Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Equities research analysts at Cormark issued their FY2026 earnings per share (EPS) estimates for Sandstorm Gold in a report issued on Thursday, May 8th. Cormark analyst N. Dion forecasts that the company will earn $0.27 per share for the year. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share.
A number of other research firms have also issued reports on SAND. Royal Bank of Canada increased their target price on Sandstorm Gold from $6.50 to $7.00 and gave the company an "outperform" rating in a research note on Friday, April 4th. Scotiabank increased their target price on Sandstorm Gold from $7.25 to $8.25 and gave the company a "sector perform" rating in a research note on Monday, April 14th. StockNews.com upgraded Sandstorm Gold from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th. HC Wainwright increased 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. Finally, Raymond James set a $9.75 price objective on Sandstorm Gold and gave the company an "outperform" rating in a research note on Wednesday. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $9.25.
View Our Latest Stock Analysis on Sandstorm Gold
Sandstorm Gold Price Performance
SAND stock opened at $8.81 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.29 and a current ratio of 1.95. Sandstorm Gold has a 1 year low of $4.92 and a 1 year high of $8.91. The firm has a market cap of $2.59 billion, a P/E ratio of 176.24 and a beta of 0.48. The stock has a 50-day simple moving average of $7.58 and a 200-day simple moving average of $6.45.
Sandstorm Gold (NYSE:SAND - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. The company had revenue of $50.10 million during the quarter, compared to analyst estimates of $71.61 million.
Sandstorm Gold Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 14th were paid a dividend of $0.014 per share. The ex-dividend date was Monday, April 14th. This represents a $0.06 dividend on an annualized basis and a yield of 0.63%. Sandstorm Gold's dividend payout ratio (DPR) is presently 50.00%.
Institutional Investors Weigh In On Sandstorm Gold
A number of hedge funds have recently bought and sold shares of the business. Cantor Fitzgerald L. P. bought a new position in Sandstorm Gold during the 4th quarter worth approximately $56,000. Lifeworks Advisors LLC bought a new position in Sandstorm Gold during the 4th quarter worth approximately $57,000. Meixler Investment Management Ltd. bought a new position in Sandstorm Gold during the 4th quarter worth approximately $66,000. JTC Employer Solutions Trustee Ltd bought a new position in Sandstorm Gold during the 4th quarter worth approximately $72,000. Finally, Bank of New York Mellon Corp lifted its holdings in Sandstorm Gold by 21.0% during the 4th quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company's stock worth $78,000 after buying an additional 2,416 shares during the last quarter. Institutional investors and hedge funds own 51.97% of the company's stock.
About Sandstorm Gold
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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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