.84 million Net Margins17.43% Pretax Margin23.30% Return on Equity8.66% Return on Assets0.95% Debt Debt-to-Equity Ratio0.77 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$704.60 million Price / Sales1.31 Cash Flow$3.47 per share Price / Cash Flow5.94 Book Value$35.37 per share Price / Book0.58Miscellaneous Outstanding Shares44,940,000Free Float43,502,000Market Cap$925.76 million OptionableOptionable Beta0.93 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Daniel J. Schrider (Age 60)Chairman, President & CEO Comp: $1.65MMr. Philip J. Mantua CPA (Age 66)Executive VP & CFO Comp: $798.25kMr. Ramiro Louis Caceres (Age 61)Executive VP & Chief Wealth Officer Comp: $841.2kMr. Joseph J. O'Brien Jr. (Age 60)Executive VP & Chief Banking Officer of Sandy Spring Bank Comp: $1.04MMs. Ronda M. McDowell (Age 59)Executive VP & COO of Sandy Spring Bank Mr. Aaron Michael Kaslow (Age 59)Chief Administrative Officer, Executive VP & General Counsel Comp: $488.31kMr. Gary John Fernandes (Age 55)Executive VP & Chief Human Resources Officer Mr. John D. Sadowski (Age 61)Chief Information Officer & EVP - Sandy Spring Bank Mr. Kevin Slane (Age 64)Executive VP & Chief Risk Officer of Sandy Spring Bank Comp: $608.05kMs. Lynne PulfordExecutive VP of the Consumer Banking GroupMore ExecutivesKey CompetitorsWestamerica BancorporationNASDAQ:WABCNational BankNYSE:NBHCHope BancorpNASDAQ:HOPEFirst Commonwealth FinancialNYSE:FCFAmerican National BanksharesNASDAQ:AMNBView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 44,611 shares on 3/11/2024Ownership: 5.949%Wellington Management Group LLPBought 43,987 shares on 3/5/2024Ownership: 0.698%Scarborough Advisors LLCBought 2,809 shares on 2/29/2024Ownership: 0.006%Price T Rowe Associates Inc. MDBought 850 shares on 2/16/2024Ownership: 0.086%Gamco Investors INC. ET ALBought 671 shares on 2/15/2024Ownership: 0.511%View All Insider TransactionsView All Institutional Transactions SASR Stock Analysis - Frequently Asked Questions Should I buy or sell Sandy Spring Bancorp stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SASR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SASR, but not buy additional shares or sell existing shares. View SASR analyst ratings or view top-rated stocks. What is Sandy Spring Bancorp's stock price target for 2024? 5 equities research analysts have issued twelve-month target prices for Sandy Spring Bancorp's shares. Their SASR share price targets range from $22.00 to $30.00. On average, they anticipate the company's stock price to reach $25.20 in the next year. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for SASR or view top-rated stocks among Wall Street analysts. How have SASR shares performed in 2024? Sandy Spring Bancorp's stock was trading at $27.24 at the beginning of the year. Since then, SASR stock has decreased by 24.4% and is now trading at $20.60. View the best growth stocks for 2024 here. When is Sandy Spring Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024. View our SASR earnings forecast. How were Sandy Spring Bancorp's earnings last quarter? Sandy Spring Bancorp, Inc. (NASDAQ:SASR) issued its earnings results on Tuesday, January, 23rd. The bank reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.09. The bank had revenue of $182.18 million for the quarter, compared to analyst estimates of $101.53 million. Sandy Spring Bancorp had a net margin of 17.43% and a trailing twelve-month return on equity of 8.66%. During the same period in the previous year, the company posted $0.79 EPS. 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 Wednesday, January 31st. Investors of record on Wednesday, February 14th will be paid a dividend of $0.34 per share on Wednesday, February 21st. This represents a $1.36 annualized dividend and a dividend yield of 6.60%. The ex-dividend date of this dividend is Tuesday, February 13th. Read our dividend analysis for SASR. Is Sandy Spring Bancorp a good dividend stock? Sandy Spring Bancorp (NASDAQ:SASR) pays an annual dividend of $1.36 per share and currently has a dividend yield of 6.58%. SASR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 49.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SASR will have a dividend payout ratio of 49.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SASR. What ETFs hold Sandy Spring Bancorp's stock? ETFs with the largest weight of Sandy Spring Bancorp (NASDAQ:SASR) stock in their portfolio include Invesco High Yield Equity Dividend Achievers ETF (PEY) and First Trust Small Cap Value AlphaDEX Fund (FYT).WBI Power Factor High Dividend ETF (WBIY). What is Daniel J. Schrider's approval rating as Sandy Spring Bancorp's CEO? 28 employees have rated Sandy Spring Bancorp Chief Executive Officer Daniel J. Schrider on Glassdoor.com. Daniel J. Schrider has an approval rating of 82% among the company's employees. What other stocks do shareholders of Sandy Spring Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sandy Spring Bancorp investors own include Pinnacle Financial Partners (PNFP), Energy Transfer (ET), Pfizer (PFE), AT&T (T), Ford Motor (F), International Business Machines (IBM), Steel Dynamics (STLD), AbbVie (ABBV), Abbott Laboratories (ABT) and Canadian Natural Resources (CNQ). Who are Sandy Spring Bancorp's major shareholders? Sandy Spring Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.95%), Vanguard Group Inc. (5.95%), Dimensional Fund Advisors LP (4.99%), Massachusetts Financial Services Co. MA (1.90%), Charles Schwab Investment Management Inc. (1.29%) and North Reef Capital Management LP (1.27%). Insiders that own company stock include Craig A Ruppert and Kenneth C Cook. View institutional ownership trends. How do I buy shares of Sandy Spring Bancorp? Shares of SASR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SASR) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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