NASDAQ:SASR Sandy Spring Bancorp (SASR) Stock Price, News & Analysis → Move Your Money Before May 1 (From Stansberry Research) (Ad) Free SASR Stock Alerts $21.55 +0.18 (+0.84%) (As of 03:20 PM ET) Add Compare Share Share Today's Range$21.19▼$21.6350-Day Range$19.81▼$23.1852-Week Range$19.27▼$27.90Volume196,128 shsAverage Volume301,098 shsMarket Capitalization$969.75 millionP/E Ratio10.56Dividend Yield6.31%Price Target$23.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Sandy Spring Bancorp alerts: Email Address Sandy Spring Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside8.8% Upside$23.50 Price TargetShort InterestHealthy1.42% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.50Based on 19 Articles This WeekInsider TradingN/AProj. Earnings Growth35.75%From $2.07 to $2.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.93 out of 5 starsFinance Sector528th out of 864 stocksNational Commercial Banks Industry59th out of 85 stocks 1.0 Analyst's Opinion Consensus RatingSandy Spring Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.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 Shorted1.42% 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 1.8, 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 7.00%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSandy Spring Bancorp is a leading dividend payer. It pays a dividend yield of 6.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSandy Spring Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sandy Spring Bancorp is 66.67%. 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 48.40% 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 1.9 News and Social Media Coverage News SentimentSandy Spring Bancorp has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Sandy Spring Bancorp this week, compared to 2 articles on an average week. 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 Institutions66.90% 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 35.75% in the coming year, from $2.07 to $2.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sandy Spring Bancorp is 10.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Sandy Spring Bancorp is 10.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.06.Price to Book Value per Share RatioSandy Spring Bancorp has a P/B Ratio of 0.61. 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 Ad Weiss RatingsProtect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.4 simple steps to protect your privacy and money before it’s too late. About Sandy Spring Bancorp Stock (NASDAQ:SASR)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 in the United States. It offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, construction loans, and business loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The company provides investment management, financial planning, and wealth management services. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.Read More SASR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SASR Stock News HeadlinesApril 26, 2024 | finance.yahoo.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?April 26, 2024 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Stock Rating Reaffirmed by StephensApril 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 1Did you know that the IRS has allegedly been using AI to spy on the bank accounts of American citizens? April 25, 2024 | globenewswire.comSandy Spring Bancorp Declares Quarterly DividendApril 25, 2024 | americanbankingnews.comComparing Sandy Spring Bancorp (NASDAQ:SASR) & Ballston Spa Bancorp (OTCMKTS:BSPA)April 24, 2024 | finance.yahoo.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Q1 2024 Earnings Call TranscriptApril 24, 2024 | finance.yahoo.comQ1 2024 Sandy Spring Bancorp Inc Earnings CallApril 24, 2024 | gurufocus.comSandy Spring Bancorp Inc (SASR) Q1 2024 Earnings Call Transcript Highlights: A Detailed ...April 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 1Did you know that the IRS has allegedly been using AI to spy on the bank accounts of American citizens? April 23, 2024 | seekingalpha.comSandy Spring Bancorp, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 23, 2024 | finanznachrichten.deSandy Spring Bancorp, Inc.: Sandy Spring Bancorp Reports First Quarter Earnings of $20.4 MillionApril 23, 2024 | sfgate.comSandy Spring Bancorp: Q1 Earnings SnapshotApril 23, 2024 | finance.yahoo.comSandy Spring Bancorp Inc. Reports First Quarter Earnings: A Detailed AnalysisApril 23, 2024 | globenewswire.comSandy Spring Bancorp Reports First Quarter Earnings of $20.4 MillionApril 22, 2024 | markets.businessinsider.comSandy Spring Bancorp is about to announce earnings — here's what Wall Street expectsApril 19, 2024 | americanbankingnews.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Given Consensus Rating of "Hold" by AnalystsApril 16, 2024 | americanbankingnews.comSandy Spring Bancorp (SASR) to Release Earnings on TuesdayApril 3, 2024 | au.finance.yahoo.comThese Vintage Photos of Bruce Springsteen and Wife Patti Scialfa Will Leave You with a Hungry HeartApril 2, 2024 | globenewswire.comSandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 23, 2024March 16, 2024 | forbes.comSandy Spring BankMarch 11, 2024 | globenewswire.comSandy Spring Bank Senior Vice President Elected President of Mortgage Trade AssociationMarch 6, 2024 | finance.yahoo.comInvestors in Sandy Spring Bancorp (NASDAQ:SASR) have unfortunately lost 38% over the last three yearsMarch 6, 2024 | globenewswire.comSandy Spring Bank Donates $50,000 to Local Food Banks to Support Access to Nutritious FoodMarch 2, 2024 | msn.comJanney Montgomery Scott Initiates Coverage of Sandy Spring Bancorp (SASR) with Neutral RecommendationFebruary 29, 2024 | health.usnews.comSenior Living Communities Near Ashton-Sandy Spring, MDFebruary 29, 2024 | health.usnews.comAssisted Living Communities Near Ashton-Sandy Spring, MDFebruary 24, 2024 | msn.comSandy Spring Bancorp (SASR) Price Target Increased by 8.16% to 27.03See More Headlines 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 Company Calendar Ex-Dividend for 2/21 Dividend2/13/2024Dividend Payable2/21/2024Last Earnings4/23/2024Today4/26/2024Ex-Dividend for 5/15 Dividend5/07/2024Dividend Payable5/15/2024Next Earnings (Estimated)7/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:SASR CUSIP80036310 CIK824410 Webwww.sandyspringbank.com Phone(301) 774-6400Fax301-774-8434Employees1,112Year Founded1868Price Target and Rating Average Stock Price Target$23.50 High Stock Price Target$25.00 Low Stock Price Target$22.00 Potential Upside/Downside+9.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.04 Trailing P/E Ratio10.51 Forward P/E Ratio10.36 P/E GrowthN/ANet Income$122.84 million Net Margins12.74% Pretax Margin23.30% Return on Equity6.69% Return on Assets0.74% Debt Debt-to-Equity Ratio0.77 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$704.60 million Price / Sales1.37 Cash Flow$3.47 per share Price / Cash Flow6.18 Book Value$35.37 per share Price / Book0.61Miscellaneous Outstanding Shares45,000,000Free Float43,556,000Market Cap$965.25 million OptionableOptionable Beta0.94 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Daniel J. Schrider (Age 60)Chairman, President & CEO Comp: $1.65MMr. Philip J. Mantua CPA (Age 66)Executive VP & CFO Comp: $798.25kMr. Ramiro Louis Caceres (Age 61)Executive VP & Chief Wealth Officer Comp: $841.2kMr. Joseph J. O'Brien Jr. (Age 60)Executive VP & Chief Banking Officer of Sandy Spring Bank Comp: $1.04MMs. Ronda M. McDowell (Age 59)Executive VP & COO of Sandy Spring Bank Mr. Aaron Michael Kaslow (Age 59)Chief Administrative Officer, Executive VP & General Counsel Comp: $488.31kMr. Gary John Fernandes (Age 55)Executive VP & Chief Human Resources Officer Mr. John D. Sadowski (Age 61)Chief Information Officer & EVP - Sandy Spring Bank Mr. Kevin Slane (Age 64)Executive VP & Chief Risk Officer of Sandy Spring Bank Comp: $608.05kMs. Lynne PulfordExecutive VP of the Consumer Banking GroupMore ExecutivesKey CompetitorsWestamerica BancorporationNASDAQ:WABCNational BankNYSE:NBHCHope BancorpNASDAQ:HOPEFirst Commonwealth FinancialNYSE:FCFHanmi FinancialNASDAQ:HAFCView All CompetitorsInsiders & InstitutionsGrace & White Inc. NYSold 900 shares on 4/25/2024Ownership: 0.182%Denali Advisors LLCSold 9,256 shares on 4/19/2024Ownership: 0.297%SteelPeak Wealth LLCBought 1,836 shares on 4/18/2024Ownership: 0.022%Hennion & Walsh Asset Management Inc.Bought 2,464 shares on 4/17/2024Ownership: 0.034%Atlantic Union Bankshares CorpBought 9,507 shares on 4/16/2024Ownership: 0.021%View All Insider TransactionsView All Institutional Transactions SASR Stock Analysis - Frequently Asked Questions Should I buy or sell Sandy Spring Bancorp stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street 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 target for 2024? 4 equities research analysts have issued 12-month price targets for Sandy Spring Bancorp's shares. Their SASR share price targets range from $22.00 to $25.00. On average, they expect the company's share price to reach $23.50 in the next year. This suggests a possible upside of 8.8% 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 2024? Sandy Spring Bancorp's stock was trading at $27.24 at the beginning of the year. Since then, SASR stock has decreased by 20.7% and is now trading at $21.59. View the best growth stocks for 2024 here. Are investors shorting Sandy Spring Bancorp? Sandy Spring Bancorp saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 574,200 shares, a decline of 28.8% from the March 15th total of 806,000 shares. Based on an average daily volume of 302,900 shares, the short-interest ratio is presently 1.9 days. Currently, 1.3% of the shares of the stock are sold short. View Sandy Spring Bancorp's Short Interest. When is Sandy Spring Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024. View our SASR earnings forecast. How were Sandy Spring Bancorp's earnings last quarter? Sandy Spring Bancorp, Inc. (NASDAQ:SASR) issued its quarterly earnings data on Tuesday, April, 23rd. The bank reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.03. The bank earned $184.38 million during the quarter, compared to analyst estimates of $97.45 million. Sandy Spring Bancorp had a net margin of 12.74% and a trailing twelve-month return on equity of 6.69%. During the same period in the previous year, the business posted $1.16 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, April 25th. Investors of record on Wednesday, May 8th will be given a dividend of $0.34 per share on Wednesday, May 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.30%. The ex-dividend date of this dividend is Tuesday, May 7th. Read our dividend analysis for SASR. 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 6.33%. SASR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SASR will have a dividend payout ratio of 48.40% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SASR. What ETF holds Sandy Spring Bancorp's stock? SPDR SSGA US Small Cap Low Volatility Index ETF holds 62,671 shares of SASR stock, representing 0.73% of its portfolio. 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). Who are Sandy Spring Bancorp's major shareholders? Sandy Spring Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (0.39%), Denali Advisors LLC (0.30%), Grace & White Inc. NY (0.18%), Hennion & Walsh Asset Management Inc. (0.03%), SteelPeak Wealth LLC (0.02%) and Atlantic Union Bankshares Corp (0.02%). Insiders that own company stock include Craig A Ruppert 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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