-logo.jpg "Franco-Nevada Corporation logo")
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
Capitalization:- Market Cap: $14.71053 billion
- Outstanding Shares: 185,458,000
Average Prices:- 50 Day Moving Avg: $79.22
- 200 Day Moving Avg: $72.05
- 52 Week Range: $53.31 - $85.03
P/E:- Trailing P/E Ratio: 100.03
- Foreward P/E Ratio: 71.46
- P/E Growth: 17.12
Sales & Book Value:- Annual Revenue: $663.1 million
- Price / Sales: 22.18
- Book Value: $24.66 per share
- Price / Book: 3.22
Dividend:- Annual Dividend: $0.92
- Dividend Yield: 1.2%
Profitability:- EBIDTA: $511.3 million
- Net Margins: 21.26%
- Return on Equity: 4.39%
- Return on Assets: 4.31%
Debt:- Current Ratio: 18.59%
- Quick Ratio: 18.59%
Misc:- 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 declared a quarterly dividend on Wednesday, August 9th. Investors of record on Thursday, September 14th will be given a dividend of $0.23 per share on Thursday, September 28th. This represents a $0.92 annualized dividend 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) posted its quarterly earnings results on Tuesday, August, 8th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.25. The company 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 firm's revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business 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 brokerages have issued twelve-month target prices 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 twelve months. 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 (GOLD), 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), Alamos Gold (AGI), Detour Gold (DGC), Osisko gold royalties Ltd (OR), 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 number of of retail and institutional 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?
One share of Franco-Nevada Corporation stock can currently be purchased for approximately $79.32.
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.
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: | 7 Hold Ratings, 6 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.46) |
| Consensus Price Target: | $82.11 (3.52% upside) |
Analysts' Ratings History for Franco-Nevada Corporation (NYSE:FNV)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/25/2017 | Credit Suisse Group | Downgrade | Outperform -> Neutral | | Low |  |
| 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 | |
| 7/13/2017 | 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 | 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 | |
(Data available from 9/25/2015 forward)
Earnings History for Franco-Nevada Corporation (NYSE:FNV)Earnings History by Quarter for Franco-Nevada Corporation (NYSE FNV)| 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 | |
| 5/8/2013 | | | $0.25 | | | View | N/A | |
| 11/6/2012 | Q312 | $0.30 | $0.31 | $107.00 million | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Franco-Nevada Corporation (NYSE:FNV)2017 EPS Consensus Estimate: $0.98
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.23 | $0.23 | $0.23 |
| Q2 2017 | 2 | $0.23 | $0.28 | $0.26 |
| Q3 2017 | 2 | $0.23 | $0.26 | $0.25 |
| Q4 2017 | 3 | $0.23 | $0.26 | $0.25 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Franco-Nevada Corporation (NYSE:FNV)| Next Dividend: | 9/28/2017 |
| Annual Dividend: | $0.92 |
| Dividend Yield: | 1.16% |
| Dividend Growth: | 6.50% (3 Year Average) |
| Payout Ratio: | 119.48% (Trailing 12 Months of Earnings)
92.00% (Based on This Year's Estimates)
82.88% (Based on Next Year's Estimates)
|
| Track Record: | 4 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Franco-Nevada Corporation (NYSE FNV)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/9/2017 | quarterly | $0.23 | 1.22% | 9/13/2017 | 9/14/2017 | 9/28/2017 |
| 5/11/2017 | quarterly | $0.23 | 1.32% | 6/13/2017 | 6/15/2017 | 6/29/2017 |
| 2/10/2017 | quarterly | $0.22 | 1.28% | 3/14/2017 | 3/16/2017 | 3/30/2017 |
| 11/9/2016 | quarterly | $0.22 | 1.31% | 12/6/2016 | 12/8/2016 | 12/22/2016 |
| 8/9/2016 | quarterly | $0.22 | 1.11% | 9/13/2016 | 9/15/2016 | 9/29/2016 |
| 5/5/2016 | quarterly | $0.22 | 1.29% | 6/14/2016 | 6/16/2016 | 6/30/2016 |
| 2/29/2016 | quarterly | $0.21 | 1.41% | 3/15/2016 | 3/17/2016 | 3/31/2016 |
| 11/12/2015 | quarterly | $0.21 | 1.78% | 12/1/2015 | 12/3/2015 | 12/17/2015 |
| 8/11/2015 | quarterly | $0.21 | 1.9% | 9/8/2015 | 9/10/2015 | 9/24/2015 |
| 5/7/2015 | quarterly | $0.21 | 1.56% | 6/9/2015 | 6/11/2015 | 6/25/2015 |
| 2/19/2015 | quarterly | $0.20 | 1.58% | 3/10/2015 | 3/12/2015 | 3/26/2015 |
| 11/5/2014 | | $0.20 | | 12/2/2014 | 12/4/2014 | 12/18/2014 |
| 11/6/2014 | quarterly | $0.20 | 1.71% | 12/2/2014 | 12/4/2014 | 12/24/2014 |
| 8/7/2014 | quarterly | $0.20 | 1.33% | 9/9/2014 | 9/11/2014 | 9/25/2014 |
| 5/8/2014 | quarterly | $0.20 | 1.62% | 6/10/2014 | 6/12/2014 | 6/26/2014 |
| 11/7/2013 | monthly | $0.06 | 1.65% | 2/11/2014 | 2/13/2014 | 2/27/2014 |
| 11/7/2013 | monthly | $0.06 | 1.65% | 1/14/2014 | 1/16/2014 | 1/30/2014 |
| 11/7/2013 | monthly | $0.06 | 1.65% | 3/11/2014 | 3/13/2014 | 3/27/2014 |
| 8/8/2013 | monthly | $0.06 | 1.77% | 12/3/2013 | 12/5/2013 | 12/19/2013 |
| 8/8/2013 | monthly | $0.06 | 1.77% | 10/15/2013 | 10/17/2013 | 10/31/2013 |
| 8/8/2013 | monthly | $0.06 | 1.77% | 11/12/2013 | 11/14/2013 | 11/28/2013 |
| 5/9/2013 | monthly | $0.06 | 1.65% | 7/9/2013 | 7/11/2013 | 7/25/2013 |
| 5/9/2013 | monthly | $0.06 | 1.65% | 9/10/2013 | 9/12/2013 | 9/26/2013 |
| 5/9/2013 | monthly | $0.06 | 1.65% | 8/13/2013 | 8/15/2013 | 8/29/2013 |
| 3/20/2013 | monthly | $0.06 | 1.63% | 5/14/2013 | 5/16/2013 | 5/30/2013 |
| 3/20/2013 | monthly | $0.06 | 1.63% | 6/11/2013 | 6/13/2013 | 6/27/2013 |
| 3/20/2013 | monthly | $0.06 | 1.63% | 4/9/2013 | 4/11/2013 | 4/25/2013 |
(Data available from 1/1/2013 forward)
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)
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Franco-Nevada Corporation (FNV) Chart for Monday, September, 25, 2017
