Sandstorm Gold Ltd. (NYSE:SAND – Free Report) – Research analysts at Raymond James raised their FY2025 earnings per share (EPS) estimates for shares of Sandstorm Gold in a report issued on Monday, September 23rd. Raymond James analyst B. Macarthur now expects that the company will earn $0.18 per share for the year, up from their previous forecast of $0.12. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share. Raymond James also issued estimates for Sandstorm Gold’s Q4 2025 earnings at $0.05 EPS.
A number of other equities analysts have also weighed in on SAND. StockNews.com upgraded shares of Sandstorm Gold from a “hold” rating to a “buy” rating in a research report on Friday. HC Wainwright lifted their target price on shares of Sandstorm Gold from $11.00 to $11.50 and gave the company a “buy” rating in a research note on Monday, August 5th. CIBC increased their price target on Sandstorm Gold from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Wednesday, July 10th. Finally, Royal Bank of Canada decreased their price target on Sandstorm Gold from $6.50 to $6.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $8.25.
Sandstorm Gold Trading Down 2.6 %
Shares of NYSE:SAND opened at $6.09 on Thursday. The stock has a 50 day moving average of $5.68 and a 200 day moving average of $5.55. The company has a market cap of $1.81 billion, a PE ratio of 76.13 and a beta of 1.14. Sandstorm Gold has a 12-month low of $3.96 and a 12-month high of $6.38. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.27.
Sandstorm Gold (NYSE:SAND – Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. Sandstorm Gold had a return on equity of 2.06% and a net margin of 17.55%. The business had revenue of $41.37 million during the quarter, compared to analysts’ expectations of $40.50 million. During the same quarter in the prior year, the business posted $0.01 earnings per share.
Sandstorm Gold Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Tuesday, October 15th will be given a dividend of $0.015 per share. This is a positive change from Sandstorm Gold’s previous quarterly dividend of $0.01. The ex-dividend date is Tuesday, October 15th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.99%. Sandstorm Gold’s dividend payout ratio is currently 62.50%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in SAND. Mad River Investors lifted its position in shares of Sandstorm Gold by 1.6% in the second quarter. Mad River Investors now owns 192,069 shares of the company’s stock worth $1,045,000 after buying an additional 3,016 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Sandstorm Gold by 1.1% during the 2nd quarter. Raymond James & Associates now owns 302,128 shares of the company’s stock worth $1,644,000 after acquiring an additional 3,319 shares in the last quarter. Pullen Investment Management LLC boosted its position in shares of Sandstorm Gold by 3.2% during the 2nd quarter. Pullen Investment Management LLC now owns 109,976 shares of the company’s stock valued at $598,000 after acquiring an additional 3,442 shares during the last quarter. Principal Securities Inc. purchased a new position in shares of Sandstorm Gold in the fourth quarter valued at $25,000. Finally, Oxbow Advisors LLC increased its position in Sandstorm Gold by 34.3% in the second quarter. Oxbow Advisors LLC now owns 20,556 shares of the company’s stock worth $112,000 after purchasing an additional 5,254 shares during the last quarter. Institutional investors own 51.97% of the company’s stock.
Sandstorm Gold Company Profile
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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