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S&P 500   4,158.24
DOW   33,212.96
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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NASDAQ:SASR

Sandy Spring Bancorp (SASR) Stock Forecast, Price & News

$42.31
+0.47 (+1.12%)
(As of 05/27/2022 04:00 PM ET)
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Today's Range
$41.75
$42.34
50-Day Range
$38.22
$45.85
52-Week Range
$37.61
$52.04
Volume
61,246 shs
Average Volume
147,778 shs
Market Capitalization
$1.91 billion
P/E Ratio
9.75
Dividend Yield
3.25%
Beta
1.03
30 days | 90 days | 365 days | Advanced Chart
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Sandy Spring Bancorp logo

About Sandy Spring Bancorp

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. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real estate 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, such as commercial, personal, and medical liability lines. The Investment Management segment offers 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. It also provides personal trust and wealth management services. The company operates a network of approximately 50 locations in Maryland, Northern Virginia, and Washington D.C. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.

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Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SASR
CUSIP
80036310
Employees
1,116
Year Founded
1868

Sales & Book Value

Annual Sales
$552.34 million
Cash Flow
$5.34 per share
Book Value
$32.91 per share

Profitability

Net Income
$235.11 million
Pretax Margin
50.37%

Debt

Price-To-Earnings

Miscellaneous

Free Float
43,792,000
Market Cap
$1.91 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 2/28 Dividend
2/17/2022
Dividend Payable
2/28/2022
Last Earnings
4/21/2022
Ex-Dividend for 5/18 Dividend
5/10/2022
Dividend Payable
5/18/2022
Today
5/28/2022
Next Earnings (Estimated)
7/28/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.02 out of 5 stars

Finance Sector

123rd out of 1,381 stocks

National Commercial Banks Industry

19th out of 110 stocks

Analyst Opinion: 3.3Community Rank: 4.1Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -













Sandy Spring Bancorp (NASDAQ:SASR) Frequently Asked Questions

Is Sandy Spring Bancorp a buy right now?

2 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 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Sandy Spring Bancorp stock.
View analyst ratings for Sandy Spring Bancorp
or view top-rated stocks.

When is Sandy Spring Bancorp's next earnings date?

Sandy Spring Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
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 data on Thursday, April, 21st. The bank reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.07. The bank had revenue of $122.05 million for the quarter, compared to analyst estimates of $126.05 million. Sandy Spring Bancorp had a trailing twelve-month return on equity of 13.08% and a net margin of 37.99%. During the same quarter in the previous year, the company earned $1.20 EPS.
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, April 29th. Stockholders of record on Wednesday, May 11th will be paid a dividend of $0.34 per share on Wednesday, May 18th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date is Tuesday, May 10th.
View Sandy Spring Bancorp's dividend history
.

Is Sandy Spring Bancorp a good dividend stock?

Sandy Spring Bancorp pays an annual dividend of $1.36 per share and currently has a dividend yield of 3.25%. Sandy Spring Bancorp has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Sandy Spring Bancorp is 31.34%. 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 33.75% 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?

2 Wall Street analysts have issued 12 month target prices for Sandy Spring Bancorp's shares. Their forecasts range from $50.00 to $61.00. On average, they expect Sandy Spring Bancorp's stock price to reach $55.50 in the next year. This suggests a possible upside of 31.2% from the stock's current price.
View analysts' price targets for Sandy Spring Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Sandy Spring Bancorp's key executives?
Sandy Spring Bancorp's management team includes the following people:
  • Mr. Daniel J. Schrider, Vice Chairman, Pres & CEO (Age 58, Pay $1.9M)
  • Mr. Philip J. Mantua CPA, CPA, Exec. VP & CFO (Age 64, Pay $832.72k)
  • Mr. Ramiro Louis Caceres, Exec. VP & Chief Wealth Officer (Age 59, Pay $843.04k)
  • Mr. Joseph J. O'Brien Jr., Exec. VP & Chief Banking Officer of Sandy Spring Bank (Age 58, Pay $1.09M)
  • Mr. Kenneth C. Cook, Exec. VP & Pres of Commercial Banking - Sandy Spring Bank (Age 62, Pay $919.8k) (LinkedIn Profile)
  • Ms. Ronda M. McDowell, Exec. VP & COO of Sandy Spring Bank (Age 57)
  • Ms. Janet VA Replogle, VP & Ass't Corp. Sec.
  • Mr. Aaron Michael Kaslow, Exec. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. Gary John Fernandes, Exec. VP & Chief HR Officer (Age 53)
  • Mr. John D. Sadowski, Chief Information Officer & EVP - Sandy Spring Bank (Age 59)
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.

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).

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.42%), Vanguard Group Inc. (6.06%), Dimensional Fund Advisors LP (5.25%), State Street Corp (3.36%), Westwood Holdings Group Inc. (3.11%) and Massachusetts Financial Services Co. MA (1.70%). Company insiders that own Sandy Spring Bancorp stock include Daniel J Schrider and Kenneth C Cook.
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 Bank of New York Mellon Corp, Chartwell Investment Partners LLC, BlackRock Inc., Dimensional Fund Advisors LP, Allianz Asset Management GmbH, LSV Asset Management, Northern Trust Corp, and TD Asset Management Inc..
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 acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Principal Financial Group Inc., Victory Capital Management Inc., American Century Companies Inc., Goldman Sachs Group Inc., ProShare Advisors LLC, Westwood Holdings Group Inc., and PNC Financial Services Group Inc..
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.
Compare Top Brokerages Here.

What is Sandy Spring Bancorp's stock price today?

One share of SASR stock can currently be purchased for approximately $42.31.

How much money does Sandy Spring Bancorp make?

Sandy Spring Bancorp has a market capitalization of $1.91 billion and generates $552.34 million in revenue each year. The bank earns $235.11 million in net income (profit) each year or $4.34 on an earnings per share basis.

How many employees does Sandy Spring Bancorp have?

Sandy Spring Bancorp employs 1,116 workers across the globe.

When was Sandy Spring Bancorp founded?

Sandy Spring Bancorp was founded in 1868.

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, via email at [email protected], or via fax at 301-774-8434.

This page was last updated on 5/29/2022 by MarketBeat.com Staff

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