FY2025 EPS Estimates for Franco-Nevada Lifted by Scotiabank

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Scotiabank lifted their FY2025 earnings per share estimates for shares of Franco-Nevada in a report released on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will earn $3.98 per share for the year, up from their previous estimate of $3.95. Scotiabank currently has a “Sector Perform” rating and a $150.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share. Scotiabank also issued estimates for Franco-Nevada’s FY2026 earnings at $4.55 EPS.

Several other analysts also recently weighed in on the company. HC Wainwright increased their target price on Franco-Nevada from $155.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, March 11th. Royal Bank of Canada increased their target price on Franco-Nevada from $145.00 to $155.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 11th. UBS Group increased their target price on Franco-Nevada from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, March 11th. StockNews.com upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, TD Securities downgraded Franco-Nevada from a “buy” rating to a “hold” rating and set a $152.00 target price for the company. in a research note on Tuesday, March 11th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Franco-Nevada has an average rating of “Moderate Buy” and a consensus price target of $153.63.

Franco-Nevada Stock Performance

FNV opened at $155.85 on Friday. The stock has a 50-day moving average of $139.63 and a 200-day moving average of $129.29. Franco-Nevada has a 52-week low of $112.70 and a 52-week high of $156.82. The company has a market cap of $30.01 billion, a PE ratio of -49.32, a price-to-earnings-growth ratio of 9.78 and a beta of 0.73.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last released its quarterly earnings results on Monday, March 10th. The basic materials company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.05. The company had revenue of $321.00 million during the quarter, compared to the consensus estimate of $304.33 million. Franco-Nevada had a positive return on equity of 10.55% and a negative net margin of 55.28%. The firm’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 EPS.

Hedge Funds Weigh In On Franco-Nevada

A number of hedge funds have recently modified their holdings of FNV. Natixis Advisors LLC raised its holdings in shares of Franco-Nevada by 6.5% in the 3rd quarter. Natixis Advisors LLC now owns 20,404 shares of the basic materials company’s stock worth $2,535,000 after buying an additional 1,237 shares in the last quarter. America First Investment Advisors LLC raised its holdings in shares of Franco-Nevada by 4.3% in the 3rd quarter. America First Investment Advisors LLC now owns 161,765 shares of the basic materials company’s stock worth $20,099,000 after buying an additional 6,717 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Franco-Nevada by 5.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 407,137 shares of the basic materials company’s stock worth $50,623,000 after buying an additional 19,589 shares in the last quarter. Citigroup Inc. raised its holdings in shares of Franco-Nevada by 33.1% in the 3rd quarter. Citigroup Inc. now owns 36,710 shares of the basic materials company’s stock worth $4,565,000 after buying an additional 9,119 shares in the last quarter. Finally, Telemark Asset Management LLC raised its holdings in shares of Franco-Nevada by 66.7% in the 3rd quarter. Telemark Asset Management LLC now owns 50,000 shares of the basic materials company’s stock worth $6,212,000 after buying an additional 20,000 shares in the last quarter. 77.06% of the stock is owned by institutional investors and hedge funds.

Franco-Nevada Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a $0.38 dividend. The ex-dividend date is Thursday, March 13th. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.98%. Franco-Nevada’s dividend payout ratio is presently 53.15%.

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.