Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Research analysts at National Bank Financial lowered their FY2025 EPS estimates for Sandstorm Gold in a research report issued to clients and investors on Wednesday, May 7th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $0.21 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.
A number of other analysts also recently issued reports on SAND. Raymond James set a $9.75 price objective on shares of Sandstorm Gold and gave the company an "outperform" rating in a report on Wednesday, May 7th. HC Wainwright boosted their price objective on shares of Sandstorm Gold from $11.50 to $11.75 and gave the company a "buy" rating in a report on Thursday, May 8th. Scotiabank boosted their price objective on shares of Sandstorm Gold from $7.25 to $8.25 and gave the company a "sector perform" rating in a report on Monday, April 14th. Royal Bank of Canada boosted their price objective on shares of Sandstorm Gold from $6.50 to $7.00 and gave the company an "outperform" rating in a report on Friday, April 4th. Finally, StockNews.com downgraded shares of Sandstorm Gold from a "buy" rating to a "hold" rating in a report on Tuesday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Sandstorm Gold currently has a consensus rating of "Moderate Buy" and a consensus target price of $9.25.
Check Out Our Latest Research Report on SAND
Sandstorm Gold Stock Performance
Shares of SAND traded down $0.02 during midday trading on Monday, reaching $8.14. The stock had a trading volume of 1,283,369 shares, compared to its average volume of 3,631,221. The firm has a market cap of $2.38 billion, a PE ratio of 162.53 and a beta of 0.48. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. The firm has a 50 day simple moving average of $7.72 and a 200-day simple moving average of $6.50. Sandstorm Gold has a one year low of $4.92 and a one year high of $8.91.
Sandstorm Gold (NYSE:SAND - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.04 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 firm had revenue of $50.10 million during the quarter, compared to the consensus estimate of $71.61 million.
Hedge Funds Weigh In On Sandstorm Gold
Institutional investors have recently added to or reduced their stakes in the stock. Ancora Advisors LLC grew its holdings in Sandstorm Gold by 49.5% during the 1st quarter. Ancora Advisors LLC now owns 597,250 shares of the company's stock worth $4,509,000 after acquiring an additional 197,710 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in Sandstorm Gold during the first quarter worth $4,443,000. Royal Bank of Canada boosted its stake in Sandstorm Gold by 12.3% during the first quarter. Royal Bank of Canada now owns 65,526 shares of the company's stock worth $494,000 after acquiring an additional 7,189 shares in the last quarter. Trexquant Investment LP boosted its stake in Sandstorm Gold by 18.1% during the first quarter. Trexquant Investment LP now owns 781,562 shares of the company's stock worth $5,901,000 after acquiring an additional 119,504 shares in the last quarter. Finally, FORA Capital LLC acquired a new position in Sandstorm Gold during the first quarter worth $121,000. 51.97% of the stock is currently owned by institutional investors and hedge funds.
Sandstorm Gold Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 14th were given a dividend of $0.014 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Monday, April 14th. Sandstorm Gold's dividend payout ratio is 50.00%.
Sandstorm Gold Company Profile
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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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