Smart Sand Plans Special Dividend of $0.10 (NASDAQ:SND)

Smart Sand (NASDAQ:SND) announced a special dividend on Thursday, July 16th. Investors of record on Tuesday, July 28th will be paid a dividend of 0.10 per share on Wednesday, August 12th. The ex-dividend date of this dividend is Tuesday, July 28th.

Smart Sand Stock Performance

NASDAQ SND opened at $4.56 on Friday. The company has a fifty day moving average of $4.92 and a 200-day moving average of $4.74. Smart Sand has a 52-week low of $1.76 and a 52-week high of $5.92. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.05 and a current ratio of 1.66. The company has a market capitalization of $196.03 million, a P/E ratio of 8.29 and a beta of 0.27.

Smart Sand (NASDAQ:SND) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $93.11 million for the quarter.

Analysts Set New Price Targets

SND has been the topic of several recent research reports. Weiss Ratings raised Smart Sand from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, April 22nd. Wall Street Zen raised shares of Smart Sand from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Smart Sand has an average rating of “Hold”.

About Smart Sand

Smart Sand, Inc (NASDAQ:SND) is a U.S.-based industrial mineral company specializing in the mining, processing and distribution of high-purity silica sand. The company’s primary business centers on the production of frac sand for the oil and gas industry, as well as specialty sand products for foundry, glass and construction applications. Through an integrated network of mines, processing plants and trans-load facilities, Smart Sand delivers precision-engineered sand solutions designed to meet stringent performance and purity requirements.

Smart Sand’s operations include flagship mining and processing facilities in Wisconsin, which supply Northern White silica sand, and production sites in Texas, strategically located to serve major U.S.