Should I buy or sell Franco-Nevada stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franco-Nevada in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FNV shares. View FNV analyst ratings or view top-rated stocks .

What is Franco-Nevada's stock price target for 2024?

6 brokers have issued twelve-month price objectives for Franco-Nevada's stock. Their FNV share price targets range from C$162.00 to C$250.00. On average, they anticipate the company's share price to reach C$205.01 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price. View analysts price targets for FNV or view top-rated stocks among Wall Street analysts .

How have FNV shares performed in 2023?

Franco-Nevada's stock was trading at C$184.57 at the beginning of 2023. Since then, FNV shares have decreased by 20.9% and is now trading at C$146.04. View the best growth stocks for 2023 here .

When is Franco-Nevada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024. View our FNV earnings forecast .

How were Franco-Nevada's earnings last quarter?

Franco-Nevada Co. (TSE:FNV) issued its quarterly earnings results on Wednesday, November, 8th. The company reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.01. The business earned $415.23 million during the quarter. Franco-Nevada had a net margin of 55.19% and a trailing twelve-month return on equity of 10.46%.

How often does Franco-Nevada pay dividends? What is the dividend yield for Franco-Nevada?

Franco-Nevada declared a quarterly dividend on Wednesday, November 8th. Investors of record on Thursday, December 7th will be given a dividend of 0.472 per share on Thursday, December 21st. This represents a $1.89 annualized dividend and a yield of 1.29%. The ex-dividend date is Wednesday, December 6th. This is an increase from the stock's previous quarterly dividend of C$0.45. Read our dividend analysis for FNV .

Is Franco-Nevada a good dividend stock?

Franco-Nevada (TSE:FNV) pays an annual dividend of C$1.87 per share and currently has a dividend yield of 1.23%. The dividend payout ratio is 38.96%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for FNV .

What other stocks do shareholders of Franco-Nevada own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Franco-Nevada investors own include Cisco Systems (CSCO) , Enbridge (ENB) , Alibaba Group (BABA) , Costco Wholesale (COST) , Suncor Energy (SU) , Verizon Communications (VZ) , AbbVie (ABBV) , Advanced Micro Devices (AMD) and CVS Health (CVS) .

How do I buy shares of Franco-Nevada?

Shares of FNV stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Franco-Nevada Stock Price, News & Analysis (TSE:FNV)

C$146.04

-3.01 (-2.02%)

(As of 12/5/2023 ET)

Compare

Today's Range: C$144.47
▼
C$148.61
50-Day Range: C$146.04
▼
C$192.22
52-Week Range: C$144.47
▼
C$217.70

Volume: 941,960 shs
Average Volume: 354,555 shs
Market Capitalization: C$28.06 billion

P/E Ratio: 30.43
Dividend Yield: 1.28%
Price Target: C$205.01

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Franco-Nevada MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 40.4% Upside
C$205.01 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.32
Based on 20 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

4.3

Analyst's Opinion

Consensus Rating
Franco-Nevada has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$205.01, Franco-Nevada has a forecasted upside of 40.4% from its current price of C$146.04.
Amount of Analyst Coverage
Franco-Nevada has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for FNV.

1.7

Dividend Strength

Dividend Yield
Franco-Nevada pays a meaningful dividend of 1.23%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Franco-Nevada does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Franco-Nevada is 38.96%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FNV.

1.5

News and Social Media Coverage

News Sentiment
Franco-Nevada has a news sentiment score of -0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 20 news articles for Franco-Nevada this week, compared to 1 article on an average week.
Search Interest
Only 8 people have searched for FNV on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
MarketBeat Follows
10 people have added Franco-Nevada to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Franco-Nevada insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.72% of the stock of Franco-Nevada is held by insiders.
Percentage Held by Institutions
74.40% of the stock of Franco-Nevada is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Franco-Nevada is 30.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Franco-Nevada is 30.43, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.00.
Price to Earnings Growth Ratio
Franco-Nevada has a PEG Ratio of 5.00. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Franco-Nevada has a P/B Ratio of 4.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Franco-Nevada Stock (TSE:FNV)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids. The company was founded in 1986 and is headquartered in Toronto, Canada.

FNV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FNV Stock News Headlines

December 6, 2023 | americanbankingnews.com

Franco-Nevada (TSE:FNV) PT Lowered to C$200.00

December 5, 2023 | finance.yahoo.com

Franco-Nevada Corp's Dividend Analysis

December 6, 2023 | DTI Trader (Ad)

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December 5, 2023 | americanbankingnews.com

Analysts Offer Predictions for Franco-Nevada Co.'s Q1 2024 Earnings (TSE:FNV)

December 4, 2023 | americanbankingnews.com

Q1 2024 Earnings Estimate for Franco-Nevada Co. (TSE:FNV) Issued By Raymond James

December 4, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Franco-Nevada Co. (TSE:FNV) Lowered by Analyst

December 3, 2023 | americanbankingnews.com

Raymond James Weighs in on Franco-Nevada Co.'s FY2023 Earnings (TSE:FNV)

December 1, 2023 | benzinga.com

Franco-Nevada: Dividend Insights

December 6, 2023 | DTI Trader (Ad)

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December 1, 2023 | finance.yahoo.com

Developments in Panama

December 1, 2023 | americanbankingnews.com

Franco-Nevada (TSE:FNV) Given New C$190.00 Price Target at National Bankshares

November 9, 2023 | proactiveinvestors.com

Franco-Nevada 3Q earnings top estimates as precious metals assets shine

November 7, 2023 | benzinga.com

Earnings Preview For Franco-Nevada

November 2, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Franco-Nevada (FNV) and MPLX (MPLX)

October 31, 2023 | ca.finance.yahoo.com

Stocks in play: Franco-Nevada Corporation

October 31, 2023 | finance.yahoo.com

Cobre Panama Concession Contract Update

October 30, 2023 | morningstar.com

Franco-Nevada Down Nearly 7%, on Pace for Largest Percent Decrease Since March 2020 — Data Talk

October 30, 2023 | msn.com

First Quantum, Franco-Nevada plunge as Panama calls referendum on mine contract

October 12, 2023 | markets.businessinsider.com

Raymond James Sticks to Their Buy Rating for Franco-Nevada (FNV)

October 7, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Chevron (CVX), Pioneer Natural (PXD) and Franco-Nevada (FNV)

September 21, 2023 | msn.com

Franco-Nevada: Dividends Look Anemic Considering Cash And Solid Free Cash Flow

September 11, 2023 | benzinga.com

Here's How Much $100 Invested In Franco-Nevada 15 Years Ago Would Be Worth Today

September 11, 2023 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Franco-Nevada (TSE:FNV)

September 6, 2023 | marketwatch.com

Franco-Nevada Corp. stock outperforms market despite losses on the day

August 19, 2023 | markets.businessinsider.com

GOLD, KGC, or FNV: Which Gold Stock Could Deliver the Best Returns?

August 18, 2023 | seekingalpha.com

Franco-Nevada raised to Buy at Stifel as Cobre Panama deal lifts overhang

August 15, 2023 | benzinga.com

$1000 Invested In This Stock 15 Years Ago Would Be Worth $7,500 Today

See More Headlines

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Company Calendar

Ex-Dividend for 9/28 Dividend: 9/13/2023
Dividend Payable: 9/28/2023
Last Earnings: 11/08/2023
Today: 12/06/2023
Ex-Dividend for 12/21 Dividend: 12/06/2023
Dividend Payable: 12/21/2023
Next Earnings (Estimated): 3/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:FNV
CUSIP: N/A
CIK: N/A
Web: www.franco-nevada.com
Phone: +1-416-3066317
Fax: N/A
Employees: 38
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$205.01
High Stock Price Target: C$250.00
Low Stock Price Target: C$162.00
Potential Upside/Downside: +40.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$4.80
Trailing P/E Ratio: 30.43
Forward P/E Ratio: 27.72
P/E Growth: 5
Net Income: C$681.10 million
Net Margins: 55.19%
Pretax Margin: N/A
Return on Equity: 10.46%
Return on Assets: 6.93%

Debt

Debt-to-Equity Ratio: 1.63
Current Ratio: 37.72
Quick Ratio: 23.26

Sales & Book Value

Annual Sales: C$1.23 billion
Price / Sales: 22.81
Cash Flow: C$4.13 per share
Price / Cash Flow: 35.33
Book Value: C$35.24 per share
Price / Book: 4.14

Miscellaneous

Outstanding Shares: 192,120,000
Free Float: N/A
Market Cap: C$28.06 billion
Optionable: Not Optionable
Beta: 0.65

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Key Executives

Mr. Paul Brink (Age 55)
President, CEO & Director
Comp: $2.72M
Mr. Sandip Rana BBA (Age 50)
C.A., Chief Financial Officer
Comp: $1.41M
Mr. Lloyd Hyunsoo Hong (Age 50)
Chief Legal Officer & Corporate Secretary
Comp: $1.29M
Mr. Jason O'Connell (Age 44)
Senior Vice President of Diversified
Comp: $835.66k
Mr. Eaun Harrison Gray (Age 40)
Senior Vice President of Business Development
Comp: $1.03M
Dr. Pierre Paul Lassonde Ph.D. (Age 75)
Co-Founder & Chair Emeritus
Comp: $47.1k
Mr. Chris Bell
Vice President of Geology
Mr. John Blanchette
President of Barbados
Ms. Nalinie Mahon
Vice President of Finance & Operations of Barbados
Ms. Traci Schweikert
Chief Talent Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy Franco-Nevada Stock? FNV Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Franco-Nevada was last updated on Tuesday, November 28, 2023 at 11:36 AM.

Pros

Here are some ways that investors could benefit from investing in Franco-Nevada Co.:

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company, which provides investors with exposure to the potential upside of the gold market.
The company has a diversified portfolio with a focus on precious metals, such as gold, silver, and platinum group metals, which can provide a hedge against inflation and economic uncertainties.
Franco-Nevada engages in the sale of crude oil, natural gas, and natural gas liquids, which can provide additional revenue streams and diversification.
The company has a strong track record, having been founded in 1986, and is headquartered in Toronto, Canada, which is a major hub for mining and resource companies.
Recent developments and insights on the company's performance indicate positive growth potential, including the current stock price, which is a key indicator for investors.

Cons

Investors should be bearish about investing in Franco-Nevada Co. for these reasons:

The company operates in the mining industry, which is subject to various risks and uncertainties, including commodity price volatility, regulatory changes, and environmental concerns.
The performance of the company's investments and royalties is dependent on the success of the mining projects and the price of gold and other precious metals, which can be unpredictable.
Investing in Franco-Nevada Co. may not provide the same level of capital appreciation as investing directly in gold or other precious metals, as the company's returns are influenced by factors beyond the price of the underlying commodities.
The company's revenue streams from the sale of crude oil, natural gas, and natural gas liquids are also subject to market fluctuations and geopolitical risks.
While recent developments indicate positive growth potential, investors should carefully consider their risk tolerance and investment objectives before investing in Franco-Nevada Co.

FNV Stock Analysis - Frequently Asked Questions

Should I buy or sell Franco-Nevada stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franco-Nevada in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FNV shares.
View FNV analyst ratings or view top-rated stocks.
What is Franco-Nevada's stock price target for 2024?: 6 brokers have issued twelve-month price objectives for Franco-Nevada's stock. Their FNV share price targets range from C$162.00 to C$250.00. On average, they anticipate the company's share price to reach C$205.01 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price.
View analysts price targets for FNV or view top-rated stocks among Wall Street analysts.
How have FNV shares performed in 2023?: Franco-Nevada's stock was trading at C$184.57 at the beginning of 2023. Since then, FNV shares have decreased by 20.9% and is now trading at C$146.04.
View the best growth stocks for 2023 here.
When is Franco-Nevada's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024.
View our FNV earnings forecast.
How were Franco-Nevada's earnings last quarter?: Franco-Nevada Co. (TSE:FNV) issued its quarterly earnings results on Wednesday, November, 8th. The company reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.01. The business earned $415.23 million during the quarter. Franco-Nevada had a net margin of 55.19% and a trailing twelve-month return on equity of 10.46%.

How often does Franco-Nevada pay dividends? What is the dividend yield for Franco-Nevada?: Franco-Nevada declared a quarterly dividend on Wednesday, November 8th. Investors of record on Thursday, December 7th will be given a dividend of 0.472 per share on Thursday, December 21st. This represents a $1.89 annualized dividend and a yield of 1.29%. The ex-dividend date is Wednesday, December 6th. This is an increase from the stock's previous quarterly dividend of C$0.45.
Read our dividend analysis for FNV.
Is Franco-Nevada a good dividend stock?: Franco-Nevada (TSE:FNV) pays an annual dividend of C$1.87 per share and currently has a dividend yield of 1.23%. The dividend payout ratio is 38.96%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FNV.
What other stocks do shareholders of Franco-Nevada own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Franco-Nevada investors own include Cisco Systems (CSCO), Enbridge (ENB), Alibaba Group (BABA), Costco Wholesale (COST), Suncor Energy (SU), Verizon Communications (VZ), AbbVie (ABBV), Advanced Micro Devices (AMD) and CVS Health (CVS).
How do I buy shares of Franco-Nevada?: Shares of FNV stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:FNV) was last updated on 12/6/2023 by MarketBeat.com Staff

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Franco-Nevada Stock Price, News & Analysis (TSE:FNV)

Franco-Nevada MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Franco-Nevada Stock (TSE:FNV)

FNV Stock Price History

FNV Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy Franco-Nevada Stock? FNV Pros and Cons Explained

Pros

Cons

FNV Stock Analysis - Frequently Asked Questions

Overall MarketRank^™