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Sandy Spring Bancorp Stock Forecast, Price & News

-0.63 (-2.87 %)
(As of 09/23/2020 12:00 AM ET)
Today's Range
Now: $21.32
50-Day Range
MA: $24.15
52-Week Range
Now: $21.32
Volume188,766 shs
Average Volume235,219 shs
Market Capitalization$1.00 billion
P/E Ratio13.41
Dividend Yield5.47%
Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D.C. The company operates in three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment provides financial products and services, including various loan and deposit products to individuals and businesses. This segment accepts deposits, such as demand, money market savings, regular savings, and time deposits. Its loan products include residential real estate loans; commercial real estate loans, commercial construction loans, and other commercial loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities. The Investment Management segment provides comprehensive investment management and financial planning to individuals, families, small businesses, and associations, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning. The company also provides mortgage banking, equipment leasing, personal trust, and wealth management services. As of December 31, 2018, it operated 55 community offices and 6 financial centers. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.74 out of 5 stars

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
Current SymbolNASDAQ:SASR



Sales & Book Value

Annual Sales$419.19 million
Cash Flow$3.37 per share
Book Value$31.80 per share


Net Income$116.43 million


Market Cap$1.00 billion
Next Earnings Date10/15/2020 (Estimated)
-0.63 (-2.87 %)
(As of 09/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Sandy Spring Bancorp (NASDAQ:SASR) Frequently Asked Questions

How has Sandy Spring Bancorp's stock price been impacted by COVID-19?

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. Since then, SASR shares have decreased by 16.2% and is now trading at $21.32.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of 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

When is Sandy Spring Bancorp's next earnings date?

Sandy Spring Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020.
View our earnings forecast for Sandy Spring Bancorp

How were Sandy Spring Bancorp's earnings last quarter?

Sandy Spring Bancorp Inc. (NASDAQ:SASR) issued its earnings results on Thursday, July, 23rd. The bank reported ($0.31) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.73. The bank earned $124.44 million during the quarter, compared to analysts' expectations of $104.50 million. Sandy Spring Bancorp had a net margin of 11.88% and a return on equity of 6.35%.
View Sandy Spring Bancorp's earnings history

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 Friday, July 31st. Shareholders of record on Wednesday, August 12th will be paid a dividend of $0.30 per share on Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date of this dividend is Tuesday, August 11th.
View Sandy Spring Bancorp's dividend history

What price target have analysts set for SASR?

5 brokers have issued 12 month price objectives for Sandy Spring Bancorp's shares. 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 54.8% from the stock's current price.
View analysts' price targets for Sandy Spring Bancorp

Who are some of Sandy Spring Bancorp's key competitors?

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 LP Unit (ET), Pfizer (PFE), AT&T (T), Abbott Laboratories (ABT), Ford Motor (F), Gilead Sciences (GILD), IBM (IBM), Steel Dynamics (STLD) and AbbVie (ABBV).

Who are Sandy Spring Bancorp's key executives?

Sandy Spring Bancorp's management team includes the following people:
  • Mr. Daniel J. Schrider, Pres, CEO & Non-Independent Director (Age 55)
  • Mr. Philip J. Mantua, Exec. VP & CFO (Age 61)
  • Mr. Ramiro Louis Caceres, Exec. VP of Wealth Management, Insurance, Mortgage & Private Banking (Age 56)
  • Mr. Joseph J. O'Brien Jr., Exec. VP & Chief Banking Officer (Age 55)
  • Mr. Kevin Slane, Exec. VP & Chief Risk Officer (Age 59)

What is Sandy Spring Bancorp's stock symbol?

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

Who are Sandy Spring Bancorp's major shareholders?

Sandy Spring Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.28%), Macquarie Group Ltd. (1.67%), Banc Funds Co. LLC (1.38%), Goldman Sachs Group Inc. (1.20%), Dalton Greiner Hartman Maher & Co. (1.20%) and Chartwell Investment Partners LLC (1.00%). 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

Which major investors are selling Sandy Spring Bancorp stock?

SASR stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, First Trust Advisors LP, Evermay Wealth Management LLC, Two Sigma Advisers LP, US Bancorp DE, Lincoln National Corp, and LSV Asset Management.
View insider buying and selling activity for Sandy Spring Bancorp

Which major investors are buying Sandy Spring Bancorp stock?

SASR stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Macquarie Group Ltd., Charles Schwab Investment Management Inc., Sei Investments Co., Commonwealth Equity Services LLC, William Blair Investment Management LLC, Banc Funds Co. LLC, and Swiss National Bank. 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

How do I buy shares of 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.

What is Sandy Spring Bancorp's stock price today?

One share of SASR stock can currently be purchased for approximately $21.32.

How big of a company is Sandy Spring Bancorp?

Sandy Spring Bancorp has a market capitalization of $1.00 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.

What is Sandy Spring Bancorp's official website?

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

How can I contact Sandy Spring Bancorp?

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]

This page was last updated on 9/24/2020 by MarketBeat.com Staff

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