Somewhat Favorable News Coverage Somewhat Unlikely to Impact Sierra Bancorp (BSRR) Stock Price

News stories about Sierra Bancorp (NASDAQ:BSRR) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sierra Bancorp earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.9054227611883 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

A number of equities research analysts have issued reports on the stock. ValuEngine lowered shares of Sierra Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, November 25th. Zacks Investment Research upgraded Sierra Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, DA Davidson downgraded Sierra Bancorp from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $28.15.

Sierra Bancorp (NASDAQ:BSRR) traded up $0.14 during trading hours on Monday, hitting $28.05. The stock had a trading volume of 32,409 shares, compared to its average volume of 36,309. Sierra Bancorp has a fifty-two week low of $22.46 and a fifty-two week high of $29.50. The company has a market capitalization of $424.76, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 2.30 and a beta of 0.80. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.76 and a current ratio of 0.76.

Sierra Bancorp (NASDAQ:BSRR) last announced its quarterly earnings results on Monday, October 23rd. The financial services provider reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $24.35 million for the quarter, compared to analyst estimates of $23.90 million. Sierra Bancorp had a return on equity of 9.87% and a net margin of 21.59%. analysts forecast that Sierra Bancorp will post 1.51 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Thursday, November 2nd were paid a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $0.56 annualized dividend and a yield of 2.00%. Sierra Bancorp’s dividend payout ratio (DPR) is presently 37.33%.

In related news, Director Robb Evans bought 1,000 shares of the business’s stock in a transaction on Monday, October 30th. The shares were bought at an average price of $26.00 per share, for a total transaction of $26,000.00. Following the completion of the purchase, the director now directly owns 16,000 shares of the company’s stock, valued at $416,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 20.77% of the stock is owned by insiders.

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About Sierra Bancorp

Sierra Bancorp is a bank holding company for Bank of the Sierra (the Bank). The Bank is a state-chartered bank, which offers a range of retail and commercial banking services. The Bank’s products and services are related to the business of lending money and accepting deposits. Its customers have access to electronic point-of-sale payment alternatives around the country through the Pulse Electronic Funds Transfer (EFT) network.

Insider Buying and Selling by Quarter for Sierra Bancorp (NASDAQ:BSRR)

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