FY2025 EPS Estimates for Sandstorm Gold Raised by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Stock analysts at HC Wainwright upped their FY2025 earnings estimates for Sandstorm Gold in a research note issued on Monday, November 11th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of $0.10 for the year, up from their prior forecast of $0.07. HC Wainwright currently has a “Buy” rating and a $12.00 target price on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share.

Several other equities research analysts also recently issued reports on the stock. Royal Bank of Canada lowered their price objective on shares of Sandstorm Gold from $6.50 to $6.00 and set an “outperform” rating for the company in a research report on Tuesday, September 10th. StockNews.com downgraded Sandstorm Gold from a “buy” rating to a “hold” rating in a research note on Thursday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $8.35.

Sandstorm Gold Price Performance

Shares of SAND opened at $5.50 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.29 and a current ratio of 2.29. The firm has a market capitalization of $1.63 billion, a PE ratio of 45.79 and a beta of 1.13. The stock has a 50 day simple moving average of $5.98 and a 200 day simple moving average of $5.72. Sandstorm Gold has a 52-week low of $3.96 and a 52-week high of $6.50.

Sandstorm Gold (NYSE:SAND) last posted its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The business had revenue of $44.70 million during the quarter, compared to analyst estimates of $44.70 million. Sandstorm Gold had a net margin of 20.46% and a return on equity of 2.44%.

Sandstorm Gold Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Tuesday, October 15th were paid a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.09%. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Tuesday, October 15th. Sandstorm Gold’s dividend payout ratio is currently 41.67%.

Hedge Funds Weigh In On Sandstorm Gold

Several hedge funds have recently modified their holdings of the stock. Boston Partners bought a new position in Sandstorm Gold in the first quarter valued at approximately $1,902,000. Squarepoint Ops LLC bought a new position in shares of Sandstorm Gold in the second quarter valued at $606,000. Clearbridge Investments LLC increased its holdings in Sandstorm Gold by 48.1% during the first quarter. Clearbridge Investments LLC now owns 384,921 shares of the company’s stock worth $2,021,000 after buying an additional 125,096 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Sandstorm Gold by 42.2% during the second quarter. Dimensional Fund Advisors LP now owns 3,149,232 shares of the company’s stock worth $17,162,000 after acquiring an additional 935,005 shares in the last quarter. Finally, Sagil Capital LLP acquired a new stake in Sandstorm Gold in the second quarter valued at $8,041,000. Institutional investors own 51.97% of the company’s stock.

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.