Franco-Nevada (FNV) Set to Announce Quarterly Earnings on Wednesday

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV will announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.86 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last released its quarterly earnings results on Tuesday, August 13th. The basic materials company reported $0.75 EPS for the quarter, missing analysts' consensus estimates 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 analyst estimates of $277.44 million. During the same quarter last year, the company earned $0.95 earnings per share. The firm's revenue for the quarter was down 21.2% on a year-over-year basis. On average, analysts expect Franco-Nevada to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Franco-Nevada Stock Down 0.7 %

NYSE:FNV traded down $0.90 during trading hours on Wednesday, reaching $136.25. 427,791 shares of the stock were exchanged, compared to its average volume of 652,688. The business has a 50-day moving average of $125.41 and a two-hundred day moving average of $123.54. Franco-Nevada has a twelve month low of $102.29 and a twelve month high of $137.60. The company has a market capitalization of $26.22 billion, a price-to-earnings ratio of -54.70, a PEG ratio of 22.67 and a beta of 0.76.

Franco-Nevada Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have commented on FNV shares. Scotiabank upped their price target on Franco-Nevada from $141.00 to $142.00 and gave the stock a "sector perform" rating in a research note on Monday, August 19th. TD Securities upgraded Franco-Nevada from a "hold" rating to a "buy" rating in a research note on Thursday, August 15th. StockNews.com upgraded Franco-Nevada from a "sell" rating to a "hold" rating in a research note on Thursday, August 22nd. HC Wainwright reiterated a "buy" rating and issued a $185.00 price objective on shares of Franco-Nevada in a research note on Friday, August 16th. Finally, TD Cowen upgraded Franco-Nevada from a "hold" rating to a "buy" rating in a research note on Thursday, August 15th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Franco-Nevada presently has a consensus rating of "Moderate Buy" and a consensus target price of $152.75.

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.