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.
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9 brokerages have issued 12-month price objectives for Franco-Nevada's shares. Their FNV share price forecasts range from $115.00 to $205.00. On average, they anticipate the company's stock price to reach $168.13 in the next year. This suggests a possible upside of 18.3% from the stock's current price.
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Franco-Nevada's stock was trading at $136.48 at the start of the year. Since then, FNV stock has increased by 4.1% and is now trading at $142.14.
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Franco-Nevada saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 3,420,000 shares, a decrease of 9.3% from the December 15th total of 3,770,000 shares. Based on an average daily volume of 637,100 shares, the short-interest ratio is currently 5.4 days. Approximately 1.8% of the company's stock are short sold.
View Franco-Nevada's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our FNV earnings forecast.

Franco-Nevada Co. (NYSE:FNV) announced its quarterly earnings results on Monday, November, 7th. The basic materials company reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.01. The basic materials company earned $304.20 million during the quarter. Franco-Nevada had a net margin of 57.18% and a trailing twelve-month return on equity of 11.27%.

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 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Wednesday, March 15th. This is a boost from the stock's previous quarterly dividend of $0.32.
Read our dividend analysis for FNV.

Franco-Nevada (NYSE:FNV) pays an annual dividend of $1.28 per share and currently has a dividend yield of 0.88%. 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 32.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FNV will have a dividend payout ratio of 35.26% 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 many different retail and institutional investors. Top institutional shareholders include M&G Investment Management Ltd. (0.89%), Troy Asset Management Ltd (0.81%), National Bank of Canada FI (0.79%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), CWA Asset Management Group LLC (0.18%) and Cannell & Co. (0.10%).

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 $142.14.

Franco-Nevada (NYSE:FNV) has a market capitalization of $27.28 billion and generates $1.30 billion in revenue each year. The basic materials company earns $733.70 million in net income (profit) each year or $3.95 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.