Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Updates On Dividend Release Date


On 2016-07-28, Sandy Spring Bancorp, Inc. (NASDAQ:SASR) confirmed the dividend disbursement of $0.24 a share to shareholders as on record 2016-08-10. The firm will release dividend on 2016-08-17 while ex-dividend date is reported to be 2016-08-08.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Sandy Spring Bancorp, Inc. (NASDAQ:SASR) paid a total of $0.24 per share in dividends. This figure stood at $0.24 a share in the same period a year ago indicating a deviation of 18.4211%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $31 on the stock. This figure is the average of recommendations offered by 1 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $31 and $31, respectively.

Taking the mathematical rating formula, the price for Sandy Spring Bancorp, Inc. (NASDAQ:SASR) stands at 3. Earnings Review Sandy Spring Bancorp, Inc. (NASDAQ:SASR) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.49.

Coming to the quarter ending on 2015-12-31, Sandy Spring Bancorp, Inc. (NASDAQ:SASR) recorded EPS of $0.44. The reported numbers came lower than the analysts’ estimates of $0.45, demonstrating a miss of $-0.01 as against reported figures.

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