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

$33.85
-0.20 (-0.59 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$33.63
Now: $33.85
$33.96
50-Day Range
$32.79
MA: $34.06
$36.20
52-Week Range
$29.83
Now: $33.85
$37.94
Volume104,474 shs
Average Volume219,451 shs
Market Capitalization$1.21 billion
P/E Ratio11.84
Dividend Yield3.52%
Beta0.84
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$3.21 per share
Book Value$30.06 per share

Profitability

Net Income$100.86 million

Miscellaneous

Employees910
Market Cap$1.21 billion
Next Earnings Date1/16/2020 (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 paid a dividend of $0.30 per share on Wednesday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend 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) released its quarterly earnings results on Thursday, October, 17th. The bank reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.02. The bank had revenue of $85.36 million for the quarter, compared to analyst estimates of $84.70 million. Sandy Spring Bancorp had a net margin of 27.41% and a return on equity of 10.22%. During the same period last year, the firm earned $0.79 earnings per share. 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, January 16th 2020. View Earnings Estimates for Sandy Spring Bancorp.

What price target have analysts set for SASR?

5 analysts have issued 12-month price targets for Sandy Spring Bancorp's stock. Their predictions range from $35.00 to $44.00. On average, they anticipate Sandy Spring Bancorp's stock price to reach $38.56 in the next twelve months. This suggests a possible upside of 13.9% 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 1 hold rating and 4 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?

News headlines about SASR stock have been trending somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sandy Spring Bancorp earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Sandy Spring Bancorp.

Are investors shorting Sandy Spring Bancorp?

Sandy Spring Bancorp saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 853,500 shares, an increase of 60.2% from the August 30th total of 532,900 shares. Based on an average daily trading volume, of 143,800 shares, the short-interest ratio is presently 5.9 days. Currently, 2.5% of the shares of the company are short sold. View Sandy Spring Bancorp's Current Options Chain.

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 retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.63%), Cox Capital Mgt LLC (0.12%), Envestnet Asset Management Inc. (0.06%) and Meeder Asset Management Inc. (0.05%). 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 institutional investors are buying Sandy Spring Bancorp stock?

SASR stock was purchased by a variety of institutional investors in the last quarter, including Cox Capital Mgt LLC, Meeder Asset Management Inc., 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 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 $33.85.

How big of a company is Sandy Spring Bancorp?

Sandy Spring Bancorp has a market capitalization of $1.21 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:  225 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  489
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 10/19/2019 by MarketBeat.com Staff

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