Free Trial
TSE:FNV

Franco-Nevada (FNV) Stock Price, News & Analysis

C$159.99
-1.36 (-0.84%)
(As of 09/6/2024 ET)
Today's Range
C$159.92
C$162.36
50-Day Range
C$159.99
C$179.13
52-Week Range
C$139.19
C$196.92
Volume
263,345 shs
Average Volume
338,528 shs
Market Capitalization
C$30.79 billion
P/E Ratio
N/A
Dividend Yield
1.24%
Price Target
C$192.18

Franco-Nevada MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
20.1% Upside
C$192.18 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$85,966 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.53 out of 5 stars

FNV stock logo

About Franco-Nevada Stock (TSE:FNV)

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. Franco-Nevada Corporation was founded in 1986 and is headquartered in Toronto, Canada.

FNV Stock Price History

FNV Stock News Headlines

Top Reasons Why Gold Could Rally to $3,000 in Early 2025
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
National Bank Keeps Their Hold Rating on Franco-Nevada (FNV)
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Franco-Nevada earnings preview: what Wall Street is expecting
See More Headlines
Receive FNV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Franco-Nevada and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 6/27 Dividend
6/12/2024
Dividend Payable
6/27/2024
Last Earnings
8/13/2024
Today
9/07/2024
Ex-Dividend for 9/26 Dividend
9/12/2024
Dividend Payable
9/26/2024
Next Earnings (Estimated)
11/13/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
Precious Metals
CIK
N/A
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$192.18
High Stock Price Target
C$265.00
Low Stock Price Target
C$139.00
Potential Upside/Downside
+20.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
C$-583,400,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.12 billion
Cash Flow
C$4.53 per share
Book Value
C$30.38 per share

Miscellaneous

Free Float
N/A
Market Cap
C$30.79 billion
Optionable
Not Optionable
Beta
0.68
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Key Executives

  • Mr. Paul Brink (Age 56)
    President, CEO & Director
    Comp: $1.59M
  • Mr. Sandip Rana BBA (Age 51)
    C.A., Chief Financial Officer
    Comp: $925.98k
  • Mr. Lloyd Hyunsoo Hong (Age 51)
    Chief Legal Officer & Corporate Secretary
    Comp: $875.09k
  • Mr. Jason O'Connell (Age 45)
    Senior Vice President of Diversified
    Comp: $611.01k
  • Mr. Eaun Harrison Gray (Age 41)
    Senior Vice President of Business Development
    Comp: $673.7k
  • Dr. Pierre Paul Lassonde Ph.D. (Age 76)
    Co-Founder & Chair Emeritus
    Comp: $47.1k
  • Mr. Chris Bell
    Vice President of Geology
  • Mr. John Blanchette
    President of Barbados
  • Ms. Nalinie Mahon
    Vice President of Finance & Operations of Barbados
  • Ms. Traci Schweikert
    Chief Talent Officer

Should I Buy Franco-Nevada Stock? FNV Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Franco-Nevada Co.:

  • Franco-Nevada has a very high quick ratio of 23.26 and a current ratio of 29.40, indicating strong liquidity and ability to cover short-term obligations easily.
  • The company recently increased its quarterly dividend to $0.497 per share, showing a commitment to rewarding shareholders and potentially attracting income-focused investors.
  • Insiders have been actively buying and selling shares, with recent transactions indicating confidence in the company's performance and potential growth.
  • The stock's 50-day simple moving average is C$167.56, slightly higher than the 200-day simple moving average of C$162.00, suggesting a positive short-term trend.
  • Franco-Nevada operates as a gold-focused royalty and streaming company in various regions, providing diversification benefits to investors interested in the precious metals sector.

Cons

Investors should be bearish about investing in Franco-Nevada Co. for these reasons:

  • The company has a debt-to-equity ratio of 1.63, which may raise concerns about its financial leverage and ability to manage debt effectively.
  • Despite the increase in dividend, Franco-Nevada's payout ratio is currently -57.23%, indicating that the company may be paying out more in dividends than it is earning.
  • Insiders have been actively selling shares, with significant amounts being offloaded in recent months, potentially signaling a lack of confidence in the company's future prospects.
  • The stock's price has fluctuated between a 1-year low of C$139.19 and a 1-year high of C$198.00, indicating volatility that may not be suitable for all investors.
  • While Franco-Nevada operates in multiple regions, including South America and Central America, geopolitical risks in these areas could impact the company's operations and financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Franco-Nevada pros and cons to contact@marketbeat.com.

FNV Stock Analysis - Frequently Asked Questions

How have FNV shares performed this year?

Franco-Nevada's stock was trading at C$146.77 at the beginning of the year. Since then, FNV stock has increased by 9.0% and is now trading at C$159.99.
View the best growth stocks for 2024 here
.

How were Franco-Nevada's earnings last quarter?

Franco-Nevada Co. (TSE:FNV) announced its earnings results on Tuesday, August, 13th. The company reported $1.03 earnings per share for the quarter, missing analysts' consensus estimates of $1.07 by $0.04. The company earned $355.88 million during the quarter. Franco-Nevada had a negative trailing twelve-month return on equity of 9.32% and a negative net margin of 51.92%.

How do I buy shares of Franco-Nevada?

Shares of FNV stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Franco-Nevada own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franco-Nevada investors own include Wheaton Precious Metals (WPM), Cisco Systems (CSCO), Enbridge (ENB), Alibaba Group (BABA), Costco Wholesale (COST), Suncor Energy (SU) and Verizon Communications (VZ).

This page (TSE:FNV) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners