Sandstorm Gold Ltd (NYSE:SAND – Free Report) – Stock analysts at Cormark lowered their FY2025 earnings per share (EPS) estimates for Sandstorm Gold in a report released on Monday, August 11th. Cormark analyst N. Dion now expects that the company will earn $0.18 per share for the year, down from their previous estimate of $0.20. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share. Cormark also issued estimates for Sandstorm Gold’s FY2026 earnings at $0.28 EPS.
Sandstorm Gold (NYSE:SAND – Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. Sandstorm Gold had a return on equity of 2.38% and a net margin of 17.78%. The firm had revenue of $51.42 million for the quarter, compared to analyst estimates of $68.43 million.
Get Our Latest Stock Analysis on SAND
Sandstorm Gold Trading Up 0.9%
NYSE:SAND opened at $10.63 on Tuesday. Sandstorm Gold has a 1-year low of $5.23 and a 1-year high of $10.64. The business’s 50-day moving average price is $9.55 and its two-hundred day moving average price is $8.12. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 88.58 and a beta of 0.47.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. XTX Topco Ltd grew its stake in Sandstorm Gold by 107.9% in the first quarter. XTX Topco Ltd now owns 75,471 shares of the company’s stock valued at $570,000 after purchasing an additional 39,172 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in Sandstorm Gold by 62.0% in the first quarter. Oppenheimer Asset Management Inc. now owns 26,916 shares of the company’s stock valued at $203,000 after purchasing an additional 10,302 shares in the last quarter. D.A. Davidson & CO. bought a new position in Sandstorm Gold in the first quarter valued at approximately $414,000. Deutsche Bank AG grew its stake in Sandstorm Gold by 4.1% in the fourth quarter. Deutsche Bank AG now owns 552,995 shares of the company’s stock valued at $3,086,000 after purchasing an additional 21,858 shares in the last quarter. Finally, Alps Advisors Inc. bought a new position in Sandstorm Gold in the first quarter valued at approximately $624,000. 51.97% of the stock is currently owned by institutional investors.
Sandstorm Gold Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Investors of record on Tuesday, July 15th were issued a dividend of $0.02 per share. The ex-dividend date was Tuesday, July 15th. This is a boost from Sandstorm Gold’s previous quarterly dividend of $0.01. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.8%. Sandstorm Gold’s dividend payout ratio is 50.00%.
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.
See Also
- Five stocks we like better than Sandstorm Gold
- What Investors Need to Know to Beat the Market
- NFL and WWE Land on ESPN—The Impact on Disney and TKO Stocks
- What Are Dividend Contenders? Investing in Dividend Contenders
- If Qualcomm Holds $145, Its Next Move Could Be Massive
- 3 Fintech Stocks With Good 2021 Prospects
- Intel’s White House Reset: From Political Storm to a Clearer Sky
Receive News & Ratings for Sandstorm Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandstorm Gold and related companies with MarketBeat.com's FREE daily email newsletter.