FY2025 Earnings Estimate for Sandstorm Gold Ltd. (NYSE:SAND) Issued By National Bank Financial

Sandstorm Gold Ltd. (NYSE:SAND) – Equities research analysts at National Bank Financial lowered their FY2025 earnings estimates for shares of Sandstorm Gold in a report issued on Thursday, April 18th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.08 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.

Sandstorm Gold (NYSE:SAND) last posted its quarterly earnings data on Thursday, February 15th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. The firm 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%.

Separately, Scotiabank decreased their price target on shares of 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 Performance

Shares of SAND stock opened at $5.37 on Monday. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.30. Sandstorm Gold has a 52 week low of $3.96 and a 52 week high of $6.24. The stock has a market capitalization of $1.60 billion, a PE ratio of 38.32 and a beta of 1.10. The firm has a 50 day moving average of $4.86 and a two-hundred day moving average of $4.80.

Institutional Investors Weigh In On Sandstorm Gold

Hedge funds and other institutional investors have recently modified their holdings of the company. American Century Companies Inc. raised its holdings in shares of 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 valued at $4,893,000 after purchasing an additional 994,200 shares in the last quarter. 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 worth $179,000 after acquiring an additional 16,336 shares in the last quarter. Raymond James & Associates raised its stake in Sandstorm Gold by 4.1% during the 4th quarter. Raymond James & Associates now owns 298,203 shares of the company’s stock worth $1,500,000 after acquiring an additional 11,752 shares in the last quarter. Trexquant Investment LP raised its stake in Sandstorm Gold by 134.0% during the 3rd quarter. Trexquant Investment LP now owns 83,956 shares of the company’s stock worth $391,000 after acquiring an additional 48,081 shares in the last quarter. Finally, Bar Harbor Wealth Management raised its stake in Sandstorm Gold by 1.7% during the 3rd quarter. Bar Harbor Wealth Management now owns 1,177,067 shares of the company’s stock worth $5,485,000 after acquiring an additional 19,439 shares in the last quarter. 51.97% of the stock is currently owned by institutional investors and hedge funds.

Sandstorm Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.10%. Sandstorm Gold’s payout ratio is 21.43%.

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.