Sandy Spring Bancorp Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Sandy Spring Bancorp stock. 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.
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Sandy Spring Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Sandy Spring Bancorp.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) issued its quarterly earnings results on Wednesday, July, 21st. The bank reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.22 by $0.03. The bank had revenue of $135.16 million for the quarter, compared to analyst estimates of $134.82 million. Sandy Spring Bancorp had a net margin of 41.01% and a trailing twelve-month return on equity of 13.81%. The firm's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.10 EPS.
View Sandy Spring Bancorp's earnings history.

Sandy Spring Bancorp's stock was trading at $25.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SASR stock has increased by 72.4% and is now trading at $43.83.
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Sandy Spring Bancorp declared a quarterly dividend on Thursday, July 29th. Investors of record on Wednesday, August 11th will be paid a dividend of $0.32 per share on Wednesday, August 18th. This represents a $1.28 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend is Tuesday, August 10th.
View Sandy Spring Bancorp's dividend history.

Sandy Spring Bancorp pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.00%. The dividend payout ratio of Sandy Spring Bancorp is 34.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sandy Spring Bancorp will have a dividend payout ratio of 34.32% next year. This indicates that Sandy Spring Bancorp will be able to sustain or increase its dividend.
View Sandy Spring Bancorp's dividend history.

3 brokerages have issued 1-year price objectives for Sandy Spring Bancorp's shares. Their forecasts range from $41.00 to $41.00. On average, they expect Sandy Spring Bancorp's share price to reach $41.00 in the next year. This suggests that the stock has a possible downside of 6.5%.
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28 employees have rated Sandy Spring Bancorp CEO Daniel J. Schrider on Glassdoor.com. Daniel J. Schrider has an approval rating of 82% among Sandy Spring Bancorp's employees.

Some companies that are related to Sandy Spring Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and First Citizens BancShares (FCNCA).
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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).

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

Sandy Spring Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.59%), Price T Rowe Associates Inc. MD (6.04%), Vanguard Group Inc. (5.41%), Dimensional Fund Advisors LP (5.33%), State Street Corp (2.80%) and Macquarie Group Ltd. (2.46%). Company insiders that own Sandy Spring Bancorp stock include Aaron Michael Kaslow, Daniel J Schrider, James J Maiwurm, Kenneth C Cook, Mark C Michael, Mark C Micklem and Pamela A Little.
View institutional ownership trends for Sandy Spring Bancorp.

SASR stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Banc Funds Co. LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, JPMorgan Chase & Co., BlackRock Inc., Bank of America Corp DE, and California Public Employees Retirement System.
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SASR stock was acquired by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Price T Rowe Associates Inc. MD, State Street Corp, Systematic Financial Management LP, Geode Capital Management LLC, Congress Asset Management Co. MA, Morgan Stanley, and Morgan Stanley. Company insiders that have bought Sandy Spring Bancorp stock in the last two years include Aaron Michael Kaslow, Daniel J Schrider, James J Maiwurm, Mark C Michael, Mark C Micklem, and Pamela A Little.
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Shares of SASR 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.
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One share of SASR stock can currently be purchased for approximately $43.83.

Sandy Spring Bancorp has a market capitalization of $2.07 billion and generates $526.28 million in revenue each year. The bank earns $96.95 million in net income (profit) each year or $3.75 on an earnings per share basis.

Sandy Spring Bancorp employs 1,128 workers across the globe.

Sandy Spring Bancorp was founded in 1868.

The official website for Sandy Spring Bancorp is www.sandyspringbank.com.

Sandy Spring Bancorp is headquartered at 17801 GEORGIA AVE, OLNEY MD, 20832.

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].