FY2025 EPS Estimates for Sandstorm Gold Lifted by Scotiabank

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Investment analysts at Scotiabank lifted their FY2025 earnings per share estimates for shares of Sandstorm Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $0.24 for the year, up from their previous forecast of $0.20. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.09 per share. Scotiabank also issued estimates for Sandstorm Gold's FY2026 earnings at $0.20 EPS.

Sandstorm Gold (NYSE:SAND - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). The firm had revenue of $44.70 million for the quarter, compared to analyst estimates of $44.70 million. Sandstorm Gold had a return on equity of 2.44% and a net margin of 20.46%.

A number of other research firms have also recently commented on SAND. StockNews.com cut Sandstorm Gold from a "buy" rating to a "hold" rating in a research note on Thursday, November 14th. HC Wainwright boosted their target price on shares of Sandstorm Gold from $11.50 to $12.00 and gave the company a "buy" rating in a research note on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Sandstorm Gold currently has an average rating of "Hold" and a consensus target price of $8.50.

Sandstorm Gold Stock Performance

Shares of SAND stock traded down $0.04 during trading on Friday, hitting $5.65. The company's stock had a trading volume of 4,899,975 shares, compared to its average volume of 4,511,679. The business has a fifty day moving average of $5.67 and a 200-day moving average of $5.73. The company has a market cap of $1.68 billion, a PE ratio of 47.09 and a beta of 1.10. Sandstorm Gold has a 52 week low of $3.96 and a 52 week high of $6.50. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.26.

Sandstorm Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 21st will be given a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 1.42%. This is a boost from Sandstorm Gold's previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Tuesday, January 21st. Sandstorm Gold's dividend payout ratio is 41.67%.

Institutional Investors Weigh In On Sandstorm Gold

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sagil Capital LLP purchased a new position in Sandstorm Gold during the second quarter valued at $8,041,000. Dimensional Fund Advisors LP increased its stake in shares of Sandstorm Gold by 42.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,149,232 shares of the company's stock worth $17,162,000 after acquiring an additional 935,005 shares in the last quarter. Renaissance Technologies LLC lifted its position in Sandstorm Gold by 31.6% during the 2nd quarter. Renaissance Technologies LLC now owns 472,800 shares of the company's stock valued at $2,572,000 after acquiring an additional 113,500 shares during the period. Squarepoint Ops LLC bought a new stake in Sandstorm Gold during the second quarter worth about $606,000. Finally, FMR LLC purchased a new stake in Sandstorm Gold in the third quarter worth about $600,000. 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.