FY2025 EPS Estimate for Sandstorm Gold Cut by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Equities researchers at National Bank Financial reduced their FY2025 earnings per share estimates for Sandstorm Gold in a note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.27 per share for the year, down from their previous forecast of $0.29. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share.

SAND has been the topic of several other reports. HC Wainwright upped their price objective on shares of Sandstorm Gold from $11.50 to $12.00 and gave the company a “buy” rating in a report on Monday, November 11th. StockNews.com downgraded shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a report on Thursday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $8.50.

Sandstorm Gold Stock Up 2.2 %

SAND opened at $6.58 on Thursday. The stock’s fifty day simple moving average is $5.75 and its 200 day simple moving average is $5.78. Sandstorm Gold has a 1-year low of $3.96 and a 1-year high of $6.60. The stock has a market cap of $1.95 billion, a PE ratio of 54.84 and a beta of 1.10. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.26.

Institutional Investors Weigh In On Sandstorm Gold

A number of hedge funds and other institutional investors have recently modified their holdings of SAND. Bank of New York Mellon Corp grew its stake in shares of Sandstorm Gold by 21.0% in the fourth quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company’s stock valued at $78,000 after acquiring an additional 2,416 shares in the last quarter. Swiss National Bank grew its position in shares of Sandstorm Gold by 0.6% during the 4th quarter. Swiss National Bank now owns 501,762 shares of the company’s stock worth $2,805,000 after purchasing an additional 3,000 shares in the last quarter. FNY Investment Advisers LLC increased its holdings in shares of Sandstorm Gold by 20.0% during the fourth quarter. FNY Investment Advisers LLC now owns 24,000 shares of the company’s stock worth $133,000 after purchasing an additional 4,000 shares during the period. Geode Capital Management LLC increased its holdings in shares of Sandstorm Gold by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 129,749 shares of the company’s stock worth $731,000 after purchasing an additional 4,068 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in shares of Sandstorm Gold by 28.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 21,736 shares of the company’s stock valued at $121,000 after buying an additional 4,817 shares in the last quarter. Institutional investors and hedge funds own 51.97% of the company’s stock.

Sandstorm Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.22%. This is a positive change from Sandstorm Gold’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, January 21st. Sandstorm Gold’s dividend payout ratio is currently 50.00%.

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.