Franco-Nevada - FNV Stock Forecast, Price & News

9 Wall Street 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 4 buy ratings for the stock. The consensus among Wall Street 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.
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9 brokerages have issued twelve-month target prices for Franco-Nevada's shares. Their FNV share price forecasts range from $115.00 to $240.00. On average, they expect the company's stock price to reach $166.43 in the next year. 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 start of the year. Since then, FNV stock has increased by 5.8% and is now trading at $144.42.
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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 presently 4.7 days. Currently, 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) issued its quarterly earnings results on Wednesday, March, 15th. The basic materials company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.01. The basic materials company earned $320.40 million during the quarter, compared to the consensus estimate of $307.88 million. Franco-Nevada had a trailing twelve-month return on equity of 11.12% and a net margin of 53.25%. Franco-Nevada's quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.86 earnings per share.

Franco-Nevada announced a quarterly dividend on Tuesday, January 17th. Investors of record on Thursday, March 16th will be paid a dividend of $0.34 per share on Thursday, March 30th. This represents a $1.36 dividend on an annualized basis and a dividend 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 $1.37 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 37.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FNV will have a dividend payout ratio of 35.86% 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 retail and institutional 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.