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

Smart Sand, Inc. (NASDAQ:SND) announced a dividend on Sunday, October 6th, investing.com reports. Stockholders of record on Wednesday, October 16th will be paid a dividend of 0.10 per share on Monday, October 28th. This represents a dividend yield of 4.52%. The ex-dividend date of this dividend is Tuesday, October 15th.

Smart Sand Stock Performance

SND opened at $2.16 on Tuesday. Smart Sand has a 12-month low of $1.65 and a 12-month high of $2.45. The stock’s 50 day moving average price is $2.03 and its two-hundred day moving average price is $2.08. The firm has a market capitalization of $91.96 million, a P/E ratio of 9.82 and a beta of 1.07. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Smart Sand (NASDAQ:SND) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.04. Smart Sand had a net margin of 0.44% and a return on equity of 1.07%. The company had revenue of $73.80 million for the quarter, compared to the consensus estimate of $68.15 million. During the same quarter in the previous year, the firm posted $0.17 EPS. On average, equities analysts forecast that Smart Sand will post -0.01 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Piper Sandler cut their target price on Smart Sand from $2.75 to $2.25 and set a “neutral” rating for the company in a research note on Monday, July 15th.

Insider Activity at Smart Sand

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

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.