FY2026 EPS Estimates for Sandstorm Gold Increased by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Equities research analysts at Scotiabank upped their FY2026 earnings per share estimates for Sandstorm Gold in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $0.21 for the year, up from their previous forecast of $0.20. Scotiabank currently has a “Sector Perform” rating and a $7.25 target price on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share.

SAND has been the topic of a number of other research reports. 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 research note on Wednesday, February 19th. StockNews.com raised shares of Sandstorm Gold from a “hold” rating to a “buy” rating in a research report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Sandstorm Gold has a consensus rating of “Moderate Buy” and an average target price of $8.56.

Sandstorm Gold Trading Down 1.1 %

Shares of Sandstorm Gold stock opened at $6.79 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.95 and a quick ratio of 2.29. The stock’s 50 day simple moving average is $6.17 and its 200-day simple moving average is $5.94. The stock has a market cap of $2.01 billion, a P/E ratio of 135.73 and a beta of 1.06. Sandstorm Gold has a 1-year low of $4.92 and a 1-year high of $6.95.

Sandstorm Gold (NYSE:SAND) last announced its earnings results 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 business 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 period last year, the firm earned ($0.04) EPS.

Institutional Investors Weigh In On Sandstorm Gold

Several large investors have recently added to or reduced their stakes in SAND. Boston Partners increased its position in shares of Sandstorm Gold by 39,289.9% during the fourth quarter. Boston Partners now owns 9,812,015 shares of the company’s stock worth $54,751,000 after acquiring an additional 9,787,105 shares during the period. Invesco Ltd. grew its stake in Sandstorm Gold by 35.0% during the 4th quarter. Invesco Ltd. now owns 6,522,246 shares of the company’s stock worth $36,394,000 after purchasing an additional 1,691,296 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Sandstorm Gold by 22.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,974,343 shares of the company’s stock worth $27,781,000 after purchasing an additional 913,527 shares during the period. Sprott Inc. raised its position in 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 in the last quarter. Finally, Amundi boosted its stake in shares of Sandstorm Gold by 74.9% in the 4th quarter. Amundi now owns 2,890,535 shares of the company’s stock valued at $16,447,000 after buying an additional 1,238,050 shares during the period. 51.97% of the stock is owned by hedge funds and other 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.