Franco-Nevada Q1 EPS Boosted by National Bank Financial

Franco-Nevada Co. (NYSE:FNV - Free Report) TSE: FNV - Analysts at National Bank Financial raised their Q1 2025 earnings estimates for Franco-Nevada in a research report issued on Tuesday, April 22nd. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will post earnings per share of $1.14 for the quarter, up from their previous estimate of $1.10. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last announced its quarterly earnings results on Monday, March 10th. The basic materials company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.05. Franco-Nevada had a negative net margin of 55.28% and a positive return on equity of 10.55%. The business had revenue of $321.00 million during the quarter, compared to analysts' expectations of $304.33 million. During the same period last year, the business earned $0.90 earnings per share. The business's revenue for the quarter was up 5.8% on a year-over-year basis.

FNV has been the subject of a number of other research reports. Raymond James lifted their price objective on shares of Franco-Nevada from $162.00 to $181.00 and gave the company an "outperform" rating in a report on Friday, April 4th. StockNews.com upgraded Franco-Nevada from a "hold" rating to a "buy" rating in a research note on Monday, April 7th. BMO Capital Markets started coverage on Franco-Nevada in a research note on Wednesday, April 16th. They issued an "outperform" rating on the stock. TD Securities cut Franco-Nevada from a "buy" rating to a "hold" rating and set a $152.00 price target on the stock. in a research note on Tuesday, March 11th. Finally, Royal Bank of Canada lifted their target price on Franco-Nevada from $145.00 to $155.00 and gave the stock a "sector perform" rating in a research report on Tuesday, February 11th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $162.25.

Franco-Nevada Price Performance

Shares of FNV stock traded up $2.48 during trading on Friday, reaching $171.42. The company's stock had a trading volume of 317,163 shares, compared to its average volume of 881,025. The company has a market capitalization of $33.01 billion, a price-to-earnings ratio of -54.25, a P/E/G ratio of 9.78 and a beta of 0.68. The stock's 50-day moving average price is $154.62 and its 200 day moving average price is $136.70. Franco-Nevada has a 1-year low of $112.70 and a 1-year high of $178.74.

Institutional Investors Weigh In On Franco-Nevada

A number of hedge funds and other institutional investors have recently made changes to their positions in FNV. CX Institutional acquired a new stake in Franco-Nevada in the 1st quarter worth about $30,000. Nexus Investment Management ULC acquired a new stake in Franco-Nevada in the 1st quarter worth about $35,000. Golden State Wealth Management LLC boosted its stake in Franco-Nevada by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 230 shares of the basic materials company's stock worth $36,000 after buying an additional 115 shares during the last quarter. Hexagon Capital Partners LLC boosted its stake in Franco-Nevada by 494.7% in the 1st quarter. Hexagon Capital Partners LLC now owns 226 shares of the basic materials company's stock worth $36,000 after buying an additional 188 shares during the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in Franco-Nevada in the 4th quarter worth about $47,000. Hedge funds and other institutional investors own 77.06% of the company's stock.

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.