HC Wainwright Predicts Franco-Nevada FY2025 Earnings

Key Points

• HC Wainwright predicts that Franco-Nevada will achieve FY2025 earnings per share of $4.30, with a price target of $200.00, while the current consensus estimate is $3.09 per share.
• Franco-Nevada reported $1.24 earnings per share in its latest quarter, surpassing expectations of $1.10, while revenue increased 42.0% year-over-year but fell short of analysts' predictions.
• The company recently declared a $0.38 quarterly dividend, with a dividend yield of 0.9%, highlighting its financial performance and commitment to returning value to shareholders.

Franco-Nevada Corporation (NYSE:FNV - Free Report) TSE: FNV - HC Wainwright issued their FY2025 earnings estimates for Franco-Nevada in a note issued to investors on Tuesday, August 12th. HC Wainwright analyst H. Ihle anticipates that the basic materials company will post earnings of $4.30 per share for the year. HC Wainwright has a "Buy" rating and a $200.00 price target on the stock. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share.

A number of other equities analysts have also issued reports on the stock. TD Securities upped their target price on shares of Franco-Nevada from $182.00 to $184.00 and gave the stock a "hold" rating in a research report on Tuesday, August 12th. Royal Bank Of Canada increased their price objective on shares of Franco-Nevada from $160.00 to $190.00 and gave the company a "sector perform" rating in a report on Wednesday, June 4th. Wall Street Zen lowered shares of Franco-Nevada from a "buy" rating to a "hold" rating in a report on Saturday. CIBC restated an "outperform" rating on shares of Franco-Nevada in a report on Tuesday, July 15th. Finally, BMO Capital Markets restated an "outperform" rating on shares of Franco-Nevada in a report on Wednesday, May 28th. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $178.88.

Franco-Nevada Price Performance

Shares of FNV stock traded down $0.35 during trading hours on Thursday, reaching $177.02. 755,889 shares of the company were exchanged, compared to its average volume of 725,649. Franco-Nevada has a fifty-two week low of $112.70 and a fifty-two week high of $180.98. The stock's fifty day moving average is $165.02 and its two-hundred day moving average is $159.03. The company has a market cap of $34.11 billion, a price-to-earnings ratio of 43.49, a P/E/G ratio of 2.36 and a beta of 0.36.

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

Institutional Investors Weigh In On Franco-Nevada

Several large investors have recently made changes to their positions in the stock. CX Institutional acquired a new position in Franco-Nevada during the first quarter worth $30,000. MTM Investment Management LLC acquired a new position in Franco-Nevada during the second quarter worth $32,000. Smartleaf Asset Management LLC lifted its stake in Franco-Nevada by 600.0% in the second quarter. Smartleaf Asset Management LLC now owns 196 shares of the basic materials company's stock valued at $32,000 after acquiring an additional 168 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in Franco-Nevada in the first quarter valued at $32,000. Finally, Golden State Wealth Management LLC lifted its stake in Franco-Nevada by 78.3% in the second quarter. Golden State Wealth Management LLC now owns 205 shares of the basic materials company's stock valued at $34,000 after acquiring an additional 90 shares during the last quarter. Institutional investors own 77.06% of the company's stock.

Franco-Nevada Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders 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 0.9%. Franco-Nevada's dividend payout ratio is currently 37.35%.

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.