FY2025 EPS Estimates for Franco-Nevada Boosted by Analyst

Franco-Nevada Corporation (NYSE:FNV - Free Report) TSE: FNV - Stock analysts at Scotiabank boosted their FY2025 EPS estimates for Franco-Nevada in a research report issued on Tuesday, July 15th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings per share of $4.75 for the year, up from their previous forecast of $4.67. Scotiabank currently has a "Sector Perform" rating and a $169.00 target price on the stock. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share. Scotiabank also issued estimates for Franco-Nevada's FY2026 earnings at $4.98 EPS.

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

Several other equities research analysts have also issued reports on FNV. Wall Street Zen upgraded Franco-Nevada from a "hold" rating to a "buy" rating in a report on Monday, April 7th. Royal Bank Of Canada lifted their price target on Franco-Nevada from $160.00 to $190.00 and gave the company a "sector perform" rating in a report on Wednesday, June 4th. HC Wainwright reiterated a "buy" rating and set a $195.00 price target (up from $180.00) on shares of Franco-Nevada in a report on Wednesday, May 28th. CIBC reiterated an "outperform" rating on shares of Franco-Nevada in a report on Tuesday, July 15th. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Franco-Nevada in a report on Wednesday, May 28th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $172.13.

Franco-Nevada Stock Up 1.6%

Shares of FNV traded up $2.42 during trading hours on Friday, reaching $156.82. The company's stock had a trading volume of 209,671 shares, compared to its average volume of 750,859. The firm has a market cap of $30.21 billion, a price-to-earnings ratio of 49.01, a P/E/G ratio of 2.08 and a beta of 0.41. Franco-Nevada has a 1-year low of $112.70 and a 1-year high of $179.99. The company has a 50 day moving average of $164.67 and a two-hundred day moving average of $153.63.

Hedge Funds Weigh In On Franco-Nevada

A number of hedge funds have recently added to or reduced their stakes in FNV. SBI Securities Co. Ltd. grew its stake in shares of Franco-Nevada by 10.3% during the first quarter. SBI Securities Co. Ltd. now owns 683 shares of the basic materials company's stock worth $108,000 after buying an additional 64 shares during the last quarter. Beacon Financial Group grew its stake in shares of Franco-Nevada by 1.0% during the second quarter. Beacon Financial Group now owns 7,169 shares of the basic materials company's stock worth $1,175,000 after buying an additional 72 shares during the last quarter. Confluence Investment Management LLC grew its stake in shares of Franco-Nevada by 1.5% during the first quarter. Confluence Investment Management LLC now owns 5,874 shares of the basic materials company's stock worth $926,000 after buying an additional 84 shares during the last quarter. 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 worth $53,000 after buying an additional 93 shares during the last quarter. Finally, Physician Wealth Advisors Inc. raised its stake in shares of Franco-Nevada by 22.7% during the second quarter. Physician Wealth Advisors Inc. now owns 513 shares of the basic materials company's stock valued at $84,000 after acquiring an additional 95 shares during the last quarter. Institutional investors own 77.06% of the company's stock.

Franco-Nevada Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, June 12th were paid a $0.38 dividend. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $1.52 annualized dividend and a yield of 0.97%. Franco-Nevada's dividend payout ratio (DPR) is presently 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.