Sandstorm Gold Ltd. (NYSE:SAND – Free Report) – Research analysts at National Bank Financial lowered their FY2025 earnings per share estimates for Sandstorm Gold in a research note issued to investors on Wednesday, May 7th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $0.21 for the year, down from their previous estimate of $0.27. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share. National Bank Financial also issued estimates for Sandstorm Gold’s FY2026 earnings at $0.26 EPS.
Other research analysts have also recently issued reports about the stock. Scotiabank boosted their target price on shares of Sandstorm Gold from $7.25 to $8.25 and gave the stock a “sector perform” rating in a research report on Monday, April 14th. Royal Bank of Canada lifted their target price on Sandstorm Gold from $6.50 to $7.00 and gave the stock an “outperform” rating in a research report on Friday, April 4th. StockNews.com lowered shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a research note on Tuesday. HC Wainwright raised their target price on Sandstorm Gold from $11.50 to $11.75 and gave the company a “buy” rating in a research note on Thursday, May 8th. Finally, Raymond James set a $9.75 price objective on Sandstorm Gold and gave the stock an “outperform” rating in a research report on Wednesday, May 7th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $9.25.
Sandstorm Gold Stock Performance
NYSE:SAND opened at $8.11 on Monday. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. Sandstorm Gold has a twelve month low of $4.92 and a twelve month high of $8.91. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 162.23 and a beta of 0.48. The firm’s fifty day simple moving average is $7.65 and its 200 day simple moving average is $6.48.
Sandstorm Gold (NYSE:SAND – Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). The company had revenue of $50.10 million for the quarter, compared to analyst estimates of $71.61 million. Sandstorm Gold had a return on equity of 0.98% and a net margin of 8.11%.
Sandstorm Gold Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 14th were issued a $0.014 dividend. The ex-dividend date of this dividend was Monday, April 14th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.69%. Sandstorm Gold’s payout ratio is currently 50.00%.
Hedge Funds Weigh In On Sandstorm Gold
A number of hedge funds have recently modified their holdings of SAND. Money Concepts Capital Corp grew its stake in Sandstorm Gold by 0.9% during the 1st quarter. Money Concepts Capital Corp now owns 179,107 shares of the company’s stock valued at $1,352,000 after acquiring an additional 1,608 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Sandstorm Gold by 2.1% in the first quarter. SG Americas Securities LLC now owns 111,762 shares of the company’s stock worth $844,000 after acquiring an additional 2,307 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Sandstorm Gold by 21.0% during the fourth quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company’s stock valued at $78,000 after buying an additional 2,416 shares during the last quarter. PFG Investments LLC lifted its position in shares of Sandstorm Gold by 8.8% in the 1st quarter. PFG Investments LLC now owns 34,979 shares of the company’s stock worth $264,000 after acquiring an additional 2,829 shares during the period. Finally, Swiss National Bank increased its holdings in Sandstorm Gold by 0.6% in the 4th quarter. Swiss National Bank now owns 501,762 shares of the company’s stock valued at $2,805,000 after buying an additional 3,000 shares during the period. 51.97% of the stock is currently owned by institutional investors and hedge funds.
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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