Sandy Spring Bancorp, Inc. (SASR)
NASDAQ: SASR · IEX Real-Time Price · USD
29.41
+0.10 (0.34%)
At close: Jul 19, 2024, 4:00 PM
29.33
-0.08 (-0.27%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Sandy Spring Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for SASR stock have an average target of 23, with a low estimate of 22 and a high estimate of 25. The average target predicts a decrease of -21.80% from the current stock price of 29.41.
Analyst Consensus: Hold
* Price targets were last updated on Apr 24, 2024.
Analyst Ratings
The average analyst rating for SASR stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 6 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $25 | Hold | Reiterates | $25 | -14.99% | Apr 24, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Mar 1, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $28 → $27 | Hold | Maintains | $28 → $27 | -8.19% | Jan 24, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $22 | Hold | Maintains | $24 → $22 | -25.20% | Oct 30, 2023 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $28 → $22 | Strong Buy → Hold | Downgrades | $28 → $22 | -25.20% | Oct 2, 2023 |
Financial Forecast
Revenue This Year
340.94M
from 439.19M
Decreased by -22.37%
Revenue Next Year
408.92M
from 340.94M
Increased by 19.94%
EPS This Year
1.94
from 2.73
Decreased by -28.88%
EPS Next Year
2.72
from 1.94
Increased by 40.24%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 352.5M | 427.8M |
| Avg | 340.9M | 408.9M |
| Low | 325.7M | 380.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -19.7% | 25.5% |
| Avg | -22.4% | 19.9% |
| Low | -25.9% | 11.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.07 | 2.99 |
| Avg | 1.94 | 2.72 |
| Low | 1.76 | 2.55 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -24.2% | 54.0% |
| Avg | -28.9% | 40.2% |
| Low | -35.4% | 31.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.