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 43.6% and is now trading at $146.71. 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) issued its quarterly earnings data on Wednesday, May, 6th. The basic materials company reported $0.58 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.55 by $0.03. The basic materials company earned $240.50 million during the quarter, compared to analyst estimates of $237.92 million. Franco Nevada had a return on equity of 7.85% and a net margin of 19.91%. The business's revenue was up 33.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.35 earnings per share. View Franco Nevada's earnings history.

Franco Nevada announced a quarterly dividend on Friday, May 8th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.26 per share on Thursday, June 25th. This represents a $1.04 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Wednesday, June 10th. This is a positive change from Franco Nevada's previous quarterly dividend of $0.25. View Franco Nevada's dividend history.

12 equities research analysts have issued 1 year price targets for Franco Nevada's stock. Their forecasts range from $91.00 to $228.00. On average, they expect Franco Nevada's share price to reach $146.27 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View analysts' price targets for Franco Nevada.

News stories about FNV stock have trended somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Franco Nevada earned a news sentiment score of -1.5 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Franco Nevada.

Franco Nevada saw a drop in short interest in June. As of June 30th, there was short interest totaling 3,000,000 shares, a drop 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 presently 2.7 days. Currently, 1.6% of the shares of the stock 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), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), 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 shareholders include Hexavest Inc. (0.14%), Addenda Capital Inc. (0.01%), Confluence Investment Management LLC (0.01%), Envestnet Asset Management Inc. (0.01%), Veracity Capital LLC (0.00%) and Boenning & Scattergood 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 purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Veracity Capital LLC, Trust Co. of Toledo NA OH, Larson Financial Group LLC, and Boenning & Scattergood Inc..

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 $146.71.

Franco Nevada has a market capitalization of $27.87 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]