Raymond James Increases Earnings Estimates for Franco-Nevada

Franco-Nevada Co. (NYSE:FNV - Free Report) TSE: FNV - Analysts at Raymond James raised their FY2025 earnings per share estimates for shares of Franco-Nevada in a report issued on Tuesday, May 27th. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings of $4.53 per share for the year, up from their prior forecast of $4.51. Raymond James has a "Outperform" rating and a $186.00 price objective on the stock. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share. Raymond James also issued estimates for Franco-Nevada's Q1 2026 earnings at $1.11 EPS, Q2 2026 earnings at $1.16 EPS, Q3 2026 earnings at $1.16 EPS, Q4 2026 earnings at $1.22 EPS and FY2026 earnings at $4.65 EPS.

Other analysts also recently issued research reports about the company. Wall Street Zen raised Franco-Nevada from a "hold" rating to a "buy" rating in a research note on Monday, April 7th. Scotiabank boosted 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. National Bankshares reissued a "sector perform" rating on shares of Franco-Nevada in a research report on Wednesday, April 23rd. TD Securities downgraded Franco-Nevada from a "buy" rating to a "hold" rating and set a $152.00 target price on the stock. in a research report on Tuesday, March 11th. Finally, UBS Group boosted their target price on Franco-Nevada from $170.00 to $190.00 and gave the company a "buy" rating in a research report on Friday, April 11th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $165.25.

Franco-Nevada Stock Performance

NYSE:FNV traded up $0.73 during trading hours on Thursday, reaching $169.02. The stock had a trading volume of 734,663 shares, compared to its average volume of 727,219. Franco-Nevada has a 52 week low of $112.70 and a 52 week high of $178.74. The company has a 50 day moving average price of $163.00 and a two-hundred day moving average price of $142.24. The stock has a market capitalization of $32.55 billion, a PE ratio of -53.49, a PEG ratio of 9.78 and a beta of 0.45.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last released its quarterly earnings data on Thursday, May 8th. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.07. Franco-Nevada had a positive return on equity of 10.55% and a negative net margin of 55.28%. The business had revenue of $368.40 million for the quarter, compared to the consensus estimate of $328.79 million. During the same quarter in the previous year, the company posted $0.76 EPS. The company's revenue was up 43.5% compared to the same quarter last year.

Hedge Funds Weigh In On Franco-Nevada

A number of large investors have recently bought and sold shares of FNV. Massachusetts Financial Services Co. MA lifted its holdings in shares of Franco-Nevada by 1.7% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 12,207,413 shares of the basic materials company's stock worth $1,923,400,000 after buying an additional 207,232 shares during the period. Van ECK Associates Corp increased its position in Franco-Nevada by 2.3% during the 4th quarter. Van ECK Associates Corp now owns 8,538,788 shares of the basic materials company's stock valued at $1,004,046,000 after buying an additional 193,968 shares in the last quarter. Capital World Investors increased its position 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 buying an additional 711,591 shares in the last quarter. Vanguard Group Inc. increased its position in Franco-Nevada by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 7,845,339 shares of the basic materials company's stock valued at $1,233,891,000 after buying an additional 45,924 shares in the last quarter. Finally, Bank of Montreal Can increased its position in Franco-Nevada by 0.3% during the 4th quarter. Bank of Montreal Can now owns 5,300,880 shares of the basic materials company's stock valued at $622,124,000 after buying an additional 15,273 shares in the last quarter. Hedge funds and other institutional investors own 77.06% of the company's stock.

Franco-Nevada Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, June 12th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Thursday, June 12th. Franco-Nevada's payout ratio is currently 47.50%.

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.