NASDAQ:SASR Sandy Spring Bancorp (SASR) Stock Price, News & Analysis $30.78 -0.73 (-2.32%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$30.62▼$32.0750-Day Range$23.54▼$31.6052-Week Range$19.27▼$32.38Volume416,570 shsAverage Volume307,864 shsMarket Capitalization$1.39 billionP/E Ratio15.09Dividend Yield4.42%Price Target$27.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Sandy Spring Bancorp alerts: Email Address Sandy Spring Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.3% Downside$27.00 Price TargetShort InterestHealthy2.65% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.68Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth33.16%From $1.93 to $2.57 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.2.87 out of 5 starsFinance Sector485th out of 871 stocksNational Commercial Banks Industry52nd out of 86 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, 5 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.Read more about Sandy Spring Bancorp's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.65% 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 3.7, 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 13.86%, 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 4.34%, 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 52.92% next year. This indicates that Sandy Spring Bancorp will be able to sustain or increase its dividend.Read more about Sandy Spring Bancorp's 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 2.0 News and Social Media Coverage News SentimentSandy Spring Bancorp has a news sentiment score of 0.68. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Sandy Spring Bancorp this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Sandy Spring Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. 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.Read more about Sandy Spring Bancorp's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Sandy Spring Bancorp are expected to grow by 33.16% in the coming year, from $1.93 to $2.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sandy Spring Bancorp is 15.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Sandy Spring Bancorp is 15.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 34.19.Price to Book Value per Share RatioSandy Spring Bancorp has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Sandy Spring Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video 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 HeadlinesSeptember 5 at 8:13 PM | bloomberg.comSandy Spring Works With Adviser to Entertain Sale TalksAugust 28, 2024 | americanbankingnews.comAnalysts Set Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Price Target at $27.00September 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.August 28, 2024 | americanbankingnews.comSandy Spring Bancorp (NASDAQ:SASR) Lowered to Sell at StockNews.comAugust 4, 2024 | finance.yahoo.comSandy Spring Bancorp (NASDAQ:SASR) Has Announced A Dividend Of $0.34August 1, 2024 | globenewswire.comSandy Spring Bancorp Declares Quarterly DividendJuly 26, 2024 | finance.yahoo.comSandy Spring Bancorp, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsJuly 24, 2024 | msn.comSandy Spring Bancorp, Inc. (NASDAQ:SASR) Q2 2024 Earnings Call TranscriptSeptember 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.July 23, 2024 | msn.comSandy Spring Bancorp Non-GAAP EPS of $0.54 beats by $0.11, revenue of $99.9M beats by $0.74MJuly 23, 2024 | globenewswire.comSandy Spring Bancorp Reports Second Quarter Earnings of $22.8 MillionJuly 15, 2024 | globenewswire.comSandy Spring Bank Celebrates Ronda McDowell's Success as MBA ChairJuly 1, 2024 | globenewswire.comSandy Spring Bancorp, Inc. to Webcast Second Quarter Earnings Conference Call on July 23, 2024June 30, 2024 | seekingalpha.comSandy Spring Bancorp Likely Range-Bound Until Rates DropMay 27, 2024 | msn.comSandy Springs man sentenced to prison for laundering $4.5M from business and romance schemesMay 23, 2024 | finance.yahoo.comSandy Spring Bancorp’s Board of Directors Appoints Charles S. Cullum Chief Financial OfficerMay 23, 2024 | globenewswire.comSandy Spring Bancorp's Board of Directors Appoints Charles S. Cullum Chief Financial OfficerApril 27, 2024 | seekingalpha.comSandy Spring Bancorp: 26 Years Have Passed, But The Price Per Share Is The SameSee 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 Last Earnings7/23/2024Ex-Dividend for 8/21 Dividend8/14/2024Dividend Payable8/21/2024Today9/07/2024Next Earnings (Estimated)10/22/2024Fiscal 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$27.00 High Stock Price Target$33.00 Low Stock Price Target$22.00 Potential Upside/Downside-12.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.04 Trailing P/E Ratio15.09 Forward P/E Ratio15.95 P/E GrowthN/ANet Income$122.84 million Net Margins12.31% Pretax Margin16.45% Return on Equity6.41% Return on Assets0.72% Debt Debt-to-Equity Ratio0.54 Current Ratio1.03 Quick Ratio1.02 Sales & Book Value Annual Sales$704.60 million Price / Sales1.97 Cash Flow$3.42 per share Price / Cash Flow8.99 Book Value$35.37 per share Price / Book0.87Miscellaneous Outstanding Shares45,110,000Free Float43,529,000Market Cap$1.39 billion OptionableOptionable Beta0.96 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 CompetitorsWestamerica BancorporationNASDAQ:WABCHope BancorpNASDAQ:HOPENational BankNYSE:NBHCNorthwest BancsharesNASDAQ:NWBIFirst Midwest BancorpNASDAQ:FMBIView All CompetitorsInstitutional OwnershipTruist Financial CorpBought 1,104 shares on 8/21/2024Ownership: 0.097%Systematic Financial Management LPBought 97,262 shares on 8/16/2024Ownership: 2.007%Algert Global LLCBought 50,659 shares on 8/16/2024Ownership: 0.143%Creative PlanningBought 2,701 shares on 8/16/2024Ownership: 0.131%The Manufacturers Life Insurance Company Bought 1,774 shares on 8/15/2024Ownership: 0.052%View All Institutional Transactions SASR Stock Analysis - Frequently Asked Questions How have SASR shares performed this year? Sandy Spring Bancorp's stock was trading at $27.24 at the beginning of the year. Since then, SASR shares have increased by 13.0% and is now trading at $30.78. View the best growth stocks for 2024 here. How were Sandy Spring Bancorp's earnings last quarter? Sandy Spring Bancorp, Inc. (NASDAQ:SASR) released its quarterly earnings results on Tuesday, July, 23rd. The bank reported $0.51 EPS for the quarter, beating the consensus estimate of $0.43 by $0.08. The bank earned $184.70 million during the quarter, compared to analyst estimates of $99.60 million. Sandy Spring Bancorp had a trailing twelve-month return on equity of 6.41% and a net margin of 12.31%. 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. Who are Sandy Spring Bancorp's major shareholders? Sandy Spring Bancorp's top institutional investors include Dimensional Fund Advisors LP (5.48%), Systematic Financial Management LP (2.01%), American Century Companies Inc. (1.72%) and Massachusetts Financial Services Co. MA (1.63%). 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. What other stocks do shareholders of Sandy Spring Bancorp own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Steel Dynamics (STLD). 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