FY2026 EPS Estimates for Sandstorm Gold Lowered by Analyst

Sandstorm Gold Ltd (NYSE:SAND - Free Report) - Investment analysts at Stifel Canada lowered their FY2026 earnings per share estimates for shares of Sandstorm Gold in a research report issued to clients and investors on Monday, July 21st. Stifel Canada analyst I. Rico now forecasts that the company will post earnings per share of $0.23 for the year, down from their prior forecast of $0.24. Stifel Canada has a "Hold" rating on the stock. 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 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). Sandstorm Gold had a net margin of 15.80% and a return on equity of 2.00%. The company had revenue of $50.10 million during the quarter, compared to analysts' expectations of $71.61 million.

Several other analysts have also recently commented on SAND. TD Securities cut Sandstorm Gold from a "buy" rating to a "sell" rating and set a $14.00 price target for the company. in a report on Thursday, July 10th. Scotiabank raised their price target on Sandstorm Gold from $7.25 to $8.25 and gave the company a "sector perform" rating in a report on Monday, April 14th. HC Wainwright raised their price target on Sandstorm Gold from $11.50 to $11.75 and gave the company a "buy" rating in a report on Thursday, May 8th. Wall Street Zen raised Sandstorm Gold from a "hold" rating to a "buy" rating in a report on Wednesday, May 21st. Finally, Raymond James Financial set a $9.75 price objective on Sandstorm Gold and gave the stock an "outperform" rating in a report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $10.15.

Sandstorm Gold Price Performance

Shares of SAND traded down $0.17 during mid-day trading on Thursday, hitting $9.38. The company's stock had a trading volume of 7,407,550 shares, compared to its average volume of 5,970,810. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.24. The firm has a 50-day simple moving average of $9.30 and a 200 day simple moving average of $7.79. The firm has a market capitalization of $2.75 billion, a P/E ratio of 93.81 and a beta of 0.46. Sandstorm Gold has a 1-year low of $4.92 and a 1-year high of $10.44.

Hedge Funds Weigh In On Sandstorm Gold

A number of institutional investors have recently made changes to their positions in the stock. Ritholtz Wealth Management acquired a new position in shares of Sandstorm Gold in the second quarter worth $201,000. TD Asset Management Inc raised its holdings in shares of Sandstorm Gold by 16.6% in the second quarter. TD Asset Management Inc now owns 836,348 shares of the company's stock worth $7,852,000 after acquiring an additional 119,064 shares during the last quarter. Montrusco Bolton Investments Inc. acquired a new position in shares of Sandstorm Gold in the second quarter worth $12,167,000. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Sandstorm Gold by 22.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 24,302 shares of the company's stock worth $228,000 after acquiring an additional 4,517 shares during the last quarter. Finally, Plancorp LLC raised its holdings in shares of Sandstorm Gold by 58.1% in the second quarter. Plancorp LLC now owns 90,364 shares of the company's stock worth $849,000 after acquiring an additional 33,222 shares during the last quarter. 51.97% of the stock is owned by institutional investors and hedge funds.

Sandstorm Gold Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Tuesday, July 15th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.85%. This is a boost from Sandstorm Gold's previous quarterly dividend of $0.01. The ex-dividend date was Tuesday, July 15th. Sandstorm Gold's payout ratio is 60.00%.

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.