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

Company Overview

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.

Key Stats

• Today's Range: $120.83 to $123.34
• 50-Day Range: $113.24 to $137.22
• 52-Week Range: $102.29 to $137.60
• Volume: 401,944 shs
• Average Volume: 661,649 shs
• Market Capitalization: $23.72 billion
• P/E Ratio: N/A
• Dividend Yield: 1.17%
• Price Target: $148.86
• Consensus Rating: Moderate Buy

Franco-Nevada Stock Analysis - MarketRank™

Franco-Nevada scored higher than 74% of companies evaluated by MarketBeat, and ranked 82nd out of 189 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Franco-Nevada has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Franco-Nevada has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 21.12%

Earnings Growth

Earnings for Franco-Nevada are expected to grow by 21.12% in the coming year, from $3.22 to $3.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Franco-Nevada is -39.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Franco-Nevada is -39.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Franco-Nevada has a PEG Ratio of 20.46. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Franco-Nevada has a P/B Ratio of 3.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.60% of the float of Franco-Nevada has been sold short.

Short Interest Ratio / Days to Cover

Franco-Nevada has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Franco-Nevada has recently increased by 18.22%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Franco-Nevada pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Franco-Nevada does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Franco-Nevada will have a dividend payout ratio of 36.92% next year. This indicates that Franco-Nevada will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.60% of the float of Franco-Nevada has been sold short.

Short Interest Ratio / Days to Cover

Franco-Nevada has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Franco-Nevada has recently increased by 18.22%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.14

News Sentiment

Franco-Nevada has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Franco-Nevada this week, compared to 6 articles on an average week.

Search Interest

15 people have searched for FNV on MarketBeat in the last 30 days. This is an increase of 88% compared to the previous 30 days.

MarketBeat Follows

Only 13 people have added Franco-Nevada to their MarketBeat watchlist in the last 30 days. This is a decrease of -19% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Franco-Nevada insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.70% of the stock of Franco-Nevada is held by insiders.

Percentage Held by Institutions

77.06% of the stock of Franco-Nevada is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FNV Stock Analysis - Frequently Asked Questions

How have FNV shares performed this year?

Franco-Nevada's stock was trading at $110.81 at the beginning of 2024. Since then, FNV stock has increased by 11.2% and is now trading at $123.23.
View the best growth stocks for 2024 here.

How were Franco-Nevada's earnings last quarter?

Franco-Nevada Co. (NYSE:FNV) posted its earnings results on Wednesday, November, 6th. The basic materials company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.83 by $0.03. The company's revenue for the quarter was down 10.9% on a year-over-year basis.

Who are Franco-Nevada's major shareholders?

Franco-Nevada's top institutional investors include Massachusetts Financial Services Co. MA (6.26%), FMR LLC (5.18%), Van ECK Associates Corp (4.34%) and Victory Capital Management Inc. (1.81%).

How do I buy shares of Franco-Nevada?

Shares of FNV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 American Water Works (AWK), Waste Connections (WCN), Humana (HUM), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Ex-Dividend for 9/26 Dividend: 9/12/2024
• Dividend Payable: 9/26/2024
• Last Earnings: 11/06/2024
• Today: 11/21/2024
• Ex-Dividend for 12/19 Dividend: 12/05/2024
• Dividend Payable: 12/19/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:FNV
• CUSIP: N/A
• CIK: 1456346
• Web: www.franco-nevada.com
• Phone: (416) 306-6300
• Fax: 416-306-6330
• Employees: 40
• Year Founded: 2007

Price Target and Rating

• Average Stock Price Target: $148.86
• High Stock Price Target: $200.00
• Low Stock Price Target: $125.00
• Potential Upside/Downside: +21.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 37.91
• P/E Growth: 20.46
• Net Income: $-466,400,000.00
• Net Margins: -55.28%
• Pretax Margin: -38.15%
• Return on Equity: 10.55%
• Return on Assets: 10.09%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 23.39
• Quick Ratio: 23.39

Sales & Book Value

• Annual Sales: $1.22 billion
• Price / Sales: 19.28
• Cash Flow: $5.01 per share
• Price / Cash Flow: 24.37
• Book Value: $31.10 per share
• Price / Book: 3.93

Miscellaneous

• Outstanding Shares: 192,490,000
• Free Float: 191,146,000
• Market Cap: $23.50 billion
• Optionable: Optionable
• Beta: 0.75