Franco-Nevada Q1 EPS Lifted by National Bank Financial

Franco-Nevada Co. (NYSE:FNV - Free Report) TSE: FNV - Equities research analysts at National Bank Financial boosted their Q1 2025 earnings per share (EPS) estimates for Franco-Nevada in a research note issued on Tuesday, April 22nd. National Bank Financial analyst S. Nagle now expects that the basic materials company will earn $1.14 per share for the quarter, up from their previous estimate of $1.10. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share.

FNV has been the subject of a number of other research reports. Raymond James lifted their price target on Franco-Nevada from $162.00 to $181.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. TD Securities cut shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a $152.00 price objective on the stock. in a research report on Tuesday, March 11th. National Bankshares reissued a "sector perform" rating on shares of Franco-Nevada in a research note on Wednesday, April 2nd. StockNews.com upgraded Franco-Nevada from a "hold" rating to a "buy" rating in a report on Monday, April 7th. Finally, 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 report on Friday, April 11th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Franco-Nevada currently has an average rating of "Moderate Buy" and a consensus target price of $162.25.

Franco-Nevada Stock Down 0.8 %

Shares of FNV stock traded down $1.31 on Friday, reaching $170.05. The company's stock had a trading volume of 637,722 shares, compared to its average volume of 706,702. Franco-Nevada has a 12-month low of $112.70 and a 12-month high of $178.74. The stock's 50 day simple moving average is $153.47 and its 200-day simple moving average is $136.15. The company has a market capitalization of $32.74 billion, a P/E ratio of -53.81, a PEG ratio of 9.78 and a beta of 0.68.

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

Franco-Nevada Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a $0.38 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This is a positive change from Franco-Nevada's previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 0.89%. Franco-Nevada's dividend payout ratio is 53.15%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Essex Financial Services Inc. increased its stake in shares of Franco-Nevada by 2.2% in the 4th quarter. Essex Financial Services Inc. now owns 3,892 shares of the basic materials company's stock worth $458,000 after acquiring an additional 84 shares in the last quarter. Confluence Investment Management LLC boosted its holdings in Franco-Nevada by 1.5% in the first quarter. Confluence Investment Management LLC now owns 5,874 shares of the basic materials company's stock worth $926,000 after purchasing an additional 84 shares during the last quarter. Harbour Investments Inc. lifted its holdings in Franco-Nevada by 25.8% in the fourth quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company's stock valued at $53,000 after acquiring an additional 93 shares during the period. Mutual Advisors LLC increased its holdings in Franco-Nevada by 4.0% during the fourth quarter. Mutual Advisors LLC now owns 2,477 shares of the basic materials company's stock valued at $309,000 after buying an additional 96 shares during the last quarter. Finally, Sustainable Insight Capital Management LLC lifted its position in Franco-Nevada by 2.7% during the fourth quarter. Sustainable Insight Capital Management LLC now owns 3,755 shares of the basic materials company's stock valued at $441,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 77.06% of the company's stock.

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.