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

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

Sandy Spring Bancorp announced a quarterly dividend on Wednesday, July 31st. Investors of record on Wednesday, August 14th will be paid a dividend of $0.30 per share on Wednesday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 3.47%. The ex-dividend date of this dividend is Tuesday, August 13th. View Sandy Spring Bancorp's Dividend History.

Sandy Spring Bancorp Inc. (NASDAQ:SASR) posted its quarterly earnings data on Thursday, October, 17th. The bank reported $0.82 EPS for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.02. The bank earned $85.36 million during the quarter, compared to the consensus estimate of $84.70 million. Sandy Spring Bancorp had a net margin of 27.41% and a return on equity of 10.22%. During the same period 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 analysts have issued 12 month target prices for Sandy Spring Bancorp's stock. Their predictions range from $35.00 to $38.00. On average, they expect Sandy Spring Bancorp's share price to reach $36.75 in the next twelve months. This suggests a possible upside of 6.3% 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 coverage about SASR stock has been trending extremely negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sandy Spring Bancorp earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company'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 September. As of September 30th, there was short interest totalling 853,500 shares, an increase of 60.2% from the August 30th total of 532,900 shares. Based on an average daily volume of 143,800 shares, the days-to-cover ratio is presently 5.9 days. Approximately 2.5% 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 number of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.63%), Cox Capital Mgt LLC (0.12%), Strs Ohio (0.07%), Envestnet Asset Management Inc. (0.06%), Virginia Retirement Systems ET AL (0.05%) and Meeder Asset Management Inc. (0.05%). 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 Virginia Retirement Systems ET AL and Strs Ohio. View Insider Buying and Selling for Sandy Spring Bancorp.

SASR stock was acquired by a variety of institutional investors in the last quarter, including Cox Capital Mgt LLC, Meeder Asset Management Inc., Dalton Greiner Hartman Maher & Co. and Envestnet Asset Management Inc.. 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 $34.56.

Sandy Spring Bancorp has a market capitalization of $1.23 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]