Stifel Canada Boosts Earnings Estimates for Franco-Nevada

Franco-Nevada Co. (TSE:FNV - Free Report) NYSE: FNV - Equities research analysts at Stifel Canada raised their FY2025 earnings estimates for shares of Franco-Nevada in a report released on Monday, April 21st. Stifel Canada analyst I. Rico now forecasts that the company will post earnings of $6.00 per share for the year, up from their previous forecast of $5.92. The consensus estimate for Franco-Nevada's current full-year earnings is $3.11 per share.

Several other equities analysts have also weighed in on FNV. BMO Capital Markets raised shares of Franco-Nevada to a "strong-buy" rating in a research report on Wednesday, April 16th. National Bankshares decreased their target price on shares of Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. CIBC lifted their price objective on Franco-Nevada from C$260.00 to C$280.00 in a report on Thursday, April 17th. TD Securities lowered shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target on the stock. in a report on Tuesday, March 11th. Finally, Stifel Nicolaus raised their target price on shares of Franco-Nevada from C$220.00 to C$265.00 in a research report on Monday, April 21st. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Franco-Nevada has an average rating of "Buy" and a consensus target price of C$209.00.

Franco-Nevada Trading Down 0.7 %

Shares of FNV traded down C$1.54 during mid-day trading on Wednesday, reaching C$234.17. The company's stock had a trading volume of 105,826 shares, compared to its average volume of 319,424. Franco-Nevada has a 1-year low of C$156.31 and a 1-year high of C$245.55. The business has a 50-day simple moving average of C$217.89 and a two-hundred day simple moving average of C$192.09. The stock has a market cap of C$31.78 billion, a P/E ratio of -50.57, a PEG ratio of 5.00 and a beta of 0.68.

Insider Buying and Selling

In other news, Senior Officer Sandip Rana sold 5,675 shares of Franco-Nevada stock in a transaction on Thursday, March 20th. The stock was sold at an average price of C$223.86, for a total transaction of C$1,270,422.53. Also, Director Paul Brink sold 5,448 shares of Franco-Nevada stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of C$223.81, for a total transaction of C$1,219,335.40. Insiders have sold 16,054 shares of company stock worth $3,563,292 in the last quarter. Insiders own 0.69% of the company's stock.

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.