Smart Sand (NASDAQ:SND) Declares $0.10 Dividend

Key Points

• Smart Sand declared a $0.10 per share dividend, with an ex-dividend and record date of April 22 and a payment date of May 5.
• The company beat Q4 estimates with $0.03 EPS (vs. -$0.03 expected) and $86.05M revenue (vs. $60M expected), has a market cap of $211.6M and a P/E of 162, and analysts forecast ~0.07 EPS for the year.

Smart Sand (NASDAQ:SND - Get Free Report) declared a dividend on Thursday, April 9th. Investors of record on Wednesday, April 22nd will be given a dividend of 0.10 per share on Tuesday, May 5th. The ex-dividend date of this dividend is Wednesday, April 22nd.

Smart Sand Trading Down 2.2%

NASDAQ:SND opened at $4.86 on Friday. Smart Sand has a 12-month low of $1.76 and a 12-month high of $5.84. The firm has a market capitalization of $211.60 million, a P/E ratio of 162.00 and a beta of 0.36. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.76 and a quick ratio of 1.14. The business has a 50 day simple moving average of $4.73 and a 200 day simple moving average of $3.65.

Smart Sand (NASDAQ:SND - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.06. Smart Sand had a negative return on equity of 8.67% and a net margin of 0.41%.The business had revenue of $86.05 million during the quarter, compared to analyst estimates of $60.00 million. Equities research analysts predict that Smart Sand will post 0.07 EPS for the current year.

Smart Sand Company Profile

Smart Sand, Inc NASDAQ: SND is a U.S.-based industrial mineral company specializing in the mining, processing and distribution of high-purity silica sand. The company's primary business centers on the production of frac sand for the oil and gas industry, as well as specialty sand products for foundry, glass and construction applications. Through an integrated network of mines, processing plants and trans-load facilities, Smart Sand delivers precision-engineered sand solutions designed to meet stringent performance and purity requirements.

Smart Sand's operations include flagship mining and processing facilities in Wisconsin, which supply Northern White silica sand, and production sites in Texas, strategically located to serve major U.S.

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