With 0.27 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.42 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $32.45 whereas the lowest price it dropped to was $31.6. The 52-week range on SASR shows that it touched its highest point at $39.55 and its lowest point at $19.52 during that stretch. It currently has a 1-year price target of $37.00. With its current market cap of 1.45 billion, SASR has annualized dividend of $1.36 while the current yield stands at 4.22%. SASR paid its most recent dividend on 1731542400, while the ex-dividend date for that was 1731542400. Beta for the stock currently stands at 0.96.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SASR was down-trending over the past week, with a drop of -4.45%, but this was down by -14.49% over a month. Three-month performance surged to 3.44% while six-month performance rose 29.62%. The stock gained 20.64% in the past year, while it has lost -4.45% so far this year. A look at the trailing 12-month EPS for SASR yields 1.89 with Next year EPS estimates of 2.50. For the next quarter, that number is 0.48. This implies an EPS growth rate of -33.94% for this year and 38.82% for next year. EPS is expected to grow by 9.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.68%.
Float and Shares Shorts:
At present, 45.13 million SASR shares are outstanding with a float of 43.48 million shares on hand for trading. On 2024-12-13, short shares totaled 1.05 million, which was 233.0 higher than short shares on 1731628800. In addition to Mr. Daniel J. Schrider as the firm’s Chairman, President & CEO, Mr. Aaron Michael Kaslow J.D. serves as its Chief Administrative Officer, Executive VP, General Counsel & Secretary.
Institutional Ownership:
Through their ownership of 0.74524003 of SASR’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SASR since 0 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SASR analysts setting a high price target of 41.0 and a low target of 35.0, the average target price over the next 12 months is 37.0. Based on these targets, SASR could surge 27.29% to reach the target high and rise by 8.66% to reach the target low. Reaching the average price target will result in a growth of 14.87% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.80333 being high and $1.80333 being low. For SASR, this leads to a yearly average estimate of $1.80333.
