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How to Buy Sandy Spring Bancorp Stock

Sandy Spring Bancorp Inc

Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses.

Sandy Spring Bancorp stock last closed at $21.49, up 0.56% from the previous day, and has decreased 2.5% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.21 percentage points. Sandy Spring Bancorp stock is currently +11.52% from its 52-week low of $19.27, and -22.97% from its 52-week high of $27.90.

At the moment, there are 44.94M shares of SASR outstanding. The market cap of SASR is $965.76M. In the past 24 hours, 290,399 SASR shares were traded.

How to Buy Sandy Spring Bancorp Stock

Wondering how to invest in Sandy Spring Bancorp stock? Here's how.
  1. Figure out where to buy Sandy Spring Bancorp stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Sandy Spring Bancorp stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Select your method of payment and add your info.
  4. Analyze Sandy Spring Bancorp stock: The Sandy Spring Bancorp ticker symbol is SASR. Is Sandy Spring Bancorp stock a good investment? Should you buy shares of SASR? How do SASR's underlying business fundamentals look? Do top analysts think Sandy Spring Bancorp is a good buy? Why has SASR's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if SASR is a good stock to buy).
  5. Make your SASR purchase: Decide if you will purchase SASR shares at the current market price or use a limit order to purchase SASR stock at a specific price.
  6. Get the latest scoop on your investment in SASR: Create a watchlist to key updates about your new investment in Sandy Spring Bancorp stock.

Step 1: Figure out where to buy Sandy Spring Bancorp stock

You will need an online brokerage account to access the NASDAQ market and buy SASR stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, it's time to fill out some personal info so you can invest in SASR stock today.

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  2. Provide your personal info to start a new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've finished signing up on the best stock trading app, you can securely and quickly fund your account:

Check out the tutorial below for more details transferring funds into your investment account.

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Step 4: Analyze Sandy Spring Bancorp stock

Once you have selected the best place to buy Sandy Spring Bancorp stock, it's absolutely critical to evaluate their stock before you invest, so you can understand the risk as well as the opportunity.

Sandy Spring Bancorp quick stats

SASR Price
$21.49
1w %
3.52%
1y %
-2.5%
5y %
-38.3%
P/E
7.84x
P/B
0.61x
P/S
2.2x
PEG
N/A
Revenue
$439.19M
Earnings
$122.84M
Fore. Rev. Growth
-4.91%
Fore. Earn. Growth
N/A
Market Cap
$965.76M
Next Earnings
May 22, 2024
Next Dividend
May 15, 2024

Sandy Spring Bancorp Due Diligence Checks

WallStreetZen was built to help part-time investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on SASR's stock page.

Is SASR stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SASR's fair value.

Using relative valuations metrics:

  • SASR could be undervalued based on its P/E ratio of 7.84x, relative to Banks - Regional industry P/E ratio of -9.61x
  • SASR may be undervalued based on its P/B ratio of 0.61x, relative to Banks - Regional industry P/B ratio of 0.99x

You can access additional valuation research on SASR's stock here.

SASR Financial Health Overview

Positive Health Checks:

  • SASR earnings of $164.14M is not enough to cover its interest payments.

Negative Health Checks:

  • SASR's operating cash flow of $137.82M allows it to safely service it's debt of $1.30B.
  • SASR has a relatively high debt to equity ratio of 7.83.
  • Total SASR debt is higher than 5 years ago, relative to shareholder equity.
  • SASR profit margin has gone down from 34.7% to 28% in the past year.

Is it a good time to buy Sandy Spring Bancorp stock, according to Wall Street analysts?

Out of 2 sell side analysts who give forecasts on SASR, the consensus analyst rating on Sandy Spring Bancorp is a Hold

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Sandy Spring Bancorp stock forecast page.

SASR Trading Indicators

SMA10
20.76
SMA20
21.04
SMA50
21.57
SMA100
23.4
SMA200
22.79
MACD
-0.16
MACD Signal
-0.32
MACD Histogram
0.16
RSI
52.37
Stochastic %K
62.98
Stochastic %D
68.36
StochRSI %K
80.07
StochRSI %D
85.54

SASR Growth Numbers

Last year, SASR earnings were $122.84M. In the past five year, SASR's earnings have gone up by -0.57% per year. This was slower than the Banks - Regional industry average of 17.16%.

Last year, SASR revenue was $439.19M. During the last five year, SASR's revenue has increased by 7.05% per year. This was slower than the Banks - Regional industry average of 7.44%.

Dive into SASR's earnings and revenue performance here.

Who is buying/selling SASR?

In the last year, insiders at SASR have bought more shares than they have sold.

R. Louis Caceres, EVP Chief Wealth Officer of SASR, was the latest SASR insider to sell. They sold $27,839.18 worth of SASR stock on Apr 1, 2024.

Get more info about who owns SASR stock here.

Can I get consistent income from SASR stock?

Sandy Spring Bancorp pays a dividend of 6.33%, compared to the Banks - Regional industry's average dividend yield of 3.85%. If you owned $1,000 of SASR stock, you would have been paid $63.29 in the past 12 months.

Sandy Spring Bancorp dividend payments have consistently grown over the past decade and have remained stable.

Dig into more info about Sandy Spring Bancorp dividend yield and history here.

Get analysis from other traders

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your SASR purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, use a limit order.

Press the Open button and eToro will place the order.

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Step 6: Get the latest scoop on your investment in SASR

Now that you own some shares in SASR, you'll want to stay up-to-date on your new investment.

Start a watchlist to monitor your SASR stock.

SASR Feed

How to Buy Stock in Sandy Spring Bancorp

To reiterate, here are the 6 steps you need to take to buy Sandy Spring Bancorp stock right now:

  1. Figure out where to buy Sandy Spring Bancorp stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Analyze Sandy Spring Bancorp stock
  5. Make your SASR purchase
  6. Get the latest scoop on your investment in SASR

If you require a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your new investment in Sandy Spring Bancorp, click below.

NASDAQ: SASR
$21.49+0.12 (+0.56%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: SASR
$21.49+0.12 (+0.56%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sandy Spring Bancorp share?

As of Apr 26, 2024, it costs $21.49 to buy one share of Sandy Spring Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.465 shares of SASR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Sandy Spring Bancorp stock?

According to 2 Wall Street analysts who monitor Sandy Spring Bancorp, their consensus recommendation is to hold Sandy Spring Bancorp stock.

What is the best way to buy Sandy Spring Bancorp stock?

One way to place an order for Sandy Spring Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.