Sierra Bancorp (BSRR) Earns News Sentiment Rating of 0.10
Media stories about Sierra Bancorp (NASDAQ:BSRR) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sierra Bancorp earned a news impact score of 0.10 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 47.1201644804647 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Sierra Bancorp (NASDAQ:BSRR) opened at $27.91 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.16. Sierra Bancorp has a 52-week low of $22.46 and a 52-week high of $29.50. The stock has a market cap of $424.76, a PE ratio of 18.61, a price-to-earnings-growth ratio of 2.30 and a beta of 0.80.
Sierra Bancorp (NASDAQ:BSRR) last released its earnings results on Monday, October 23rd. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Sierra Bancorp had a net margin of 21.59% and a return on equity of 9.87%. The company had revenue of $24.35 million for the quarter, compared to the consensus estimate of $23.90 million. equities research analysts anticipate that Sierra Bancorp will post 1.51 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Thursday, November 2nd were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $0.56 dividend on an annualized basis and a yield of 2.01%. Sierra Bancorp’s payout ratio is presently 37.33%.
Several brokerages recently issued reports on BSRR. DA Davidson downgraded shares of Sierra Bancorp from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 24th. Zacks Investment Research downgraded shares of Sierra Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Finally, ValuEngine downgraded shares of Sierra Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, November 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $28.15.
In other Sierra Bancorp news, Director Robb Evans bought 1,000 shares of the business’s stock in a transaction on Monday, October 30th. The shares were bought at an average cost of $26.00 per share, for a total transaction of $26,000.00. Following the transaction, the director now owns 16,000 shares in the company, valued at approximately $416,000. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 20.77% of the company’s stock.
About Sierra Bancorp
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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