Franco-Nevada FY2025 EPS Estimate Increased by Stifel Canada

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Stock analysts at Stifel Canada boosted their FY2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a research report issued on Monday, October 21st. Stifel Canada analyst I. Rico now forecasts that the basic materials company will post earnings of $4.36 per share for the year, up from their previous forecast of $3.65. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.26 per share. Stifel Canada also issued estimates for Franco-Nevada’s FY2026 earnings at $4.15 EPS.

FNV has been the subject of a number of other research reports. TD Securities raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. Bank of America cut Franco-Nevada from a “buy” rating to a “neutral” rating and reduced their target price for the company from $142.00 to $139.00 in a report on Tuesday, October 1st. TD Cowen raised Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. HC Wainwright reissued a “buy” rating and issued a $185.00 price objective on shares of Franco-Nevada in a research note on Friday, August 16th. Finally, Scotiabank lifted their target price on shares of Franco-Nevada from $141.00 to $142.00 and gave the stock a “sector perform” rating in a research note on Monday, August 19th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Franco-Nevada currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.75.

Franco-Nevada Stock Performance

Shares of NYSE FNV opened at $136.25 on Thursday. The firm has a fifty day moving average of $124.31 and a 200 day moving average of $123.09. The firm has a market cap of $26.22 billion, a PE ratio of -54.72, a PEG ratio of 20.13 and a beta of 0.76. Franco-Nevada has a one year low of $102.29 and a one year high of $139.93.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last posted its quarterly earnings data on Tuesday, August 13th. The basic materials company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.03). Franco-Nevada had a negative net margin of 51.64% and a positive return on equity of 10.56%. The business had revenue of $260.10 million during the quarter, compared to analysts’ expectations of $277.44 million. During the same quarter last year, the firm earned $0.95 earnings per share. The firm’s quarterly revenue was down 21.2% compared to the same quarter last year.

Hedge Funds Weigh In On Franco-Nevada

A number of institutional investors have recently bought and sold shares of the company. Mechanics Financial Corp increased its holdings in shares of Franco-Nevada by 150.0% during the 2nd quarter. Mechanics Financial Corp now owns 250 shares of the basic materials company’s stock worth $30,000 after buying an additional 150 shares during the last quarter. Mather Group LLC. acquired a new stake in Franco-Nevada during the second quarter worth $33,000. Kings Path Partners LLC purchased a new stake in Franco-Nevada in the second quarter valued at $36,000. Sunbelt Securities Inc. raised its position in Franco-Nevada by 3,333.3% in the second quarter. Sunbelt Securities Inc. now owns 412 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 400 shares during the period. Finally, Hillsdale Investment Management Inc. grew its holdings in shares of Franco-Nevada by 33.3% during the 1st quarter. Hillsdale Investment Management Inc. now owns 440 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 110 shares during the period. 77.06% of the stock is owned by hedge funds and other institutional investors.

Franco-Nevada Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 12th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Thursday, September 12th. Franco-Nevada’s dividend payout ratio is currently -57.83%.

Franco-Nevada Company Profile

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, 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 through a third-party marketing agent.