FY2025 EPS Estimates for Sandstorm Gold Ltd. Decreased by National Bank Financial (NYSE:SAND)

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

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

Separately, Scotiabank dropped their price objective on shares of Sandstorm Gold from $6.50 to $6.25 and set a “sector perform” rating on the stock in a report on Thursday.

Sandstorm Gold Price Performance

SAND opened at $5.52 on Monday. Sandstorm Gold has a fifty-two week low of $3.96 and a fifty-two week high of $6.24. The firm has a 50-day moving average of $4.82 and a 200 day moving average of $4.78. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.32 and a current ratio of 3.32. The firm has a market cap of $1.64 billion, a P/E ratio of 39.43 and a beta of 1.10.

Sandstorm Gold Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 16th will be issued a $0.0147 dividend. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.06 annualized dividend and a yield of 1.07%. Sandstorm Gold’s dividend payout ratio (DPR) is presently 21.43%.

Institutional Investors Weigh In On Sandstorm Gold

A number of hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. boosted its holdings in Sandstorm Gold by 1,787.2% in the 3rd quarter. American Century Companies Inc. now owns 1,049,830 shares of the company’s stock worth $4,893,000 after buying an additional 994,200 shares during the period. Moneta Group Investment Advisors LLC raised its stake in Sandstorm Gold by 74.0% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 38,399 shares of the company’s stock valued at $179,000 after purchasing an additional 16,336 shares during the period. Raymond James & Associates lifted its holdings in Sandstorm Gold by 4.1% in the 4th quarter. Raymond James & Associates now owns 298,203 shares of the company’s stock worth $1,500,000 after purchasing an additional 11,752 shares in the last quarter. Trexquant Investment LP lifted its holdings in Sandstorm Gold by 134.0% in the 3rd quarter. Trexquant Investment LP now owns 83,956 shares of the company’s stock worth $391,000 after purchasing an additional 48,081 shares in the last quarter. Finally, Bar Harbor Wealth Management boosted its stake in Sandstorm Gold by 1.7% in the 3rd quarter. Bar Harbor Wealth Management now owns 1,177,067 shares of the company’s stock worth $5,485,000 after purchasing an additional 19,439 shares during the period. 51.97% of the stock is currently 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.