NYSE:FNVFranco Nevada Stock Price, Forecast & News

Franco Nevada's stock was trading at $102.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FNV shares have increased by 37.6% and is now trading at $140.58. 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 earnings results on Wednesday, May, 6th. The basic materials company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.03. The basic materials company had revenue of $240.50 million for the quarter, compared to the consensus estimate of $237.92 million. Franco Nevada had a return on equity of 7.85% and a net margin of 19.91%. The business's quarterly revenue was up 33.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.35 EPS. View Franco Nevada's earnings history.

Franco Nevada declared a quarterly dividend on Friday, May 8th. Investors 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 yield of 0.74%. The ex-dividend date of this dividend 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 Wall Street analysts have issued 1 year price objectives for Franco Nevada's stock. Their forecasts range from $91.00 to $228.00. On average, they expect Franco Nevada's stock price to reach $145.82 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price. View analysts' price targets for Franco Nevada.

News coverage about FNV stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Franco Nevada earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the immediate future. View the latest news aboutFranco Nevada.

Franco Nevada saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,540,000 shares, an increase of 8.6% from the April 30th total of 3,260,000 shares. Based on an average daily volume of 1,260,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.9% of the company's shares are short sold. 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), First Majestic Silver (AG) and Harmony Gold Mining (HMY). 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 institutional and retail investors. Top institutional investors include Van ECK Associates Corp (4.26%), Capital World Investors (3.68%), Massachusetts Financial Services Co. MA (2.98%), First Eagle Investment Management LLC (1.82%), The Manufacturers Life Insurance Company (1.36%) and Fiera Capital Corp (0.89%).

FNV stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Deutsche Bank AG, Morgan Stanley, Morgan Stanley, Toronto Dominion Bank, 1832 Asset Management L.P., Franklin Resources Inc., and M&G Investment Management Ltd..

FNV stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, The Manufacturers Life Insurance Company , Massachusetts Financial Services Co. MA, Principal Financial Group Inc., Canada Pension Plan Investment Board, Advisor Group Holdings Inc., Eaton Vance Management, and Connor Clark & Lunn Investment Management Ltd..

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 $140.58.

Franco Nevada has a market capitalization of $26.70 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]