Stifel Canada Forecasts Franco-Nevada Q1 Earnings

Franco-Nevada Co. (NYSE:FNV - Free Report) TSE: FNV - Stifel Canada issued their Q1 2025 EPS estimates for shares of Franco-Nevada in a research note issued on Monday, April 21st. Stifel Canada analyst I. Rico expects that the basic materials company will earn $1.00 per share for the quarter. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share. Stifel Canada also issued estimates for Franco-Nevada's FY2027 earnings at $4.62 EPS.

Several other analysts also recently issued reports on FNV. BMO Capital Markets assumed coverage on shares of Franco-Nevada in a research note on Wednesday, April 16th. They set an "outperform" rating on the stock. UBS Group upped their price target on Franco-Nevada from $170.00 to $190.00 and gave the company a "buy" rating in a research report on Friday, April 11th. Raymond James increased their price objective on Franco-Nevada from $162.00 to $181.00 and gave the stock an "outperform" rating in a research note on Friday, April 4th. Scotiabank lifted their target price on Franco-Nevada from $150.00 to $165.00 and gave the company a "sector perform" rating in a research note on Monday, April 14th. Finally, National Bankshares reissued a "sector perform" rating on shares of Franco-Nevada in a research report on Wednesday, April 2nd. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $162.25.

Franco-Nevada Trading Down 0.8 %

FNV stock traded down $1.31 during mid-day trading on Tuesday, reaching $170.05. 637,722 shares of the stock traded hands, compared to its average volume of 706,702. Franco-Nevada has a 52-week low of $112.70 and a 52-week high of $178.74. The stock's fifty day moving average is $153.47 and its 200-day moving average is $136.06. The company has a market cap of $32.74 billion, a P/E ratio of -53.81, a P/E/G ratio of 9.78 and a beta of 0.68.

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

Franco-Nevada Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.89%. This is a boost from Franco-Nevada's previous quarterly dividend of $0.36. The ex-dividend date was Thursday, March 13th. Franco-Nevada's payout ratio is presently 53.15%.

Institutional Trading of Franco-Nevada

Several large investors have recently modified their holdings of the company. Norges Bank acquired a new position in Franco-Nevada during the 4th quarter worth $237,643,000. EdgePoint Investment Group Inc. increased its stake in shares of Franco-Nevada by 49.9% in the fourth quarter. EdgePoint Investment Group Inc. now owns 4,959,851 shares of the basic materials company's stock worth $582,100,000 after purchasing an additional 1,650,358 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Franco-Nevada by 246.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,164,394 shares of the basic materials company's stock worth $136,796,000 after purchasing an additional 828,166 shares during the last quarter. Capital World Investors boosted its stake in Franco-Nevada by 9.8% during the 4th quarter. Capital World Investors now owns 7,948,917 shares of the basic materials company's stock valued at $934,106,000 after purchasing an additional 711,591 shares during the period. Finally, Proficio Capital Partners LLC grew its holdings in Franco-Nevada by 11,659.0% in the 4th quarter. Proficio Capital Partners LLC now owns 482,707 shares of the basic materials company's stock valued at $56,762,000 after buying an additional 478,602 shares during the last quarter. 77.06% of the stock is owned by institutional investors.

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.