NASDAQ:SASR Sandy Spring Bancorp (SASR) Stock Forecast, Price & News $20.74 -0.62 (-2.90%) (As of 11:21 AM ET) Add Compare Share Share Today's Range$20.60▼$21.4450-Day Range$19.84▼$27.1552-Week Range$19.47▼$42.70Volume32,813 shsAverage Volume321,931 shsMarket Capitalization$929.77 millionP/E Ratio5.37Dividend Yield6.56%Price Target$28.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Sandy Spring Bancorp MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside31.1% Upside$28.00 Price TargetShort InterestHealthy3.46% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.06Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-6.29%From $3.34 to $3.13 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.2.91 out of 5 starsFinance Sector187th out of 901 stocksNational Commercial Banks Industry30th out of 85 stocks 3.1 Analyst's Opinion Consensus RatingSandy Spring Bancorp has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.00, Sandy Spring Bancorp has a forecasted upside of 31.1% from its current price of $21.36.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 Shorted3.46% 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 3.9, 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 4.17%, indicating that investor sentiment is decreasing. Previous Next 5.0 Dividend Strength Dividend LeadershipSandy Spring Bancorp is a leading dividend payer. It pays a dividend yield of 6.36%, 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 35.23%. 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 43.45% 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 3.4 News and Social Media Coverage News SentimentSandy Spring Bancorp has a news sentiment score of 1.06. 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 is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Sandy Spring Bancorp this week, compared to 2 articles on an average week.Search Interest6 people have searched for SASR on MarketBeat in the last 30 days. MarketBeat FollowsOnly 3 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 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Sandy Spring Bancorp are expected to decrease by -6.29% in the coming year, from $3.34 to $3.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sandy Spring Bancorp is 5.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Sandy Spring Bancorp is 5.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 154.41.Price to Book Value per Share RatioSandy Spring Bancorp has a P/B Ratio of 0.62. 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 HeadlinesMay 27, 2023 | americanbankingnews.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Given Average Rating of "Hold" by BrokeragesMay 25, 2023 | americanbankingnews.comFinancial Analysis: Sandy Spring Bancorp (NASDAQ:SASR) and UniCredit (OTCMKTS:UNCRY)May 31, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 13, 2023 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Upgraded to Hold by StockNews.comMay 8, 2023 | americanbankingnews.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Announces $0.34 Quarterly DividendMay 7, 2023 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Downgraded by StockNews.comMay 4, 2023 | msn.comSandy Spring Bancorp's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowMay 4, 2023 | americanbankingnews.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Receives $28.00 Average PT from AnalystsMay 31, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 1, 2023 | seekingalpha.comSandy Spring Bancorp: Attractive Dividend Yield And Price Upside, But Risks Call For VigilanceApril 30, 2023 | finance.yahoo.comSandy Spring Bancorp (NASDAQ:SASR) Is Paying Out A Dividend Of $0.34April 29, 2023 | msn.comSandy Spring Bancorp (SASR) Declares $0.34 DividendApril 29, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for Sandy Spring Bancorp, Inc.'s Q2 2023 Earnings (NASDAQ:SASR)April 26, 2023 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Price Target Cut to $27.00April 25, 2023 | msn.comWhat 7 Analyst Ratings Have To Say About Sandy Spring BancorpApril 25, 2023 | msn.comPiper Sandler Maintains Sandy Spring Bancorp (SASR) Neutral RecommendationApril 25, 2023 | msn.comDA Davidson Maintains Sandy Spring Bancorp (SASR) Buy RecommendationApril 25, 2023 | markets.businessinsider.comSandy Spring Bancorp (SASR) Receives a Hold from KBWApril 24, 2023 | markets.businessinsider.comD.A. Davidson Sticks to Their Buy Rating for Sandy Spring Bancorp (SASR)April 24, 2023 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) PT Lowered to $28.00 at DA DavidsonApril 24, 2023 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Price Target Cut to $27.00 by Analysts at StephensApril 21, 2023 | msn.comStephens & Co. Maintains Sandy Spring Bancorp (SASR) Equal-Weight RecommendationApril 21, 2023 | finance.yahoo.comQ1 2023 Sandy Spring Bancorp Inc Earnings CallApril 20, 2023 | seekingalpha.comSandy Spring Bancorp, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 20, 2023 | msn.comRecap: Sandy Spring Bancorp Q1 EarningsApril 20, 2023 | bizjournals.comSandy Spring Bank pledges to cut costs after expenses soar in Q1April 20, 2023 | finanznachrichten.deSandy Spring Bancorp, Inc.: Sandy Spring Bancorp Reports First Quarter Earnings of $51.3 MillionSee 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 5/17 Dividend5/09/2023Dividend Payable5/17/2023Today5/30/2023Next Earnings (Estimated)7/20/2023Fiscal 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$28.00 High Stock Price Forecast$30.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+31.1%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.86 Trailing P/E Ratio5.53 Forward P/E Ratio6.40 P/E GrowthN/ANet Income$166.30 million Net Margins27.85% Pretax Margin37.31% Return on Equity11.05% Return on Assets1.19% Debt Debt-to-Equity Ratio0.73 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$582.69 million Price / Sales1.64 Cash Flow$3.85 per share Price / Cash Flow5.55 Book Value$33.24 per share Price / Book0.64Miscellaneous Outstanding Shares44,830,000Free Float43,400,000Market Cap$957.57 million OptionableOptionable Beta0.91 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 CompetitorsHope BancorpNASDAQ:HOPEWestamerica BancorporationNASDAQ:WABCPacWest BancorpNASDAQ:PACWNational BankNYSE:NBHCFirst Commonwealth FinancialNYSE:FCFView All CompetitorsInstitutional OwnershipProShare Advisors LLCBought 35,469 shares on 5/26/2023Ownership: 0.654%Ameriprise Financial Inc.Sold 508,150 shares on 5/22/2023Ownership: 0.413%JPMorgan Chase & Co.Sold 47,350 shares on 5/18/2023Ownership: 0.172%New York State Common Retirement FundBought 4,208 shares on 5/18/2023Ownership: 0.114%Chevy Chase Trust Holdings LLCBought 51,465 shares on 5/17/2023Ownership: 0.231%View All Institutional Transactions SASR Stock - Frequently Asked Questions Should I buy or sell Sandy Spring Bancorp stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last twelve months. There are currently 3 hold ratings and 1 buy rating 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 forecast for 2023? 4 equities research analysts have issued 12 month price targets for Sandy Spring Bancorp's stock. Their SASR share price forecasts range from $27.00 to $30.00. On average, they anticipate the company's stock price to reach $28.00 in the next year. This suggests a possible upside of 31.1% 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 beginning of the year. Since then, SASR stock has decreased by 39.4% and is now trading at $21.36. 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, July 20th 2023. View our SASR earnings forecast. How were Sandy Spring Bancorp's earnings last quarter? Sandy Spring Bancorp, Inc. (NASDAQ:SASR) posted its earnings results on Thursday, January, 26th. The bank reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $0.93 by $0.14. The bank had revenue of $159.60 million for the quarter, compared to the consensus estimate of $128.43 million. Sandy Spring Bancorp had a net margin of 27.85% and a trailing twelve-month return on equity of 11.05%. During the same period last year, the business earned $1.05 earnings per share. 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, April 27th. Investors of record on Wednesday, May 10th will be given a dividend of $0.34 per share on Wednesday, May 17th. This represents a $1.36 dividend on an annualized basis and a yield of 6.37%. The ex-dividend date of this dividend is Tuesday, May 9th. 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 Timothy Plan Market Neutral ETF (TPMN), 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), 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 6.36%. 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 35.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SASR will have a dividend payout ratio of 43.45% 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.73%), Dimensional Fund Advisors LP (5.88%), State Street Corp (3.45%), Macquarie Group Ltd. (2.75%), Geode Capital Management LLC (1.97%) and Systematic Financial Management LP (1.47%). Insiders that own company stock include Daniel J Schrider 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 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 $21.36. How much money does Sandy Spring Bancorp make? Sandy Spring Bancorp (NASDAQ:SASR) has a market capitalization of $957.57 million and generates $582.69 million in revenue each year. The bank earns $166.30 million in net income (profit) each year or $3.86 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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