Sierra Bancorp (BSRR) Stock Price, News & Analysis

Company Overview

Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. It accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. It also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.

Key Stats

• Today's Range: $30.70 to $30.98
• 50-Day Range: $27.32 to $34.59
• 52-Week Range: $17.69 to $35.13
• Volume: 2,288 shs
• Average Volume: 32,179 shs
• Market Capitalization: $442.78 million
• P/E Ratio: 12.21
• Dividend Yield: 3.12%
• Price Target: $26.00
• Consensus Rating: Hold

Sierra Bancorp Stock Analysis - MarketRank™

Sierra Bancorp scored higher than 84% of companies evaluated by MarketBeat, and ranked 249th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Sierra Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sierra Bancorp has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 1.79%

Earnings Growth

Earnings for Sierra Bancorp are expected to grow by 1.79% in the coming year, from $2.79 to $2.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sierra Bancorp is 12.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sierra Bancorp is 12.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.28.

Price to Book Value per Share Ratio

Sierra Bancorp has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.67% of the float of Sierra Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Sierra Bancorp has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sierra Bancorp has recently decreased by 22.06%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Sierra Bancorp pays a meaningful dividend of 3.09%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Sierra Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Sierra Bancorp is 38.10%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Sierra Bancorp will have a dividend payout ratio of 33.80% next year. This indicates that Sierra Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.55

Percentage of Shares Shorted

0.67% of the float of Sierra Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Sierra Bancorp has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sierra Bancorp has recently decreased by 22.06%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.88

News Sentiment

Sierra Bancorp has a news sentiment score of 0.88. 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 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Sierra Bancorp this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sierra Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $244,741.00 in company stock.

Percentage Held by Insiders

11.86% of the stock of Sierra Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

55.40% of the stock of Sierra Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BSRR Stock Analysis - Frequently Asked Questions

How have BSRR shares performed this year?

Sierra Bancorp's stock was trading at $22.55 at the start of the year. Since then, BSRR shares have increased by 36.5% and is now trading at $30.77.
View the best growth stocks for 2024 here.

How were Sierra Bancorp's earnings last quarter?

Sierra Bancorp (NASDAQ:BSRR) posted its quarterly earnings data on Monday, October, 21st. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. The financial services provider earned $52.59 million during the quarter, compared to analysts' expectations of $38.30 million. Sierra Bancorp had a net margin of 17.91% and a trailing twelve-month return on equity of 10.48%.

Who are Sierra Bancorp's major shareholders?

Sierra Bancorp's top institutional shareholders include Private Management Group Inc. (4.39%), The Manufacturers Life Insurance Company (2.76%), Banc Funds Co. LLC (2.57%) and State Street Corp (2.23%). Insiders that own company stock include Morris A Tharp, James C Holly, Albert L Berra, Kevin J Mcphaill, Gordon T Woods, Michael Olague, Michael Olague, Cindy L Dabney, Susan M Abundis, Laurence S Dutto, Julie G Castle and Michele M Gil.
View institutional ownership trends.

How do I buy shares of Sierra Bancorp?

Shares of BSRR 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 Sierra Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sierra Bancorp investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 10/21/2024
• Ex-Dividend for 11/12 Dividend: 10/31/2024
• Dividend Payable: 11/12/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:BSRR
• CUSIP: 82620P10
• CIK: 1130144
• Web: www.sierrabancorp.com
• Phone: (559) 782-4900
• Fax: 559-782-4994
• Employees: 490
• Year Founded: 1977

Price Target and Rating

• Average Stock Price Target: $26.00
• High Stock Price Target: $29.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: -15.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.52
• Trailing P/E Ratio: 12.14
• Forward P/E Ratio: 10.97
• P/E Growth: N/A
• Net Income: $34.84 million
• Net Margins: 17.91%
• Pretax Margin: 24.31%
• Return on Equity: 10.48%
• Return on Assets: 1.00%

Debt

• Debt-to-Equity Ratio: 0.46
• Current Ratio: 0.79
• Quick Ratio: 0.79

Sales & Book Value

• Annual Sales: $125.24 million
• Price / Sales: 3.52
• Cash Flow: $2.76 per share
• Price / Cash Flow: 11.07
• Book Value: $23.00 per share
• Price / Book: 1.33

Miscellaneous

• Outstanding Shares: 14,394,000
• Free Float: 12,720,000
• Market Cap: $440.46 million
• Optionable: Optionable
• Beta: 0.89