FY2025 EPS Estimates for Franco-Nevada Boosted by Scotiabank

Franco-Nevada Co. (NYSE:FNV - Free Report) TSE: FNV - Equities research analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will post earnings per share of $3.98 for the year, up from their previous estimate of $3.95. Scotiabank currently has a "Sector Perform" rating and a $150.00 price objective on the stock. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share. Scotiabank also issued estimates for Franco-Nevada's FY2026 earnings at $4.55 EPS.

FNV has been the subject of several other research reports. StockNews.com upgraded Franco-Nevada from a "hold" rating to a "buy" rating in a research report on Wednesday, March 19th. TD Securities cut shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a $152.00 price objective for the company. in a research note on Tuesday, March 11th. Royal Bank of Canada upped their target price on shares of Franco-Nevada from $145.00 to $155.00 and gave the stock a "sector perform" rating in a research report on Tuesday, February 11th. HC Wainwright increased their target price on shares of Franco-Nevada from $155.00 to $165.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. Finally, UBS Group boosted their price target on Franco-Nevada from $165.00 to $170.00 and gave the stock a "buy" rating in a research note on Tuesday, March 11th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $153.63.

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Franco-Nevada Trading Down 0.0 %

Shares of FNV traded down $0.05 during mid-day trading on Friday, hitting $155.74. The company's stock had a trading volume of 820,545 shares, compared to its average volume of 622,129. Franco-Nevada has a 1-year low of $112.70 and a 1-year high of $157.71. The firm has a market capitalization of $29.99 billion, a P/E ratio of -49.28, a P/E/G ratio of 9.78 and a beta of 0.73. The firm has a 50-day simple moving average of $140.84 and a 200 day simple moving average of $129.88.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last posted its quarterly earnings data on Monday, March 10th. The basic materials company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.05. Franco-Nevada had a negative net margin of 55.28% and a positive return on equity of 10.55%. The firm had revenue of $321.00 million for the quarter, compared to analyst estimates of $304.33 million. During the same period last year, the firm posted $0.90 EPS. Franco-Nevada's quarterly revenue was up 5.8% on a year-over-year basis.

Institutional Investors Weigh In On Franco-Nevada

Hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP grew its holdings in Franco-Nevada by 35.0% in the 4th quarter. Wellington Management Group LLP now owns 105,225 shares of the basic materials company's stock valued at $12,359,000 after buying an additional 27,299 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Franco-Nevada by 35.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,699 shares of the basic materials company's stock worth $435,000 after purchasing an additional 973 shares during the last quarter. PKO Investment Management Joint Stock Co purchased a new position in Franco-Nevada during the fourth quarter worth approximately $7,132,000. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. acquired a new position in shares of Franco-Nevada in the 4th quarter valued at $641,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Franco-Nevada by 1.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 99,257 shares of the basic materials company's stock valued at $11,662,000 after buying an additional 994 shares during the period. Institutional investors and hedge funds own 77.06% of the company's stock.

Franco-Nevada Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.38 per share. The ex-dividend date is Thursday, March 13th. This is an increase from Franco-Nevada's previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.98%. Franco-Nevada's payout ratio is 53.15%.

About Franco-Nevada

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.