Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Sierra Bancorp (BSRR)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$67.42 - $179.97$103.29
Multi-Stage$46.62 - $50.90$48.72
Blended Fair Value$76.00
Current Price$28.91
Upside162.90%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.77%11.06%0.980.991.000.950.880.810.700.570.470.41
YoY Growth---0.58%-1.47%5.19%8.40%7.72%16.14%22.96%21.96%14.91%18.58%
Dividend Yield--3.51%5.09%5.81%3.81%3.27%4.63%2.84%2.14%1.70%2.24%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)39.80
(-) Cash Dividends Paid (M)13.80
(=) Cash Retained (M)26.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7.964.972.98
Cash Retained (M)26.0026.0026.00
(-) Cash Required (M)-7.96-4.97-2.98
(=) Excess Retained (M)18.0421.0223.01
(/) Shares Outstanding (M)13.9213.9213.92
(=) Excess Retained per Share1.301.511.65
LTM Dividend per Share0.990.990.99
(+) Excess Retained per Share1.301.511.65
(=) Adjusted Dividend2.292.502.65
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate5.50%6.50%7.50%
Fair Value$67.42$103.29$179.97
Upside / Downside133.19%257.27%522.51%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)39.8042.3845.1448.0751.2054.5356.16
Payout Ratio34.68%45.74%56.81%67.87%78.94%90.00%92.50%
Projected Dividends (M)13.8019.3925.6432.6340.4149.0751.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)17.6117.7717.94
Year 2 PV (M)21.1521.5521.96
Year 3 PV (M)24.4425.1425.85
Year 4 PV (M)27.4928.5529.63
Year 5 PV (M)30.3131.7833.30
PV of Terminal Value (M)527.79553.28579.75
Equity Value (M)648.79678.07708.43
Shares Outstanding (M)13.9213.9213.92
Fair Value$46.62$48.72$50.90
Upside / Downside61.25%68.53%76.08%

High-Yield Dividend Screener

« Prev Page 2 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0081.HKChina Overseas Grand Oceans Group Limited15.97%$0.3160.87%
QRF.BRQrf Comm. VA15.92%$1.6488.42%
INC-UN.TOIncome Financial Trust15.90%$1.4843.23%
QRI.AXQualitas Real Estate Income Fund15.90%$0.2594.00%
9172.KLFormosa Prosonic Industries Berhad15.89%$0.1872.55%
1099.HKSinopharm Group Co. Ltd.15.88%$3.1363.13%
XBBDC.MCBanco Bradesco S.A.15.82%$0.4623.31%
LPIN.JKPT Multi Prima Sejahtera Tbk15.59%$69.5396.86%
LFG.AXLiberty Financial Group Limited15.46%$0.6679.98%
ALPDX.PAPiscines Desjoyaux S.A.15.43%$2.0088.06%
2660.HKZengame Technology Holding Limited15.29%$0.3942.93%
CD3.AXCD Private Equity Fund III15.14%$0.1791.41%
PAGSPagSeguro Digital Ltd.15.12%$1.4619.46%
0912.HKSuga International Holdings Limited15.10%$0.1669.91%
RUI.PARubis15.03%$4.8772.73%
WAM.AXWAM Capital Limited15.01%$0.2767.95%
0113.HKDickson Concepts (International) Limited15.00%$0.8467.46%
0830.HKChina State Construction Development Holdings Limited14.96%$0.1834.59%
FFARM.ASForFarmers N.V.14.96%$0.6785.82%
BM.BKBangkok Sheet Metal Public Company Limited14.94%$0.1777.02%
DGS.TODividend Growth Split Corp.14.90%$1.1529.30%
6110.HKTopsports International Holdings Limited14.83%$0.4376.21%
GLB.AXGlobe International Limited14.83%$0.3872.14%
MOT.AXMetrics Income Opportunities Trust14.82%$0.2879.33%
CIQ-UN.TOCanadian High Income Equity Fund14.80%$1.0424.28%
BBVA.DEBanco Bilbao Vizcaya Argentaria, S.A.14.69%$0.6438.92%
601169.SSBank of Beijing Co., Ltd.14.63%$0.8064.51%
0184.HKKeck Seng Investments (Hong Kong) Limited14.62%$0.3123.90%
0881.HKZhongsheng Group Holdings Limited14.56%$1.7065.93%
6626.HKYuexiu Services Group Limited14.51%$0.3664.32%
ALNU.MEPJSC ALROSA-Nyurba14.51%$9,491.6654.89%
NONG.OLSpareBank 1 Nord-Norge14.36%$21.7372.60%
0640.HKInfinity Development Holdings Company Limited14.32%$0.3651.92%
2558.HKJinshang Bank Co., Ltd.14.28%$0.2031.14%
0270.HKGuangdong Investment Limited14.27%$0.9899.44%
0517.HKCOSCO SHIPPING International (Hong Kong) Co., Ltd.14.01%$0.8888.71%
2560.HKAnhui Conch Material Technology Co Ltd14.01%$0.2449.79%
WTCM.MEJoint Stock Company "World Trade Center Moscow"13.98%$1.9924.33%
6186.HKChina Feihe Limited13.94%$0.5681.20%
601186.SSChina Railway Construction Corporation Limited13.92%$1.0764.40%
CFEB.BRCompagnie d'Entreprises CFE S.A.13.92%$1.2171.32%
PMV.AXPremier Investments Limited13.92%$1.9251.67%
601229.SSBank of Shanghai Co., Ltd.13.82%$1.4093.74%
2120.HKWenzhou Kangning Hospital Co., Ltd.13.78%$1.3769.01%
DLNGDynagas LNG Partners LP13.72%$0.5131.08%
MXT.AXMetrics Master Income Trust13.71%$0.2785.17%
0085.HKChina Electronics Huada Technology Company Limited13.70%$0.1947.52%
0046.HKComputer And Technologies Holdings Limited13.69%$0.2285.50%
601328.SSBank of Communications Co., Ltd.13.66%$0.9992.22%
AKER.OLAker ASA13.66%$106.4372.10%