Raymond James Financial Predicts Franco-Nevada Q3 Earnings

Key Points

• Raymond James Financial has reduced its Q3 2025 earnings per share estimate for Franco-Nevada Corporation from $1.52 to $1.44, while maintaining an "Outperform" rating and a price target of $234.00.
• Franco-Nevada reported Q2 earnings of $1.24 per share, exceeding analysts' expectations of $1.10, alongside a revenue of $369.4 million, which was lower than the anticipated $382.7 million.
• The company declared a quarterly dividend of $0.38 per share, which translates to an annualized dividend yield of 0.7%.

Franco-Nevada Corporation (NYSE:FNV - Free Report) TSE: FNV - Stock analysts at Raymond James Financial dropped their Q3 2025 EPS estimates for shares of Franco-Nevada in a research note issued on Thursday, October 9th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $1.44 for the quarter, down from their prior estimate of $1.52. Raymond James Financial has a "Outperform" rating and a $234.00 price target 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 Q4 2025 earnings at $1.47 EPS, FY2025 earnings at $5.21 EPS, Q1 2026 earnings at $1.35 EPS, Q2 2026 earnings at $1.40 EPS, Q3 2026 earnings at $1.40 EPS and Q4 2026 earnings at $1.45 EPS.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last issued its quarterly earnings results 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. The firm had revenue of $369.40 million for the quarter, compared to analyst estimates of $382.70 million. Franco-Nevada had a net margin of 58.82% and a return on equity of 12.56%. Franco-Nevada's quarterly revenue was up 42.0% compared to the same quarter last year. During the same period last year, the company posted $0.75 EPS.

A number of other research firms also recently commented on FNV. CIBC reiterated an "outperform" rating on shares of Franco-Nevada in a report on Tuesday, July 15th. UBS Group increased their price objective on shares of Franco-Nevada from $210.00 to $250.00 and gave the company a "buy" rating in a report on Friday, September 19th. Zacks Research downgraded shares of Franco-Nevada from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 20th. Canaccord Genuity Group downgraded shares of Franco-Nevada from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 2nd. Finally, HC Wainwright increased their price objective on shares of Franco-Nevada from $195.00 to $200.00 and gave the company a "buy" rating in a report on Tuesday, August 12th. Six research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $196.86.

Franco-Nevada Trading Up 0.3%

FNV stock opened at $204.30 on Monday. The company has a market cap of $39.37 billion, a price-to-earnings ratio of 50.20, a PEG ratio of 2.67 and a beta of 0.42. Franco-Nevada has a 12 month low of $112.70 and a 12 month high of $225.63. The firm has a 50-day moving average of $195.27 and a two-hundred day moving average of $174.73.

Franco-Nevada Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 11th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.7%. Franco-Nevada's dividend payout ratio (DPR) is presently 37.35%.

Hedge Funds Weigh In On Franco-Nevada

Hedge funds have recently made changes to their positions in the stock. CX Institutional purchased a new position in shares of Franco-Nevada during the 1st quarter worth approximately $30,000. MTM Investment Management LLC purchased a new position in shares of Franco-Nevada during the 2nd quarter worth approximately $32,000. Smartleaf Asset Management LLC boosted its position in shares of Franco-Nevada by 600.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 196 shares of the basic materials company's stock worth $32,000 after purchasing an additional 168 shares during the period. Cullen Frost Bankers Inc. purchased a new position in shares of Franco-Nevada during the 1st quarter worth approximately $32,000. Finally, Golden State Wealth Management LLC boosted its position in shares of Franco-Nevada by 78.3% during the 2nd quarter. Golden State Wealth Management LLC now owns 205 shares of the basic materials company's stock worth $34,000 after purchasing an additional 90 shares during the period. 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.

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