Sierra Bancorp (NASDAQ:BSRR) announced a quarterly dividend on Friday, July 21st, Wall Street Journal reports. Shareholders of record on Thursday, August 3rd will be given a dividend of 0.14 per share by the financial services provider on Thursday, August 17th. This represents a $0.56 annualized dividend and a yield of 2.32%. The ex-dividend date is Tuesday, August 1st.

Sierra Bancorp (NASDAQ BSRR) traded down 0.42% during midday trading on Friday, reaching $23.99. 27,147 shares of the company’s stock traded hands. The firm has a market cap of $331.81 million, a price-to-earnings ratio of 18.33 and a beta of 0.85. Sierra Bancorp has a 1-year low of $16.98 and a 1-year high of $29.50. The stock’s 50 day moving average price is $24.64 and its 200 day moving average price is $26.15.

Sierra Bancorp (NASDAQ:BSRR) last posted its quarterly earnings data on Monday, April 24th. The financial services provider reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by $0.02. Sierra Bancorp had a net margin of 19.99% and a return on equity of 8.79%. The firm had revenue of $22.02 million during the quarter, compared to the consensus estimate of $22.35 million. Equities research analysts anticipate that Sierra Bancorp will post $1.30 EPS for the current year.

Several brokerages recently issued reports on BSRR. DA Davidson raised shares of Sierra Bancorp from a “neutral” rating to a “buy” rating and set a $30.00 target price on the stock in a research note on Tuesday, May 23rd. Zacks Investment Research raised shares of Sierra Bancorp from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research note on Tuesday, July 11th. ValuEngine raised shares of Sierra Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $27.00 target price on shares of Sierra Bancorp in a research note on Friday, July 14th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $26.88.

In other Sierra Bancorp news, Director Robb Evans acquired 1,000 shares of the stock in a transaction on Friday, April 28th. The shares were purchased at an average price of $25.39 per share, for a total transaction of $25,390.00. Following the completion of the acquisition, the director now owns 15,000 shares in the company, valued at approximately $380,850. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 15.24% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Sierra Bancorp (BSRR) Declares $0.14 Quarterly Dividend” was reported by American Banking News and is the property of of American Banking News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.americanbankingnews.com/2017/07/21/sierra-bancorp-bsrr-declares-0-14-quarterly-dividend.html.

Sierra Bancorp Company Profile

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.

Dividend History for Sierra Bancorp (NASDAQ:BSRR)

Receive News & Ratings for Sierra Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.