BSRR

DA Davidson's Recommendation: DA Davidson has maintained a "Buy" recommendation for Sierra Bancorp (NasdaqGS:BSRR) as of October 28, 2025, with an average one-year price target of $33.28/share, indicating a potential upside of 16.11% from its current price of $28.66/share.

Projected Financials: Sierra Bancorp is projected to achieve annual revenue of $165 million, reflecting a 14.12% increase, with a non-GAAP EPS forecast of 3.20.

Fund Sentiment: There are currently 292 funds reporting positions in Sierra Bancorp, with a slight decrease in the number of owners but an increase in average portfolio weight dedicated to the stock, indicating a bullish sentiment with a put/call ratio of 0.02.

Shareholder Activity: Notable shareholders such as Private Management Group and Vanguard Total Stock Market Index Fund have adjusted their holdings, with some increasing their shares while others have decreased their portfolio allocations in Sierra Bancorp over the last quarter.

Earnings Performance: Sierra Bancorp (BSRR) reported a 13.8% increase in EPS over the past year, significantly surpassing its five-year average growth of 0.1%, with a net profit margin improvement to 28%.

Valuation and Market Position: The company's shares are currently trading at $27.61, well below the estimated fair value of $52.41, and its price-to-earnings ratio of 9.1x is lower than both peer and industry averages, presenting a potential value opportunity for investors.

Growth Challenges: Despite strong margin gains, Sierra Bancorp's revenue growth is forecasted at only 5.7% per year, trailing the broader US market's expected 10.1%, which may limit its near-term upside unless operational efficiencies are maintained.

Investment Outlook: Analysts recognize the company's high-quality earnings and disciplined cost controls, but the slower projected growth compared to larger banks suggests that Sierra Bancorp may lag behind in the dynamic market landscape.