DA Davidson Predicts Sierra Bancorp Q1 Earnings

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

Other research analysts have also recently issued research reports about the company. StockNews.com cut Sierra Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, January 24th. Keefe, Bruyette & Woods increased 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.

Sierra Bancorp Stock Performance

NASDAQ BSRR opened at $30.77 on Wednesday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $30.02 and its two-hundred day moving average is $29.33. The stock has a market capitalization of $442.78 million, a price-to-earnings ratio of 12.21 and a beta of 0.92. Sierra Bancorp has a 12-month low of $17.69 and a 12-month high of $35.13.

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

Sierra Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be issued a $0.25 dividend. This is a positive change from Sierra Bancorp’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.00 annualized dividend and a yield of 3.25%. Sierra Bancorp’s dividend payout ratio is 38.10%.

Insider Transactions at Sierra Bancorp

In other news, Director James C. Holly sold 5,000 shares of the company’s 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 sale, the director now directly owns 313,370 shares in the company, valued at $9,081,462.60. This represents a 1.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Albert L. Berra sold 2,540 shares of Sierra Bancorp 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 sale, the director now owns 150,063 shares of the company’s stock, 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. Insiders sold 8,056 shares of company stock valued at $244,741 in the last 90 days. 11.86% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sierra Bancorp

Hedge funds have recently modified their holdings of the company. Empowered Funds LLC grew its stake in Sierra Bancorp by 5.0% in the 4th quarter. Empowered Funds LLC now owns 78,761 shares of the financial services provider’s stock worth $2,278,000 after acquiring an additional 3,767 shares during the period. SG Americas Securities LLC raised its position in shares of Sierra Bancorp by 20.3% in the 4th quarter. SG Americas Securities LLC now owns 5,903 shares of the financial services provider’s stock worth $171,000 after buying an additional 997 shares during the period. JPMorgan Chase & Co. boosted its holdings in Sierra Bancorp by 40.6% in the third quarter. JPMorgan Chase & Co. now owns 65,858 shares of the financial services provider’s stock valued at $1,902,000 after acquiring an additional 19,025 shares during the last quarter. Franklin Resources Inc. purchased a new position in shares of Sierra Bancorp in the 3rd quarter worth about $216,000. Finally, Barclays PLC lifted its stake in shares of Sierra Bancorp by 301.7% in the 3rd quarter. Barclays PLC now owns 16,896 shares of the financial services provider’s stock valued at $488,000 after purchasing an additional 12,690 shares in the last quarter. 55.40% of the stock is owned by institutional investors and hedge funds.

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.