Smart Sand, Inc. (SND) To Go Ex-Dividend on October 15th

Smart Sand, Inc. (NASDAQ:SND) declared a dividend on Thursday, October 3rd, investing.com reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.10 per share on Monday, October 28th. This represents a yield of 4.52%. The ex-dividend date of this dividend is Tuesday, October 15th.

Smart Sand Trading Up 0.9 %

NASDAQ SND opened at $2.25 on Friday. The stock has a market capitalization of $95.79 million, a price-to-earnings ratio of 10.23 and a beta of 1.07. The business’s fifty day moving average is $2.04 and its 200-day moving average is $2.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.02. Smart Sand has a one year low of $1.65 and a one year high of $2.45.

Smart Sand (NASDAQ:SND) last released its earnings results on Tuesday, August 13th. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.04. The firm had revenue of $73.80 million for the quarter, compared to analysts’ expectations of $68.15 million. Smart Sand had a net margin of 0.44% and a return on equity of 1.07%. During the same period in the previous year, the company earned $0.17 earnings per share. Equities research analysts predict that Smart Sand will post -0.01 EPS for the current year.

Insider Transactions at Smart Sand

In other news, VP Christopher M. Green sold 33,000 shares of the stock in a transaction on Friday, August 16th. The shares were sold at an average price of $1.96, for a total value of $64,680.00. Following the transaction, the vice president now owns 46,352 shares of the company’s stock, valued at $90,849.92. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 32.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped their price objective on shares of Smart Sand from $2.75 to $2.25 and set a “neutral” rating on the stock in a report on Monday, July 15th.

Smart Sand Company Profile

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.