What is DA Davidson’s Estimate for SASR Q1 Earnings?

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Sandy Spring Bancorp in a research report issued to clients and investors on Monday, February 10th. DA Davidson analyst M. Navas expects that the bank will post earnings per share of $0.52 for the quarter. The consensus estimate for Sandy Spring Bancorp’s current full-year earnings is $2.51 per share. DA Davidson also issued estimates for Sandy Spring Bancorp’s FY2025 earnings at $2.45 EPS and FY2026 earnings at $3.20 EPS.

Sandy Spring Bancorp (NASDAQ:SASR) last released its earnings results on Tuesday, January 28th. The bank reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). Sandy Spring Bancorp had a return on equity of 5.31% and a net margin of 2.65%.

Separately, StockNews.com began coverage on Sandy Spring Bancorp in a research note on Tuesday, February 4th. They set a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $28.25.

Sandy Spring Bancorp Stock Down 0.3 %

Sandy Spring Bancorp stock opened at $34.29 on Tuesday. The company’s 50 day simple moving average is $34.29 and its 200 day simple moving average is $33.14. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 76.20 and a beta of 0.97. Sandy Spring Bancorp has a fifty-two week low of $19.52 and a fifty-two week high of $39.55. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 1.02.

Sandy Spring Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 12th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.97%. Sandy Spring Bancorp’s dividend payout ratio (DPR) is presently 302.23%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new position in shares of Sandy Spring Bancorp during the 3rd quarter worth about $29,000. Vestcor Inc bought a new position in Sandy Spring Bancorp in the fourth quarter valued at approximately $37,000. SG Americas Securities LLC bought a new stake in shares of Sandy Spring Bancorp during the 3rd quarter worth approximately $170,000. Family Firm Inc. bought a new position in shares of Sandy Spring Bancorp in the fourth quarter valued at $204,000. Finally, Stifel Financial Corp bought a new stake in Sandy Spring Bancorp during the third quarter worth $217,000. Institutional investors and hedge funds own 66.90% of the company’s stock.

Sandy Spring Bancorp Company Profile

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.