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 given a dividend of $0.30 per share on Wednesday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 3.61%. 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 results on Thursday, July, 18th. The bank reported $0.79 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.79. The bank earned $82.74 million during the quarter, compared to analyst estimates of $82.39 million. Sandy Spring Bancorp had a net margin of 27.80% and a return on equity of 10.14%. Sandy Spring Bancorp's revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 EPS. View Sandy Spring Bancorp's Earnings History.

Sandy Spring Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, October 17th 2019. View Earnings Estimates for Sandy Spring Bancorp.

Sandy Spring Bancorp will be holding an earnings conference call on Thursday, October 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 Wall Street analysts have issued 1-year target prices for Sandy Spring Bancorp's shares. Their predictions range from $35.00 to $44.00. On average, they anticipate Sandy Spring Bancorp's stock price to reach $38.56 in the next twelve months. This suggests a possible upside of 16.1% 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 1 hold rating and 4 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 trended negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sandy Spring Bancorp earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Sandy Spring Bancorp.

Sandy Spring Bancorp saw a increase in short interest in 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 trading volume, of 143,800 shares, the short-interest ratio is currently 5.9 days. Approximately 2.5% of the shares of the stock are short sold. View Sandy Spring Bancorp's Current Options Chain.

Some companies that are related to Sandy Spring Bancorp include Pinnacle Financial Partners (PNFP), PacWest Bancorp (PACW), CIT Group (CIT), Webster Financial (WBS), Sterling Bancorp (STL), F.N.B. (FNB), Valley National Bancorp (VLY), Community Bank System (CBU), UMB Financial (UMBF), Centerstate Bank (CSFL), Washington Federal (WAFD), Old National Bancorp (ONB), TCF Financial (TCF), Fulton Financial (FULT) and First Financial Bancorp (FFBC).

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 Steel Dynamics (STLD).

Sandy Spring Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (1.63%) and Cox Capital Mgt LLC (0.12%). 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 acquired by a variety of institutional investors in the last quarter, including Cox Capital Mgt LLC and Dalton Greiner Hartman Maher & Co.. 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 $33.22.

Sandy Spring Bancorp has a market capitalization of $1.18 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]