About Sandy Spring Bancorp (NASDAQ:SASR)
Sandy Spring Bancorp, Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three segments: Community Banking, Insurance and Investment Management. The Company's Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment operates through Sandy Spring Insurance Corporation, a subsidiary of the Bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment operates through West Financial Services, Inc., a subsidiary of the Bank, which provides investment management and financial planning services. As of December 31, 2016, the Bank conducted commercial banking business through 44 community offices and six financial centers located in Central Maryland, Northern Virginia and Washington D.C.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:SASR
- CUSIP: 80036310
- Web: www.sandyspringbank.com
Capitalization:- Market Cap: $1.02 billion
- Outstanding Shares: 23,987,000
Average Prices:- 50 Day Moving Avg: $39.99
- 200 Day Moving Avg: $40.21
- 52 Week Range: $29.48 - $45.64
P/E:- Trailing P/E Ratio: 18.23
- Foreward P/E Ratio: 14.99
- P/E Growth: 2.13
Sales & Book Value:- Annual Revenue: $206.34 million
- Price / Sales: 4.97
- Book Value: $23.13 per share
- Price / Book: 1.85
Dividend:- Annual Dividend: $1.04
- Dividend Yield: 2.5%
Profitability:- Net Margins: 24.33%
- Return on Equity: 10.44%
- Return on Assets: 1.11%
Debt:- Debt-to-Equity Ratio: 1.21%
- Current Ratio: 1.03%
- Quick Ratio: 1.03%
Misc:- Average Volume: 69,777 shs.
- Beta: 1.02
- Short Ratio: 10.86
Frequently Asked Questions for Sandy Spring Bancorp (NASDAQ:SASR)
What is Sandy Spring Bancorp's stock symbol?
Sandy Spring Bancorp trades on the NASDAQ under the ticker symbol "SASR."
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 Thursday, July 27th. Investors of record on Wednesday, August 9th will be given a dividend of $0.26 per share on Wednesday, August 16th. This represents a $1.04 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Monday, August 7th. View Sandy Spring Bancorp's Dividend History.
How were Sandy Spring Bancorp's earnings last quarter?
Sandy Spring Bancorp, Inc. (NASDAQ:SASR) posted its quarterly earnings data on Thursday, July, 20th. The company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The firm earned $55.90 million during the quarter, compared to the consensus estimate of $55.53 million. Sandy Spring Bancorp had a net margin of 24.33% and a return on equity of 10.44%. During the same quarter in the prior year, the business earned $0.44 earnings per share. View Sandy Spring Bancorp's Earnings History.
When will Sandy Spring Bancorp make its next earnings announcement?
Where is Sandy Spring Bancorp's stock going? Where will Sandy Spring Bancorp's stock price be in 2017?
1 brokers have issued 12-month target prices for Sandy Spring Bancorp's shares. Their forecasts range from $40.00 to $40.00. On average, they expect Sandy Spring Bancorp's share price to reach $40.00 in the next year. View Analyst Ratings for Sandy Spring Bancorp.
Who are some of Sandy Spring Bancorp's key competitors?
Some companies that are related to Sandy Spring Bancorp include Banner Corporation (BANR), Flagstar Bancorp (FBC), Capitol Federal Financial (CFFN), Cadence Bancorp (CADE), Simmons First National Corporation (SFNC), BancFirst Corporation (BANF), WesBanco (WSBC), Ameris Bancorp (ABCB), LegacyTexas Financial Group (LTXB), Northwest Bancshares (NWBI), BofI Holding (BOFI), Park National (PRK), First Financial Bancorp (FFBC), NBT Bancorp (NBTB), CenterState Banks (CSFL), Union Bankshares Corporation (UBSH), Westamerica Bancorporation (WABC) and First Busey Corporation (BUSE).
Who are Sandy Spring Bancorp's key executives?
Sandy Spring Bancorp's management team includes the folowing people:
- Robert L. Orndorff Jr., Independent Chairman of the Board
- Daniel J. Schrider, President, Chief Executive Officer, Director of the Company and the Bank
- Philip J. Mantua CPA, Chief Financial Officer, Executive Vice President of the Company and the Bank
- Ronald E. Kuykendall, Executive Vice President, General Counsel, Secretary of the Company and the Bank
- R. Louis Caceres, Executive Vice President of the Bank
- Ronda M. McDowell, Executive Vice President, Chief Credit Officer of the Bank
- Joseph J. O'Brien Jr., Executive Vice President - Commercial and Retail Banking of the Bank
- John D. Sadowski, Executive Vice President, Chief Information Officer of the Bank
- Mona Abutaleb, Independent Director
- Ralph F. Boyd Jr., Independent Director
How do I buy Sandy Spring Bancorp stock?
Shares of Sandy Spring Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Sandy Spring Bancorp's stock price today?
One share of Sandy Spring Bancorp stock can currently be purchased for approximately $42.71.
MarketBeat Community Rating for Sandy Spring Bancorp (NASDAQ SASR)MarketBeat's community ratings are surveys of what our community members think about Sandy Spring Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Sandy Spring Bancorp (NASDAQ:SASR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $40.00 (6.35% downside) |
Consensus Price Target History for Sandy Spring Bancorp (NASDAQ:SASR)
Analysts' Ratings History for Sandy Spring Bancorp (NASDAQ:SASR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/21/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Hold | $40.00 | Low |  |
| 1/27/2016 | SunTrust Banks, Inc. | Lower Price Target | Neutral | $28.00 -> $27.00 | N/A | |
(Data available from 10/16/2015 forward)
Earnings History for Sandy Spring Bancorp (NASDAQ:SASR)Earnings History by Quarter for Sandy Spring Bancorp (NASDAQ SASR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/18/2017 | | $0.63 | | | | | N/A | |
| 7/20/2017 | Q2 2017 | $0.58 | $0.61 | $55.53 million | $55.90 million | View | N/A | |
| 4/20/2017 | Q1 2017 | $0.54 | $0.63 | $53.46 million | $52.89 million | View | N/A | |
| 1/19/2017 | Q416 | $0.50 | $0.55 | $51.35 million | $51.30 million | View | N/A | |
| 10/20/2016 | Q316 | $0.49 | $0.56 | $52.19 million | $50.32 million | View | Listen | |
| 7/21/2016 | Q216 | $0.45 | $0.44 | $48.94 million | $49.48 million | View | Listen | |
| 4/21/2016 | Q116 | $0.45 | $0.45 | $49.61 million | $49.49 million | View | Listen | |
| 1/21/2016 | Q415 | $0.45 | $0.52 | $49.02 million | $48.02 million | View | Listen | |
| 10/22/2015 | Q315 | $0.46 | $0.45 | $48.78 million | $47.51 million | View | Listen | |
| 7/16/2015 | Q215 | $0.44 | $0.42 | $47.62 million | $46.04 million | View | Listen | |
| 4/16/2015 | Q115 | $0.41 | $0.45 | $46.07 million | $46.53 million | View | N/A | |
| 1/22/2015 | Q414 | $0.43 | $0.36 | $46.56 million | $44.57 million | View | N/A | |
| 10/16/2014 | Q314 | $0.44 | $0.44 | $45.97 million | $45.01 million | View | Listen | |
| 7/17/2014 | Q214 | $0.39 | $0.28 | $44.73 million | $44.00 million | View | N/A | |
| 4/17/2014 | Q114 | $0.39 | $0.43 | $44.47 million | $42.84 million | View | N/A | |
| 1/22/2014 | Q413 | $0.42 | $0.38 | $32.79 million | | View | N/A | |
| 10/17/2013 | Q313 | $0.42 | $0.48 | $32.70 million | | View | N/A | |
| 7/18/2013 | Q2 2013 | $0.39 | $0.49 | $32.40 million | | View | N/A | |
| 4/18/2013 | Q1 2013 | $0.37 | $0.42 | $31.34 million | | View | N/A | |
| 1/24/2013 | Q4 2012 | $0.40 | $0.40 | $32.29 million | | View | N/A | |
| 10/18/2012 | | $0.36 | $0.44 | | | View | N/A | |
| 7/19/2012 | | $0.32 | $0.30 | | | View | N/A | |
| 4/19/2012 | | $0.33 | $0.35 | | | View | N/A | |
| 1/26/2012 | | $0.34 | $0.30 | | | View | N/A | |
| 10/20/2011 | | $0.34 | $0.47 | | | View | N/A | |
| 7/21/2011 | | $0.33 | $0.34 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Sandy Spring Bancorp (NASDAQ:SASR)2017 EPS Consensus Estimate: $2.19
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.47 | $0.53 | $0.50 |
| Q2 2017 | 2 | $0.48 | $0.58 | $0.53 |
| Q3 2017 | 2 | $0.53 | $0.62 | $0.58 |
| Q4 2017 | 2 | $0.53 | $0.63 | $0.58 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Sandy Spring Bancorp (NASDAQ:SASR)| Most Recent Dividend: | 8/16/2017 |
| Annual Dividend: | $1.04 |
| Dividend Yield: | 2.44% |
| Payout Ratio: | 44.26% (Trailing 12 Months of Earnings)
41.43% (Based on This Year's Estimates)
36.49% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Sandy Spring Bancorp (NASDAQ SASR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/27/2017 | quarterly | $0.26 | 2.6% | 8/7/2017 | 8/9/2017 | 8/16/2017 |
| 4/27/2017 | quarterly | $0.26 | 2.36% | 5/8/2017 | 5/10/2017 | 5/17/2017 |
| 1/26/2017 | quarterly | $0.26 | 2.52% | 2/7/2017 | 2/9/2017 | 2/15/2017 |
| 10/27/2016 | quarterly | $0.26 | 3.31% | 11/7/2016 | 11/9/2016 | 11/16/2016 |
| 7/29/2016 | quarterly | $0.24 | 3.22% | 8/8/2016 | 8/10/2016 | 8/17/2016 |
| 4/29/2016 | quarterly | $0.24 | 3.36% | 5/9/2016 | 5/11/2016 | 5/18/2016 |
| 1/29/2016 | quarterly | $0.24 | 3.61% | 2/8/2016 | 2/10/2016 | 2/17/2016 |
| 10/30/2015 | quarterly | $0.24 | 3.49% | 11/6/2015 | 11/11/2015 | 11/18/2015 |
| 7/30/2015 | quarterly | $0.22 | 3.23% | 8/10/2015 | 8/12/2015 | 8/19/2015 |
| 5/1/2015 | quarterly | $0.22 | 3.38% | 5/11/2015 | 5/13/2015 | 5/20/2015 |
| 1/30/2015 | quarterly | $0.22 | 3.56% | 2/9/2015 | 2/11/2015 | 2/18/2015 |
| 10/30/2014 | quarterly | $0.20 | 3.1% | 11/10/2014 | 11/12/2014 | 11/19/2014 |
| 7/31/2014 | quarterly | $0.20 | 3.44% | 8/11/2014 | 8/13/2014 | 8/20/2014 |
| 5/1/2014 | quarterly | $0.18 | 3.05% | 5/12/2014 | 5/14/2014 | 5/21/2014 |
| 1/30/2014 | quarterly | $0.18 | 2.88% | 2/10/2014 | 2/12/2014 | 2/19/2014 |
| 10/31/2013 | quarterly | $0.18 | 2.94% | 11/8/2013 | 11/13/2013 | 11/20/2013 |
| 8/1/2013 | quarterly | $0.16 | 2.58% | 8/12/2013 | 8/14/2013 | 8/21/2013 |
| 4/25/2013 | quarterly | $0.16 | 3.17% | 5/6/2013 | 5/8/2013 | 5/15/2013 |
| 1/31/2013 | quarterly | $0.14 | 2.77% | 2/11/2013 | 2/13/2013 | 2/20/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Sandy Spring Bancorp (NASDAQ:SASR)Insider Ownership Percentage: 2.60%
Institutional Ownership Percentage: 67.60%
Insider Trades by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/8/2016 | R Louis Caceres | Insider | Sell | 14,200 | $31.62 | $449,004.00 | |
| 5/31/2016 | James J Maiwurm | Director | Buy | 258 | $29.04 | $7,492.32 | |
| 5/14/2015 | Ronda M Mcdowell | EVP | Sell | 1,781 | $26.21 | $46,680.01 | |
| 8/1/2014 | Mark E Friis | Director | Buy | 2,500 | $23.17 | $57,925.00 | |
| 11/12/2012 | Mei Xu | Director | Buy | 1,000 | $17.86 | $17,860.00 | |
| 11/1/2012 | Robert E Jr. Henel | Director | Buy | 1,440 | $19.15 | $27,576.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Sandy Spring Bancorp (NASDAQ:SASR)
Latest Headlines for Sandy Spring Bancorp (NASDAQ:SASR)
| Source: |
|
| Date | Headline |
|---|
 | What Is Sandy Spring Bancorp Inc’s (SASR) Share Price Doing?
finance.yahoo.com - October 14 at 7:37 AM |
 | $58.34 Million in Sales Expected for Sandy Spring Bancorp, Inc. (SASR) This Quarter
www.americanbankingnews.com - October 12 at 5:30 AM |
| Sandy Spring Bancorp, Inc. (SASR) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - October 11 at 1:56 AM |
| Analysts Anticipate Sandy Spring Bancorp, Inc. (SASR) Will Post Earnings of $0.64 Per Share
www.americanbankingnews.com - October 10 at 2:12 PM |
| ETFs with exposure to Sandy Spring Bancorp, Inc. : October 4, 2017
finance.yahoo.com - October 6 at 8:42 AM |
 | Sandy Spring Bancorp, Inc. to Webcast Third Quarter Earnings Conference Call on October 19, 2017
feeds.benzinga.com - October 5 at 7:53 AM |
| Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : September 19, 2017
finance.yahoo.com - September 20 at 8:46 AM |
| ETFs with exposure to Sandy Spring Bancorp, Inc. : September 14, 2017
finance.yahoo.com - September 14 at 9:42 AM |
| Sandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017
finance.yahoo.com - September 13 at 8:43 AM |
| Sandy Spring Bancorp, Inc. : SASR-US: Dividend Analysis : August 09th, 2017 (record date) : By the numbers : September 11, 2017
finance.yahoo.com - September 12 at 9:26 AM |
| Does Sandy Spring Bancorp Inc’s (SASR) PE Ratio Warrant A Buy?
finance.yahoo.com - September 9 at 8:12 AM |
| Sandy Spring Bancorp, Inc. (SASR) Expected to Announce Quarterly Sales of $58.34 Million
www.americanbankingnews.com - September 5 at 11:08 AM |
 | 4 Reasons Why Sandy Spring Bancorp (SASR) is a Solid Pick
www.zacks.com - August 30 at 8:53 AM |
| Top Ranked Income Stocks to Buy for August 24th
www.zacks.com - August 24 at 12:30 PM |
 | How To Play The Sandy Spring - Washington First Merger
seekingalpha.com - August 24 at 12:30 PM |
| Bank Stocks to Outdo Broader Markets This Year: 5 Picks
finance.yahoo.com - August 17 at 4:23 PM |
| Brokerages Expect Sandy Spring Bancorp, Inc. (SASR) Will Announce Quarterly Sales of $58.34 Million
www.americanbankingnews.com - August 17 at 1:48 AM |
| See what the IHS Markit Score report has to say about Sandy Spring Bancorp Inc.
finance.yahoo.com - August 10 at 7:38 AM |
| Lloyds Banking Group PLC (LYG) & Sandy Spring Bancorp (NASDAQ:SASR) Head to Head Survey
www.americanbankingnews.com - August 6 at 12:30 AM |
| Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : July 31, 2017
finance.yahoo.com - August 1 at 6:13 AM |
| Brokerages Anticipate Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Will Announce Quarterly Sales of $58.34 Million
www.americanbankingnews.com - July 30 at 7:31 AM |
| Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Expected to Post Earnings of $0.64 Per Share
www.americanbankingnews.com - July 28 at 4:09 PM |
| Sandy Spring Bancorp, Inc. to Issue Quarterly Dividend of $0.26 (SASR)
www.americanbankingnews.com - July 27 at 4:27 PM |
| Edited Transcript of SASR earnings conference call or presentation 20-Jul-17 6:00pm GMT
finance.yahoo.com - July 27 at 7:09 AM |
| Sandy Spring Bancorp, Inc. Forecasted to Post FY2017 Earnings of $2.50 Per Share (NASDAQ:SASR)
www.americanbankingnews.com - July 24 at 8:19 AM |
| Sandy Spring Bancorp's (SASR) CEO Daniel Schrider on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 22 at 8:28 AM |
| Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : July 21, 2017
finance.yahoo.com - July 22 at 8:28 AM |
| WashingtonFirst boosts profits ahead of purchase by Sandy Spring Bank
finance.yahoo.com - July 22 at 8:28 AM |
| Investor Network: Sandy Spring Bancorp, Inc. to Host Earnings Call
finance.yahoo.com - July 21 at 6:50 AM |
| Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Announces Quarterly Earnings Results
www.americanbankingnews.com - July 20 at 9:53 AM |
| Sandy Spring Bancorp beats by $0.03, misses on net interest income
seekingalpha.com - July 20 at 7:27 AM |
| Sandy Spring Bancorp Reports Net Income of $14.7 Million for the Second Quarter
finance.yahoo.com - July 20 at 7:27 AM |
| Sandy Spring Bancorp posts 2Q profit
finance.yahoo.com - July 20 at 7:27 AM |
| Sandy Spring Bancorp Inc. (SASR) to Release Earnings on Thursday
www.americanbankingnews.com - July 13 at 10:26 PM |
| Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : July 10, 2017
finance.yahoo.com - July 11 at 7:26 AM |
| Sandy Spring Bancorp, Inc. (SASR) Expected to Announce Quarterly Sales of $55.53 Million
www.americanbankingnews.com - July 6 at 11:42 AM |
| Sandy Spring Bancorp, Inc. to Webcast Second Quarter Earnings Conference Call on July 20, 2017
feeds.benzinga.com - July 6 at 7:38 AM |
| Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Expected to Announce Earnings of $0.58 Per Share
www.americanbankingnews.com - July 4 at 12:38 PM |
| Sandy Spring Bancorp, Inc. – Value Analysis (NASDAQ:SASR) : July 3, 2017
finance.yahoo.com - July 4 at 7:06 AM |
| Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : June 30, 2017
finance.yahoo.com - July 1 at 7:16 AM |
 | Sandy Spring Bank buying WashingtonFirst for $489M
www.bizjournals.com - May 16 at 7:36 PM |
 | Sandy Spring Bancorp (SASR) Announces Acquisition of WashingtonFirst Bankshares (WFBI)
www.streetinsider.com - May 16 at 9:26 AM |
| Sandy Spring Bancorp's (SASR) CEO Daniel Schrider on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 20 at 7:45 PM |
 | Sandy Spring Bancorp posts 1Q profit
marketbeat.com - April 20 at 7:53 AM |
| Sandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 20, 2017
feeds.benzinga.com - April 6 at 8:31 AM |
| SANDY SPRING BANCORP INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 3 at 7:44 PM |
| Sandy Spring Bancorp Declares Quarterly Dividend
feeds.benzinga.com - January 26 at 7:46 AM |
 | 7:03 am Sandy Spring Banc beats by $0.06, reports revs in-line
us.rd.yahoo.com - January 20 at 6:37 AM |
| Q4 2016 Sandy Spring Bancorp Inc Earnings Release - Before Market Open
us.rd.yahoo.com - January 20 at 6:37 AM |
| Sandy Spring Bancorp posts 4Q profit
us.rd.yahoo.com - January 20 at 6:37 AM |
Sandy Spring Bancorp (SASR) Chart for Monday, October, 16, 2017
