Smart Sand (SND) to Issue Special Dividend of $0.05 on December 16th

Smart Sand (NASDAQ:SND) announced a special dividend on Tuesday, November 18th. Stockholders of record on Tuesday, December 2nd will be paid a dividend of 0.05 per share on Tuesday, December 16th. The ex-dividend date of this dividend is Tuesday, December 2nd.

Smart Sand Trading Up 0.4%

Shares of SND opened at $2.73 on Thursday. Smart Sand has a 52-week low of $1.76 and a 52-week high of $2.83. The stock has a market cap of $118.86 million, a PE ratio of 30.33 and a beta of 0.77. The firm’s fifty day moving average is $2.18 and its two-hundred day moving average is $2.04. The company has a quick ratio of 1.06, a current ratio of 1.70 and a debt-to-equity ratio of 0.03.

Smart Sand (NASDAQ:SND) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.11. The company had revenue of $0.09 million during the quarter, compared to analysts’ expectations of $60.00 million. Smart Sand had a net margin of 1.16% and a negative return on equity of 7.55%. Research analysts forecast that Smart Sand will post 0.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on SND shares. Wall Street Zen raised Smart Sand from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Weiss Ratings raised shares of Smart Sand from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Smart Sand Company Profile

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.