FY2026 EPS Estimates for Sandstorm Gold Raised by Scotiabank

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for Sandstorm Gold in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the company will earn $0.21 per share for the year, up from their prior forecast of $0.20. Scotiabank has a "Sector Perform" rating and a $7.25 price objective on the stock. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share.

A number of other equities research analysts have also recently commented on SAND. StockNews.com raised Sandstorm Gold from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th. HC Wainwright cut their target price on Sandstorm Gold from $12.00 to $11.50 and set a "buy" rating for the company in a research report on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $8.56.

Sandstorm Gold Price Performance

Shares of SAND stock traded up $0.53 on Friday, hitting $7.38. 6,625,820 shares of the stock traded hands, compared to its average volume of 3,104,987. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.95 and a quick ratio of 2.29. Sandstorm Gold has a 52 week low of $4.92 and a 52 week high of $6.95. The firm has a 50 day simple moving average of $6.23 and a two-hundred day simple moving average of $5.97. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 147.63 and a beta of 1.06.

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Sandstorm Gold (NYSE:SAND - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $0.01 EPS 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 previous year, the business posted ($0.04) EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cantor Fitzgerald L. P. purchased a new stake in shares of Sandstorm Gold during the 4th quarter worth approximately $56,000. Lifeworks Advisors LLC bought a new stake in Sandstorm Gold in the fourth quarter worth $57,000. Meixler Investment Management Ltd. purchased a new stake in Sandstorm Gold during the fourth quarter valued at $66,000. JTC Employer Solutions Trustee Ltd bought a new position in Sandstorm Gold during the fourth quarter valued at $72,000. Finally, Bank of New York Mellon Corp lifted its position in Sandstorm Gold by 21.0% during the fourth quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company's stock valued at $78,000 after purchasing an additional 2,416 shares during the last quarter. Institutional investors own 51.97% of the company's stock.

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.