FY2025 EPS Estimates for Franco-Nevada Lifted by Scotiabank

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Research analysts at Scotiabank increased their FY2025 EPS estimates for shares of Franco-Nevada in a report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $3.95 for the year, up from their prior estimate of $3.65. Scotiabank currently has a “Sector Perform” rating and a $141.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.22 per share. Scotiabank also issued estimates for Franco-Nevada’s FY2026 earnings at $4.64 EPS.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last posted its earnings results on Wednesday, November 6th. The basic materials company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.03). Franco-Nevada had a positive return on equity of 10.55% and a negative net margin of 55.28%. The firm had revenue of $275.70 million for the quarter, compared to analysts’ expectations of $279.11 million. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The firm’s revenue for the quarter was down 10.9% compared to the same quarter last year.

FNV has been the topic of several other research reports. Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a report on Monday, November 18th. UBS Group began coverage on Franco-Nevada in a research note on Monday, November 18th. They issued a “buy” rating and a $160.00 target price on the stock. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. HC Wainwright reduced their price objective on Franco-Nevada from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Friday, December 20th. Finally, Bank of America cut Franco-Nevada from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $142.00 to $139.00 in a research report on Tuesday, October 1st. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $145.33.

Franco-Nevada Stock Down 0.2 %

Franco-Nevada stock opened at $127.15 on Friday. The firm has a market capitalization of $24.48 billion, a PE ratio of -40.24 and a beta of 0.72. Franco-Nevada has a 52 week low of $103.64 and a 52 week high of $137.60. The firm’s 50-day simple moving average is $121.32 and its 200 day simple moving average is $123.49.

Franco-Nevada Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Thursday, December 5th. Franco-Nevada’s dividend payout ratio is currently -45.57%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Birch Capital Management LLC grew its position in Franco-Nevada by 37.9% during the fourth quarter. Birch Capital Management LLC now owns 1,085 shares of the basic materials company’s stock valued at $128,000 after acquiring an additional 298 shares during the period. Confluence Investment Management LLC lifted its stake in shares of Franco-Nevada by 8.7% in the 4th quarter. Confluence Investment Management LLC now owns 5,790 shares of the basic materials company’s stock valued at $681,000 after purchasing an additional 465 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Franco-Nevada by 8.3% during the 3rd quarter. Franklin Resources Inc. now owns 79,232 shares of the basic materials company’s stock worth $9,957,000 after purchasing an additional 6,052 shares during the period. Tri Ri Asset Management Corp acquired a new stake in Franco-Nevada during the 3rd quarter worth approximately $3,433,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Franco-Nevada in the third quarter valued at approximately $326,000. 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.