FY2025 EPS Forecast for Sandstorm Gold Reduced by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Equities research analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for Sandstorm Gold in a research note issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of $0.27 per share for the year, down from their previous estimate of $0.29. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share.

Several other analysts also recently commented on SAND. HC Wainwright raised their target price on shares of Sandstorm Gold from $11.50 to $12.00 and gave the stock a “buy” rating in a report on Monday, November 11th. StockNews.com downgraded shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a research report on Thursday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $8.50.

Sandstorm Gold Trading Up 2.2 %

NYSE SAND opened at $6.58 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.29 and a quick ratio of 2.29. The stock’s 50-day moving average is $5.75 and its 200-day moving average is $5.78. Sandstorm Gold has a one year low of $3.96 and a one year high of $6.60. The firm has a market cap of $1.95 billion, a P/E ratio of 54.84 and a beta of 1.10.

Sandstorm Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were paid a $0.02 dividend. This is a boost from Sandstorm Gold’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, January 21st. This represents a $0.08 annualized dividend and a yield of 1.22%. Sandstorm Gold’s payout ratio is presently 50.00%.

Hedge Funds Weigh In On Sandstorm Gold

Several hedge funds have recently made changes to their positions in the business. Boston Partners lifted its position in shares of Sandstorm Gold by 39,289.9% in the fourth quarter. Boston Partners now owns 9,812,015 shares of the company’s stock worth $54,751,000 after purchasing an additional 9,787,105 shares in the last quarter. Sprott Inc. lifted its position in Sandstorm Gold by 77.9% during the 4th quarter. Sprott Inc. now owns 4,465,843 shares of the company’s stock worth $24,925,000 after buying an additional 1,955,916 shares in the last quarter. Amundi lifted its position in Sandstorm Gold by 74.9% during the 4th quarter. Amundi now owns 2,890,535 shares of the company’s stock worth $16,447,000 after buying an additional 1,238,050 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Sandstorm Gold by 935.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,330,652 shares of the company’s stock worth $7,432,000 after buying an additional 1,202,144 shares during the last quarter. Finally, U S Global Investors Inc. grew its holdings in shares of Sandstorm Gold by 31.3% in the 4th quarter. U S Global Investors Inc. now owns 909,749 shares of the company’s stock valued at $5,076,000 after acquiring an additional 216,756 shares in the last quarter. 51.97% of the stock is owned by institutional investors.

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.