Franco-Nevada (NYSE:FNV) Announces Earnings Results, Beats Expectations By $0.05 EPS

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV announced its earnings results on Monday. The basic materials company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.90 by $0.05, Zacks reports. Franco-Nevada had a positive return on equity of 10.55% and a negative net margin of 55.28%. The firm had revenue of $321.00 million during the quarter, compared to analysts' expectations of $304.33 million. During the same quarter in the prior year, the business earned $0.90 earnings per share. The company's revenue was up 5.8% on a year-over-year basis. Franco-Nevada updated its FY 2025 guidance to EPS.

Franco-Nevada Stock Down 0.5 %

Shares of Franco-Nevada stock traded down $0.66 during trading on Monday, reaching $142.62. The company's stock had a trading volume of 1,677,094 shares, compared to its average volume of 614,958. The firm's 50-day moving average is $133.80 and its two-hundred day moving average is $127.30. Franco-Nevada has a 52-week low of $111.98 and a 52-week high of $147.99. The company has a market cap of $27.46 billion, a price-to-earnings ratio of -45.13, a PEG ratio of 9.78 and a beta of 0.73.

Franco-Nevada Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.38 dividend. The ex-dividend date is Thursday, March 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.07%. This is a boost from Franco-Nevada's previous quarterly dividend of $0.36. Franco-Nevada's dividend payout ratio (DPR) is presently -48.10%.

Remove Ads

Wall Street Analyst Weigh In

FNV has been the subject of several recent research reports. Royal Bank of Canada upped their target price on shares of Franco-Nevada from $145.00 to $155.00 and gave the company a "sector perform" rating in a research report on Tuesday, February 11th. Canaccord Genuity Group raised shares of Franco-Nevada from a "hold" rating to a "buy" rating in a report on Monday, November 18th. StockNews.com upgraded Franco-Nevada from a "hold" rating to a "buy" rating in a research report on Friday. HC Wainwright reiterated a "buy" rating and set a $155.00 target price on shares of Franco-Nevada in a research report on Tuesday, January 28th. Finally, UBS Group assumed coverage on shares of Franco-Nevada in a research report on Monday, November 18th. They issued a "buy" rating and a $160.00 price target for the company. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $146.71.

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.