Franco-Nevada FY2025 EPS Forecast Lowered by HC Wainwright

Franco-Nevada Co. (TSE:FNV - Free Report) NYSE: FNV - HC Wainwright reduced their FY2025 earnings estimates for Franco-Nevada in a research note issued on Tuesday, March 11th. HC Wainwright analyst H. Ihle now expects that the company will earn $3.43 per share for the year, down from their previous forecast of $5.29. The consensus estimate for Franco-Nevada's current full-year earnings is $3.11 per share.

Several other equities research analysts have also recently weighed in on the stock. CIBC upped their price objective on shares of Franco-Nevada from C$235.00 to C$245.00 in a research report on Monday, December 2nd. Canaccord Genuity Group cut their price objective on shares of Franco-Nevada from C$198.00 to C$190.00 and set a "strong-buy" rating for the company in a research report on Monday, November 18th. National Bankshares cut their price objective on shares of Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. UBS Group raised shares of Franco-Nevada to a "strong-buy" rating in a report on Monday, November 18th. Finally, TD Securities downgraded shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target on the stock. in a research note on Tuesday, March 11th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of C$194.10.

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Franco-Nevada Price Performance

FNV traded up C$0.04 on Thursday, hitting C$220.30. 322,147 shares of the stock were exchanged, compared to its average volume of 276,840. Franco-Nevada has a 12 month low of C$154.18 and a 12 month high of C$223.14. The business has a 50-day moving average of C$196.24 and a two-hundred day moving average of C$179.67. The firm has a market capitalization of C$29.89 billion, a price-to-earnings ratio of -47.58, a PEG ratio of 5.00 and a beta of 0.68.

Insider Activity

In related news, Senior Officer Lena Miller sold 1,700 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of C$210.37, for a total value of C$357,620.50. Also, Director Boris De Vries sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of C$221.47, for a total transaction of C$442,940.00. In the last three months, insiders have sold 4,200 shares of company stock worth $909,101. Corporate insiders own 0.69% 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.