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

$36.05
+0.09 (+0.25 %)
(As of 09/20/2019 10:34 AM ET)
Today's Range
$35.78
Now: $36.05
$36.05
50-Day Range
$32.72
MA: $34.32
$36.64
52-Week Range
$29.83
Now: $36.05
$40.56
Volume328 shs
Average Volume93,777 shs
Market Capitalization$1.28 billion
P/E Ratio12.60
Dividend Yield3.33%
Beta0.86
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 DC 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. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SASR
CUSIP80036310
Phone301-774-6400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$385.13 million
Cash Flow$3.2303 per share
Book Value$30.06 per share

Profitability

Net Income$100.86 million

Miscellaneous

Employees910
Market Cap$1.28 billion
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable

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Sandy Spring Bancorp (NASDAQ:SASR) Frequently Asked Questions

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 declared a quarterly dividend on Wednesday, July 31st. Stockholders of record on Wednesday, August 14th will be given a dividend of $0.30 per share on Wednesday, August 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Tuesday, August 13th. 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 results on Thursday, July, 18th. The bank reported $0.79 earnings per share for the quarter, meeting analysts' consensus estimates of $0.79. The bank earned $82.74 million during the quarter, compared to analyst estimates of $82.39 million. Sandy Spring Bancorp had a return on equity of 10.14% and a net margin of 27.80%. Sandy Spring Bancorp's quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $0.68 EPS. View Sandy Spring Bancorp's Earnings History.

When is Sandy Spring Bancorp's next earnings date?

Sandy Spring Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, October 17th 2019. View Earnings Estimates for Sandy Spring Bancorp.

What price target have analysts set for SASR?

5 analysts have issued twelve-month price objectives for Sandy Spring Bancorp's shares. Their predictions range from $35.00 to $44.00. On average, they expect Sandy Spring Bancorp's share price to reach $37.8125 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Sandy Spring Bancorp.

What is the consensus analysts' recommendation 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.

Has Sandy Spring Bancorp been receiving favorable news coverage?

Press coverage about SASR stock has trended negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sandy Spring Bancorp earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Sandy Spring Bancorp.

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

What other stocks do shareholders of Sandy Spring Bancorp own?

Who are Sandy Spring Bancorp's key executives?

Sandy Spring Bancorp's management team includes the folowing 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)

Who are Sandy Spring Bancorp's major shareholders?

Sandy Spring Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 Dalton Greiner Hartman Maher & Co. (1.60%). 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.

Which major investors are selling Sandy Spring Bancorp stock?

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.

Which major investors are buying Sandy Spring Bancorp stock?

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.

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 $36.05.

How big of a company is Sandy Spring Bancorp?

Sandy Spring Bancorp has a market capitalization of $1.28 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.

What is Sandy Spring Bancorp's official website?

The official website for Sandy Spring Bancorp is http://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]


MarketBeat Community Rating for Sandy Spring Bancorp (NASDAQ SASR)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  260 (Vote Underperform)
Total Votes:  479
MarketBeat's community ratings are surveys of what our community members think about Sandy Spring Bancorp and other stocks. Vote "Outperform" if you believe SASR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SASR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2019 by MarketBeat.com Staff

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