FY2025 EPS Estimates for Sandstorm Gold Reduced by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Equities researchers at Cormark cut their FY2025 earnings per share estimates for Sandstorm Gold in a report issued on Thursday, February 20th. Cormark analyst N. Dion now anticipates that the company will post earnings of $0.16 per share for the year, down from their prior estimate of $0.19. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share.

Sandstorm Gold (NYSE:SAND) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. The firm had revenue of $47.40 million during the quarter, compared to analyst estimates of $67.49 million. During the same quarter in the previous year, the business earned ($0.04) EPS.

Several other equities research analysts have also commented on the company. HC Wainwright decreased their price target on Sandstorm Gold from $12.00 to $11.50 and set a “buy” rating on the stock in a research note on Wednesday, February 19th. StockNews.com downgraded shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Sandstorm Gold presently has a consensus rating of “Hold” and a consensus price target of $8.38.

Sandstorm Gold Stock Performance

Shares of SAND opened at $6.18 on Monday. The company has a market capitalization of $1.83 billion, a PE ratio of 123.52 and a beta of 1.10. Sandstorm Gold has a 52-week low of $3.99 and a 52-week high of $6.67. The company has a 50-day simple moving average of $5.85 and a 200-day simple moving average of $5.83. The company has a quick ratio of 2.29, a current ratio of 1.95 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On Sandstorm Gold

Several institutional investors have recently bought and sold shares of SAND. Allworth Financial LP acquired a new position in shares of Sandstorm Gold during the third quarter worth about $60,000. Cantor Fitzgerald L. P. bought a new position in Sandstorm Gold during the fourth quarter worth $56,000. Lifeworks Advisors LLC acquired a new position in shares of Sandstorm Gold in the 4th quarter valued at about $57,000. Meixler Investment Management Ltd. acquired a new position in Sandstorm Gold in the fourth quarter valued at approximately $66,000. Finally, JTC Employer Solutions Trustee Ltd bought a new position in Sandstorm Gold during the 4th quarter worth $72,000. 51.97% of the stock is currently owned by hedge funds and other institutional investors.

Sandstorm Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.30%. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, January 21st. Sandstorm Gold’s dividend payout ratio (DPR) is 100.00%.

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.