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

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

Sandy Spring Bancorp declared a quarterly dividend on Friday, April 26th. Stockholders of record on Wednesday, May 8th will be given a dividend of $0.30 per share on Wednesday, May 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Tuesday, May 7th. This is a positive change from Sandy Spring Bancorp's previous quarterly dividend of $0.28. View Sandy Spring Bancorp's Dividend History.

Sandy Spring Bancorp Inc. (NASDAQ:SASR) released its earnings results on Thursday, April, 18th. The bank reported $0.85 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.75 by $0.10. The bank had revenue of $84.96 million for the quarter, compared to analysts' expectations of $79.97 million. Sandy Spring Bancorp had a net margin of 27.54% and a return on equity of 9.99%. Sandy Spring Bancorp's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.79 EPS. View Sandy Spring Bancorp's Earnings History.

Sandy Spring Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, July 18th 2019. View Earnings Estimates for Sandy Spring Bancorp.

5 analysts have issued 1 year price targets for Sandy Spring Bancorp's stock. Their predictions range from $35.00 to $44.00. On average, they anticipate Sandy Spring Bancorp's share price to reach $37.75 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for Sandy Spring Bancorp.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sandy Spring Bancorp.

News articles about SASR stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sandy Spring Bancorp earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

Some companies that are related to Sandy Spring Bancorp include Webster Financial (WBS), PacWest Bancorp (PACW), First Horizon National (FHN), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), F.N.B. (FNB), MB Financial (MBFI), Valley National Bancorp (VLY), Community Bank System (CBU), TCF Financial (TCF), UMB Financial (UMBF), Centerstate Bank (CSFL), Old National Bancorp (ONB), Fulton Financial (FULT) and Cadence Bancorp (CADE).

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), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), Ford Motor (F) and Navios Maritime Midstream Partners (NAP).

Sandy Spring Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.28%), Dimensional Fund Advisors LP (7.27%), Renaissance Technologies LLC (3.01%), Banc Funds Co. LLC (2.37%), Goldman Sachs Group Inc. (2.17%) and Systematic Financial Management LP (1.91%). 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 Dalton Greiner Hartman Maher & Co., Morgan Stanley, Kennedy Capital Management Inc., BlueMountain Capital Management LLC, Wedge Capital Management L L P NC, Wells Fargo & Company MN, AQR Capital Management LLC and Clover Partners L.P.. Company insiders that have sold Sandy Spring Bancorp company stock in the last year include Joseph S Bracewell, Mark C Michael, Ronda M Mcdowell and Shaza L Andersen. View Insider Buying and Selling for Sandy Spring Bancorp.

SASR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., William Blair Investment Management LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, EJF Capital LLC and Geode Capital Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of SASR stock can currently be purchased for approximately $34.23.

Sandy Spring Bancorp has a market capitalization of $1.22 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.

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]