FY2025 EPS Estimates for Sandstorm Gold Raised by Analyst

Sandstorm Gold Ltd. (NYSE:SAND) – Stock analysts at Cormark upped their FY2025 EPS estimates for Sandstorm Gold in a research note issued on Monday, November 11th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.19 per share for the year, up from their prior estimate of $0.16. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share.

Other equities research analysts also recently issued reports about the stock. StockNews.com downgraded shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a research report on Thursday. HC Wainwright lifted their price target on shares of Sandstorm Gold from $11.50 to $12.00 and gave the stock a “buy” rating in a report on Monday. Finally, Royal Bank of Canada decreased their price objective on Sandstorm Gold from $6.50 to $6.00 and set an “outperform” rating for the company in a report on Tuesday, September 10th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $8.35.

Sandstorm Gold Stock Performance

NYSE:SAND opened at $5.50 on Wednesday. The stock’s 50-day moving average is $5.98 and its 200-day moving average is $5.72. Sandstorm Gold has a 1-year low of $3.96 and a 1-year high of $6.50. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.26. The stock has a market cap of $1.63 billion, a P/E ratio of 45.79 and a beta of 1.13.

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

Sandstorm Gold Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Tuesday, October 15th were given a $0.015 dividend. The ex-dividend date was Tuesday, October 15th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.09%. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.01. Sandstorm Gold’s payout ratio is 41.67%.

Institutional Investors Weigh In On Sandstorm Gold

Large investors have recently modified their holdings of the company. Sagil Capital LLP acquired a new position in Sandstorm Gold in the second quarter valued at $8,041,000. EdgePoint Investment Group Inc. bought a new position in shares of Sandstorm Gold in the 1st quarter worth about $6,537,000. Dimensional Fund Advisors LP lifted its stake in shares of Sandstorm Gold by 42.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,149,232 shares of the company’s stock valued at $17,162,000 after purchasing an additional 935,005 shares during the period. Helikon Investments Ltd boosted its position in shares of Sandstorm Gold by 61.8% during the 2nd quarter. Helikon Investments Ltd now owns 2,086,579 shares of the company’s stock valued at $11,351,000 after purchasing an additional 796,800 shares in the last quarter. Finally, Boston Partners acquired a new stake in Sandstorm Gold during the first quarter worth approximately $1,902,000. 51.97% of the stock is currently 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.