Reading the tape
NASDAQ: SND
Smart Sand, Inc.
Energy · Oil & Gas Equipment & Services
Market Cap
$197.76M
52w High
$5.84
52w Low
$1.76
P/E
144.58
Volume
367.87K
Outstanding Shares
39.71M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 141.75%Revenue (TTM): 6.03%FCF (TTM): 199.62%P/FCF: 46th pct
What changed
The stock rose 141.75% over the last year. Revenue grew 6.03% over the trailing twelve months. Operating margin moved from 0.96% to -1.35%. Free cash flow grew 199.62% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 46th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at -1.35%. Revenue grew 6.03% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Smart Sand, Inc., an integrated frac 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.
CEOCharles Edwin Young
SectorEnergy
IndustryOil & Gas Equipment & Services
Employees285
IPO dateNov 4, 2016
Valuation
Forward P/E—
EV/EBITDA-98.34
Enterprise value$169.83M
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth-5.82%
Gross margin11.48%▼20.28%vs FY2024
Operating margin-1.35%▼240.02%vs FY2024
ROE0.56%▼54.28%vs FY2024
Analyst consensus
RatingHold
Target price$2.25▼54.82%
3
Buy
9
Hold
2
Sell
⚠ Analyst ratings tend to be lagging indicators — upgrades often follow price gains rather than precede them. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 12, 2026
Q2 FY26 · EPS est — · Revenue est —
View
Reported EPS · Q1 '26 · 3 beats · 1 miss in the last 4 quarters
Beat by 200%Actual $0.03 · Estimate -$0.03 · Vs prev actual Q4 '25 -$0.05 (-62.5%)
Actual
Estimate
Beat
Miss
In line
Dividends
$0.15/shareSemi-annualEx-div Apr 22, 2026 · in 4dAt RiskSND pays a dividend with a 3.01% declared yield, covered 5.5× by free cash flow.
Declared Yield
3.01%
Annual Div / Share
$0.15
CAGR
—
Payout Ratio
442.23%
At Risk
Dividend Growth Rate
Dividend Safety
6/10At Risk
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$0.15-25.0%
2025$0.20—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$30/yr
$3/mo
In 5 yrs
$30/yr
$3/mo
In 10 yrs
$30/yr
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$30/yr $3/mo | $30/yr $3/mo | $30/yr $3/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 5.5× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
High payout ratio
With 442.23% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.