Franco-Nevada Co. (NYSE:FNV – Free Report) (TSE:FNV) – Equities research analysts at Raymond James boosted their Q2 2025 earnings per share estimates for shares of Franco-Nevada in a report released on Monday, March 10th. Raymond James analyst B. Macarthur now anticipates that the basic materials company will post earnings per share of $0.96 for the quarter, up from their prior estimate of $0.91. Raymond James has a “Outperform” rating and a $162.00 price target on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share.
Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last posted its quarterly earnings results on Monday, March 10th. The basic materials company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The business had revenue of $321.00 million for the quarter, compared to analysts’ expectations of $304.33 million. Franco-Nevada had a positive return on equity of 10.55% and a negative net margin of 55.28%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the firm earned $0.90 earnings per share.
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Franco-Nevada Stock Up 1.1 %
NYSE:FNV opened at $147.39 on Wednesday. The business’s 50-day simple moving average is $134.87 and its two-hundred day simple moving average is $127.60. The stock has a market cap of $28.38 billion, a PE ratio of -46.64, a P/E/G ratio of 9.78 and a beta of 0.73. Franco-Nevada has a 52 week low of $112.70 and a 52 week high of $148.71.
Institutional Trading of Franco-Nevada
Several institutional investors have recently added to or reduced their stakes in the company. Essex Financial Services Inc. lifted its stake in Franco-Nevada by 2.2% in the fourth quarter. Essex Financial Services Inc. now owns 3,892 shares of the basic materials company’s stock worth $458,000 after purchasing an additional 84 shares during the last quarter. Harbour Investments Inc. lifted its stake in Franco-Nevada by 25.8% in the fourth quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company’s stock worth $53,000 after purchasing an additional 93 shares during the last quarter. Mutual Advisors LLC lifted its stake in Franco-Nevada by 4.0% in the fourth quarter. Mutual Advisors LLC now owns 2,477 shares of the basic materials company’s stock worth $309,000 after purchasing an additional 96 shares during the last quarter. Sustainable Insight Capital Management LLC lifted its stake in Franco-Nevada by 2.7% in the fourth quarter. Sustainable Insight Capital Management LLC now owns 3,755 shares of the basic materials company’s stock worth $441,000 after purchasing an additional 100 shares during the last quarter. Finally, Huntington National Bank lifted its stake in Franco-Nevada by 7.4% in the third quarter. Huntington National Bank now owns 1,486 shares of the basic materials company’s stock worth $185,000 after purchasing an additional 102 shares during the last quarter. Institutional investors own 77.06% of the company’s stock.
Franco-Nevada Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.38 dividend. The ex-dividend date is Thursday, March 13th. This represents a $1.52 annualized dividend and a yield of 1.03%. This is a positive change from Franco-Nevada’s previous quarterly dividend of $0.36. Franco-Nevada’s dividend payout ratio (DPR) is currently 53.15%.
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.
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