Franco-Nevada - FNV Stock Forecast, Price & News

9 Wall Street equities 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 equities 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.
View FNV analyst ratings or view top-rated stocks.

9 brokerages have issued 1-year 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 share price to reach $176.11 in the next year. This suggests a possible upside of 28.0% 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 0.8% and is now trading at $137.63.
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Franco-Nevada saw a decrease in short interest in 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 trading volume, of 637,100 shares, the days-to-cover ratio is currently 5.4 days. Approximately 1.8% of the shares of the stock are sold short.
View Franco-Nevada's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.
View our FNV earnings forecast.

Franco-Nevada will be holding an earnings conference call on Thursday, March 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8677 with passcode "932372 #".

Franco-Nevada Co. (NYSE:FNV) released its quarterly earnings results on Wednesday, November, 3rd. The basic materials company reported $0.87 earnings per share for the quarter, meeting analysts' consensus estimates of $0.87. The basic materials company earned $316.30 million during the quarter, compared to the consensus estimate of $323.39 million. Franco-Nevada had a trailing twelve-month return on equity of 11.27% and a net margin of 57.18%. During the same period in the previous year, the firm earned $0.80 earnings per share.

Franco-Nevada declared a quarterly dividend on Tuesday, January 17th. Shareholders of record on Thursday, March 16th will be given a dividend of $0.34 per share on Thursday, March 30th. This represents a $1.36 annualized dividend and a yield of 0.99%. 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.

Franco-Nevada (NYSE:FNV) pays an annual dividend of $1.28 per share and currently has a dividend yield of 0.93%. 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 a variety of retail and institutional investors. Top institutional investors include Horizon Kinetics Asset Management LLC (76.37%), Van ECK Associates Corp (4.77%), M&G Investment Management Ltd. (0.89%), Troy Asset Management Ltd (0.81%), National Bank of Canada FI (0.79%) and TD Asset Management Inc (0.73%).

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 $137.63.

Franco-Nevada (NYSE:FNV) has a market capitalization of $26.41 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.