NASDAQ:SASR - Sandy Spring Bancorp Stock Price, News & Analysis

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

Sandy Spring Bancorp announced a quarterly dividend on Wednesday, July 31st. Shareholders of record on Wednesday, August 14th will be paid 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 3.55%. The ex-dividend date 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 Thomson Reuters' consensus estimate of $0.79. The bank had revenue of $82.74 million for the quarter, compared to analysts' expectations of $82.39 million. Sandy Spring Bancorp had a net margin of 27.80% and a return on equity of 10.14%. The business's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 earnings per share. 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.

5 Wall Street analysts have issued 1-year price targets for Sandy Spring Bancorp's shares. Their forecasts range from $35.00 to $44.00. On average, they expect Sandy Spring Bancorp's stock price to reach $37.8125 in the next twelve months. This suggests a possible upside of 11.8% 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sandy Spring Bancorp.

News headlines about SASR stock have trended negative on Saturday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. 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 coverage optimism score of -2.3 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Sandy Spring Bancorp.

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

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 Ford Motor (F).

Sandy Spring Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.65%), Vanguard Group Inc. (4.91%), Renaissance Technologies LLC (2.96%), Northern Trust Corp (1.91%), Systematic Financial Management LP (1.86%) and Investment Counselors of Maryland LLC (1.56%). 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 sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Dalton Greiner Hartman Maher & Co., Rothschild & Co. Asset Management US Inc., William Blair Investment Management LLC, Bronfman E.L. Rothschild L.P., Pinnacle Associates Ltd., First Trust Advisors LP and Morgan Stanley. View Insider Buying and Selling for Sandy Spring Bancorp.

SASR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Wells Fargo & Company MN, Prudential Financial Inc., Congress Asset Management Co. MA, Bank of Montreal Can, Algert Global LLC and WBI Investments Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of SASR stock can currently be purchased for approximately $33.82.

Sandy Spring Bancorp has a market capitalization of $1.20 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]