FY2025 EPS Forecast for Sandstorm Gold Decreased by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Analysts at Raymond James dropped their FY2025 earnings per share estimates for shares of Sandstorm Gold in a research note issued to investors on Wednesday, February 19th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.15 per share for the year, down from their previous estimate of $0.16. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.19 per share.

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

Several other analysts have also recently weighed in on SAND. StockNews.com cut Sandstorm Gold from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. HC Wainwright dropped their price target on Sandstorm Gold from $12.00 to $11.50 and set a “buy” rating for the company in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $8.38.

Sandstorm Gold Stock Performance

NYSE:SAND opened at $5.99 on Friday. The stock has a market cap of $1.77 billion, a P/E ratio of 119.72 and a beta of 1.10. The stock has a 50 day simple moving average of $5.83 and a 200 day simple moving average of $5.81. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. Sandstorm Gold has a 1-year low of $3.99 and a 1-year high of $6.67.

Sandstorm Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were issued a $0.02 dividend. The ex-dividend date was Tuesday, January 21st. This is a boost from Sandstorm Gold’s previous quarterly dividend of $0.02. This represents a $0.08 annualized dividend and a yield of 1.34%. Sandstorm Gold’s payout ratio is currently 100.00%.

Hedge Funds Weigh In On Sandstorm Gold

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SAND. Boston Partners increased its stake in shares of Sandstorm Gold by 39,289.9% in the 4th quarter. Boston Partners now owns 9,812,015 shares of the company’s stock valued at $54,751,000 after purchasing an additional 9,787,105 shares during the last quarter. Two Sigma Advisers LP increased its stake in shares of Sandstorm Gold by 580.6% in the 4th quarter. Two Sigma Advisers LP now owns 2,314,684 shares of the company’s stock valued at $12,916,000 after purchasing an additional 1,974,600 shares during the last quarter. Sprott Inc. increased its stake in shares of Sandstorm Gold by 77.9% in the 4th quarter. Sprott Inc. now owns 4,465,843 shares of the company’s stock valued at $24,925,000 after purchasing an additional 1,955,916 shares during the last quarter. Invesco Ltd. increased its stake in shares of Sandstorm Gold by 35.0% in the 4th quarter. Invesco Ltd. now owns 6,522,246 shares of the company’s stock valued at $36,394,000 after purchasing an additional 1,691,296 shares during the last quarter. Finally, Amundi grew its position in Sandstorm Gold by 74.9% during the 4th quarter. Amundi now owns 2,890,535 shares of the company’s stock worth $16,447,000 after acquiring an additional 1,238,050 shares during the last quarter. 51.97% of the stock is owned by institutional investors and hedge funds.

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.