With 0.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.44 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $34.28 whereas the lowest price it dropped to was $33.48. 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 1.53 billion, SASR has annualized dividend of $1.36 while the current yield stands at 4.02%. SASR paid its most recent dividend on 1731542400, while the ex-dividend date for that was 1731542400. Beta for the stock currently stands at 0.95.
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 up-trending over the past week, with a rise of 9.47%, but this was down by -7.18% over a month. Three-month performance surged to 1.59% while six-month performance rose 15.56%. The stock gained 34.46% in the past year, while it has gained 0.47% 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.
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 2024-12-31, short shares totaled 0.9 million, which was 198.00000000000003 higher than short shares on 1732838400. 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 0.7446 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 38.0. Based on these targets, SASR could surge 21.05% to reach the target high and rise by 3.34% to reach the target low. Reaching the average price target will result in a growth of 12.19% from current levels.
Analysts have provided yearly estimates in a range of $1.80439 being high and $1.80227 being low. For SASR, this leads to a yearly average estimate of $1.80333. Based on analyst estimates, the high estimate for the next quarter is $0.54 and the low estimate is $0.49. The average estimate for the next quarter is thus $0.51.
