NASDAQ:SASR Sandy Spring Bancorp - SASR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Sandy Spring Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $26.39 -0.21 (-0.79%) (As of 03/23/2023 01:04 PM ET) Add Compare Share Share Today's Range$26.38▼$27.4150-Day Range$26.60▼$35.5952-Week Range$26.05▼$46.18Volume89,059 shsAverage Volume314,027 shsMarket Capitalization$1.18 billionP/E Ratio7.17Dividend Yield5.15%Price Target$37.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Sandy Spring Bancorp MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside41.2% Upside$37.67 Price TargetShort InterestBearish3.79% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth20.54%From $3.31 to $3.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.98 out of 5 starsFinance Sector146th out of 876 stocksNational Commercial Banks Industry20th out of 85 stocks 3.2 Analyst's Opinion Consensus RatingSandy Spring Bancorp has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.67, Sandy Spring Bancorp has a forecasted upside of 41.2% from its current price of $26.67.Amount of Analyst CoverageSandy Spring Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.79% 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 6.9.Change versus previous monthShort interest in Sandy Spring Bancorp has recently increased by 10.81%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipSandy Spring Bancorp is a leading dividend payer. It pays a dividend yield of 5.08%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSandy Spring Bancorp has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Sandy Spring Bancorp is 36.96%. 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 34.09% 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 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Sandy Spring Bancorp this week, compared to 1 article on an average week.Search Interest10 people have searched for SASR on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows7 people have added Sandy Spring Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 600% 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 Institutions64.95% 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 20.54% in the coming year, from $3.31 to $3.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sandy Spring Bancorp is 7.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Sandy Spring Bancorp is 7.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 138.26.Price to Book Value per Share RatioSandy Spring Bancorp has a P/B Ratio of 0.80. 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 About Sandy Spring Bancorp (NASDAQ:SASR) StockSandy Spring Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking, retail banking, and trust services to individuals and businesses. It operates through the following segments: Community Banking, Insurance, and Investment Management. The Community Banking segment conducts its operations through Sandy Spring Bank and involves delivering financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment includes operations through Sandy Spring Insurance Corp, a subsidiary of the bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment conducts its operations through West Financial Services, Inc., a subsidiary of the Bank. The company was founded in 1868 and is headquartered in Olney, MD.Read More 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 SASR Stock News HeadlinesMarch 17, 2023 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Downgraded by StockNews.comMarch 9, 2023 | bizjournals.comSandy Spring Bank plans new branch in Baltimore, beefs up commercial lendingMarch 23, 2023 | Investing Daily (Ad)27 U.S. Cities Where Stocks Yield 26% a YearWhat’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. March 2, 2023 | finance.yahoo.comSandy Spring Bancorp (NASDAQ:SASR) investors are sitting on a loss of 28% if they invested a year agoFebruary 22, 2023 | finance.yahoo.comNoha Galal Joins Sandy Spring Bank as Senior Vice President and Middle Market Team Leader for Corporate and Institutional Banking DivisionFebruary 2, 2023 | finance.yahoo.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Looks Interesting, And It's About To Pay A DividendJanuary 30, 2023 | seekingalpha.comSandy Spring Bancorp Squeezed By Weak SpreadsJanuary 29, 2023 | finance.yahoo.comSandy Spring Bancorp (NASDAQ:SASR) Has Affirmed Its Dividend Of $0.34March 23, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. January 27, 2023 | finance.yahoo.comSandy Spring Bancorp Full Year 2022 Earnings: EPS Misses ExpectationsJanuary 26, 2023 | seekingalpha.comSandy Spring Bancorp Inc. (SASR) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | finanznachrichten.deSandy Spring Bancorp, Inc.: Sandy Spring Bancorp Reports Fourth Quarter Earnings of $34.0 MillionJanuary 26, 2023 | finance.yahoo.comSandy Spring Bancorp Reports Fourth Quarter Earnings of $34.0 MillionJanuary 26, 2023 | finance.yahoo.comSandy Spring Bancorp (SASR) Q4 Earnings and Revenues Miss EstimatesJanuary 25, 2023 | msn.comA Preview Of Sandy Spring Bancorp's EarningsJanuary 5, 2023 | finance.yahoo.comSandy Spring Bancorp, Inc. to Webcast Fourth Quarter Earnings Conference Call on January 26, 2023December 21, 2022 | finance.yahoo.comSandy Spring Bank eliminates NSF fees, reduces fees on overdraftsDecember 19, 2022 | finance.yahoo.comSandy Spring Bank, Burke & Herbert combine CEO and chair titlesDecember 19, 2022 | finance.yahoo.comSandy Spring Bank Eliminates Non-Sufficient Funds Fees, Revises Overdraft Policies for All Personal Deposit ProductsDecember 16, 2022 | msn.comSandy Spring Bancorp CEO and President adds to the Chair roleDecember 15, 2022 | finance.yahoo.comSandy Spring Bancorp, Inc. President and CEO Daniel J. Schrider to Add Chair RoleDecember 7, 2022 | finance.yahoo.comCompassion, culture important in creating healthy workplace, local executives sayNovember 30, 2022 | finance.yahoo.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) is a favorite amongst institutional investors who own 67%November 3, 2022 | msn.comSandy Spring Bancorp: Dividend InsightsNovember 3, 2022 | finance.yahoo.comThere's A Lot To Like About Sandy Spring Bancorp's (NASDAQ:SASR) Upcoming US$0.34 DividendOctober 28, 2022 | finance.yahoo.comSandy Spring Bancorp, Inc. Announces Retirement of Kenneth C. Cook, Commercial Banking PresidentOctober 26, 2022 | finance.yahoo.comSandy Spring Bancorp, Inc.'s (NASDAQ:SASR) recent US$208m market cap decline means a loss of US$11k for insiders who bought this yearSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 SASR Company Calendar Last Earnings1/26/2023Ex-Dividend for 2/15 Dividend2/07/2023Dividend Payable2/15/2023Today3/23/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:SASR CUSIP80036310 CIK824410 Webwww.sandyspringbank.com Phone(301) 774-6400Fax301-774-8434Employees1,169Year Founded1868Price Target and Rating Average Stock Price Forecast$37.67 High Stock Price Forecast$39.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+41.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.68 Trailing P/E Ratio7.25 Forward P/E Ratio8.06 P/E GrowthN/ANet Income$166.30 million Net Margins28.54% Pretax Margin38.16% Return on Equity10.65% Return on Assets1.17% Debt Debt-to-Equity Ratio0.62 Current Ratio1.01 Quick Ratio1.01 Sales & Book Value Annual Sales$582.69 million Price / Sales2.04 Cash Flow$3.84 per share Price / Cash Flow6.94 Book Value$33.24 per share Price / Book0.80Miscellaneous Outstanding Shares44,670,000Free Float43,244,000Market Cap$1.19 billion OptionableOptionable Beta0.94 Social Links Key ExecutivesDaniel J. SchriderChairman, President & Chief Executive OfficerRonda M. McdowellChief Operations Officer & Executive VPPhilip J. MantuaChief Financial Officer & Executive Vice PresidentJohn D. SadowskiChief Information Officer & Executive VPRamiro Louis CaceresChief Wealth Officer & Executive Vice PresidentKey CompetitorsNational BankNYSE:NBHCWestamerica BancorporationNASDAQ:WABCHope BancorpNASDAQ:HOPEFirst Commonwealth FinancialNYSE:FCFCityNASDAQ:CHCOView All CompetitorsInstitutional OwnershipVictory Capital Management Inc.Sold 91,604 shares on 3/10/2023Ownership: 1.364%Rockefeller Capital Management L.P.Bought 1,050 shares on 3/6/2023Ownership: 0.002%Macquarie Group Ltd.Bought 95,010 shares on 2/21/2023Ownership: 2.753%Truist Financial CorpBought 2,151 shares on 2/17/2023Ownership: 0.086%United Capital Financial Advisers LLCBought 368 shares on 2/16/2023Ownership: 0.058%View All Institutional Transactions SASR Stock - Frequently Asked Questions Should I buy or sell Sandy Spring Bancorp stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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 forecast for 2023? 3 brokers have issued 12 month price targets for Sandy Spring Bancorp's shares. Their SASR share price forecasts range from $35.00 to $39.00. On average, they predict the company's stock price to reach $37.67 in the next year. This suggests a possible upside of 41.2% 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 2023? Sandy Spring Bancorp's stock was trading at $35.23 at the start of the year. Since then, SASR stock has decreased by 24.3% and is now trading at $26.67. View the best growth stocks for 2023 here. When is Sandy Spring Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023. View our SASR earnings forecast. How were Sandy Spring Bancorp's earnings last quarter? Sandy Spring Bancorp, Inc. (NASDAQ:SASR) released its quarterly earnings results on Thursday, January, 26th. The bank reported $0.79 EPS for the quarter, missing the consensus estimate of $0.93 by $0.14. The bank had revenue of $159.60 million for the quarter, compared to analyst estimates of $128.43 million. Sandy Spring Bancorp had a net margin of 28.54% and a trailing twelve-month return on equity of 10.65%. During the same period last year, the company earned $1.05 EPS. 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 Thursday, January 26th. Stockholders of record on Wednesday, February 8th will be paid a dividend of $0.34 per share on Wednesday, February 15th. This represents a $1.36 dividend on an annualized basis and a yield of 5.10%. The ex-dividend date is Tuesday, February 7th. 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), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), ProShares Russell 2000 Dividend Growers ETF (SMDV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), First Trust Small Cap Value AlphaDEX Fund (FYT), SPDR S&P Regional Banking ETF (KRE), WisdomTree U.S. SmallCap Fund (EES) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF). 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 5.08%. SASR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SASR will have a dividend payout ratio of 34.09% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SASR. 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). 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 number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.62%), T. Rowe Price Investment Management Inc. (2.83%), Macquarie Group Ltd. (2.75%), Geode Capital Management LLC (1.90%), Alliancebernstein L.P. (1.79%) and Systematic Financial Management LP (1.65%). Insiders that own company stock include Daniel J Schrider, James J Maiwurm, Kenneth C Cook, Mark C Michael and Pamela A Little. 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 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 $26.67. How much money does Sandy Spring Bancorp make? Sandy Spring Bancorp (NASDAQ:SASR) has a market capitalization of $1.19 billion and generates $582.69 million in revenue each year. The bank earns $166.30 million in net income (profit) each year or $3.68 on an earnings per share basis. How many employees does Sandy Spring Bancorp have? The company employs 1,169 workers across the globe. How can I contact Sandy Spring Bancorp? Sandy Spring Bancorp's mailing address is 17801 GEORGIA AVE, OLNEY MD, 20832. The official website for the company is www.sandyspringbank.com. The bank can be reached via phone at (301) 774-6400, via email at ir@sandyspringbank.com, or via fax at 301-774-8434. This page (NASDAQ:SASR) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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