Franco-Nevada FY2025 EPS Forecast Raised by Stifel Canada

Franco-Nevada Co. (NYSE:FNV - Free Report) TSE: FNV - Stock analysts at Stifel Canada boosted their FY2025 EPS estimates for shares of Franco-Nevada in a note issued to investors on Monday, April 21st. Stifel Canada analyst I. Rico now anticipates that the basic materials company will post earnings per share of $4.32 for the year, up from their prior estimate of $4.08. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share. Stifel Canada also issued estimates for Franco-Nevada's FY2026 earnings at $4.36 EPS.

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

Other analysts have also recently issued reports about the stock. UBS Group boosted their price objective on shares of Franco-Nevada from $170.00 to $190.00 and gave the stock a "buy" rating in a research note on Friday, April 11th. BMO Capital Markets started coverage on shares of Franco-Nevada in a research report on Wednesday, April 16th. They set an "outperform" rating for the company. Royal Bank of Canada raised their price target on Franco-Nevada from $145.00 to $155.00 and gave the company a "sector perform" rating in a research report on Tuesday, February 11th. Raymond James boosted their price objective on Franco-Nevada from $162.00 to $181.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Finally, National Bankshares reaffirmed a "sector perform" rating on shares of Franco-Nevada in a report on Wednesday, April 2nd. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $162.25.

Franco-Nevada Stock Performance

FNV opened at $172.95 on Wednesday. The firm has a market cap of $33.30 billion, a P/E ratio of -54.73, a price-to-earnings-growth ratio of 9.78 and a beta of 0.68. The business has a 50 day moving average price of $151.59 and a 200 day moving average price of $135.02. Franco-Nevada has a twelve month low of $112.70 and a twelve month high of $178.74.

Franco-Nevada Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.88%. This is a positive change from Franco-Nevada's previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Thursday, March 13th. Franco-Nevada's dividend payout ratio is presently 53.15%.

Institutional Investors Weigh In On Franco-Nevada

A number of institutional investors have recently bought and sold shares of FNV. Barclays PLC boosted its position in shares of Franco-Nevada by 29.4% during the 3rd quarter. Barclays PLC now owns 35,828 shares of the basic materials company's stock valued at $4,450,000 after acquiring an additional 8,147 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Franco-Nevada during the third quarter worth about $326,000. Tri Ri Asset Management Corp acquired a new stake in Franco-Nevada during the third quarter valued at approximately $3,433,000. Franklin Resources Inc. boosted its holdings in Franco-Nevada by 8.3% during the third quarter. Franklin Resources Inc. now owns 79,232 shares of the basic materials company's stock valued at $9,957,000 after purchasing an additional 6,052 shares in the last quarter. Finally, Confluence Investment Management LLC grew its stake in shares of Franco-Nevada by 8.7% in the 4th quarter. Confluence Investment Management LLC now owns 5,790 shares of the basic materials company's stock valued at $681,000 after purchasing an additional 465 shares during the period. Institutional investors and hedge funds own 77.06% of the company's stock.

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.

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