Sandstorm Gold Ltd. (NYSE:SAND – Free Report) – Research analysts at National Bank Financial dropped their FY2026 earnings per share (EPS) estimates for Sandstorm Gold in a research report issued on Wednesday, February 19th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $0.27 for the year, down from their prior forecast of $0.28. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share.
A number of other analysts have also issued reports on SAND. StockNews.com lowered Sandstorm Gold from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. HC Wainwright lowered their price target on Sandstorm Gold from $12.00 to $11.50 and set a “buy” rating on the stock in a research note on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $8.38.
Sandstorm Gold Stock Up 2.3 %
Shares of SAND stock opened at $6.12 on Monday. The stock has a 50 day moving average of $5.84 and a 200 day moving average of $5.83. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. The stock has a market cap of $1.81 billion, a P/E ratio of 122.32 and a beta of 1.10. Sandstorm Gold has a twelve month low of $3.99 and a twelve month high of $6.67.
Sandstorm Gold (NYSE:SAND – Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). Sandstorm Gold had a return on equity of 0.98% and a net margin of 8.11%. The business had revenue of $47.40 million during the quarter, compared to analyst estimates of $67.49 million. During the same period in the prior year, the business posted ($0.04) EPS.
Hedge Funds Weigh In On Sandstorm Gold
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cantor Fitzgerald L. P. acquired a new position in shares of Sandstorm Gold in the fourth quarter worth $56,000. Lifeworks Advisors LLC acquired a new position in Sandstorm Gold in the fourth quarter valued at $57,000. Allworth Financial LP acquired a new position in Sandstorm Gold in the third quarter valued at $60,000. Meixler Investment Management Ltd. acquired a new position in Sandstorm Gold in the fourth quarter valued at $66,000. Finally, JTC Employer Solutions Trustee Ltd acquired a new position in Sandstorm Gold in the fourth quarter valued at $72,000. 51.97% of the stock is owned by institutional investors and hedge funds.
Sandstorm Gold Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were paid a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.02. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.31%. Sandstorm Gold’s payout ratio is 120.02%.
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.
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