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.
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.
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