Q4 EPS Estimates for Franco-Nevada Decreased by Analyst

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Investment analysts at National Bank Financial decreased their Q4 2024 earnings estimates for Franco-Nevada in a research note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $1.27 per share for the quarter, down from their previous forecast of $1.34. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share.

FNV has been the subject of a number of other reports. Stifel Nicolaus upped their target price on shares of Franco-Nevada from C$200.00 to C$215.00 in a report on Monday, October 21st. Canaccord Genuity Group reduced their target price on shares of Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating for the company in a report on Monday, November 18th. UBS Group raised shares of Franco-Nevada to a “strong-buy” rating in a report on Monday, November 18th. Finally, CIBC upped their target price on shares of Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Franco-Nevada presently has an average rating of “Buy” and an average target price of C$190.80.

Franco-Nevada Stock Performance

Shares of TSE:FNV opened at C$204.24 on Wednesday. The company has a 50-day simple moving average of C$181.37 and a 200-day simple moving average of C$174.73. Franco-Nevada has a one year low of C$140.67 and a one year high of C$206.32. The stock has a market capitalization of C$27.72 billion, a price-to-earnings ratio of -44.11, a PEG ratio of 5.00 and a beta of 0.68.

About Franco-Nevada

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.