How to buy Sandy Spring Bancorp stock - 07 March

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Sandy Spring Bancorp stock

Own Sandy Spring Bancorp stock in just a few minutes.

Fact checked

Sandy Spring Bancorp, Inc is a banks-regional business based in the US. Sandy Spring Bancorp shares (SASR) are listed on the NASDAQ and all prices are listed in US Dollars. Sandy Spring Bancorp employs 1,110 staff and has a trailing 12-month revenue of around USD$380.2 million.

How to buy shares in Sandy Spring Bancorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Sandy Spring Bancorp. Find the stock by name or ticker symbol: SASR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Sandy Spring Bancorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Sandy Spring Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Sandy Spring Bancorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Sandy Spring Bancorp share price

Use our graph to track the performance of SASR stocks over time.

Sandy Spring Bancorp shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$17.1887 - USD$40.11
50-day moving average USD$36.0215
200-day moving average USD$29.5007
Wall St. target priceUSD$39.25
PE ratio 18.1376
Dividend yield USD$1.2 (3.13%)
Earnings per share (TTM) USD$2.18

Buy Sandy Spring Bancorp shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Robinhood
$0
Stocks, Options, ETFs, Gold/Commodities
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get two free stock valued between $2.50 and $250
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
TradeStation
$0
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
$50
Deposit qualifying assets of $5,000+
A platform built for all kinds of traders and all styles of trading
Tastyworks
$0
Stocks, Options, Cryptocurrency
Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
0%
Get 100 shares of stock (worth $1 to $6 a share)
Open and fund a new cash or margin account with $2,000+
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
Interactive Brokers
$0
Stocks, Bonds, Options
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Sandy Spring Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Sandy Spring Bancorp under- or over-valued?

Valuing Sandy Spring Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sandy Spring Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sandy Spring Bancorp's P/E ratio

Sandy Spring Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Sandy Spring Bancorp shares trade at around 18x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Sandy Spring Bancorp's PEG ratio

Sandy Spring Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1713. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Sandy Spring Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Sandy Spring Bancorp financials

Revenue TTM USD$380.2 million
Operating margin TTM 43.79%
Gross profit TTM USD$380.2 million
Return on assets TTM 0.9%
Return on equity TTM 7.45%
Profit margin 25.5%
Book value $31.238
Market capitalisation USD$1.9 billion

TTM: trailing 12 months

Shorting Sandy Spring Bancorp shares

There are currently 577,905 Sandy Spring Bancorp shares held short by investors – that's known as Sandy Spring Bancorp's "short interest". This figure is 15.2% down from 681,785 last month.

There are a few different ways that this level of interest in shorting Sandy Spring Bancorp shares can be evaluated.

Sandy Spring Bancorp's "short interest ratio" (SIR)

Sandy Spring Bancorp's "short interest ratio" (SIR) is the quantity of Sandy Spring Bancorp shares currently shorted divided by the average quantity of Sandy Spring Bancorp shares traded daily (recently around 148180.76923077). Sandy Spring Bancorp's SIR currently stands at 3.9. In other words for every 100,000 Sandy Spring Bancorp shares traded daily on the market, roughly 3900 shares are currently held short.

However Sandy Spring Bancorp's short interest can also be evaluated against the total number of Sandy Spring Bancorp shares, or, against the total number of tradable Sandy Spring Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Sandy Spring Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Sandy Spring Bancorp shares in existence, roughly 10 shares are currently held short) or 0.0126% of the tradable shares (for every 100,000 tradable Sandy Spring Bancorp shares, roughly 13 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Sandy Spring Bancorp.

Find out more about how you can short Sandy Spring Bancorp stock.

Sandy Spring Bancorp share dividends

49%

Dividend payout ratio: 49.41% of net profits

Recently Sandy Spring Bancorp has paid out, on average, around 49.41% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.41% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Sandy Spring Bancorp shareholders could enjoy a 3.41% return on their shares, in the form of dividend payments. In Sandy Spring Bancorp's case, that would currently equate to about $1.2 per share.

While Sandy Spring Bancorp's payout ratio might seem fairly standard, it's worth remembering that Sandy Spring Bancorp may be investing much of the rest of its net profits in future growth.

Sandy Spring Bancorp's most recent dividend payout was on 24 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 16 February 2021 (the "ex-dividend date").

Have Sandy Spring Bancorp's shares ever split?

Sandy Spring Bancorp's shares were split on a 3:2 basis on 21 December 2001. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Sandy Spring Bancorp shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Sandy Spring Bancorp shares which in turn could have impacted Sandy Spring Bancorp's share price.

Sandy Spring Bancorp share price volatility

Over the last 12 months, Sandy Spring Bancorp's shares have ranged in value from as little as $17.1887 up to $40.11. A popular way to gauge a stock's volatility is its "beta".

SASR.US volatility(beta: 1.12)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Sandy Spring Bancorp's is 1.1201. This would suggest that Sandy Spring Bancorp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Sandy Spring Bancorp overview

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. The company operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real estate plans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities, such as commercial, personal, and medical liability lines. The Investment Management segment offers investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. The company also provides personal trust and wealth management services. It operates a network of approximately 65 locations in Maryland, Virginia, and Washington, the District of Columbia. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site