NASDAQ:SASR Sandy Spring Bancorp (SASR) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free SASR Stock Alerts $22.24 +0.52 (+2.39%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$21.93▼$22.2750-Day Range$19.81▼$23.1852-Week Range$19.27▼$27.90Volume196,498 shsAverage Volume318,799 shsMarket Capitalization$1.00 billionP/E Ratio10.90Dividend Yield6.12%Price Target$23.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Sandy Spring Bancorp alerts: Email Address Sandy Spring Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside5.7% Upside$23.50 Price TargetShort InterestHealthy1.42% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.01Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth36.55%From $1.97 to $2.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.16 out of 5 starsFinance Sector2865th out of 5,198 stocksNational Commercial Banks Industry339th out of 512 stocks 1.0 Analyst's Opinion Consensus RatingSandy Spring Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageSandy Spring Bancorp has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.42% of the float of Sandy Spring Bancorp has been sold short.Short Interest Ratio / Days to CoverSandy Spring Bancorp has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sandy Spring Bancorp has recently increased by 7.00%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSandy Spring Bancorp is a leading dividend payer. It pays a dividend yield of 6.43%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSandy Spring Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sandy Spring Bancorp is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sandy Spring Bancorp will have a dividend payout ratio of 50.56% next year. This indicates that Sandy Spring Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SASR. Previous Next 2.8 News and Social Media Coverage News SentimentSandy Spring Bancorp has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Sandy Spring Bancorp this week, compared to 3 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sandy Spring Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.40% of the stock of Sandy Spring Bancorp is held by insiders.Percentage Held by Institutions66.90% of the stock of Sandy Spring Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Sandy Spring Bancorp are expected to grow by 36.55% in the coming year, from $1.97 to $2.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sandy Spring Bancorp is 10.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Sandy Spring Bancorp is 10.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.91.Price to Book Value per Share RatioSandy Spring Bancorp has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”Learn more about it by watching THIS NOW. About Sandy Spring Bancorp Stock (NASDAQ:SASR)Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses in the United States. It offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, construction loans, and business loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The company provides investment management, financial planning, and wealth management services. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.Read More SASR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SASR Stock News HeadlinesMay 3, 2024 | americanbankingnews.comSandy Spring Bancorp, Inc. Expected to Post FY2024 Earnings of $1.90 Per Share (NASDAQ:SASR)May 2, 2024 | americanbankingnews.comAnalysts Issue Forecasts for Sandy Spring Bancorp, Inc.'s Q2 2024 Earnings (NASDAQ:SASR)May 4, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. April 28, 2024 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Cut to Sell at StockNews.comApril 27, 2024 | seekingalpha.comSandy Spring Bancorp: 26 Years Have Passed, But The Price Per Share Is The SameApril 26, 2024 | finance.yahoo.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?April 26, 2024 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Stock Rating Reaffirmed by StephensApril 25, 2024 | globenewswire.comSandy Spring Bancorp Declares Quarterly DividendMay 4, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. April 25, 2024 | americanbankingnews.comComparing Sandy Spring Bancorp (NASDAQ:SASR) & Ballston Spa Bancorp (OTCMKTS:BSPA)April 24, 2024 | finance.yahoo.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Q1 2024 Earnings Call TranscriptApril 24, 2024 | finance.yahoo.comQ1 2024 Sandy Spring Bancorp Inc Earnings CallApril 24, 2024 | gurufocus.comSandy Spring Bancorp Inc (SASR) Q1 2024 Earnings Call Transcript Highlights: A Detailed ...April 23, 2024 | seekingalpha.comSandy Spring Bancorp, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 23, 2024 | finanznachrichten.deSandy Spring Bancorp, Inc.: Sandy Spring Bancorp Reports First Quarter Earnings of $20.4 MillionApril 23, 2024 | sfgate.comSandy Spring Bancorp: Q1 Earnings SnapshotApril 23, 2024 | finance.yahoo.comSandy Spring Bancorp Inc. Reports First Quarter Earnings: A Detailed AnalysisApril 23, 2024 | globenewswire.comSandy Spring Bancorp Reports First Quarter Earnings of $20.4 MillionApril 22, 2024 | markets.businessinsider.comSandy Spring Bancorp is about to announce earnings — here's what Wall Street expectsApril 3, 2024 | au.finance.yahoo.comThese Vintage Photos of Bruce Springsteen and Wife Patti Scialfa Will Leave You with a Hungry HeartApril 2, 2024 | globenewswire.comSandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 23, 2024March 16, 2024 | forbes.comSandy Spring BankMarch 11, 2024 | globenewswire.comSandy Spring Bank Senior Vice President Elected President of Mortgage Trade AssociationMarch 6, 2024 | finance.yahoo.comInvestors in Sandy Spring Bancorp (NASDAQ:SASR) have unfortunately lost 38% over the last three yearsMarch 6, 2024 | globenewswire.comSandy Spring Bank Donates $50,000 to Local Food Banks to Support Access to Nutritious FoodMarch 2, 2024 | msn.comJanney Montgomery Scott Initiates Coverage of Sandy Spring Bancorp (SASR) with Neutral RecommendationFebruary 29, 2024 | health.usnews.comSenior Living Communities Near Ashton-Sandy Spring, MDSee More Headlines Receive SASR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sandy Spring Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/21 Dividend2/13/2024Dividend Payable2/21/2024Last Earnings4/23/2024Today5/04/2024Ex-Dividend for 5/15 Dividend5/07/2024Dividend Payable5/15/2024Next Earnings (Estimated)7/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:SASR CUSIP80036310 CIK824410 Webwww.sandyspringbank.com Phone(301) 774-6400Fax301-774-8434Employees1,112Year Founded1868Price Target and Rating Average Stock Price Target$23.50 High Stock Price Target$25.00 Low Stock Price Target$22.00 Potential Upside/Downside+5.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.04 Trailing P/E Ratio10.90 Forward P/E Ratio11.29 P/E GrowthN/ANet Income$122.84 million Net Margins12.74% Pretax Margin23.30% Return on Equity6.69% Return on Assets0.74% Debt Debt-to-Equity Ratio0.77 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$704.60 million Price / Sales1.42 Cash Flow$3.66 per share Price / Cash Flow6.07 Book Value$35.37 per share Price / Book0.63Miscellaneous Outstanding Shares45,000,000Free Float43,466,000Market Cap$1.00 billion OptionableOptionable Beta0.94 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Daniel J. Schrider (Age 60)Chairman, President & CEO Comp: $1.3MMr. Philip J. Mantua CPA (Age 66)Executive VP & CFO Comp: $638.72kMr. Aaron Michael Kaslow (Age 59)Chief Administrative Officer, Executive VP & General Counsel Comp: $655.34kMr. Ramiro Louis Caceres (Age 61)Executive VP & Chief Wealth Officer Comp: $673.34kMr. Joseph J. O'Brien Jr. (Age 60)Executive VP & Chief Banking Officer Comp: $805.97kMs. Ronda M. McDowell (Age 59)Executive VP & COO of Sandy Spring Bank Mr. Gary John Fernandes (Age 55)Executive VP & Chief Human Resources Officer Mr. John D. Sadowski (Age 61)Chief Information Officer & EVP - Sandy Spring Bank Mr. Kevin Slane (Age 64)Executive VP & Chief Risk Officer of Sandy Spring Bank Comp: $608.05kMs. Lynne PulfordExecutive VP of the Consumer Banking GroupMore ExecutivesKey CompetitorsHope BancorpNASDAQ:HOPENational BankNYSE:NBHCWestamerica BancorporationNASDAQ:WABCFirst Commonwealth FinancialNYSE:FCFHanmi FinancialNASDAQ:HAFCView All CompetitorsInsiders & InstitutionsBNP Paribas Financial MarketsSold 3,368 shares on 5/1/2024Ownership: 0.051%Mirae Asset Global Investments Co. Ltd.Sold 1,327 shares on 5/1/2024Ownership: 0.042%Janney Montgomery Scott LLCSold 684 shares on 5/1/2024Ownership: 0.024%Pinnacle Associates Ltd.Sold 3,524 shares on 4/26/2024Ownership: 0.031%Grace & White Inc. NYSold 900 shares on 4/25/2024Ownership: 0.182%View All Insider TransactionsView All Institutional Transactions SASR Stock Analysis - Frequently Asked Questions Should I buy or sell Sandy Spring Bancorp stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sandy Spring Bancorp in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SASR shares. 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 SASR analyst ratings or view top-rated stocks. What is Sandy Spring Bancorp's stock price target for 2024? 4 Wall Street research analysts have issued twelve-month price targets for Sandy Spring Bancorp's stock. Their SASR share price targets range from $22.00 to $25.00. On average, they predict the company's stock price to reach $23.50 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price. View analysts price targets for SASR or view top-rated stocks among Wall Street analysts. How have SASR shares performed in 2024? Sandy Spring Bancorp's stock was trading at $27.24 at the beginning of the year. Since then, SASR stock has decreased by 18.4% and is now trading at $22.24. View the best growth stocks for 2024 here. Are investors shorting Sandy Spring Bancorp? Sandy Spring Bancorp saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 574,200 shares, a drop of 28.8% from the March 15th total of 806,000 shares. Based on an average trading volume of 302,900 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the company's shares are short sold. View Sandy Spring Bancorp's Short Interest. When is Sandy Spring Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024. View our SASR earnings forecast. How were Sandy Spring Bancorp's earnings last quarter? Sandy Spring Bancorp, Inc. (NASDAQ:SASR) announced its quarterly earnings results on Tuesday, April, 23rd. The bank reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.03. The bank earned $184.38 million during the quarter, compared to the consensus estimate of $97.45 million. Sandy Spring Bancorp had a trailing twelve-month return on equity of 6.69% and a net margin of 12.74%. During the same period last year, the business earned $1.16 earnings per share. How often does Sandy Spring Bancorp pay dividends? What is the dividend yield for Sandy Spring Bancorp? Sandy Spring Bancorp announced a quarterly dividend on Thursday, April 25th. Stockholders of record on Wednesday, May 8th will be given a dividend of $0.34 per share on Wednesday, May 15th. This represents a $1.36 dividend on an annualized basis and a yield of 6.12%. The ex-dividend date of this dividend is Tuesday, May 7th. Read our dividend analysis for SASR. Is Sandy Spring Bancorp a good dividend stock? Sandy Spring Bancorp (NASDAQ:SASR) pays an annual dividend of $1.36 per share and currently has a dividend yield of 6.43%. SASR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SASR will have a dividend payout ratio of 50.56% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SASR. What ETFs hold Sandy Spring Bancorp's stock? ETFs with the largest weight of Sandy Spring Bancorp (NASDAQ:SASR) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).WBI Power Factor High Dividend ETF (WBIY). What is Daniel J. Schrider's approval rating as Sandy Spring Bancorp's CEO? 28 employees have rated Sandy Spring Bancorp Chief Executive Officer Daniel J. Schrider on Glassdoor.com. Daniel J. Schrider has an approval rating of 82% among the company's employees. 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). Who are Sandy Spring Bancorp's major shareholders? Sandy Spring Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (0.39%), Denali Advisors LLC (0.30%), Grace & White Inc. NY (0.18%), BNP Paribas Financial Markets (0.05%), Mirae Asset Global Investments Co. Ltd. (0.04%) and Hennion & Walsh Asset Management Inc. (0.03%). Insiders that own company stock include Craig A Ruppert and Kenneth C Cook. View institutional ownership trends. How do I buy shares of Sandy Spring Bancorp? Shares of SASR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SASR) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchAutomatic Income (from home)Awesomely, LLCFW: 234x GainWeiss RatingsCould Your Accounts Be Frozen?Allegiance GoldThe Gold Grab of the CenturyColonial MetalsStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sandy Spring Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.