FY2025 EPS Estimates for Sandstorm Gold Cut by Raymond James

Sandstorm Gold Ltd. (NYSE:SAND) – Equities research analysts at Raymond James dropped their FY2025 earnings per share estimates for shares of Sandstorm Gold in a research note issued on Wednesday, February 19th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.15 per share 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.

A number of other equities research analysts have also commented on SAND. HC Wainwright reduced their price target on Sandstorm Gold from $12.00 to $11.50 and set a “buy” rating on the stock in a research report on Wednesday. StockNews.com lowered Sandstorm Gold from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Sandstorm Gold has a consensus rating of “Hold” and an average price target of $8.38.

Sandstorm Gold Trading Up 3.4 %

NYSE SAND opened at $6.19 on Friday. The business’s 50-day moving average price is $5.82 and its two-hundred day moving average price is $5.80. Sandstorm Gold has a 12 month low of $3.99 and a 12 month high of $6.67. The firm has a market capitalization of $1.83 billion, a PE ratio of 123.72 and a beta of 1.10. 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 (NYSE:SAND) last issued 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 firm had revenue of $47.40 million for the quarter, compared to the consensus estimate of $67.49 million. Sandstorm Gold had a return on equity of 0.98% and a net margin of 8.11%. During the same quarter in the prior year, the firm earned ($0.04) EPS.

Sandstorm Gold Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.29%. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Tuesday, January 21st. Sandstorm Gold’s payout ratio is currently 100.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SAND. Private Advisor Group LLC lifted its stake in shares of Sandstorm Gold by 2.2% in the 3rd quarter. Private Advisor Group LLC now owns 314,963 shares of the company’s stock valued at $1,890,000 after purchasing an additional 6,669 shares during the period. Allworth Financial LP acquired a new position in shares of Sandstorm Gold in the 3rd quarter valued at about $60,000. Pullen Investment Management LLC lifted its stake 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 valued at $752,000 after purchasing an additional 15,384 shares during the period. Intact Investment Management Inc. raised its stake in Sandstorm Gold by 195.0% during 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 raised its stake in Sandstorm Gold by 32.4% during 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. 51.97% of the stock is owned by institutional investors and hedge funds.

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.