FY2025 EPS Estimates for Franco-Nevada Lifted by Analyst

Key Points

• Franco-Nevada Co. saw its FY2025 earnings estimates lifted by National Bank Financial from $6.86 to $7.02 per share, significantly higher than the current full-year estimate of $3.11.
• Equities analysts are bullish on Franco-Nevada, with a consensus rating of Strong Buy and price targets rising, including Bank of America's increase from C$255.00 to C$290.00.
• Insider trading activity includes the sale of shares by insiders, with Adrian Wong selling 500 shares and Director Boris De Vries selling 2,000 shares, signaling a reduction in their holdings.

Franco-Nevada Co. (TSE:FNV - Free Report) NYSE: FNV - Equities research analysts at National Bank Financial raised their FY2025 earnings estimates for shares of Franco-Nevada in a report issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $7.02 for the year, up from their prior estimate of $6.86. The consensus estimate for Franco-Nevada's current full-year earnings is $3.11 per share.

Other equities analysts also recently issued research reports about the company. BMO Capital Markets raised their target price on Franco-Nevada from C$260.00 to C$261.00 in a research report on Wednesday, May 28th. Canaccord Genuity Group raised their target price on Franco-Nevada from C$262.00 to C$267.00 in a research report on Tuesday, June 10th. Finally, Bank of America lifted their price objective on Franco-Nevada from C$255.00 to C$290.00 in a report on Friday, August 29th. Three investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Strong Buy" and a consensus price target of C$240.00.

Franco-Nevada Stock Down 1.3%

Shares of FNV opened at C$291.63 on Thursday. The stock has a market cap of C$56.20 billion, a price-to-earnings ratio of 71.65, a P/E/G ratio of 5.00 and a beta of 0.53. Franco-Nevada has a 12 month low of C$157.70 and a 12 month high of C$298.40. The company has a 50-day moving average price of C$250.38 and a two-hundred day moving average price of C$234.42.

Insider Transactions at Franco-Nevada

In other Franco-Nevada news, insider Adrian Wong sold 500 shares of Franco-Nevada stock in a transaction on Monday, September 8th. The stock was sold at an average price of C$272.00, for a total value of C$136,000.00. Following the completion of the transaction, the insider owned 9,613 shares in the company, valued at approximately C$2,614,736. The trade was a 4.94% decrease in their position. Also, Director Boris De Vries sold 2,000 shares of Franco-Nevada stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of C$262.30, for a total value of C$524,598.00. Following the completion of the transaction, the director directly owned 4,770 shares of the company's stock, valued at C$1,251,166.23. This represents a 29.54% decrease in their ownership of the stock. In the last quarter, insiders have sold 15,560 shares of company stock worth $4,228,233. 0.69% of the stock is owned by company insiders.

About Franco-Nevada

Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration.

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