Sandstorm Gold FY2025 EPS Estimate Lowered by Raymond James

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Research analysts at Raymond James reduced their FY2025 earnings per share (EPS) estimates for Sandstorm Gold in a report 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 $0.18 per share.

Other research analysts have also issued research reports about the company. HC Wainwright lowered their price objective on Sandstorm Gold from $12.00 to $11.50 and set a "buy" rating on the stock in a report on Wednesday, February 19th. StockNews.com downgraded Sandstorm Gold from a "buy" rating to a "hold" rating in a report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $8.38.

Sandstorm Gold Stock Up 1.1 %

Sandstorm Gold stock traded up $0.07 during mid-day trading on Friday, hitting $6.18. 5,199,198 shares of the company's stock were exchanged, compared to its average volume of 5,527,418. Sandstorm Gold has a 1-year low of $3.99 and a 1-year high of $6.67. The stock has a 50 day moving average of $5.84 and a two-hundred day moving average of $5.83. The stock has a market cap of $1.83 billion, a P/E ratio of 123.52 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.

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Sandstorm Gold (NYSE:SAND - Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $47.40 million during 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 period in the prior year, the firm earned ($0.04) earnings per share.

Sandstorm Gold Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were paid a dividend of $0.02 per share. 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. This represents a $0.08 annualized dividend and a yield of 1.30%. Sandstorm Gold's dividend payout ratio is presently 100.00%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Cantor Fitzgerald L. P. acquired a new stake in shares of Sandstorm Gold in the fourth quarter worth $56,000. Lifeworks Advisors LLC acquired a new position in Sandstorm Gold in the 4th quarter valued at approximately $57,000. Allworth Financial LP acquired a new position in Sandstorm Gold in the 3rd quarter valued at approximately $60,000. Meixler Investment Management Ltd. acquired a new stake in shares of Sandstorm Gold during the 4th quarter worth approximately $66,000. Finally, JTC Employer Solutions Trustee Ltd bought a new stake in shares of Sandstorm Gold during the fourth quarter valued at approximately $72,000. 51.97% of the stock is owned by institutional investors.

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.