Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) had its price target raised by Raymond James Financial from $186.00 to $188.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the basic materials company’s stock. Raymond James Financial’s price target would indicate a potential upside of 4.80% from the company’s previous close. Raymond James Financial also issued estimates for Franco-Nevada’s Q3 2025 earnings at $1.40 EPS, Q4 2025 earnings at $1.20 EPS, FY2025 earnings at $4.91 EPS and Q4 2026 earnings at $1.17 EPS.
Other research analysts have also issued reports about the stock. National Bankshares restated a “sector perform” rating on shares of Franco-Nevada in a research report on Tuesday, June 24th. Scotiabank boosted their price target on shares of Franco-Nevada from $182.00 to $184.00 and gave the company a “sector perform” rating in a research report on Tuesday. BMO Capital Markets restated an “outperform” rating on shares of Franco-Nevada in a research report on Wednesday, May 28th. Royal Bank Of Canada boosted 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 report on Wednesday, June 4th. Finally, CIBC restated an “outperform” rating on shares of Franco-Nevada in a research report on Tuesday, July 15th. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Franco-Nevada presently has an average rating of “Moderate Buy” and a consensus price target of $178.88.
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Franco-Nevada Price Performance
Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last issued its earnings results on Monday, August 11th. The basic materials company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.14. The business had revenue of $369.40 million for the quarter, compared to analysts’ expectations of $382.70 million. Franco-Nevada had a net margin of 58.82% and a return on equity of 12.56%. The business’s revenue for the quarter was up 42.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 EPS. Equities research analysts anticipate that Franco-Nevada will post 3.09 EPS for the current year.
Institutional Trading of Franco-Nevada
Several institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. boosted its position in Franco-Nevada by 10.3% during the first quarter. SBI Securities Co. Ltd. now owns 683 shares of the basic materials company’s stock valued at $108,000 after buying an additional 64 shares during the period. Beacon Financial Group boosted its position in Franco-Nevada by 1.0% during the second quarter. Beacon Financial Group now owns 7,169 shares of the basic materials company’s stock valued at $1,175,000 after buying an additional 72 shares during the period. Kiker Wealth Management LLC boosted its position in Franco-Nevada by 20.5% during the second quarter. Kiker Wealth Management LLC now owns 471 shares of the basic materials company’s stock valued at $77,000 after buying an additional 80 shares during the period. Confluence Investment Management LLC boosted its position in Franco-Nevada by 1.5% during the first quarter. Confluence Investment Management LLC now owns 5,874 shares of the basic materials company’s stock valued at $926,000 after buying an additional 84 shares during the period. Finally, Golden State Wealth Management LLC boosted its position in Franco-Nevada by 78.3% during the second quarter. Golden State Wealth Management LLC now owns 205 shares of the basic materials company’s stock valued at $34,000 after buying an additional 90 shares during the period. 77.06% of the stock is currently owned by hedge funds and other institutional investors.
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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