FY2025 EPS Estimate for Sandstorm Gold Increased by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Equities researchers at HC Wainwright boosted their FY2025 earnings per share estimates for Sandstorm Gold in a research report issued on Monday, November 11th. HC Wainwright analyst H. Ihle now anticipates that the company will earn $0.10 per share for the year, up from their previous forecast of $0.07. HC Wainwright has a “Buy” rating and a $12.00 price objective on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share.

Several other brokerages also recently issued reports on SAND. StockNews.com downgraded Sandstorm Gold from a “buy” rating to a “hold” rating in a research report on Thursday. Royal Bank of Canada reduced their price target on shares of Sandstorm Gold from $6.50 to $6.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 10th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.35.

Sandstorm Gold Stock Performance

NYSE:SAND opened at $5.50 on Wednesday. The stock has a market capitalization of $1.63 billion, a P/E ratio of 45.79 and a beta of 1.13. 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 1 year low of $3.96 and a 1 year high of $6.50. The firm has a 50 day moving average of $5.98 and a 200-day moving average of $5.72.

Sandstorm Gold (NYSE:SAND) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm 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%.

Sandstorm Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Investors of record on Tuesday, October 15th were given a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 1.09%. This is a positive change from Sandstorm Gold’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Tuesday, October 15th. Sandstorm Gold’s dividend payout ratio (DPR) is presently 41.67%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Walleye Trading LLC bought a new stake in shares of Sandstorm Gold during the third quarter worth approximately $85,000. Walleye Capital LLC raised its position in shares of Sandstorm Gold by 285.7% during the 3rd quarter. Walleye Capital LLC now owns 92,919 shares of the company’s stock valued at $558,000 after acquiring an additional 68,826 shares during the last quarter. FMR LLC acquired a new position in shares of Sandstorm Gold in the 3rd quarter valued at $600,000. Quantbot Technologies LP boosted its position in shares of Sandstorm Gold by 14.4% in the 3rd quarter. Quantbot Technologies LP now owns 132,996 shares of the company’s stock worth $798,000 after purchasing an additional 16,779 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its stake in shares of Sandstorm Gold by 219.0% during the third quarter. Dynamic Technology Lab Private Ltd now owns 47,727 shares of the company’s stock worth $286,000 after purchasing an additional 32,766 shares during the period. 51.97% of the stock is currently owned by institutional investors and hedge funds.

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.