FY2025 EPS Estimates for Sandstorm Gold Cut by HC Wainwright

Sandstorm Gold Ltd. (NYSE:SAND) – Stock analysts at HC Wainwright decreased their FY2025 earnings per share (EPS) estimates for shares of Sandstorm Gold in a report released on Wednesday, February 19th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.08 per share for the year, down from their previous estimate of $0.10. HC Wainwright currently has a “Buy” rating and a $11.50 target price on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share.

Sandstorm Gold (NYSE:SAND) last released its 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 company had revenue of $47.40 million for the quarter, compared to the consensus estimate of $67.49 million. Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. During the same period in the prior year, the firm posted ($0.04) EPS.

Separately, StockNews.com cut Sandstorm Gold from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Sandstorm Gold has an average rating of “Hold” and a consensus target price of $8.38.

Sandstorm Gold Stock Performance

NYSE SAND opened at $5.99 on Friday. The business’s 50 day moving average price is $5.83 and its 200-day moving average price is $5.81. Sandstorm Gold has a fifty-two week low of $3.99 and a fifty-two week high of $6.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.29 and a current ratio of 1.95. The company has a market cap of $1.77 billion, a P/E ratio of 119.72 and a beta of 1.10.

Hedge Funds Weigh In On Sandstorm Gold

A number of large investors have recently bought and sold shares of SAND. Private Advisor Group LLC boosted its holdings in Sandstorm Gold by 2.2% during the 3rd quarter. Private Advisor Group LLC now owns 314,963 shares of the company’s stock valued at $1,890,000 after acquiring an additional 6,669 shares during the period. Allworth Financial LP purchased a new stake in shares of Sandstorm Gold in the 3rd quarter worth $60,000. Pullen Investment Management LLC lifted its holdings in shares of Sandstorm Gold by 14.0% in the 3rd quarter. Pullen Investment Management LLC now owns 125,360 shares of the company’s stock worth $752,000 after buying an additional 15,384 shares during the period. Intact Investment Management Inc. lifted its holdings in shares of Sandstorm Gold by 195.0% in the 3rd quarter. Intact Investment Management Inc. now owns 130,100 shares of the company’s stock worth $781,000 after buying an additional 86,000 shares during the period. Finally, Aigen Investment Management LP lifted its holdings in shares of Sandstorm Gold by 32.4% in the 3rd quarter. Aigen Investment Management LP now owns 42,385 shares of the company’s stock worth $254,000 after buying an additional 10,363 shares during the period. Hedge funds and other institutional investors own 51.97% of the company’s stock.

Sandstorm Gold Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were issued a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, January 21st. This represents a $0.08 dividend on an annualized basis and a yield of 1.34%. This is a boost from Sandstorm Gold’s previous quarterly dividend of $0.02. Sandstorm Gold’s payout ratio is presently 120.02%.

Sandstorm Gold Company Profile

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.