Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) – Equities research analysts at National Bank Financial raised their FY2025 EPS estimates for Franco-Nevada in a report issued on Tuesday, July 15th. National Bank Financial analyst S. Nagle now expects that the basic materials company will earn $4.83 per share for the year, up from their prior forecast of $4.49. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share. National Bank Financial also issued estimates for Franco-Nevada’s FY2026 earnings at $6.00 EPS.
Other equities research analysts have also recently issued research reports about the stock. Scotiabank increased their target price on shares of Franco-Nevada from $165.00 to $169.00 and gave the company a “sector perform” rating in a research report on Monday, May 12th. Wall Street Zen upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, April 7th. Royal Bank Of Canada upped their price target on shares of Franco-Nevada from $160.00 to $190.00 and gave the company a “sector perform” rating in a research note on Wednesday, June 4th. UBS Group upped their price target on shares of Franco-Nevada from $205.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, July 3rd. Finally, National Bankshares restated a “sector perform” rating on shares of Franco-Nevada in a research note on Tuesday, June 24th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $172.13.
Franco-Nevada Stock Down 0.1%
NYSE:FNV opened at $154.40 on Friday. Franco-Nevada has a 52 week low of $112.70 and a 52 week high of $179.99. The firm has a 50 day moving average of $164.67 and a 200 day moving average of $153.15. The stock has a market capitalization of $29.75 billion, a price-to-earnings ratio of 48.25, a PEG ratio of 2.08 and a beta of 0.41.
Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last posted its earnings results on Thursday, May 8th. The basic materials company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.07. Franco-Nevada had a net margin of 50.39% and a return on equity of 11.40%. The company had revenue of $368.40 million during the quarter, compared to analysts’ expectations of $328.79 million. During the same quarter in the prior year, the company posted $0.76 earnings per share. Franco-Nevada’s revenue for the quarter was up 43.5% compared to the same quarter last year.
Institutional Trading of Franco-Nevada
Hedge funds and other institutional investors have recently made changes to their positions in the business. Bessemer Group Inc. increased its stake in shares of Franco-Nevada by 1,583.3% in the first quarter. Bessemer Group Inc. now owns 13,130 shares of the basic materials company’s stock worth $2,067,000 after acquiring an additional 12,350 shares during the period. St. James Investment Company LLC boosted its holdings in Franco-Nevada by 29.3% during the first quarter. St. James Investment Company LLC now owns 219,988 shares of the basic materials company’s stock worth $34,661,000 after buying an additional 49,907 shares in the last quarter. D.A. Davidson & CO. purchased a new stake in Franco-Nevada during the first quarter worth $265,000. Fullcircle Wealth LLC boosted its holdings in Franco-Nevada by 25.7% during the first quarter. Fullcircle Wealth LLC now owns 8,964 shares of the basic materials company’s stock worth $1,531,000 after buying an additional 1,835 shares in the last quarter. Finally, Autumn Glory Partners LLC purchased a new stake in Franco-Nevada during the first quarter worth $315,000. Institutional investors and hedge funds own 77.06% of the company’s stock.
Franco-Nevada Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, June 12th were paid a $0.38 dividend. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.98%. Franco-Nevada’s payout ratio is currently 47.50%.
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.
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