FY2025 EPS Forecast for Sandstorm Gold Decreased by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Raymond James lowered their FY2025 earnings per share (EPS) estimates for Sandstorm Gold in a research report issued on Wednesday, February 19th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.15 for the year, down from their prior forecast of $0.16. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.19 per share.

Several other brokerages have also recently weighed in on SAND. HC Wainwright dropped their price objective on Sandstorm Gold from $12.00 to $11.50 and set a “buy” rating for the company in a report on Wednesday. StockNews.com cut Sandstorm Gold from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Sandstorm Gold has an average rating of “Hold” and an average price target of $8.38.

Sandstorm Gold Stock Performance

NYSE:SAND opened at $6.19 on Friday. The stock has a market cap of $1.83 billion, a P/E ratio of 123.72 and a beta of 1.10. The stock has a 50 day simple moving average of $5.82 and a 200 day simple moving average of $5.80. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. Sandstorm Gold has a 1-year low of $3.99 and a 1-year high of $6.67.

Sandstorm Gold (NYSE:SAND) last released its quarterly earnings results on Tuesday, February 18th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). The firm had revenue of $47.40 million for the quarter, compared to analyst estimates of $67.49 million. Sandstorm Gold had a return on equity of 0.98% and a net margin of 8.11%. During the same period in the previous year, the business posted ($0.04) earnings per share.

Hedge Funds Weigh In On Sandstorm Gold

Hedge funds and other institutional investors have recently modified their holdings of the business. Cantor Fitzgerald L. P. bought a new position in shares of Sandstorm Gold in the 4th quarter valued at $56,000. Lifeworks Advisors LLC bought a new position in shares of Sandstorm Gold in the 4th quarter valued at $57,000. Allworth Financial LP bought a new position in shares of Sandstorm Gold in the 3rd quarter valued at $60,000. Meixler Investment Management Ltd. bought a new position in shares of Sandstorm Gold in the 4th quarter valued at $66,000. Finally, JTC Employer Solutions Trustee Ltd bought a new position in shares of Sandstorm Gold in the 4th quarter valued at $72,000. Institutional investors own 51.97% of the company’s stock.

Sandstorm Gold Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were paid a $0.02 dividend. This is a positive change from Sandstorm Gold’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, January 21st. This represents a $0.08 annualized dividend and a dividend yield of 1.29%. Sandstorm Gold’s dividend payout ratio (DPR) is presently 100.00%.

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.