NASDAQ:SASR

Sandy Spring Bancorp Stock Forecast, Price & News

$35.16

-0.56 (-1.57 %)

(As of 01/26/2021 12:00 AM ET)

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Today's Range

$35.13

Now: $35.16▼

$36.30

50-Day Range

$31.01

MA: $33.44▼

$36.41

52-Week Range

$18.00

Now: $35.16▼

$36.91

Volume152,600 shs

Average Volume162,444 shs

Market Capitalization$1.65 billion

P/E Ratio20.56

Dividend Yield3.36%

Beta1.11

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 central Maryland, Northern Virginia, and Washington D.C. The company operates in three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment provides financial products and services, including various loan and deposit products. This segment accepts deposits, such as demand, money market savings, regular savings, and time deposits. Its loan products include residential real estate loans; commercial real estate loans, commercial construction loans, and other commercial loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities. The Investment Management segment provides investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. The company also provides equipment leasing, personal trust, and wealth management services. It serves customers through a network of 50 community offices and six financial centers. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.

MarketRank^™

Overall MarketRank^™

2.16 out of 5 stars

Finance Sector

156th out of 1,936 stocks

National Commercial Banks Industry

27th out of 164 stocks

1.2 Analyst's Opinion

Consensus Rating
Sandy Spring Bancorp has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.00, Sandy Spring Bancorp has a forecasted downside of 3.3% from its current price of $35.16.
Amount of Analyst Coverage
Sandy Spring Bancorp has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Sandy Spring Bancorp has received 282 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sandy Spring Bancorp has received 325 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sandy Spring Bancorp has received 53.54% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Sandy Spring Bancorp and other stocks. Vote “Outperform” if you believe SASR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SASR will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Sandy Spring Bancorp pays a meaningful dividend of 3.36%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sandy Spring Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sandy Spring Bancorp is 36.59%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sandy Spring Bancorp will have a dividend payout ratio of 36.47% next year. This indicates that Sandy Spring Bancorp will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sandy Spring Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,981.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 3.04% of the stock of Sandy Spring Bancorp is held by insiders.
Percentage Held by Institutions
60.89% 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.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Sandy Spring Bancorp are expected to grow by 47.53% in the coming year, from $2.23 to $3.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sandy Spring Bancorp is 20.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sandy Spring Bancorp is 20.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.05.
Price to Earnings Growth Ratio
Sandy Spring Bancorp has a PEG Ratio of 3.01. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sandy Spring Bancorp has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:SASR

Previous Symbol

CUSIP80036310

CIK824410

Webwww.sandyspringbank.com

Phone301-774-6400

Employees1,080

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.47

Current Ratio0.99

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio20.56

Forward P/E Ratio15.77

P/E Growth3.01

Sales & Book Value

Annual Sales$419.19 million

Price / Sales3.95

Cash Flow$3.61 per share

Price / Cash Flow9.75

Book Value$31.80 per share

Price / Book1.11

Profitability

EPS (Most Recent Fiscal Year)$3.28

Net Income$116.43 million

Net Margins14.12%

Return on Equity7.29%

Return on Assets0.85%

Miscellaneous

Outstanding Shares47,040,000

Market Cap$1.65 billion

Next Earnings Date4/22/2021 (Estimated)

OptionableOptionable

$35.16

-0.56 (-1.57 %)

(As of 01/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Sandy Spring Bancorp (NASDAQ:SASR) Frequently Asked Questions

How has Sandy Spring Bancorp's stock been impacted by COVID-19?

Sandy Spring Bancorp's stock was trading at $25.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SASR stock has increased by 38.3% and is now trading at $35.16.
View which stocks have been most impacted by COVID-19.

Is Sandy Spring Bancorp a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Sandy Spring Bancorp stock. 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 analyst ratings for Sandy Spring Bancorp or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Sandy Spring Bancorp?

Wall Street analysts have given Sandy Spring Bancorp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Sandy Spring Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Daniel J. Schrider's approval rating as Sandy Spring Bancorp's CEO?

28 employees have rated Sandy Spring Bancorp CEO Daniel J. Schrider on Glassdoor.com. Daniel J. Schrider has an approval rating of 82% among Sandy Spring Bancorp's employees.

When is Sandy Spring Bancorp's next earnings date?

Sandy Spring Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Sandy Spring Bancorp.

How were Sandy Spring Bancorp's earnings last quarter?

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) posted its quarterly earnings results on Wednesday, January, 20th. The bank reported $1.19 EPS for the quarter, topping the Zacks' consensus estimate of $0.93 by $0.26. Sandy Spring Bancorp had a net margin of 14.12% and a trailing twelve-month return on equity of 7.29%.
View Sandy Spring Bancorp's earnings history.

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 Friday, October 30th. Stockholders of record on Wednesday, November 11th will be paid a dividend of $0.30 per share on Wednesday, November 18th. This represents a $1.20 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend is Monday, November 9th.
View Sandy Spring Bancorp's dividend history.

Is Sandy Spring Bancorp a good dividend stock?

Sandy Spring Bancorp pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.36%. The dividend payout ratio of Sandy Spring Bancorp is 36.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sandy Spring Bancorp will have a dividend payout ratio of 36.47% next year. This indicates that Sandy Spring Bancorp will be able to sustain or increase its dividend.
View Sandy Spring Bancorp's dividend history.

What price target have analysts set for SASR?

5 Wall Street analysts have issued 1 year price targets for Sandy Spring Bancorp's stock. Their forecasts range from $29.00 to $41.00. On average, they expect Sandy Spring Bancorp's stock price to reach $34.00 in the next twelve months. This suggests that the stock has a possible downside of 3.3%.
View analysts' price targets for Sandy Spring Bancorp or view Wall Street analyst' top-rated stocks.

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

Some companies that are related to Sandy Spring Bancorp include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
View all of SASR's competitors.

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 key executives?

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

Mr. Daniel J. Schrider, Pres, CEO & Non-Independent Director (Age 57, Pay $1.37M)
Mr. Philip J. Mantua CPA, CPA, Exec. VP & CFO (Age 63, Pay $677.95k)
Mr. Aaron Michael Kaslow, Exec. VP, Gen. Counsel & Sec. (Age 56, Pay $488.31k)
Mr. Joseph J. O'Brien Jr., Exec. VP & Chief Banking Officer of Sandy Spring Bank (Age 57, Pay $783.65k)
Mr. Ramiro Louis Caceres, Exec. VP of Wealth Management, Insurance & Mortgage of Sandy Spring Bank (Age 58, Pay $674.82k)
Ms. Janet VA Replogle, VP & Ass't Corp. Sec.
Mr. Todd Ellis, Pres of Sandy Spring Insurance
Mr. Mark N. DuHamel, Treasurer & Division Exec. (Age 63)
Mr. John D. Sadowski, Chief Information Officer & EVP - Sandy Spring Bank (Age 58)
Ms. Ronda M. McDowell, Chief Credit Officer & Exec. VP - Sandy Spring Bank (Age 56)

What is Sandy Spring Bancorp's stock symbol?

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

Who are Sandy Spring Bancorp's major shareholders?

Sandy Spring Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.39%), Wedge Capital Management L L P NC (0.34%), Congress Asset Management Co. MA (0.24%), Cox Capital Mgt LLC (0.14%), Pinnacle Associates Ltd. (0.08%) and Kestra Advisory Services LLC (0.07%). Company insiders that own Sandy Spring Bancorp stock include Aaron Michael Kaslow, Daniel J Schrider, James J Maiwurm, Joe Reeder, Mark C Michael, Mark C Micklem, Pamela A Little and Ronda M Mcdowell.
View institutional ownership trends for Sandy Spring Bancorp.

Which major investors are selling Sandy Spring Bancorp stock?

SASR stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Wedge Capital Management L L P NC, Pinnacle Associates Ltd., Congress Asset Management Co. MA, and Cox Capital Mgt LLC.
View insider buying and selling activity for Sandy Spring Bancorp or view top insider-selling stocks.

Which major investors are buying Sandy Spring Bancorp stock?

SASR stock was purchased by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC, and Family Firm Inc.. Company insiders that have bought Sandy Spring Bancorp stock in the last two years include Aaron Michael Kaslow, Daniel J Schrider, James J Maiwurm, Joe Reeder, Mark C Michael, Mark C Micklem, and Pamela A Little.
View insider buying and selling activity for Sandy Spring Bancorp or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Sandy Spring Bancorp's stock price today?

One share of SASR stock can currently be purchased for approximately $35.16.

How big of a company is Sandy Spring Bancorp?

Sandy Spring Bancorp has a market capitalization of $1.65 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 1,080 workers across the globe.

What is Sandy Spring Bancorp's official website?

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

How can I contact Sandy Spring Bancorp?

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]ngbank.com.

This page was last updated on 1/26/2021 by MarketBeat.com Staff

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