Brokers Issue Forecasts for Sandstorm Gold FY2025 Earnings

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Investment analysts at National Bank Financial dropped their FY2025 earnings per share estimates for shares of Sandstorm Gold in a report issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $0.27 for the year, down from their previous estimate of $0.29. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.09 per share.

Several other analysts have also recently issued reports on the company. HC Wainwright increased their target price on Sandstorm Gold from $11.50 to $12.00 and gave the company a "buy" rating in a research report on Monday, November 11th. StockNews.com cut Sandstorm Gold from a "buy" rating to a "hold" rating in a research report on Thursday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $8.50.

Sandstorm Gold Stock Down 4.1 %

NYSE SAND traded down $0.28 during midday trading on Thursday, hitting $6.38. 6,051,259 shares of the company traded hands, compared to its average volume of 5,637,777. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.29 and a quick ratio of 2.29. The company has a market cap of $1.89 billion, a PE ratio of 53.13 and a beta of 1.10. The company's 50-day simple moving average is $5.78 and its 200-day simple moving average is $5.79. Sandstorm Gold has a 52 week low of $3.98 and a 52 week high of $6.67.

Institutional Trading of Sandstorm Gold

A number of institutional investors have recently made changes to their positions in SAND. Private Advisor Group LLC lifted its position in Sandstorm Gold by 2.2% during the 3rd quarter. Private Advisor Group LLC now owns 314,963 shares of the company's stock worth $1,890,000 after acquiring an additional 6,669 shares during the period. Allworth Financial LP acquired a new stake in Sandstorm Gold during the 3rd quarter worth about $60,000. Pullen Investment Management LLC lifted its position in Sandstorm Gold by 14.0% during the 3rd quarter. Pullen Investment Management LLC now owns 125,360 shares of the company's stock worth $752,000 after acquiring an additional 15,384 shares during the period. Intact Investment Management Inc. lifted its position 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 acquiring an additional 86,000 shares during the period. Finally, Aigen Investment Management LP lifted its position 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 acquiring an additional 10,363 shares during the period. Institutional investors and hedge funds own 51.97% of the company's stock.

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 given a $0.02 dividend. This is a boost 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 dividend on an annualized basis and a dividend yield of 1.25%. Sandstorm Gold's dividend payout ratio (DPR) is presently 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.