FY2025 EPS Estimates for Sandstorm Gold Ltd. Reduced by Analyst (NYSE:SAND)

Sandstorm Gold Ltd. (NYSE:SAND) – Equities researchers at National Bank Financial decreased their FY2025 EPS estimates for Sandstorm Gold in a report released on Thursday, April 18th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.08 per share for the year, down from their prior estimate of $0.12. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.07 per share.

Separately, Scotiabank decreased their target price on Sandstorm Gold from $6.50 to $6.25 and set a “sector perform” rating for the company in a research report on Thursday, April 18th.

Sandstorm Gold Stock Down 4.8 %

Shares of NYSE SAND opened at $5.26 on Monday. Sandstorm Gold has a 52-week low of $3.96 and a 52-week high of $6.24. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 37.54 and a beta of 1.10. The stock has a 50 day moving average price of $4.84 and a 200 day moving average price of $4.79. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.32 and a current ratio of 3.32.

Sandstorm Gold (NYSE:SAND) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.06. The company had revenue of $44.50 million during the quarter, compared to analysts’ expectations of $46.30 million. Sandstorm Gold had a net margin of 23.22% and a return on equity of 2.89%.

Institutional Trading of Sandstorm Gold

A number of hedge funds have recently bought and sold shares of the stock. PFG Investments LLC raised its stake in shares of Sandstorm Gold by 102.5% during the 1st quarter. PFG Investments LLC now owns 31,789 shares of the company’s stock worth $167,000 after acquiring an additional 16,089 shares in the last quarter. Helikon Investments Ltd acquired a new stake in Sandstorm Gold in the first quarter valued at approximately $6,771,000. Mayfair Advisory Group LLC increased its position in shares of Sandstorm Gold by 50.0% during the first quarter. Mayfair Advisory Group LLC now owns 30,000 shares of the company’s stock worth $158,000 after purchasing an additional 10,000 shares in the last quarter. Creekmur Asset Management LLC acquired a new position in shares of Sandstorm Gold during the fourth quarter worth $39,000. Finally, Penn Capital Management Company LLC lifted its holdings in shares of Sandstorm Gold by 13.7% during the 4th quarter. Penn Capital Management Company LLC now owns 960,425 shares of the company’s stock valued at $4,831,000 after purchasing an additional 115,995 shares during the last quarter. Hedge funds and other institutional investors own 51.97% of the company’s stock.

Sandstorm Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Stockholders of record on Tuesday, April 16th will be paid a dividend of $0.0147 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.12%. Sandstorm Gold’s dividend payout ratio is presently 21.43%.

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.