Brokers Issue Forecasts for Sierra Bancorp Q1 Earnings

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

Other equities analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods increased their target price on 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 note on Friday, January 24th.

Sierra Bancorp Stock Up 2.2 %

BSRR opened at $30.77 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.46. Sierra Bancorp has a twelve month low of $17.69 and a twelve month high of $35.13. The company has a market cap of $442.78 million, a PE ratio of 12.21 and a beta of 0.92. The company has a 50-day moving average price of $30.02 and a 200 day moving average price of $29.33.

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

Institutional Investors Weigh In On Sierra Bancorp

Institutional investors have recently modified their holdings of the company. Financial Management Professionals Inc. acquired a new position in shares of Sierra Bancorp during the 3rd quarter worth about $29,000. SG Americas Securities LLC acquired a new position in Sierra Bancorp in the third quarter valued at approximately $142,000. Franklin Resources Inc. purchased a new position in Sierra Bancorp in the third quarter valued at approximately $216,000. Jane Street Group LLC raised its holdings in Sierra Bancorp by 9.7% during the third quarter. Jane Street Group LLC now owns 16,827 shares of the financial services provider’s stock worth $486,000 after purchasing an additional 1,484 shares in the last quarter. Finally, Barclays PLC lifted its position in shares of Sierra Bancorp by 301.7% during the 3rd quarter. Barclays PLC now owns 16,896 shares of the financial services provider’s stock worth $488,000 after buying an additional 12,690 shares during the last quarter. 55.40% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Sierra Bancorp

In other news, Director Albert L. Berra sold 2,540 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $32.24, for a total transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James C. Holly sold 5,000 shares of Sierra Bancorp stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $28.98, for a total transaction of $144,900.00. Following the completion of the transaction, the director now owns 313,370 shares of the company’s stock, valued at $9,081,462.60. This represents a 1.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,056 shares of company stock worth $244,741 in the last ninety days. Insiders own 11.86% of the company’s stock.

Sierra Bancorp Increases Dividend

The firm also recently disclosed 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 an increase 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 dividend on an annualized basis and a yield of 3.25%. Sierra Bancorp’s dividend payout ratio is presently 38.10%.

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.