Wall Street analysts expect Sierra Bancorp (NASDAQ:BSRR – Get Rating) to report $0.58 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Sierra Bancorp’s earnings. The highest EPS estimate is $0.63 and the lowest is $0.54. Sierra Bancorp posted earnings per share of $0.76 in the same quarter last year, which indicates a negative year-over-year growth rate of 23.7%. The business is expected to report its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that Sierra Bancorp will report full year earnings of $2.36 per share for the current financial year, with EPS estimates ranging from $2.24 to $2.47. For the next financial year, analysts forecast that the business will report earnings of $2.83 per share, with EPS estimates ranging from $2.69 to $2.93. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Sierra Bancorp.
Sierra Bancorp (NASDAQ:BSRR – Get Rating) last announced its quarterly earnings data on Monday, April 25th. The financial services provider reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.10). Sierra Bancorp had a net margin of 28.71% and a return on equity of 11.16%. The firm had revenue of $30.82 million during the quarter, compared to analyst estimates of $33.63 million.
NASDAQ:BSRR traded down $0.25 during midday trading on Friday, hitting $21.92. 23,802 shares of the company were exchanged, compared to its average volume of 25,991. The company has a fifty day simple moving average of $22.85 and a 200 day simple moving average of $25.36. Sierra Bancorp has a fifty-two week low of $20.77 and a fifty-two week high of $28.92. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $330.77 million, a PE ratio of 8.53 and a beta of 1.11.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 12th. Shareholders of record on Monday, May 2nd were paid a $0.23 dividend. The ex-dividend date was Friday, April 29th. This represents a $0.92 dividend on an annualized basis and a yield of 4.20%. Sierra Bancorp’s dividend payout ratio is presently 35.80%.
A number of hedge funds and other institutional investors have recently bought and sold shares of BSRR. Globeflex Capital L P purchased a new stake in shares of Sierra Bancorp in the fourth quarter valued at about $374,000. MKT Advisors LLC purchased a new stake in shares of Sierra Bancorp in the fourth quarter valued at about $329,000. Two Sigma Advisers LP boosted its holdings in shares of Sierra Bancorp by 18.8% in the third quarter. Two Sigma Advisers LP now owns 32,200 shares of the financial services provider’s stock valued at $782,000 after acquiring an additional 5,100 shares in the last quarter. Two Sigma Investments LP boosted its holdings in shares of Sierra Bancorp by 29.7% in the third quarter. Two Sigma Investments LP now owns 29,052 shares of the financial services provider’s stock valued at $705,000 after acquiring an additional 6,650 shares in the last quarter. Finally, Seizert Capital Partners LLC boosted its holdings in shares of Sierra Bancorp by 46.3% in the fourth quarter. Seizert Capital Partners LLC now owns 121,366 shares of the financial services provider’s stock valued at $3,295,000 after acquiring an additional 38,391 shares in the last quarter. Institutional investors own 55.09% of the company’s stock.
Sierra Bancorp Company Profile (Get Rating)
Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts.
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