BSRR Stock Summary and Trading Ideas (Sierra Bancorp | NASDAQ:BSRR)

Sierra Bancorp is a California-based bank holding company, which offers a range of retail and commercial banking services. it offers a wide range of deposit products and services for individuals and businesses including checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's lending activities cover real estate, commercial (including small business), mortgage warehouse, agricultural, and consumer loans, and also offers commercial construction loans and multifamily and agricultural credit facilities among other types of real estate loans.

Sierra Bancorp trades on the NASDAQ stock market under the symbol BSRR.

As of April 26, 2024, BSRR stock price climbed to $20.50 with 20,400 million shares trading.

BSRR has a beta of 0.68, meaning it tends to be less sensitive to market movements. BSRR has a correlation of 0.06 to the broad based SPY ETF.

BSRR has a market cap of $300.28 million. This is considered a Small Cap stock.

Last quarter Sierra Bancorp reported $37 million in Revenue and $.64 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.08.

In the last 3 years, BSRR stock traded as high as $28.92 and as low as $15.01.

The top ETF exchange traded funds that BSRR belongs to (by Net Assets): VTI, IWM, VXF, IWN, AVUV.

BSRR has outperformed the market in the last year with a price return of +32.5% while the SPY ETF gained +26.8%. However, in the short term, BSRR had mixed performance relative to the market. It has underperformed in the last 3 months, returning -5.0% vs +4.5% return in SPY. But in the last 2 weeks, BSRR shares have fared better than the market returning +13.0% compared to SPY -1.9%.

BSRR support price is $19.81 and resistance is $21.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BSRR stock will trade within this expected range on the day.