FY2025 EPS Estimate for Sandstorm Gold Decreased by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Equities research analysts at Raymond James cut their FY2025 earnings per share (EPS) estimates for Sandstorm Gold in a research report issued to clients and investors on Wednesday, February 19th. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.15 per share for the year, down from their prior estimate of $0.16. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share.

A number of other research firms have also 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 research note on Wednesday. StockNews.com lowered Sandstorm Gold from a “buy” rating to a “hold” rating in a research note 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, the stock 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 firm has a market cap of $1.77 billion, a PE ratio of 119.72 and a beta of 1.10. 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 business has a 50 day moving average price of $5.83 and a 200-day moving average price of $5.81.

Sandstorm Gold (NYSE:SAND) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The company had revenue of $47.40 million for the quarter, compared to analysts’ expectations 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 last year, the company posted ($0.04) EPS.

Sandstorm Gold Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors 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 dividend on an annualized basis and a yield of 1.34%. Sandstorm Gold’s dividend payout ratio (DPR) is presently 120.02%.

Hedge Funds Weigh In On Sandstorm Gold

A number of institutional investors have recently added to or reduced their stakes in SAND. Cantor Fitzgerald L. P. bought a new position in Sandstorm Gold in the fourth quarter worth $56,000. Lifeworks Advisors LLC bought a new position in Sandstorm Gold in the fourth quarter worth $57,000. Allworth Financial LP bought a new position in Sandstorm Gold in the third quarter worth $60,000. Meixler Investment Management Ltd. bought a new position in Sandstorm Gold in the fourth quarter worth $66,000. Finally, JTC Employer Solutions Trustee Ltd bought a new position in Sandstorm Gold in the fourth quarter worth $72,000. 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.