Sandy Spring Bancorp (SASR) Given Daily Media Sentiment Rating of 0.17

Media headlines about Sandy Spring Bancorp (NASDAQ:SASR) have trended somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sandy Spring Bancorp earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 47.9062709571089 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Sandy Spring Bancorp (NASDAQ:SASR) opened at $38.46 on Thursday. Sandy Spring Bancorp has a twelve month low of $36.50 and a twelve month high of $45.64. The firm has a market cap of $929.75, a PE ratio of 15.96 and a beta of 0.99. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.12.

Sandy Spring Bancorp (NASDAQ:SASR) last released its quarterly earnings results on Thursday, October 19th. The bank reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.01). Sandy Spring Bancorp had a return on equity of 10.61% and a net margin of 24.31%. The firm had revenue of $55.44 million for the quarter, compared to analysts’ expectations of $58.34 million. During the same quarter last year, the firm posted $0.56 earnings per share. analysts predict that Sandy Spring Bancorp will post 2.38 EPS for the current year.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Sandy Spring Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th. ValuEngine cut shares of Sandy Spring Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. Finally, Boenning Scattergood restated a “hold” rating on shares of Sandy Spring Bancorp in a report on Friday, October 20th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $42.00.

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Sandy Spring Bancorp Company Profile

Sandy Spring Bancorp, Inc is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three segments: Community Banking, Insurance and Investment Management. The Company’s Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services, including various loan and deposit products to both individuals and businesses.

Insider Buying and Selling by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

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