DA Davidson Estimates Sierra Bancorp Q1 Earnings

Sierra Bancorp (NASDAQ:BSRR) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Sierra Bancorp in a research report issued to clients and investors on Tuesday, January 28th. DA Davidson analyst G. Tenner anticipates that the financial services provider will post earnings of $0.67 per share for the quarter. The consensus estimate for Sierra Bancorp’s current full-year earnings is $2.79 per share.

Sierra Bancorp (NASDAQ:BSRR) last issued its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.72. Sierra Bancorp had a return on equity of 10.48% and a net margin of 17.91%.

A number of other equities analysts have also weighed in on BSRR. Keefe, Bruyette & Woods lifted their price target on shares of Sierra Bancorp from $30.00 to $35.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. StockNews.com downgraded Sierra Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, January 24th.

Sierra Bancorp Price Performance

Sierra Bancorp stock opened at $30.10 on Wednesday. Sierra Bancorp has a 1 year low of $17.69 and a 1 year high of $35.13. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a 50 day moving average price of $30.01 and a 200 day moving average price of $29.32. The company has a market cap of $433.14 million, a price-to-earnings ratio of 11.94 and a beta of 0.92.

Sierra Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.00 annualized dividend and a dividend yield of 3.32%. This is a positive change from Sierra Bancorp’s previous quarterly dividend of $0.24. Sierra Bancorp’s dividend payout ratio is presently 38.10%.

Insider Activity

In related news, Director James C. Holly sold 5,000 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $28.98, for a total value of $144,900.00. Following the completion of the sale, the director now directly owns 313,370 shares in the company, valued at approximately $9,081,462.60. This represents a 1.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Albert L. Berra sold 2,540 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $32.24, for a total value of $81,889.60. Following the transaction, the director now owns 150,063 shares in the company, valued at approximately $4,838,031.12. This represents a 1.66 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,056 shares of company stock valued at $244,741. Company insiders own 11.86% of the company’s stock.

Institutional Investors Weigh In On Sierra Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSRR. SG Americas Securities LLC purchased a new position in Sierra Bancorp in the third quarter valued at about $142,000. Assenagon Asset Management S.A. grew its position in shares of Sierra Bancorp by 24.0% during the third quarter. Assenagon Asset Management S.A. now owns 74,000 shares of the financial services provider’s stock worth $2,137,000 after buying an additional 14,335 shares in the last quarter. Financial Management Professionals Inc. bought a new stake in shares of Sierra Bancorp in the third quarter worth $29,000. Los Angeles Capital Management LLC increased its stake in shares of Sierra Bancorp by 21.2% in the third quarter. Los Angeles Capital Management LLC now owns 46,013 shares of the financial services provider’s stock worth $1,329,000 after buying an additional 8,033 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in Sierra Bancorp by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 74,994 shares of the financial services provider’s stock valued at $2,166,000 after acquiring an additional 3,752 shares during the last quarter. Hedge funds and other institutional investors own 55.40% of the company’s stock.

About Sierra Bancorp

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. It accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts.