FY2025 EPS Estimates for Sandstorm Gold Decreased by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for Sandstorm Gold in a research note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.27 per share for the year, down from their prior forecast of $0.29. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share.

A number of other research firms have also weighed in on SAND. HC Wainwright upped their price objective on Sandstorm Gold from $11.50 to $12.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. StockNews.com lowered Sandstorm Gold from a “buy” rating to a “hold” rating in a research note on Thursday. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Sandstorm Gold presently has an average rating of “Hold” and a consensus target price of $8.50.

Sandstorm Gold Stock Performance

NYSE SAND opened at $6.66 on Thursday. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 55.46 and a beta of 1.10. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average price of $5.76 and a 200-day moving average price of $5.78. Sandstorm Gold has a twelve month low of $3.96 and a twelve month high of $6.67.

Sandstorm Gold Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Tuesday, January 21st. This is a positive change from Sandstorm Gold’s previous quarterly dividend of $0.02. This represents a $0.08 dividend on an annualized basis and a yield of 1.20%. Sandstorm Gold’s dividend payout ratio is presently 50.00%.

Hedge Funds Weigh In On Sandstorm Gold

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Private Advisor Group LLC boosted its holdings in shares of Sandstorm Gold by 2.2% in the 3rd quarter. Private Advisor Group LLC now owns 314,963 shares of the company’s stock worth $1,890,000 after purchasing an additional 6,669 shares during the period. Allworth Financial LP bought a new position in shares of Sandstorm Gold during the 3rd quarter valued at approximately $60,000. Pullen Investment Management LLC boosted its stake in Sandstorm Gold by 14.0% during the third quarter. Pullen Investment Management LLC now owns 125,360 shares of the company’s stock worth $752,000 after buying an additional 15,384 shares during the period. Intact Investment Management Inc. increased its position in Sandstorm Gold by 195.0% during the third quarter. Intact Investment Management Inc. now owns 130,100 shares of the company’s stock valued at $781,000 after acquiring an additional 86,000 shares during the last quarter. Finally, Aigen Investment Management LP increased its position in Sandstorm Gold by 32.4% during the third quarter. Aigen Investment Management LP now owns 42,385 shares of the company’s stock valued at $254,000 after acquiring an additional 10,363 shares during the last quarter. 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.