Analysts Set Expectations for Sierra Bancorp FY2026 Earnings

Sierra Bancorp (NASDAQ:BSRR) – Stock analysts at DA Davidson lowered their FY2026 earnings estimates for Sierra Bancorp in a research report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings of $3.26 per share for the year, down from their prior forecast of $3.27. The consensus estimate for Sierra Bancorp’s current full-year earnings is $2.95 per share.

Several other brokerages also recently issued reports on BSRR. StockNews.com downgraded Sierra Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, March 20th. Keefe, Bruyette & Woods raised their target price on Sierra Bancorp from $30.00 to $35.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th.

Sierra Bancorp Stock Performance

Shares of BSRR stock opened at $27.91 on Thursday. The company has a market cap of $389.74 million, a P/E ratio of 9.93 and a beta of 0.89. The business has a 50 day moving average of $29.69 and a two-hundred day moving average of $29.73. Sierra Bancorp has a 52 week low of $17.70 and a 52 week high of $35.13. 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 (NASDAQ:BSRR) last posted its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.72 EPS for the quarter, meeting the consensus estimate of $0.72. Sierra Bancorp had a net margin of 19.90% and a return on equity of 11.55%.

Sierra Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Sierra Bancorp’s previous quarterly dividend of $0.24. Sierra Bancorp’s payout ratio is 35.59%.

Insiders Place Their Bets

In related news, Director Julie G. Castle sold 1,104 shares of Sierra Bancorp stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $32.00, for a total transaction of $35,328.00. Following the transaction, the director now directly owns 4,157 shares of the company’s stock, valued at $133,024. The trade was a 20.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael Olague sold 3,563 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $31.15, for a total transaction of $110,987.45. Following the completion of the sale, the executive vice president now directly owns 12,409 shares of the company’s stock, valued at $386,540.35. The trade was a 22.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,393 shares of company stock worth $166,994. 11.86% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. MetLife Investment Management LLC boosted its stake in shares of Sierra Bancorp by 11.3% during the 4th quarter. MetLife Investment Management LLC now owns 8,249 shares of the financial services provider’s stock worth $239,000 after acquiring an additional 838 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Sierra Bancorp by 8.3% in the 4th quarter. BNP Paribas Financial Markets now owns 12,547 shares of the financial services provider’s stock valued at $363,000 after purchasing an additional 966 shares during the period. SG Americas Securities LLC increased its stake in 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 purchasing an additional 997 shares in the last quarter. Two Sigma Advisers LP raised its holdings in Sierra Bancorp by 8.7% during the 4th quarter. Two Sigma Advisers LP now owns 12,500 shares of the financial services provider’s stock worth $362,000 after buying an additional 1,000 shares during the period. Finally, Jane Street Group LLC lifted its stake 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 valued at $486,000 after buying an additional 1,484 shares in the last quarter. Institutional investors and hedge funds own 55.40% of the company’s stock.

Sierra Bancorp Company Profile

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.