Q2 EPS Estimates for Franco-Nevada Reduced by Analyst

Franco-Nevada Corporation (NYSE:FNV - Free Report) TSE: FNV - Equities research analysts at Raymond James Financial lowered their Q2 2025 EPS estimates for Franco-Nevada in a report issued on Monday, July 14th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will post earnings of $1.06 per share for the quarter, down from their previous forecast of $1.08. Raymond James Financial has a "Outperform" rating and a $186.00 price objective on the stock. The consensus estimate for Franco-Nevada's current full-year earnings is $3.09 per share. Raymond James Financial also issued estimates for Franco-Nevada's FY2025 earnings at $4.59 EPS.

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

A number of other analysts have also weighed in on the company. Scotiabank increased their price objective on Franco-Nevada from $165.00 to $169.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Wall Street Zen raised shares of Franco-Nevada from a "hold" rating to a "buy" rating in a research report on Monday, April 7th. National Bankshares reissued a "sector perform" rating on shares of Franco-Nevada in a report on Tuesday, June 24th. Royal Bank Of Canada upped their price objective on shares of Franco-Nevada from $160.00 to $190.00 and gave the company a "sector perform" rating in a research note on Wednesday, June 4th. Finally, BMO Capital Markets reiterated an "outperform" rating on shares of Franco-Nevada in a report on Wednesday, May 28th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

Franco-Nevada Price Performance

Shares of Franco-Nevada stock opened at $156.86 on Wednesday. Franco-Nevada has a one year low of $112.70 and a one year high of $179.99. The business's 50 day simple moving average is $165.45 and its two-hundred day simple moving average is $152.62. The stock has a market capitalization of $30.22 billion, a P/E ratio of 49.02, a price-to-earnings-growth ratio of 2.17 and a beta of 0.41.

Hedge Funds Weigh In On Franco-Nevada

Several hedge funds and other institutional investors have recently modified their holdings of FNV. CX Institutional bought a new stake in Franco-Nevada during the 1st quarter valued at approximately $30,000. Cullen Frost Bankers Inc. bought a new stake in shares of Franco-Nevada during the first quarter valued at approximately $32,000. Nexus Investment Management ULC bought a new stake in shares of Franco-Nevada during the first quarter valued at approximately $35,000. Hexagon Capital Partners LLC grew its stake in Franco-Nevada by 494.7% in the first quarter. Hexagon Capital Partners LLC now owns 226 shares of the basic materials company's stock worth $36,000 after purchasing an additional 188 shares during the period. Finally, Golden State Wealth Management LLC raised its holdings in Franco-Nevada by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 230 shares of the basic materials company's stock worth $36,000 after purchasing an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 77.06% of the company's stock.

Franco-Nevada Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, June 12th were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date was Thursday, June 12th. Franco-Nevada's payout ratio is 47.50%.

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.

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