Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Equities researchers at HC Wainwright lowered their FY2025 earnings per share estimates for Sandstorm Gold in a research report issued on Wednesday, February 19th. HC Wainwright analyst H. Ihle now anticipates that the company will earn $0.08 per share for the year, down from their previous forecast of $0.10. HC Wainwright has a "Buy" rating and a $11.50 price objective on the stock. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share.
Separately, StockNews.com cut Sandstorm Gold from a "buy" rating to a "hold" rating in a report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Sandstorm Gold currently has a consensus rating of "Hold" and a consensus price target of $8.38.
Read Our Latest Stock Analysis on SAND
Sandstorm Gold Price Performance
Shares of NYSE SAND traded up $0.07 during mid-day trading on Friday, hitting $6.18. 5,199,198 shares of the stock were exchanged, compared to its average volume of 5,527,418. The company 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 debt-to-equity ratio of 0.24, a quick ratio of 2.29 and a current ratio of 1.95. Sandstorm Gold has a twelve month low of $3.99 and a twelve month high of $6.67. The stock's fifty day simple moving average is $5.84 and its two-hundred day simple moving average is $5.83.
Sandstorm Gold (NYSE:SAND - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported $0.01 earnings per share (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 analyst estimates 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 last year, the business earned ($0.04) EPS.
Sandstorm Gold Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend was Tuesday, January 21st. This is a boost from Sandstorm Gold's previous quarterly dividend of $0.02. Sandstorm Gold's payout ratio is 100.00%.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Private Advisor Group LLC raised its position in shares of Sandstorm Gold by 2.2% during the third 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 last quarter. Allworth Financial LP bought 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 valued at $752,000 after purchasing an additional 15,384 shares during the period. Intact Investment Management Inc. boosted its stake in shares of Sandstorm Gold by 195.0% in the 3rd quarter. Intact Investment Management Inc. now owns 130,100 shares of the company's stock valued at $781,000 after purchasing an additional 86,000 shares during the last quarter. Finally, Aigen Investment Management LP boosted its stake in shares of Sandstorm Gold by 32.4% in the 3rd quarter. Aigen Investment Management LP now owns 42,385 shares of the company's stock valued at $254,000 after purchasing an additional 10,363 shares during the last quarter. 51.97% of the stock is currently owned by institutional investors.
About Sandstorm Gold
(
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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.
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