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

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) – Stock analysts at DA Davidson issued their Q1 2025 earnings estimates for Sandy Spring Bancorp in a research note issued to investors on Monday, February 10th. DA Davidson analyst M. Navas expects that the bank will earn $0.52 per share 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 posted its earnings results on Tuesday, January 28th. The bank reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate 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 initiated coverage on Sandy Spring Bancorp in a research note on Wednesday. They issued a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $28.25.

Sandy Spring Bancorp Trading Down 3.7 %

Sandy Spring Bancorp stock opened at $33.52 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.02 and a current ratio of 1.02. Sandy Spring Bancorp has a fifty-two week low of $19.52 and a fifty-two week high of $39.55. The stock has a market cap of $1.51 billion, a P/E ratio of 74.49 and a beta of 0.97. The firm’s fifty day moving average price is $34.15 and its 200-day moving average price is $33.16.

Institutional Trading of Sandy Spring Bancorp

Several institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. increased its holdings in shares of Sandy Spring Bancorp by 45.8% in the fourth quarter. Franklin Resources Inc. now owns 1,853,807 shares of the bank’s stock worth $62,492,000 after buying an additional 582,309 shares during the period. Geode Capital Management LLC grew its position in Sandy Spring Bancorp by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,072,619 shares of the bank’s stock worth $33,654,000 after acquiring an additional 35,271 shares during the last quarter. Systematic Financial Management LP increased its stake in Sandy Spring Bancorp by 13.4% in the 3rd quarter. Systematic Financial Management LP now owns 1,025,227 shares of the bank’s stock worth $32,161,000 after purchasing an additional 120,793 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Sandy Spring Bancorp by 16.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 937,531 shares of the bank’s stock valued at $31,604,000 after purchasing an additional 129,591 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Sandy Spring Bancorp by 0.8% during the fourth quarter. American Century Companies Inc. now owns 893,547 shares of the bank’s stock valued at $30,121,000 after purchasing an additional 6,815 shares during the period. 66.90% of the stock is currently owned by hedge funds and other institutional investors.

Sandy Spring Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, February 12th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Wednesday, February 12th. Sandy Spring Bancorp’s payout ratio is presently 302.23%.

About Sandy Spring Bancorp

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.