HC Wainwright Forecasts Franco-Nevada FY2026 Earnings

Key Points

• HC Wainwright forecasts FY2026 EPS of $4.75 for Franco-Nevada and maintains a “Buy” rating with a $305 price target, below the broader full-year consensus estimate of $7.60.
• Franco-Nevada reported quarterly EPS of $1.81, missing the $1.95 consensus, while revenue of $580.9 million fell short of estimates but increased 57.3% year over year.
• The stock has a “Moderate Buy” consensus rating from analysts, with a $273.40 average target price; the company also declared a quarterly dividend of $0.44, implying a 0.8% annualized yield.

Franco-Nevada Corporation (NYSE:FNV - Free Report) TSE: FNV - Equities research analysts at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for Franco-Nevada in a research report issued to clients and investors on Thursday, August 13th. HC Wainwright analyst H. Ihle forecasts that the basic materials company will earn $4.75 per share for the year. HC Wainwright currently has a "Buy" rating and a $305.00 target price on the stock. The consensus estimate for Franco-Nevada's current full-year earnings is $7.60 per share.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last posted its quarterly earnings results on Tuesday, August 11th. The basic materials company reported $1.81 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.14). Franco-Nevada had a net margin of 63.79% and a return on equity of 18.58%. The company had revenue of $580.90 million during the quarter, compared to analyst estimates of $616.66 million. During the same period in the prior year, the business posted $1.24 EPS. Franco-Nevada's revenue for the quarter was up 57.3% compared to the same quarter last year.

A number of other brokerages also recently issued reports on FNV. Canaccord Genuity Group raised Franco-Nevada from a "hold" rating to a "buy" rating in a research note on Wednesday, April 29th. TD raised shares of Franco-Nevada from a "hold" rating to a "buy" rating and lowered their price target for the company from $292.00 to $291.00 in a research report on Wednesday, May 20th. Bank of America dropped their price objective on shares of Franco-Nevada from $276.00 to $238.00 and set a "neutral" rating for the company in a report on Thursday, July 9th. National Bank Financial upgraded shares of Franco-Nevada from a "sector perform" rating to an "outperform" rating in a research report on Wednesday, May 13th. Finally, TD Cowen upgraded shares of Franco-Nevada from a "hold" rating to a "buy" rating and decreased their target price for the company from $292.00 to $291.00 in a report on Wednesday, May 20th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Franco-Nevada currently has an average rating of "Moderate Buy" and a consensus target price of $273.40.

Franco-Nevada Stock Performance

NYSE FNV opened at $234.50 on Monday. The stock's fifty day moving average is $215.69 and its two-hundred day moving average is $235.14. The firm has a market capitalization of $45.23 billion, a P/E ratio of 30.65, a price-to-earnings-growth ratio of 2.14 and a beta of 0.35. Franco-Nevada has a fifty-two week low of $173.39 and a fifty-two week high of $285.67.

Franco-Nevada Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 10th. Franco-Nevada's dividend payout ratio is 23.01%.

Institutional Trading of Franco-Nevada

A number of hedge funds and other institutional investors have recently modified their holdings of FNV. Transamerica Financial Advisors LLC acquired a new position in Franco-Nevada in the fourth quarter valued at about $25,000. Private Trust Co. NA purchased a new position in Franco-Nevada during the fourth quarter worth about $29,000. Smartleaf Asset Management LLC increased its position in shares of Franco-Nevada by 600.0% during 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. Navalign LLC acquired a new stake in shares of Franco-Nevada during the fourth quarter valued at about $34,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Franco-Nevada in the 2nd quarter valued at approximately $35,000. 77.06% of the stock is owned by institutional investors and hedge funds.

About Franco-Nevada

Franco-Nevada Corporation is a Toronto-based royalty and streaming company that specializes in securing and managing long-term interests in mining properties. The firm focuses primarily on precious metals, particularly gold, while also holding interests related to silver, copper, platinum-group metals and select base metals. Rather than operating mines directly, Franco-Nevada acquires royalty and streaming agreements that entitle it to a percentage of production or revenue from producing and developing assets in exchange for upfront or staged financing.

The company’s business model centers on providing capital to mining companies in return for a sustained share of production or metal revenue, which can reduce exposure to operating and capital cost risks typical of mine operators.

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