Sierra Bancorp FY2026 EPS Estimate Decreased by DA Davidson

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

BSRR has been the subject of a number of other research reports. Keefe, Bruyette & Woods increased their target price on shares of Sierra Bancorp from $30.00 to $35.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. StockNews.com lowered Sierra Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, March 20th.

Sierra Bancorp Stock Performance

BSRR stock opened at $27.91 on Thursday. The firm has a 50 day simple moving average of $29.69 and a 200 day simple moving average of $29.73. Sierra Bancorp has a 52 week low of $17.70 and a 52 week high of $35.13. The stock has a market cap of $389.74 million, a P/E ratio of 9.93 and a beta of 0.89. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.79.

Sierra Bancorp (NASDAQ:BSRR) last announced its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.72 EPS for the quarter, hitting analysts’ consensus estimates of $0.72. Sierra Bancorp had a return on equity of 11.55% and a net margin of 19.90%.

Sierra Bancorp Increases Dividend

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

Insider Activity at Sierra Bancorp

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. FMR LLC grew its holdings in Sierra Bancorp by 12.5% during the third quarter. FMR LLC now owns 194,573 shares of the financial services provider’s stock valued at $5,619,000 after purchasing an additional 21,558 shares during the last quarter. State Street Corp boosted its holdings in shares of Sierra Bancorp by 3.6% during the 3rd quarter. State Street Corp now owns 321,257 shares of the financial services provider’s stock worth $9,278,000 after buying an additional 11,095 shares during the period. Jane Street Group LLC grew its stake in Sierra Bancorp by 9.7% in the 3rd 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 during the last quarter. Zacks Investment Management bought a new position in Sierra Bancorp in the 3rd quarter worth $2,818,000. Finally, Barclays PLC lifted its position in 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 acquiring an additional 12,690 shares during the last quarter. 55.40% of the stock is owned by institutional investors.

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.