Sandy Spring Bancorp, Inc. (SASR)
NASDAQ: SASR · IEX Real-Time Price · USD
23.92
-0.01 (-0.04%)
May 20, 2024, 1:06 PM EDT - Market open
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 -3.85% from the current stock price of 23.92.
Analyst Consensus: Hold
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 6 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $25 | Hold | Reiterates | $25 | +4.52% | 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 | +12.88% | Jan 24, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $22 | Hold | Maintains | $24 → $22 | -8.03% | Oct 30, 2023 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $28 → $22 | Strong Buy → Hold | Downgrades | $28 → $22 | -8.03% | Oct 2, 2023 |
Financial Forecast
Revenue This Year
353.47M
from 439.19M
Decreased by -19.52%
Revenue Next Year
418.66M
from 353.47M
Increased by 18.44%
EPS This Year
2.10
from 2.73
Decreased by -23.15%
EPS Next Year
2.85
from 2.10
Increased by 35.81%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 369.8M | 439.9M |
| Avg | 353.5M | 418.7M |
| Low | 334.9M | 387.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -15.8% | 24.5% |
| Avg | -19.5% | 18.4% |
| Low | -23.7% | 9.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.23 | 3.10 |
| Avg | 2.10 | 2.85 |
| Low | 1.96 | 2.55 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -18.3% | 47.6% |
| Avg | -23.2% | 35.8% |
| Low | -28.2% | 21.5% |
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.