Sandstorm Gold Ltd. (NYSE:SAND – Free Report) – Stock analysts at Scotiabank boosted their FY2025 earnings estimates for Sandstorm Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $0.24 per share for the year, up from their prior forecast of $0.20. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share. Scotiabank also issued estimates for Sandstorm Gold’s FY2026 earnings at $0.20 EPS.
A number of other brokerages have also recently weighed in on SAND. StockNews.com cut shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. HC Wainwright increased their price target on Sandstorm Gold from $11.50 to $12.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $8.50.
Sandstorm Gold Stock Performance
Shares of NYSE SAND opened at $5.71 on Friday. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.26. Sandstorm Gold has a 12-month low of $3.96 and a 12-month high of $6.50. The stock has a 50 day simple moving average of $5.68 and a 200-day simple moving average of $5.73. The company has a market cap of $1.69 billion, a PE ratio of 47.59 and a beta of 1.10.
Sandstorm Gold (NYSE:SAND – Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). The company had revenue of $44.70 million for the quarter, compared to the consensus estimate of $44.70 million. Sandstorm Gold had a net margin of 20.46% and a return on equity of 2.44%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Allworth Financial LP acquired a new stake in Sandstorm Gold during the 3rd quarter valued at $60,000. Walleye Trading LLC purchased a new position in Sandstorm Gold during the 3rd quarter valued at about $85,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Sandstorm Gold in the 2nd quarter valued at about $94,000. Point72 Asset Management L.P. acquired a new stake in shares of Sandstorm Gold during the third quarter worth approximately $153,000. Finally, Quent Capital LLC acquired a new position in Sandstorm Gold in the 3rd quarter valued at approximately $183,000. 51.97% of the stock is owned by hedge funds and other institutional investors.
Sandstorm Gold Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 1.40%. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Tuesday, January 21st. Sandstorm Gold’s dividend payout ratio is currently 41.67%.
About Sandstorm Gold
Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine.
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