Sierra Bancorp (BSRR) Announces $0.14 Quarterly Dividend

Sierra Bancorp (NASDAQ:BSRR) announced a quarterly dividend on Friday, April 21st. Shareholders of record on Thursday, May 4th will be given a dividend of 0.14 per share by the financial services provider on Thursday, May 18th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Tuesday, May 2nd.

Sierra Bancorp (NASDAQ:BSRR) traded up 0.33% during mid-day trading on Friday, hitting $27.22. The company’s stock had a trading volume of 24,311 shares. Sierra Bancorp has a 12-month low of $15.60 and a 12-month high of $29.50. The firm’s 50-day moving average is $26.89 and its 200-day moving average is $24.40. The company has a market cap of $375.94 million, a P/E ratio of 21.10 and a beta of 0.83.

Sierra Bancorp (NASDAQ:BSRR) last announced its quarterly earnings results on Monday, January 23rd. The financial services provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.06. The company had revenue of $23.14 million for the quarter, compared to the consensus estimate of $22.20 million. Sierra Bancorp had a return on equity of 8.77% and a net margin of 20.02%. Analysts predict that Sierra Bancorp will post $1.47 EPS for the current fiscal year.

Dividend History for Sierra Bancorp (NASDAQ:BSRR)

COPYRIGHT VIOLATION NOTICE: This report was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://sportsperspectives.com/2017/04/21/sierra-bancorp-bsrr-announces-0-14-quarterly-dividend.html.

In related news, Director Robb Evans purchased 1,000 shares of the business’s stock in a transaction on Thursday, January 26th. The shares were bought at an average cost of $28.39 per share, with a total value of $28,390.00. Following the transaction, the director now owns 14,000 shares of the company’s stock, valued at $397,460. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 15.24% of the stock is currently owned by company insiders.

Separately, Zacks Investment Research raised Sierra Bancorp from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Monday, March 20th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $23.13.

Sierra Bancorp Company Profile

Sierra Bancorp is a bank holding company for Bank of the Sierra (the Bank). The Bank is a state-chartered bank, which offers a range of retail and commercial banking services. The Bank’s products and services are related to the business of lending money and accepting deposits. Its customers have access to electronic point-of-sale payment alternatives around the country through the Pulse Electronic Funds Transfer (EFT) network.

5 Day Chart for NASDAQ:BSRR

Receive News & Ratings for Sierra Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply