Sandstorm Gold FY2025 EPS Forecast Boosted by Scotiabank

Sandstorm Gold Ltd. (NYSE:SAND) – Scotiabank upped their FY2025 earnings per share (EPS) estimates for shares of Sandstorm Gold in a report released on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $0.24 for the year, up from their previous forecast of $0.20. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share. Scotiabank also issued estimates for Sandstorm Gold’s FY2026 earnings at $0.20 EPS.

A number of other equities analysts have also recently commented on SAND. StockNews.com cut shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. HC Wainwright upped their target price on shares of Sandstorm Gold from $11.50 to $12.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $8.50.

Sandstorm Gold Stock Down 0.7 %

SAND stock opened at $5.65 on Friday. The company’s 50 day moving average is $5.67 and its 200 day moving average is $5.73. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 47.09 and a beta of 1.10. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.26. Sandstorm Gold has a 1-year low of $3.96 and a 1-year high of $6.50.

Sandstorm Gold (NYSE:SAND) last posted its earnings results on Thursday, November 7th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). The business had revenue of $44.70 million for the quarter, compared to analysts’ expectations of $44.70 million. Sandstorm Gold had a return on equity of 2.44% and a net margin of 20.46%.

Sandstorm Gold Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 21st will be issued a dividend of $0.02 per share. The ex-dividend date is Tuesday, January 21st. This represents a $0.08 annualized dividend and a dividend yield of 1.42%. This is a positive change from Sandstorm Gold’s previous quarterly dividend of $0.02. Sandstorm Gold’s dividend payout ratio (DPR) is currently 41.67%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. TD Asset Management Inc lifted its position in Sandstorm Gold by 1.1% in the second quarter. TD Asset Management Inc now owns 670,160 shares of the company’s stock valued at $3,644,000 after purchasing an additional 7,462 shares during the last quarter. Acadian Asset Management LLC bought a new stake in Sandstorm Gold during the 2nd quarter valued at $205,000. American Century Companies Inc. boosted its position in Sandstorm Gold by 134.2% during the 2nd quarter. American Century Companies Inc. now owns 139,946 shares of the company’s stock valued at $761,000 after buying an additional 80,200 shares during the period. Dimensional Fund Advisors LP grew its holdings in Sandstorm Gold by 42.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,149,232 shares of the company’s stock worth $17,162,000 after acquiring an additional 935,005 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Sandstorm Gold by 31.6% in the 2nd quarter. Renaissance Technologies LLC now owns 472,800 shares of the company’s stock worth $2,572,000 after acquiring an additional 113,500 shares during the last quarter. Hedge funds and other 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.