Franco-Nevada - FNV Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franco-Nevada in the last year. There are currently 1 sell rating, 4 hold ratings and 4 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.

9 Wall Street research analysts have issued 12-month price targets for Franco-Nevada's shares. Their FNV share price forecasts range from $115.00 to $240.00. On average, they anticipate the company's share price to reach $166.43 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for FNV or view top-rated stocks among Wall Street analysts.

Franco-Nevada's stock was trading at $136.48 at the beginning of the year. Since then, FNV stock has increased by 5.8% and is now trading at $144.42.
View the best growth stocks for 2023 here.

Franco-Nevada saw a increase in short interest in February. As of February 28th, there was short interest totaling 3,020,000 shares, an increase of 8.6% from the February 13th total of 2,780,000 shares. Based on an average trading volume of 638,900 shares, the short-interest ratio is currently 4.7 days. Approximately 1.6% of the company's stock are sold short.
View Franco-Nevada's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our FNV earnings forecast.

Franco-Nevada Co. (NYSE:FNV) released its quarterly earnings results on Wednesday, March, 15th. The basic materials company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.85 by $0.01. The basic materials company had revenue of $320.40 million for the quarter, compared to analyst estimates of $307.88 million. Franco-Nevada had a net margin of 53.25% and a trailing twelve-month return on equity of 11.12%. Franco-Nevada's revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.86 EPS.

Franco-Nevada announced a quarterly dividend on Tuesday, January 17th. Stockholders of record on Thursday, March 16th will be given a dividend of $0.34 per share on Thursday, March 30th. This represents a $1.36 annualized dividend and a yield of 0.94%. The ex-dividend date is Wednesday, March 15th. This is a positive change from the stock's previous quarterly dividend of $0.32.
Read our dividend analysis for FNV.

iShares MSCI ACWI Low Carbon Target ETF holds 9,960 shares of FNV stock, representing 0.15% of its portfolio.

Franco-Nevada (NYSE:FNV) pays an annual dividend of $1.36 per share and currently has a dividend yield of 0.97%. 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 37.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FNV will have a dividend payout ratio of 35.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FNV.

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.

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).

Franco-Nevada trades on the New York Stock Exchange (NYSE) under the ticker symbol "FNV."

Franco-Nevada's stock is owned by a number of institutional and retail investors. Top institutional investors include Horizon Kinetics Asset Management LLC (76.37%), Van ECK Associates Corp (4.77%), Renaissance Technologies LLC (1.89%), Jarislowsky Fraser Ltd (1.66%), The Manufacturers Life Insurance Company (1.53%) and Victory Capital Management Inc. (1.21%).

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.
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One share of FNV stock can currently be purchased for approximately $144.42.

Franco-Nevada (NYSE:FNV) has a market capitalization of $27.71 billion and generates $1.32 billion in revenue each year. The basic materials company earns $700.60 million in net income (profit) each year or $3.65 on an earnings per share basis.

Franco-Nevada's mailing address is 199 BAY STREET SUITE 2000 COMMERCE COURT WEST, TORONTO A6, M5L 1G9. The official website for the company is www.franco-nevada.com. The basic materials company can be reached via phone at (416) 306-6300, via email at info@franco-nevada.com, or via fax at 416-306-6330.