Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV had its price target raised by equities research analysts at Raymond James Financial from $186.00 to $188.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the basic materials company's stock. Raymond James Financial's price objective indicates a potential upside of 6.20% from the stock's previous close. Raymond James Financial also issued estimates for Franco-Nevada's Q3 2025 earnings at $1.40 EPS, Q4 2025 earnings at $1.20 EPS, FY2025 earnings at $4.91 EPS, Q1 2026 earnings at $1.13 EPS, Q3 2026 earnings at $1.18 EPS, Q4 2026 earnings at $1.17 EPS and FY2026 earnings at $4.63 EPS.
FNV has been the topic of several other research reports. UBS Group lifted their target price on Franco-Nevada from $205.00 to $210.00 and gave the company a "buy" rating in a research note on Thursday, July 3rd. National Bankshares reissued a "sector perform" rating on shares of Franco-Nevada in a research note on Tuesday, June 24th. TD Securities lifted their target price on Franco-Nevada from $182.00 to $184.00 and gave the company a "hold" rating in a research note on Tuesday. CIBC reissued an "outperform" rating on shares of Franco-Nevada in a research note on Tuesday, July 15th. Finally, HC Wainwright lifted their price objective on Franco-Nevada from $195.00 to $200.00 and gave the stock a "buy" rating in a research note on Tuesday. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Franco-Nevada currently has an average rating of "Moderate Buy" and an average target price of $178.88.
Check Out Our Latest Report on FNV
Franco-Nevada Price Performance
Shares of FNV stock traded down $0.35 during trading hours on Tuesday, reaching $177.02. 755,889 shares of the company traded hands, compared to its average volume of 725,649. Franco-Nevada has a 12-month low of $112.70 and a 12-month high of $180.98. The company has a market cap of $34.11 billion, a P/E ratio of 43.49, a P/E/G ratio of 2.36 and a beta of 0.36. The firm has a 50-day moving average price of $165.02 and a 200 day moving average price of $158.83.
Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last posted its quarterly earnings data on Monday, August 11th. The basic materials company reported $1.24 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.14. Franco-Nevada had a return on equity of 12.56% and a net margin of 58.82%. The firm had revenue of $369.40 million for the quarter, compared to analysts' expectations of $382.70 million. During the same period in the previous year, the firm earned $0.75 EPS. The business's quarterly revenue was up 42.0% on a year-over-year basis. Sell-side analysts predict that Franco-Nevada will post 3.09 EPS for the current year.
Hedge Funds Weigh In On Franco-Nevada
A number of institutional investors and hedge funds have recently modified their holdings of FNV. CX Institutional purchased a new position in Franco-Nevada during the 1st quarter valued at $30,000. Cullen Frost Bankers Inc. bought a new position in Franco-Nevada in the 1st quarter valued at $32,000. MTM Investment Management LLC bought a new position in Franco-Nevada in the 2nd quarter valued at $32,000. Smartleaf Asset Management LLC grew its position in Franco-Nevada by 600.0% in the 2nd 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. Finally, Golden State Wealth Management LLC grew its position in Franco-Nevada by 78.3% in the 2nd 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. Hedge funds and other institutional investors own 77.06% of the company's stock.
About Franco-Nevada
(
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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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