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

$35.16
-0.33 (-0.93 %)
(As of 09/23/2019 11:09 AM ET)
Today's Range
$34.98
Now: $35.16
$35.49
50-Day Range
$32.72
MA: $34.30
$36.20
52-Week Range
$29.83
Now: $35.16
$40.56
Volume7,775 shs
Average Volume98,216 shs
Market Capitalization$1.25 billion
P/E Ratio12.29
Dividend Yield3.34%
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$3.1534 per share
Book Value$30.06 per share

Profitability

Net Income$100.86 million

Miscellaneous

Employees910
Market Cap$1.25 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. Shareholders 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 annualized dividend and a yield of 3.41%. 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 earnings results on Thursday, July, 18th. The bank reported $0.79 earnings per share (EPS) for the quarter, meeting the 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 return on equity of 10.14% and a net margin of 27.80%. The firm's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted $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 12 month target prices 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 $37.8125 in the next twelve months. This suggests a possible upside of 7.5% 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?

Media headlines about SASR stock have trended somewhat negative on Monday, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sandy Spring Bancorp earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave 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 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 a variety of 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 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 acquired 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 $35.16.

How big of a company is Sandy Spring Bancorp?

Sandy Spring Bancorp has a market capitalization of $1.25 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:  221 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  482
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 9/23/2019 by MarketBeat.com Staff

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