Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa. Its properties in the United States include Goldstrike, Stillwater, Gold Quarry, Marigold, Fire Creek/Midas, Bald Mountain, South Arturo and Other. Its properties in Canada include Sudbury, Detour Lake, Golden Highway, Musselwhite, Hemlo, Kirkland Lake, Timmins West, Canadian Malartic and Other. Its properties in Latin America include Antapaccay, Antamina, Candelaria, Guadalupe-Palmarejo and Other. Its properties in Rest of World include Mine Waste Solutions (MWS), Sabodala, Subika, Tasiast, Karma, Duketon, Edikan and Other.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Gold
- Sub-Industry: N/A
- Symbol: NYSE:FNV
- CUSIP: N/A
- Web: www.franco-nevada.com
- Market Cap: $14.71 billion
- Outstanding Shares: 185,458,000
- 50 Day Moving Avg: $79.22
- 200 Day Moving Avg: $72.05
- 52 Week Range: $53.31 - $85.03
Sales & Book Value:
- Trailing P/E Ratio: 100.03
- Foreward P/E Ratio: 74.83
- P/E Growth: 17.12
- Annual Revenue: $663.1 million
- Price / Sales: 22.18
- Book Value: $24.66 per share
- Price / Book: 3.22
- Annual Dividend: $0.92
- Dividend Yield: 1.2%
- EBIDTA: $511.3 million
- Net Margins: 21.26%
- Return on Equity: 4.39%
- Return on Assets: 4.31%
- Current Ratio: 18.59%
- Quick Ratio: 18.59%
- Average Volume: 555,150 shs.
- Beta: -0.07
- Short Ratio: 5.07
Frequently Asked Questions for Franco-Nevada Corporation (NYSE:FNV)
What is Franco-Nevada Corporation's stock symbol?
Franco-Nevada Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "FNV."
How often does Franco-Nevada Corporation pay dividends? What is the dividend yield for Franco-Nevada Corporation?
Franco-Nevada Corporation announced a quarterly dividend on Wednesday, August 9th. Investors of record on Thursday, September 14th will be paid a dividend of $0.23 per share on Thursday, September 28th. This represents a $0.92 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Wednesday, September 13th. View Franco-Nevada Corporation's Dividend History.
How were Franco-Nevada Corporation's earnings last quarter?
Franco-Nevada Corporation (NYSE:FNV) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. The firm earned $163.60 million during the quarter, compared to analyst estimates of $164.62 million. Franco-Nevada Corporation had a net margin of 21.26% and a return on equity of 4.39%. The company's quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.22 earnings per share. View Franco-Nevada Corporation's Earnings History.
When will Franco-Nevada Corporation make its next earnings announcement?
Where is Franco-Nevada Corporation's stock going? Where will Franco-Nevada Corporation's stock price be in 2017?
13 analysts have issued 12-month price objectives for Franco-Nevada Corporation's stock. Their forecasts range from $60.00 to $115.00. On average, they anticipate Franco-Nevada Corporation's share price to reach $82.11 in the next year. View Analyst Ratings for Franco-Nevada Corporation.
Who are some of Franco-Nevada Corporation's key competitors?
Some companies that are related to Franco-Nevada Corporation include Barrick Gold Corp (ABX), Goldcorp (G), Agnico Eagle Mines Ltd (AEM), Goldcorp (GG), Canadian Utilities Limited (CU), Randgold Resources Limited (RRS), West Fraser Timber Co. (WFT), IAMGOLD Corp (IMG), Gold Fields Limited (GFI), B2Gold Corp. (BTO), Yamana Gold (YRI), Centerra Gold (CG), Detour Gold (DGC), Alamos Gold (AGI), Osisko gold royalties Ltd (OR), Sibanye Gold Limited (SBGL), Endeavour Mining Corp (EDV) and OceanaGold (OGC).
Who are Franco-Nevada Corporation's key executives?
Franco-Nevada Corporation's management team includes the folowing people:
- Pierre Paul Lassonde, Independent Chairman of the Board
- David Harquail, President, Chief Executive Officer, Director
- Sandip Rana, Chief Financial Officer
- Paul J. Brink, Senior Vice President - Business Development
- Jason O'Connell, Vice President - Oil & Gas
- Lloyd Hyunsoo Hong, Chief Legal Officer & Corporate Secretary
- Thomas Albanese, Independent Director
- Derek W. Evans, Independent Director
- Graham Farquharson, Independent Director
- Catharine E. G. Farrow Ph.D., Independent Director
Who owns Franco-Nevada Corporation stock?
Franco-Nevada Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (8.19%), Van ECK Associates Corp (4.47%), First Eagle Investment Management LLC (3.96%), Vanguard Group Inc. (2.34%), TD Asset Management Inc. (1.90%) and Franklin Resources Inc. (1.55%). View Institutional Ownership Trends for Franco-Nevada Corporation.
Who sold Franco-Nevada Corporation stock? Who is selling Franco-Nevada Corporation stock?
Franco-Nevada Corporation's stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Addenda Capital Inc., Goldman Sachs Group Inc., Great West Life Assurance Co. Can, The Manufacturers Life Insurance Company , Commonwealth Bank of Australia, Tobam and Bridgewater Associates LP. View Insider Buying and Selling for Franco-Nevada Corporation.
Who bought Franco-Nevada Corporation stock? Who is buying Franco-Nevada Corporation stock?
Franco-Nevada Corporation's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Franklin Resources Inc., CIBC Asset Management Inc, Barometer Capital Management Inc., Fiera Capital Corp, TD Asset Management Inc., FIL Ltd and Vanguard Group Inc.. View Insider Buying and Selling for Franco-Nevada Corporation.
How do I buy Franco-Nevada Corporation stock?
Shares of Franco-Nevada Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Franco-Nevada Corporation's stock price today?
MarketBeat Community Rating for Franco-Nevada Corporation (NYSE FNV)MarketBeat's community ratings are surveys of what our community members think about Franco-Nevada Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Franco-Nevada Corporation stock can currently be purchased for approximately $79.32.
Consensus Ratings for Franco-Nevada Corporation (NYSE:FNV) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 7 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.54)|
|Consensus Price Target: ||$82.11 (3.52% upside)|
Analysts' Ratings History for Franco-Nevada Corporation (NYSE:FNV)
(Data available from 9/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/8/2017||Scotiabank||Boost Price Target||Sector Perform||$79.50 -> $82.00||Low|
|9/7/2017||Royal Bank Of Canada||Reiterated Rating||Outperform||Low|
|8/10/2017||TD Securities||Boost Price Target||Buy||$83.00 -> $88.00||Low|
|7/18/2017||Credit Suisse Group||Set Price Target||Buy||$78.00||Medium|
|7/13/2017||Barclays PLC||Lower Price Target||Equal Weight||$74.00 -> $72.00||Medium|
|6/25/2017||Deutsche Bank AG||Reiterated Rating||Hold||$65.00 -> $64.00||Low|
|6/15/2017||Raymond James Financial, Inc.||Reiterated Rating||Outperform -> Outperform||$85.00||High|
|3/10/2017||Clarkson Capital||Reiterated Rating||Neutral||High|
|2/8/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Sell -> Neutral||$60.00||N/A|
|12/5/2016||Dundee Securities||Upgrade||Neutral -> Buy||N/A|
|11/15/2016||Canaccord Genuity||Upgrade||Hold -> Buy||N/A|
|11/10/2016||Desjardins||Reiterated Rating||Buy||$110.00 -> $115.00||N/A|
|10/13/2016||National Bank Financial||Downgrade||Outperform -> Sector Perform||$95.00||N/A|
|9/9/2016||Citigroup Inc.||Upgrade||Hold||$74.00 -> $62.00||N/A|
|8/8/2016||BMO Capital Markets||Set Price Target||Hold||$108.00||N/A|
|8/9/2016||Bank of America Corporation||Initiated Coverage||Buy||N/A|
|7/7/2016||HSBC Holdings plc||Reiterated Rating||Buy||N/A|
|3/14/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$56.00||N/A|
|10/26/2015||Morgan Stanley||Boost Price Target||$57.00 -> $60.00||N/A|
Earnings History for Franco-Nevada Corporation (NYSE:FNV)Earnings History by Quarter for Franco-Nevada Corporation (NYSE FNV)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/6/2017|| || || || || || || || |
|8/8/2017||6/30/2017||$0.25||$0.25||$164.62 million||$163.60 million||View||Listen|
|5/9/2017||3/31/2017||$0.23||$0.25||$158.75 million||$172.70 million||View||Listen|
|3/22/2017||12/31/2016||$0.20||$0.24||$154.03 million||$155.30 million||View||N/A|
|11/7/2016||Q316||$0.25||$0.30||$161.94 million||$172.00 million||View||Listen|
|8/8/2016||Q216||$0.20||$0.22||$149.36 million||$150.90 million||View||N/A|
|5/4/2016||Q116||$0.13||$0.17||$132.39 million||$132.00 million||View||N/A|
|3/10/2016||Q415||$0.13||$0.15||$115.02 million||$121.30 million||View||Listen|
|11/11/2015||Q315||$0.12||$0.12||$104.60 million||$103.70 million||View||Listen|
|8/10/2015||Q215||$0.16||$0.15||$111.00 million||$109.40 million||View||Listen|
|5/6/2015||Q414||$0.17||$0.15||$12.60 million||$109.20 million||View||N/A|
|3/25/2015||Q314||$0.20||$0.20||$125.13 million||$123.00 million||View||N/A|
|11/5/2014||Q3||$0.22||$0.23||$105.16 million||$107.60 million||View||N/A|
|8/6/2014||Q214||$0.23||$0.24||$96.36 million||$107.70 million||View||N/A|
|5/7/2014||Q114||$0.23||$0.24||$101.23 million||$104.10 million||View||N/A|
|3/19/2014||Q413||$0.24||$0.21||$100.77 million||$100.00 million||View||N/A|
|11/5/2013||Q313||$0.20||$0.24||$93.80 million||$98.80 million||View||N/A|
|8/7/2013||Q213||$0.24||$0.22||$89.48 million||$93.30 million||View||N/A|
Earnings Estimates for Franco-Nevada Corporation (NYSE:FNV)
2017 EPS Consensus Estimate: $0.98
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Franco-Nevada Corporation (NYSE:FNV)
|Dividend Growth:||6.50% (3 Year Average)|
|Payout Ratio:||119.48% (Trailing 12 Months of Earnings) |
92.00% (Based on This Year's Estimates)
86.79% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Franco-Nevada Corporation (NYSE FNV)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Franco-Nevada Corporation (NYSE:FNV)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Franco-Nevada Corporation (NYSE:FNV)
Latest Headlines for Franco-Nevada Corporation (NYSE:FNV)
Franco-Nevada Corporation (FNV) Chart for Sunday, September, 24, 2017