FY2025 EPS Forecast for Franco-Nevada Increased by Analyst

Franco-Nevada Co. (NYSE:FNV - Free Report) TSE: FNV - Investment analysts at Stifel Canada boosted their FY2025 earnings estimates for shares of Franco-Nevada in a report issued on Monday, October 21st. Stifel Canada analyst I. Rico now forecasts that the basic materials company will earn $4.36 per share for the year, up from their prior estimate of $3.65. The consensus estimate for Franco-Nevada's current full-year earnings is $3.26 per share. Stifel Canada also issued estimates for Franco-Nevada's FY2026 earnings at $4.15 EPS.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last released its quarterly earnings data on Tuesday, August 13th. The basic materials company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.03). Franco-Nevada had a positive return on equity of 10.56% and a negative net margin of 51.64%. The firm had revenue of $260.10 million for the quarter, compared to the consensus estimate of $277.44 million. During the same period in the previous year, the business earned $0.95 EPS. The firm's revenue was down 21.2% compared to the same quarter last year.

Other research analysts have also issued research reports about the stock. TD Cowen raised shares of Franco-Nevada from a "hold" rating to a "buy" rating in a research note on Thursday, August 15th. TD Securities upgraded shares of Franco-Nevada from a "hold" rating to a "buy" rating in a report on Thursday, August 15th. HC Wainwright restated a "buy" rating and set a $185.00 target price on shares of Franco-Nevada in a report on Friday, August 16th. StockNews.com upgraded shares of Franco-Nevada from a "sell" rating to a "hold" rating in a report on Thursday, August 22nd. Finally, Scotiabank raised their target price on shares of Franco-Nevada from $141.00 to $142.00 and gave the stock a "sector perform" rating in a report on Monday, August 19th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $152.75.

Franco-Nevada Stock Down 0.3 %

Franco-Nevada stock traded down $0.37 during midday trading on Thursday, hitting $135.82. 834,094 shares of the stock were exchanged, compared to its average volume of 655,784. The company has a fifty day simple moving average of $124.31 and a two-hundred day simple moving average of $123.09. Franco-Nevada has a 52 week low of $102.29 and a 52 week high of $139.93. The stock has a market capitalization of $26.14 billion, a PE ratio of -54.54, a P/E/G ratio of 20.13 and a beta of 0.76.

Institutional Trading of Franco-Nevada

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Graham Capital Wealth Management LLC raised its holdings in shares of Franco-Nevada by 0.4% in the second quarter. Graham Capital Wealth Management LLC now owns 21,183 shares of the basic materials company's stock valued at $2,511,000 after purchasing an additional 86 shares during the last quarter. Meixler Investment Management Ltd. grew its stake in shares of Franco-Nevada by 0.5% in the second quarter. Meixler Investment Management Ltd. now owns 21,460 shares of the basic materials company's stock valued at $2,543,000 after buying an additional 101 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of Franco-Nevada by 0.5% in the second quarter. Natixis Advisors LLC now owns 19,167 shares of the basic materials company's stock valued at $2,272,000 after buying an additional 101 shares in the last quarter. Hillsdale Investment Management Inc. grew its stake in shares of Franco-Nevada by 33.3% in the first quarter. Hillsdale Investment Management Inc. now owns 440 shares of the basic materials company's stock valued at $52,000 after buying an additional 110 shares in the last quarter. Finally, Primoris Wealth Advisors LLC grew its stake in shares of Franco-Nevada by 4.7% in the second quarter. Primoris Wealth Advisors LLC now owns 2,475 shares of the basic materials company's stock valued at $293,000 after buying an additional 112 shares in the last quarter. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Franco-Nevada Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 12th were issued a $0.36 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.06%. Franco-Nevada's dividend payout ratio (DPR) is presently -57.83%.

Franco-Nevada Company Profile

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.