Franco-Nevada FY2025 EPS Raised by National Bank Financial

Franco-Nevada Corporation (NYSE:FNV - Free Report) TSE: FNV - Research analysts at National Bank Financial raised their FY2025 earnings per share estimates for Franco-Nevada in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle now expects that the basic materials company will earn $4.83 per share for the year, up from their prior forecast of $4.49. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share. National Bank Financial also issued estimates for Franco-Nevada's FY2026 earnings at $6.00 EPS.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last issued its earnings results on Thursday, May 8th. The basic materials company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.00 by $0.07. Franco-Nevada had a return on equity of 11.40% and a net margin of 50.39%. The company had revenue of $368.40 million for the quarter, compared to analyst estimates of $328.79 million. During the same period in the prior year, the firm earned $0.76 earnings per share. Franco-Nevada's revenue for the quarter was up 43.5% on a year-over-year basis.

A number of other equities analysts have also weighed in on the company. Raymond James Financial set a $186.00 target price on Franco-Nevada and gave the stock an "outperform" rating in a research report on Wednesday, May 28th. National Bankshares reaffirmed a "sector perform" rating on shares of Franco-Nevada in a research report on Tuesday, June 24th. Scotiabank lifted their target price on Franco-Nevada from $165.00 to $169.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th. Royal Bank Of Canada lifted their target price on Franco-Nevada from $160.00 to $190.00 and gave the company a "sector perform" rating in a research report on Wednesday, June 4th. Finally, CIBC reaffirmed an "outperform" rating on shares of Franco-Nevada in a research report on Tuesday, July 15th. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $172.13.

Franco-Nevada Price Performance

Shares of NYSE:FNV traded up $2.42 during trading on Friday, reaching $156.82. 209,671 shares of the stock were exchanged, compared to its average volume of 750,859. Franco-Nevada has a 1-year low of $112.70 and a 1-year high of $179.99. The stock has a fifty day moving average of $164.67 and a two-hundred day moving average of $153.63. The firm has a market cap of $30.21 billion, a price-to-earnings ratio of 49.01, a price-to-earnings-growth ratio of 2.08 and a beta of 0.41.

Hedge Funds Weigh In On Franco-Nevada

Several hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Franco-Nevada during the fourth quarter worth approximately $12,280,000. Envestnet Portfolio Solutions Inc. boosted its position in Franco-Nevada by 41.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 11,484 shares of the basic materials company's stock valued at $1,350,000 after buying an additional 3,341 shares during the period. Harbour Investments Inc. grew its stake in shares of Franco-Nevada by 25.8% during the fourth quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company's stock valued at $53,000 after buying an additional 93 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of Franco-Nevada by 154.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,277 shares of the basic materials company's stock valued at $150,000 after buying an additional 776 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of Franco-Nevada by 23.1% in the fourth quarter. Parallel Advisors LLC now owns 2,692 shares of the basic materials company's stock worth $317,000 after buying an additional 505 shares during the period. Hedge funds and other institutional investors own 77.06% of the company's stock.

Franco-Nevada Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, June 12th were paid a dividend of $0.38 per share. The ex-dividend date was Thursday, June 12th. This represents a $1.52 annualized dividend and a yield of 0.97%. Franco-Nevada's dividend payout ratio is currently 47.50%.

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.