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AMD   129.17 (+0.62%)
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NIO   7.40 (-1.20%)
BABA   72.30 (-0.04%)
AMD   129.17 (+0.62%)
T   16.84 (-1.46%)
F   11.04 (+2.03%)
MU   75.06 (+1.91%)
CGC   0.76 (+5.40%)
GE   120.36 (+0.74%)
DIS   92.69 (+0.37%)
AMC   6.92 (+1.47%)
PFE   28.72 (+0.31%)
PYPL   58.94 (+0.79%)
XOM   99.37 (+0.97%)

Franco-Nevada Stock Price, News & Analysis (NYSE:FNV)

$107.75
+0.34 (+0.32%)
(As of 01:57 PM ET)
Compare
Today's Range
$105.75
▼
$108.86
50-Day Range
$107.01
▼
$140.88
52-Week Range
$105.75
▼
$161.25
Volume
504,120 shs
Average Volume
563,984 shs
Market Capitalization
$20.70 billion
P/E Ratio
30.44
Dividend Yield
1.26%
Price Target
$155.56
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

Franco-Nevada MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
45.4% Upside
$155.56 Price Target
Short Interest
Healthy
2.10% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.20mentions of Franco-Nevada in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.71%
From $3.36 to $3.72 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Basic Materials Sector

19th out of 171 stocks

Gold & Silver Ores Industry

2nd out of 27 stocks

See Top Rated MarketRank™ Stocks Here

FNV stock logo

About Franco-Nevada Stock (NYSE:FNV)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, 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. The company was founded in 1986 and is headquartered in Toronto, Canada.

FNV Stock Price History

FNV Stock News Headlines

November 14, 2023 | marketbeat.com
Have investors struck gold with Newmont's 4.7% yield? (FNV)
Newmont’s 4.7% forward dividend yield and depressed stock price have presented a shiny opportunity for income investors.
December 5, 2023 | americanbankingnews.com
Franco-Nevada (NYSE:FNV) Sets New 1-Year Low on Analyst Downgrade
December 8, 2023 | Edge On The Street (Ad)
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
December 4, 2023 | americanbankingnews.com
National Bank Financial Brokers Cut Earnings Estimates for Franco-Nevada Co. (NYSE:FNV)
December 4, 2023 | americanbankingnews.com
Raymond James Comments on Franco-Nevada Co.'s FY2023 Earnings (NYSE:FNV)
December 3, 2023 | americanbankingnews.com
Franco-Nevada (NYSE:FNV) PT Lowered to $135.00 at Raymond James
December 3, 2023 | americanbankingnews.com
Q2 2024 EPS Estimates for Franco-Nevada Co. Decreased by Analyst (NYSE:FNV)
December 3, 2023 | americanbankingnews.com
National Bank Financial Comments on Franco-Nevada Co.'s FY2023 Earnings (NYSE:FNV)
December 8, 2023 | Edge On The Street (Ad)
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
December 2, 2023 | americanbankingnews.com
Franco-Nevada (NYSE:FNV) Price Target Cut to $135.00
November 30, 2023 | finance.yahoo.com
Franco-Nevada (FNV) Updates on Cobre Panama, Retains Guidance
November 29, 2023 | marketwatch.com
Franco-Nevada Holds to 2023 Guidance -- Commodity Comment
November 29, 2023 | finance.yahoo.com
Cobre Panama Additional Operations Update
November 28, 2023 | finance.yahoo.com
Cobre Panama Supreme Court Update
November 22, 2023 | markets.businessinsider.com
Franco-Nevada’s Stock Evaluation: Anticipated Impact of Cobre Panama Mine Closure and Potential for Future Growth
November 20, 2023 | seekingalpha.com
Franco-Nevada: Valuation Starting To Improve
November 20, 2023 | finance.yahoo.com
Cobre Panama Additional Operations Update and Revised Franco-Nevada Guidance
November 17, 2023 | morningstar.com
Franco-Nevada Corp FNV
November 13, 2023 | juniorminingnetwork.com
Franco-Nevada: Cobre Panama Operations Update
November 13, 2023 | finance.yahoo.com
The total return for Franco-Nevada (TSE:FNV) investors has risen faster than earnings growth over the last five years
November 13, 2023 | finance.yahoo.com
Cobre Panama Operations Update
November 10, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These NA Stocks: Franco-Nevada (FNV) and Suncor Energy (SU)
November 10, 2023 | finance.yahoo.com
Franco-Nevada Corporation (NYSE:FNV) Q3 2023 Earnings Call Transcript
November 10, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These NA Stocks: Suncor Energy (SU), Crew Energy (OtherCWEGF) and Franco-Nevada (FNV)
November 3, 2023 | theglobeandmail.com
Pitching in: Supporting the arts as a philanthropist
November 3, 2023 | finance.yahoo.com
Panama Update
October 30, 2023 | marketwatch.com
Franco-Nevada Corp. stock falls Monday, underperforms market
See More Headlines
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Company Calendar

Ex-Dividend for 9/28 Dividend
9/13/2023
Dividend Payable
9/28/2023
Last Earnings
11/08/2023
Ex-Dividend for 12/21 Dividend
12/06/2023
Today
12/08/2023
Dividend Payable
12/21/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/20/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Gold & silver ores
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
NYSE:FNV
CUSIP
N/A
CIK
1456346
Web
www.franco-nevada.com
Phone
(416) 306-6300
Fax
416-306-6330
Employees
38
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$155.56
High Stock Price Target
$230.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+44.9%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.54
Trailing P/E Ratio
30.34
Forward P/E Ratio
31.96
P/E Growth
5.1
Net Income
$700.60 million
Net Margins
55.10%
Pretax Margin
63.96%
Return on Equity
10.23%
Return on Assets
9.91%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
37.72
Quick Ratio
37.72

Sales & Book Value

Annual Sales
$1.24 billion
Price / Sales
16.69
Cash Flow
$4.87 per share
Price / Cash Flow
22.07
Book Value
$33.44 per share
Price / Book
3.21

Miscellaneous

Outstanding Shares
192,119,000
Free Float
190,774,000
Market Cap
$20.63 billion
Optionable
Optionable
Beta
0.69

Social Links

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Key Executives

  • Mr. Paul Brink (Age 55)
    President, CEO & Director
    Comp: $1.98M
  • Mr. Sandip Rana BBA (Age 50)
    C.A., Chief Financial Officer
    Comp: $1.02M
  • Mr. Lloyd Hyunsoo Hong (Age 50)
    Chief Legal Officer & Corporate Secretary
    Comp: $939.45k
  • Mr. Jason O'Connell (Age 44)
    Senior Vice President of Diversified
    Comp: $608.82k
  • Mr. Eaun Harrison Gray (Age 40)
    Senior Vice President of Business Development
    Comp: $752.3k
  • Dr. Pierre Paul Lassonde Ph.D. (Age 75)
    Co-Founder & Chair Emeritus
    Comp: $34.32k
  • Mr. Chris Bell
    Vice President of Geology
  • Mr. John Blanchette
    President of Barbados
  • Ms. Nalinie Mahon
    Vice President of Finance & Operations of Barbados
  • Ms. Traci Schweikert
    Chief Talent Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Franco-Nevada Stock? FNV Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Franco-Nevada was last updated on Tuesday, November 28, 2023 at 9:34 PM.

Pros

Here are some ways that investors could benefit from investing in Franco-Nevada Co.:

  • Franco-Nevada Corporation operates as a gold-focused royalty and streaming company, which provides investors with exposure to the precious metals market.
  • The company manages its portfolio with a focus on precious metals such as gold, silver, and platinum group metals, which have historically been considered safe-haven assets during times of economic uncertainty.
  • Franco-Nevada engages in the sale of crude oil, natural gas, and natural gas liquids, providing diversification beyond precious metals and potentially benefiting from the energy sector.
  • Recent developments in the company's stake ownership by Bank of America Corp DE, The Manufacturers Life Insurance Company, Bessemer Group Inc., and Quadrature Capital Ltd indicate confidence from institutional investors, which could be seen as a positive signal for individual investors.
  • The current stock price of Franco-Nevada Co. should be considered as a potential investment opportunity, as it reflects the market's valuation of the company's future prospects.

Cons

Investors should be bearish about investing in Franco-Nevada Co. for these reasons:

  • Investing in the basic materials sector, particularly in companies focused on precious metals, carries inherent risks due to the volatility of commodity prices.
  • The company's performance is influenced by factors such as geopolitical events, economic conditions, and mining regulations, which can impact the profitability of its operations.
  • Fluctuations in the price of gold, silver, and other precious metals can have a significant impact on Franco-Nevada's financial performance and stock price.
  • Investors should carefully consider the company's financial statements, including its revenue, earnings, and cash flow, to assess its ability to generate sustainable returns.
  • It is important to conduct thorough research and analysis of Franco-Nevada Co.'s competitive position, market trends, and industry dynamics to make informed investment decisions.














FNV Stock Analysis - Frequently Asked Questions

Should I buy or sell Franco-Nevada stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franco-Nevada in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FNV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FNV, but not buy additional shares or sell existing shares.
View FNV analyst ratings or view top-rated stocks.

What is Franco-Nevada's stock price target for 2024?

8 Wall Street research analysts have issued 12 month price targets for Franco-Nevada's shares. Their FNV share price targets range from $95.00 to $230.00. On average, they expect the company's stock price to reach $155.56 in the next twelve months. This suggests a possible upside of 45.4% from the stock's current price.
View analysts price targets for FNV or view top-rated stocks among Wall Street analysts.

How have FNV shares performed in 2023?

Franco-Nevada's stock was trading at $136.48 at the start of the year. Since then, FNV shares have decreased by 21.6% and is now trading at $106.99.
View the best growth stocks for 2023 here.

When is Franco-Nevada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024.
View our FNV earnings forecast.

How were Franco-Nevada's earnings last quarter?

Franco-Nevada Co. (NYSE:FNV) posted its quarterly earnings data on Wednesday, November, 8th. The basic materials company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The basic materials company earned $309.50 million during the quarter, compared to analyst estimates of $317.93 million. Franco-Nevada had a net margin of 55.10% and a trailing twelve-month return on equity of 10.23%. Franco-Nevada's revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.83 EPS.

How often does Franco-Nevada pay dividends? What is the dividend yield for Franco-Nevada?

Franco-Nevada announced a quarterly dividend on Wednesday, November 8th. Shareholders of record on Thursday, December 7th will be paid a dividend of $0.34 per share on Thursday, December 21st. This represents a $1.36 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Wednesday, December 6th.
Read our dividend analysis for FNV.

Is Franco-Nevada a good dividend stock?

Franco-Nevada (NYSE:FNV) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.20%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FNV will have a dividend payout ratio of 36.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FNV.

What ETFs hold Franco-Nevada's stock?

ETFs with the largest weight of Franco-Nevada (NYSE:FNV) stock in their portfolio include iShares North American Natural Resources ETF (IGE).BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD).

What is David Harquail's approval rating as Franco-Nevada's CEO?

3 employees have rated Franco-Nevada Chief Executive Officer David Harquail on Glassdoor.com. David Harquail has an approval rating of 100% among the company's employees. This puts David Harquail in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Franco-Nevada own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Franco-Nevada investors own include Wheaton Precious Metals (WPM), NVIDIA (NVDA), Cisco Systems (CSCO), Alibaba Group (BABA), Intel (INTC), Newmont (NEM), Royal Gold (RGLD), Johnson & Johnson (JNJ), Barrick Gold (GOLD) and Verizon Communications (VZ).

Who are Franco-Nevada's major shareholders?

Franco-Nevada's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (8.62%), Massachusetts Financial Services Co. MA (5.43%), Van ECK Associates Corp (4.16%), The Manufacturers Life Insurance Company (1.77%), Victory Capital Management Inc. (1.40%) and First Eagle Investment Management LLC (1.18%).

How do I buy shares of Franco-Nevada?

Shares of FNV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:FNV) was last updated on 12/8/2023 by MarketBeat.com Staff

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