Franco-Nevada (FNV) to Release Quarterly Earnings on Wednesday

Franco-Nevada (TSE:FNV - Get Free Report) NYSE: FNV will be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of C$0.93 per share for the quarter.

Franco-Nevada (TSE:FNV - Get Free Report) NYSE: FNV last announced its quarterly earnings results on Tuesday, March 5th. The company reported C$1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$1.07 by C$0.16. Franco-Nevada had a negative net margin of 38.33% and a negative return on equity of 7.65%. The business had revenue of C$412.95 million during the quarter.

Franco-Nevada Trading Down 0.0 %

Franco-Nevada stock traded down C$0.08 during trading on Wednesday, hitting C$163.00. The company had a trading volume of 193,265 shares, compared to its average volume of 377,335. Franco-Nevada has a 1-year low of C$139.19 and a 1-year high of C$217.70. The company has a current ratio of 41.21, a quick ratio of 23.26 and a debt-to-equity ratio of 1.63. The company's 50 day simple moving average is C$155.92 and its 200-day simple moving average is C$157.08. The stock has a market cap of C$31.33 billion, a price-to-earnings ratio of -48.95, a price-to-earnings-growth ratio of 5.00 and a beta of 0.63.

Franco-Nevada Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were issued a $0.477 dividend. This represents a $1.91 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend was Wednesday, March 13th. This is an increase from Franco-Nevada's previous quarterly dividend of $0.47. Franco-Nevada's dividend payout ratio (DPR) is -58.86%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Veritas Investment Research lifted their target price on shares of Franco-Nevada from C$149.00 to C$173.00 in a report on Friday, April 12th. BMO Capital Markets decreased their price target on shares of Franco-Nevada from C$200.00 to C$195.00 in a research report on Wednesday, March 6th. Eight Capital raised their price target on shares of Franco-Nevada from C$190.00 to C$200.00 and gave the company a "buy" rating in a research report on Monday. National Bankshares decreased their price target on shares of Franco-Nevada from C$172.50 to C$170.00 and set a "sector perform" rating for the company in a research report on Thursday, March 7th. Finally, Raymond James decreased their price target on shares of Franco-Nevada from C$146.00 to C$138.00 and set an "outperform" rating for the company in a research report on Thursday, March 7th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$187.50.

Insider Activity at Franco-Nevada

In related news, Senior Officer Eaun Harrison Gray sold 330 shares of the business's stock in a transaction on Monday, March 25th. The shares were sold at an average price of C$156.69, for a total value of C$51,707.70. In other news, Senior Officer Sandip Rana sold 10,749 shares of the company's stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$160.29, for a total transaction of C$1,722,952.91. Also, Senior Officer Eaun Harrison Gray sold 330 shares of the company's stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$156.69, for a total transaction of C$51,707.70. Insiders sold a total of 16,839 shares of company stock valued at $2,686,396 over the last ninety days. Insiders own 0.69% 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.