Analysts See $0.61 EPS for Sandy Spring Bancorp, Inc. (SASR)

January 17, 2018 - By Vivian Currie

 Analysts See $0.61 EPS for Sandy Spring Bancorp, Inc. (SASR)
Investors sentiment decreased to 1.44 in 2017 Q3. Its down 0.39, from 1.83 in 2017Q2. It worsened, as 14 investors sold Sandy Spring Bancorp, Inc. shares while 31 reduced holdings. 23 funds opened positions while 42 raised stakes. 16.21 million shares or 3.18% more from 15.71 million shares in 2017Q2 were reported.
Cwm Limited Com owns 983 shares. Schroder Inv Management Gp has 0% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Peak6 Lp holds 2,431 shares or 0% of its portfolio. Ameriprise Financial accumulated 944,418 shares. State Street Corp holds 0% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 536,780 shares. First Quadrant Lp Ca holds 3,595 shares or 0% of its portfolio. 904 are owned by Fny Managed Accounts Limited Liability Com. Victory Capital reported 5,944 shares. 14,382 were accumulated by M&T Financial Bank. Tiaa Cref Mngmt Limited Liability holds 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) or 102,412 shares. Voya Investment Ltd Com invested in 0% or 14,980 shares. Sg Americas Securities Ltd Limited Liability Company reported 6,304 shares. Moreover, Chicago Equity Prtn Lc has 0.11% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 81,180 shares. Lincoln Corporation stated it has 18,386 shares. Northern holds 553,646 shares.

Analysts expect Sandy Spring Bancorp, Inc. (NASDAQ:SASR) to report $0.61 EPS on January, 18.They anticipate $0.06 EPS change or 10.91 % from last quarter’s $0.55 EPS. SASR’s profit would be $14.64 million giving it 16.75 P/E if the $0.61 EPS is correct. After having $0.62 EPS previously, Sandy Spring Bancorp, Inc.’s analysts see -1.61 % EPS growth. The stock increased 0.89% or $0.36 during the last trading session, reaching $40.86. About 304,769 shares traded or 101.41% up from the average. Sandy Spring Bancorp, Inc. (NASDAQ:SASR) has risen 42.32% since January 17, 2017 and is uptrending. It has outperformed by 25.62% the S&P500.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Ratings Coverage

Among 6 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Sandy Spring Bancorp had 10 analyst reports since July 20, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of SASR in report on Thursday, December 21 with “Hold” rating. The rating was upgraded by Zacks on Tuesday, August 25 to “Sell”. Sandler O’Neill maintained it with “Hold” rating and $44.0 target in Friday, January 12 report. The stock of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) has “Hold” rating given on Wednesday, January 10 by Robert W. Baird. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods. Robert W. Baird maintained it with “Hold” rating and $43.0 target in Thursday, October 19 report.

Sandy Spring Bancorp, Inc. operates as the bank holding firm for Sandy Spring Bank that provides commercial and retail banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D. The company has market cap of $980.38 million. C. markets. It has a 16.95 P/E ratio. It operates through three divisions: Community Banking, Insurance, and Investment Management.

More notable recent Sandy Spring Bancorp, Inc. (NASDAQ:SASR) news were published by: Nasdaq.com which released: “Sandy Spring Bancorp, Inc. (SASR) Ex-Dividend Date Scheduled for November 07, 2017” on November 06, 2017, also Globenewswire.com with their article: “Sandy Spring Bancorp, Inc. and WashingtonFirst Bankshares, Inc. Receive …” published on October 18, 2017, Globenewswire.com published: “Sandy Spring Bancorp Acquisition of WashingtonFirst Bankshares to Create …” on May 16, 2017. More interesting news about Sandy Spring Bancorp, Inc. (NASDAQ:SASR) were released by: Globenewswire.com and their article: “Sandy Spring Bancorp, Inc. Receives All Regulatory Approvals for Acquisition” published on November 22, 2017 as well as Nasdaq.com‘s news article titled: “Sandy Spring Bancorp, Inc. to Webcast Fourth Quarter Earnings Conference Call …” with publication date: January 04, 2018.

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