FY2025 EPS Estimates for Sandstorm Gold Decreased by Cormark

Sandstorm Gold Ltd. (NYSE:SAND) – Analysts at Cormark lowered their FY2025 EPS estimates for Sandstorm Gold in a report released on Thursday, February 20th. Cormark analyst N. Dion now expects that the company will post earnings of $0.16 per share for the year, down from their previous estimate of $0.19. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share.

Sandstorm Gold (NYSE:SAND) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). The company 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 in the previous year, the firm posted ($0.04) EPS.

Several other analysts have also recently commented on the stock. StockNews.com cut shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. 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. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $8.38.

Sandstorm Gold Price Performance

SAND opened at $6.18 on Monday. Sandstorm Gold has a 12-month low of $3.99 and a 12-month high of $6.67. The firm has a market capitalization of $1.83 billion, a P/E ratio of 123.52 and a beta of 1.10. The company has a quick ratio of 2.29, a current ratio of 1.95 and a debt-to-equity ratio of 0.24. The stock has a fifty day moving average of $5.85 and a 200-day moving average of $5.83.

Sandstorm Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were paid a $0.02 dividend. This is a positive change 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 dividend yield of 1.30%. Sandstorm Gold’s dividend payout ratio is presently 100.00%.

Hedge Funds Weigh In On Sandstorm Gold

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SAND. Cantor Fitzgerald L. P. bought a new stake in Sandstorm Gold during the 4th quarter worth approximately $56,000. Lifeworks Advisors LLC purchased a new position in shares of Sandstorm Gold in the 4th quarter worth about $57,000. Allworth Financial LP bought a new position in Sandstorm Gold during the third quarter valued at approximately $60,000. Meixler Investment Management Ltd. bought a new position in shares of Sandstorm Gold during the 4th quarter valued at $66,000. Finally, JTC Employer Solutions Trustee Ltd purchased a new position in shares of Sandstorm Gold in the fourth quarter worth about $72,000. 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.