Sandy Spring Bancorp Stock Price, Forecast & Analysis (NASDAQ:SASR)

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

Sandy Spring Bancorp declared a quarterly dividend on Wednesday, October 30th. Stockholders 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 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Tuesday, November 12th. View Sandy Spring Bancorp's Dividend History.

Sandy Spring Bancorp Inc. (NASDAQ:SASR) released its quarterly earnings results on Thursday, October, 17th. The bank reported $0.82 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.02. The bank earned $85.36 million during the quarter, compared to analyst estimates of $84.70 million. Sandy Spring Bancorp had a return on equity of 10.11% and a net margin of 27.41%. During the same quarter in the previous year, the business earned $0.79 EPS. View Sandy Spring Bancorp's Earnings History.

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

4 equities research analysts have issued 1-year price targets for Sandy Spring Bancorp's shares. Their forecasts range from $35.00 to $38.00. On average, they anticipate Sandy Spring Bancorp's stock price to reach $36.75 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets for Sandy Spring Bancorp.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sandy Spring Bancorp.

News headlines about SASR stock have trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sandy Spring Bancorp earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Sandy Spring Bancorp.

Sandy Spring Bancorp saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,200,000 shares, an increase of 15.4% from the September 30th total of 1,040,000 shares. Based on an average trading volume of 142,000 shares, the short-interest ratio is currently 8.5 days. Approximately 3.5% of the company's shares 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), BB&T (BBT), 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), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).

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), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), AT&T (T), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP) and Ford Motor (F).

Sandy Spring Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Systematic Financial Management LP (1.86%), Dalton Greiner Hartman Maher & Co. (1.63%), Massachusetts Financial Services Co. MA (1.21%), Chartwell Investment Partners LLC (1.14%), Wedge Capital Management L L P NC (0.50%) and Lafayette Investments Inc. (0.30%). 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 WBI Investments Inc., Sargent Investment Group LLC, Creative Planning, SG Americas Securities LLC, Comerica Bank, Lafayette Investments Inc., Evermay Wealth Management LLC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Sandy Spring Bancorp.

SASR stock was acquired by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, First Trust Advisors LP, California Public Employees Retirement System, Cox Capital Mgt LLC, Meeder Asset Management Inc., Dalton Greiner Hartman Maher & Co., Envestnet Asset Management Inc. and Russell Investments Group Ltd.. 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 $35.23.

Sandy Spring Bancorp has a market capitalization of $1.26 billion and generates $385.13 million in revenue each year. The bank earns $100.86 million in net income (profit) each year or $2.86 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]