Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Research analysts at National Bank Financial decreased their FY2025 earnings per share estimates for Sandstorm Gold in a note issued to investors on Wednesday, May 7th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.21 per share for the year, down from their previous estimate of $0.27. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share. National Bank Financial also issued estimates for Sandstorm Gold's FY2026 earnings at $0.26 EPS.
Several other research analysts have also recently issued reports on SAND. Royal Bank of Canada increased their price objective on Sandstorm Gold from $6.50 to $7.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Raymond James set a $9.75 target price on Sandstorm Gold and gave the company an "outperform" rating in a report on Wednesday, May 7th. HC Wainwright upped their target price on Sandstorm Gold from $11.50 to $11.75 and gave the company a "buy" rating in a report on Thursday, May 8th. StockNews.com raised Sandstorm Gold from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th. Finally, Scotiabank upped their target price on Sandstorm Gold from $7.25 to $8.25 and gave the company a "sector perform" rating in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, Sandstorm Gold currently has a consensus rating of "Moderate Buy" and a consensus target price of $9.25.
Check Out Our Latest Analysis on SAND
Sandstorm Gold Price Performance
NYSE:SAND traded down $0.05 during trading hours on Monday, hitting $8.11. The company's stock had a trading volume of 4,318,198 shares, compared to its average volume of 3,618,702. The business's 50-day moving average is $7.61 and its two-hundred day moving average is $6.47. The company has a market capitalization of $2.38 billion, a PE ratio of 162.23 and a beta of 0.48. 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 52-week low of $4.92 and a 52-week high of $8.91.
Sandstorm Gold (NYSE:SAND - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). The business had revenue of $50.10 million during the quarter, compared to analysts' expectations of $71.61 million. Sandstorm Gold had a return on equity of 0.98% and a net margin of 8.11%.
Institutional Investors Weigh In On Sandstorm Gold
Several hedge funds have recently modified their holdings of SAND. Barclays PLC raised 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 buying an additional 23,947 shares during the period. Fiduciary Alliance LLC increased its holdings in Sandstorm Gold by 119.4% during the 4th quarter. Fiduciary Alliance LLC now owns 22,735 shares of the company's stock worth $127,000 after purchasing an additional 12,375 shares during the last quarter. JTC Employer Solutions Trustee Ltd purchased a new stake in Sandstorm Gold during the 4th quarter worth approximately $72,000. FNY Investment Advisers LLC increased its holdings in Sandstorm Gold by 20.0% during the 4th quarter. FNY Investment Advisers LLC now owns 24,000 shares of the company's stock worth $133,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Ullmann Wealth Partners Group LLC purchased a new stake in Sandstorm Gold during the 4th quarter worth approximately $223,000. 51.97% of the stock is currently owned by hedge funds and other institutional investors.
Sandstorm Gold Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 14th were issued a $0.014 dividend. The ex-dividend date was Monday, April 14th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.69%. Sandstorm Gold's dividend payout ratio (DPR) is 50.00%.
About Sandstorm Gold
(
Get Free Report)
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.
See Also
Before you consider Sandstorm Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sandstorm Gold wasn't on the list.
While Sandstorm Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
