NYSE:FNVFranco Nevada Stock Price, Forecast & News

Franco Nevada's stock was trading at $102.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FNV stock has increased by 40.0% and is now trading at $143.00. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franco Nevada in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Franco Nevada.

Franco Nevada is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Franco Nevada.

Franco Nevada Corp (NYSE:FNV) released its quarterly earnings data on Wednesday, May, 6th. The basic materials company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.03. The basic materials company had revenue of $240.50 million for the quarter, compared to analyst estimates of $237.92 million. Franco Nevada had a net margin of 19.91% and a return on equity of 7.85%. The company's revenue for the quarter was up 33.6% on a year-over-year basis. During the same period last year, the firm posted $0.35 earnings per share. View Franco Nevada's earnings history.

Franco Nevada announced a quarterly dividend on Friday, May 8th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.26 per share on Thursday, June 25th. This represents a $1.04 annualized dividend and a yield of 0.73%. The ex-dividend date is Wednesday, June 10th. This is an increase from Franco Nevada's previous quarterly dividend of $0.25. View Franco Nevada's dividend history.

12 analysts have issued 12-month price targets for Franco Nevada's shares. Their forecasts range from $91.00 to $228.00. On average, they expect Franco Nevada's stock price to reach $146.27 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View analysts' price targets for Franco Nevada.

Media headlines about FNV stock have been trending very negative this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Franco Nevada earned a daily sentiment score of -3.8 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Franco Nevada.

Franco Nevada saw a decline in short interest in June. As of June 30th, there was short interest totaling 3,000,000 shares, a decline of 6.5% from the June 15th total of 3,210,000 shares. Based on an average trading volume of 1,110,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.6% of the company's shares are sold short. View Franco Nevada's Current Options Chain.

Some companies that are related to Franco Nevada include Barrick Gold (ABX), Newmont Goldcorp (NEM), Barrick Gold (GOLD), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), AngloGold Ashanti (AU), Kirkland Lake Gold (KL), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY) and First Majestic Silver (AG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Franco Nevada investors own include Wheaton Precious Metals (WPM), Alibaba Group (BABA), NVIDIA (NVDA), Royal Gold (RGLD), Newmont Goldcorp (NEM), Intel (INTC), Walt Disney (DIS), Barrick Gold (GOLD), Cisco Systems (CSCO) and Micron Technology (MU).

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 retail and institutional investors. Top institutional investors include Hexavest Inc. (0.14%), Addenda Capital Inc. (0.01%), Confluence Investment Management LLC (0.01%), Envestnet Asset Management Inc. (0.01%), Trust Co. of Toledo NA OH (0.00%) and Carroll Financial Associates Inc. (0.00%).

FNV stock was sold by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Hexavest Inc., Carroll Financial Associates Inc., and Confluence Investment Management LLC.

FNV stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Trust Co. of Toledo NA OH, and Larson Financial Group LLC.

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

One share of FNV stock can currently be purchased for approximately $143.00.

Franco Nevada has a market capitalization of $27.16 billion and generates $844.10 million in revenue each year. The basic materials company earns $344.10 million in net income (profit) each year or $1.82 on an earnings per share basis. Franco Nevada employs 34 workers across the globe.

The official website for Franco Nevada is www.franco-nevada.com.

Franco Nevada's mailing address is 199 BAY STREET SUITE 2000 COMMERCE COURT WEST, TORONTO A6, M5L 1G9. The basic materials company can be reached via phone at 416-306-6300 or via email at [email protected]