Franco-Nevada FY2025 EPS Raised by National Bank Financial

Key Points

• National Bank Financial has raised its FY2025 earnings estimate for Franco-Nevada to $5.09 per share, up from the previous estimate of $5.01, reflecting positive growth expectations.
• In its most recent quarterly report, Franco-Nevada reported earnings of $1.24 per share, exceeding the analyst consensus by $0.14, while revenue increased 42.0% year-over-year.
• Franco-Nevada's quarterly dividend of $0.38 per share represents an annualized dividend yield of 0.7% and will be paid out on September 25th.

Franco-Nevada Corporation (NYSE:FNV - Free Report) TSE: FNV - Research analysts at National Bank Financial boosted their FY2025 earnings estimates for shares of Franco-Nevada in a report released on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will post earnings of $5.09 per share for the year, up from their prior estimate of $5.01. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last announced its quarterly earnings results on Monday, August 11th. The basic materials company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.14. Franco-Nevada had a net margin of 58.82% and a return on equity of 12.56%. The company had revenue of $369.40 million for the quarter, compared to analysts' expectations of $382.70 million. During the same quarter in the previous year, the company earned $0.75 earnings per share. Franco-Nevada's quarterly revenue was up 42.0% on a year-over-year basis.

Several other equities research analysts have also weighed in on FNV. UBS Group upped their price target on Franco-Nevada from $210.00 to $250.00 and gave the stock a "buy" rating in a research note on Friday, September 19th. Zacks Research downgraded shares of Franco-Nevada from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 20th. Raymond James Financial lifted their price target on shares of Franco-Nevada from $203.00 to $218.00 and gave the company an "outperform" rating in a research report on Tuesday. BMO Capital Markets restated an "outperform" rating on shares of Franco-Nevada in a report on Wednesday, May 28th. Finally, CIBC reissued an "outperform" rating on shares of Franco-Nevada in a research report on Tuesday, July 15th. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $187.63.

Franco-Nevada Stock Performance

FNV stock opened at $209.94 on Thursday. Franco-Nevada has a fifty-two week low of $112.70 and a fifty-two week high of $218.58. The company has a market capitalization of $40.46 billion, a price-to-earnings ratio of 51.58, a price-to-earnings-growth ratio of 2.80 and a beta of 0.41. The business's 50 day moving average price is $181.68 and its two-hundred day moving average price is $169.15.

Hedge Funds Weigh In On Franco-Nevada

A number of hedge funds have recently bought and sold shares of FNV. CX Institutional purchased a new stake in shares of Franco-Nevada during the 1st quarter valued at about $30,000. Cullen Frost Bankers Inc. purchased a new stake in Franco-Nevada during the first quarter valued at approximately $32,000. MTM Investment Management LLC bought a new position in Franco-Nevada in the 2nd quarter worth $32,000. Smartleaf Asset Management LLC raised its stake in shares of Franco-Nevada by 600.0% in the second quarter. Smartleaf Asset Management LLC now owns 196 shares of the basic materials company's stock worth $32,000 after buying an additional 168 shares during the period. Finally, Golden State Wealth Management LLC lifted its holdings in Franco-Nevada by 78.3% during the second quarter. Golden State Wealth Management LLC now owns 205 shares of the basic materials company's stock valued at $34,000 after purchasing an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 77.06% of the company's stock.

Franco-Nevada Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 11th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $1.52 annualized dividend and a dividend yield of 0.7%. Franco-Nevada's dividend payout ratio (DPR) is 37.35%.

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.

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