Analysts Issue Forecasts for Sandstorm Gold FY2026 Earnings

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Research analysts at Cormark issued their FY2026 EPS estimates for shares of Sandstorm Gold in a note issued to investors on Thursday, May 8th. Cormark analyst N. Dion anticipates that the company will post earnings per share of $0.27 for the year. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share.

Sandstorm Gold (NYSE:SAND - Get Free Report) last announced its 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 firm had revenue of $50.10 million during the quarter, compared to the consensus estimate of $71.61 million. Sandstorm Gold had a return on equity of 0.98% and a net margin of 8.11%.

Several other research analysts also recently issued reports on the stock. Scotiabank boosted their price objective on shares of Sandstorm Gold from $7.25 to $8.25 and gave the stock a "sector perform" rating in a report on Monday, April 14th. Royal Bank of Canada upped their target price on shares of Sandstorm Gold from $6.50 to $7.00 and gave the company an "outperform" rating in a research note on Friday, April 4th. StockNews.com cut shares of Sandstorm Gold from a "buy" rating to a "hold" rating in a research note on Tuesday. HC Wainwright upped their target price on shares of 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 shares of Sandstorm Gold and gave the stock an "outperform" rating in a research note 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.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $9.25.

Sandstorm Gold Stock Performance

Shares of NYSE:SAND traded up $0.06 on Monday, hitting $8.21. 3,732,376 shares of the company were exchanged, compared to its average volume of 3,654,660. The company's 50 day moving average price is $7.76 and its two-hundred day moving average price is $6.52. Sandstorm Gold has a one year low of $4.92 and a one year high of $8.91. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.29 and a current ratio of 1.95. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 164.13 and a beta of 0.48.

Institutional Trading of Sandstorm Gold

A number of hedge funds have recently modified their holdings of SAND. Sprott Inc. raised its stake in Sandstorm Gold by 77.9% in the 4th quarter. Sprott Inc. now owns 4,465,843 shares of the company's stock worth $24,925,000 after purchasing an additional 1,955,916 shares in the last quarter. Barclays PLC grew its holdings in shares of Sandstorm Gold by 6.4% during the 3rd quarter. Barclays PLC now owns 399,854 shares of the company's stock valued at $2,400,000 after purchasing an additional 23,947 shares during the last quarter. Swiss National Bank grew its holdings in shares of Sandstorm Gold by 0.6% during the 4th quarter. Swiss National Bank now owns 501,762 shares of the company's stock valued at $2,805,000 after purchasing an additional 3,000 shares during the last quarter. Louisbourg Investments Inc. lifted its holdings in shares of Sandstorm Gold by 17.4% during the fourth quarter. Louisbourg Investments Inc. now owns 728,182 shares of the company's stock worth $4,071,000 after purchasing an additional 108,000 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of Sandstorm Gold by 115.3% during the fourth quarter. Renaissance Technologies LLC now owns 1,469,501 shares of the company's stock worth $8,200,000 after purchasing an additional 786,951 shares during the period. Institutional investors and hedge funds own 51.97% of the company's stock.

Sandstorm Gold Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 14th were paid a $0.014 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend was Monday, April 14th. Sandstorm Gold's dividend payout ratio is currently 50.00%.

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.