NASDAQ:SASR

Sandy Spring Bancorp Stock Forecast, Price & News

$43.83
+1.23 (+2.89 %)
(As of 09/17/2021 04:00 PM ET)
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Today's Range
$42.35
$43.90
50-Day Range
$40.01
$44.57
52-Week Range
$21.11
$48.22
Volume875,820 shs
Average Volume161,995 shs
Market Capitalization$2.07 billion
P/E Ratio8.94
Dividend Yield3.00%
Beta1.17
30 days | 90 days | 365 days | Advanced Chart
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Sandy Spring Bancorp logo

About Sandy Spring Bancorp

Sandy Spring Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking, retail banking, and trust services to individuals and businesses. It operates through the following segments: Community Banking, Insurance, and Investment Management. The Community Banking segment conducts its operations through Sandy Spring Bank and involves delivering financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment includes operations through Sandy Spring Insurance Corp, a subsidiary of the bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment conducts its operations through West Financial Services, Inc., a subsidiary of the Bank. The company was founded in 1868 and is headquartered in Olney, MD.

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MarketRank

Overall MarketRank

2.34 out of 5 stars

Finance Sector

336th out of 1,330 stocks

National Commercial Banks Industry

31st out of 109 stocks

Analyst Opinion: 1.2Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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Sandy Spring Bancorp (NASDAQ:SASR) Frequently Asked Questions

Is Sandy Spring Bancorp a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Sandy Spring Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SASR, but not buy additional shares or sell existing shares.
View analyst ratings for Sandy Spring Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than Sandy Spring Bancorp?

Wall Street analysts have given Sandy Spring Bancorp a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sandy Spring Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Sandy Spring Bancorp's next earnings date?

Sandy Spring Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
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 quarterly earnings results on Wednesday, July, 21st. The bank reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.22 by $0.03. The bank had revenue of $135.16 million for the quarter, compared to analyst estimates of $134.82 million. Sandy Spring Bancorp had a net margin of 41.01% and a trailing twelve-month return on equity of 13.81%. The firm's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.10 EPS.
View Sandy Spring Bancorp's earnings history
.

How has Sandy Spring Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Sandy Spring Bancorp's stock was trading at $25.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SASR stock has increased by 72.4% and is now trading at $43.83.
View which stocks have been most impacted by COVID-19
.

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 Thursday, July 29th. Investors of record on Wednesday, August 11th will be paid a dividend of $0.32 per share on Wednesday, August 18th. This represents a $1.28 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend is Tuesday, August 10th.
View Sandy Spring Bancorp's dividend history
.

Is Sandy Spring Bancorp a good dividend stock?

Sandy Spring Bancorp pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.00%. The dividend payout ratio of Sandy Spring Bancorp is 34.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sandy Spring Bancorp will have a dividend payout ratio of 34.32% next year. This indicates that Sandy Spring Bancorp will be able to sustain or increase its dividend.
View Sandy Spring Bancorp's dividend history.

What price target have analysts set for SASR?

3 brokerages have issued 1-year price objectives for Sandy Spring Bancorp's shares. Their forecasts range from $41.00 to $41.00. On average, they expect Sandy Spring Bancorp's share price to reach $41.00 in the next year. This suggests that the stock has a possible downside of 6.5%.
View analysts' price targets for Sandy Spring Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Sandy Spring Bancorp's key executives?

Sandy Spring Bancorp's management team includes the following people:
  • Daniel J. Schrider, Vice Chairman, President & Chief Executive Officer
  • Philip J. Mantua, Chief Financial Officer & Executive Vice President
  • John D. Sadowski, Chief Information Officer & Executive VP
  • Gary Fernandes, Chief Human Resources Officer & Executive VP
  • Aaron M. Kaslow, Secretary, Executive VP & General Counsel

What is Daniel J. Schrider's approval rating as Sandy Spring Bancorp's CEO?

28 employees have rated Sandy Spring Bancorp CEO Daniel J. Schrider on Glassdoor.com. Daniel J. Schrider has an approval rating of 82% among Sandy Spring Bancorp's employees.

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 (ET), Pfizer (PFE), AT&T (T), Ford Motor (F), International Business Machines (IBM), Steel Dynamics (STLD), AbbVie (ABBV), Abbott Laboratories (ABT) and Canadian Natural Resources (CNQ).

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.59%), Price T Rowe Associates Inc. MD (6.04%), Vanguard Group Inc. (5.41%), Dimensional Fund Advisors LP (5.33%), State Street Corp (2.80%) and Macquarie Group Ltd. (2.46%). Company insiders that own Sandy Spring Bancorp stock include Aaron Michael Kaslow, Daniel J Schrider, James J Maiwurm, Kenneth C Cook, Mark C Michael, Mark C Micklem and Pamela A Little.
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 William Blair Investment Management LLC, Banc Funds Co. LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, JPMorgan Chase & Co., BlackRock Inc., Bank of America Corp DE, and California Public Employees Retirement System.
View insider buying and selling activity for Sandy Spring Bancorp
or view top insider-selling stocks.

Which major investors are buying Sandy Spring Bancorp stock?

SASR stock was acquired by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Price T Rowe Associates Inc. MD, State Street Corp, Systematic Financial Management LP, Geode Capital Management LLC, Congress Asset Management Co. MA, Morgan Stanley, and Morgan Stanley. Company insiders that have bought Sandy Spring Bancorp stock in the last two years include Aaron Michael Kaslow, Daniel J Schrider, James J Maiwurm, Mark C Michael, Mark C Micklem, and Pamela A Little.
View insider buying and selling activity for Sandy Spring Bancorp
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sandy Spring Bancorp's stock price today?

One share of SASR stock can currently be purchased for approximately $43.83.

How much money does Sandy Spring Bancorp make?

Sandy Spring Bancorp has a market capitalization of $2.07 billion and generates $526.28 million in revenue each year. The bank earns $96.95 million in net income (profit) each year or $3.75 on an earnings per share basis.

How many employees does Sandy Spring Bancorp have?

Sandy Spring Bancorp employs 1,128 workers across the globe.

When was Sandy Spring Bancorp founded?

Sandy Spring Bancorp was founded in 1868.

What is Sandy Spring Bancorp's official website?

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

Where are Sandy Spring Bancorp's headquarters?

Sandy Spring Bancorp is headquartered at 17801 GEORGIA AVE, OLNEY MD, 20832.

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 9/19/2021 by MarketBeat.com Staff
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