What is Stifel Canada's Estimate for SLI FY2028 Earnings?

Standard Lithium Ltd. (NYSE:SLI - Free Report) - Analysts at Stifel Canada issued their FY2028 earnings estimates for shares of Standard Lithium in a note issued to investors on Thursday, May 29th. Stifel Canada analyst C. Mcgill anticipates that the company will post earnings per share of $0.19 for the year. The consensus estimate for Standard Lithium's current full-year earnings is ($0.09) per share. Stifel Canada also issued estimates for Standard Lithium's FY2029 earnings at $0.28 EPS.

Standard Lithium Stock Up 3.3%

SLI traded up $0.05 during trading hours on Monday, hitting $1.57. 2,648,168 shares of the company's stock were exchanged, compared to its average volume of 1,779,127. The stock has a market cap of $304.48 million, a price-to-earnings ratio of 2.66 and a beta of 1.61. Standard Lithium has a 1-year low of $1.07 and a 1-year high of $2.64. The stock's 50-day moving average is $1.45 and its two-hundred day moving average is $1.49.

Institutional Investors Weigh In On Standard Lithium

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stephens Inc. AR increased its position in shares of Standard Lithium by 3.4% in the first quarter. Stephens Inc. AR now owns 247,005 shares of the company's stock valued at $314,000 after acquiring an additional 8,150 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Standard Lithium by 7.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 117,757 shares of the company's stock valued at $150,000 after purchasing an additional 8,340 shares in the last quarter. LPL Financial LLC increased its position in shares of Standard Lithium by 11.2% during the 4th quarter. LPL Financial LLC now owns 85,261 shares of the company's stock worth $124,000 after purchasing an additional 8,584 shares during the last quarter. Simmons Bank raised its stake in shares of Standard Lithium by 17.7% during the 4th quarter. Simmons Bank now owns 66,476 shares of the company's stock worth $97,000 after purchasing an additional 10,000 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Standard Lithium in the 4th quarter valued at approximately $29,000. 16.77% of the stock is owned by institutional investors.

About Standard Lithium

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.