NASDAQ:SASRSandy Spring Bancorp Stock Price, Forecast & News

Sandy Spring Bancorp's stock was trading at $25.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SASR stock has decreased by 11.6% and is now trading at $22.47. View which stocks have been most impacted by Coronavirus.

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.

Sandy Spring Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Sandy Spring Bancorp.

Sandy Spring Bancorp will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Sandy Spring Bancorp Inc. (NASDAQ:SASR) announced its quarterly earnings results on Thursday, April, 23rd. The bank reported $0.28 EPS for the quarter, missing the Zacks' consensus estimate of $0.65 by $0.37. The bank had revenue of $82.50 million for the quarter, compared to the consensus estimate of $86.20 million. Sandy Spring Bancorp had a return on equity of 8.59% and a net margin of 23.10%. View Sandy Spring Bancorp's earnings history.

Sandy Spring Bancorp declared a quarterly dividend on Friday, May 1st. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.30 per share on Wednesday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 5.34%. The ex-dividend date of this dividend is Tuesday, May 12th. View Sandy Spring Bancorp's dividend history.

4 Wall Street analysts have issued 12 month price objectives for Sandy Spring Bancorp's stock. Their forecasts range from $29.00 to $38.00. On average, they expect Sandy Spring Bancorp's stock price to reach $33.00 in the next year. This suggests a possible upside of 46.9% from the stock's current price. View analysts' price targets for Sandy Spring Bancorp.

Media stories about SASR stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring 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 five, with scores nearest to five being the most favorable. Sandy Spring Bancorp earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Sandy Spring Bancorp.

Some companies that are related to Sandy Spring Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

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), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), Gilead Sciences (GILD), IBM (IBM), Steel Dynamics (STLD), Verizon Communications (VZ) and AbbVie (ABBV).

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

Sandy Spring Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.20%) and Envestnet Asset Management Inc. (0.05%). Company insiders that own Sandy Spring Bancorp stock include Aaron Michael Kaslow, James J Maiwurm, Joe Reeder, Mark C Michael, Mark C Micklem, Mark E Friis, Pamela A Little and Ronda M Mcdowell. View institutional ownership trends for Sandy Spring Bancorp.

SASR stock was bought by a variety of institutional investors in the last quarter, including 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 Aaron Michael Kaslow, James J Maiwurm, Joe Reeder, Mark C Michael, Mark C Micklem, Mark E Friis, and Pamela A Little. View insider buying and selling activity 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 $22.47.

Sandy Spring Bancorp has a market capitalization of $1.06 billion and generates $419.19 million in revenue each year. The bank earns $116.43 million in net income (profit) each year or $3.28 on an earnings per share basis. Sandy Spring Bancorp employs 910 workers across the globe.

The official website for Sandy Spring Bancorp is 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]