Raymond James Lowers Earnings Estimates for Franco-Nevada

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Equities research analysts at Raymond James lowered their Q1 2025 earnings per share estimates for 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 $0.90 for the quarter, down from their prior estimate of $0.96. Raymond James currently 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. Raymond James also issued estimates for Franco-Nevada’s Q3 2025 earnings at $0.90 EPS, Q4 2025 earnings at $0.87 EPS and FY2025 earnings at $3.63 EPS.

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

A number of other research firms have also commented on FNV. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Royal Bank of Canada boosted their price target 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. StockNews.com upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Scotiabank upped their price target on Franco-Nevada from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Tuesday. Finally, TD Securities downgraded Franco-Nevada from a “buy” rating to a “hold” rating and set a $152.00 price target for the company. in a report on Tuesday. Five equities research 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 presently has an average rating of “Moderate Buy” and a consensus price target of $153.63.

Franco-Nevada Trading Up 2.0 %

Shares of FNV stock opened at $150.14 on Thursday. The business’s 50-day moving average price is $135.47 and its 200-day moving average price is $127.74. Franco-Nevada has a 12 month low of $112.70 and a 12 month high of $152.77. The firm has a market capitalization of $28.91 billion, a price-to-earnings ratio of -47.51, a PEG ratio of 9.78 and a beta of 0.73.

Franco-Nevada Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, March 13th. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.36. Franco-Nevada’s dividend payout ratio is currently 53.15%.

Institutional Trading of Franco-Nevada

A number of institutional investors have recently added to or reduced their stakes in FNV. Laurel Wealth Advisors LLC bought a new position in Franco-Nevada in the 4th quarter worth about $47,000. Physician Wealth Advisors Inc. bought a new position in shares of Franco-Nevada during the 4th quarter valued at about $49,000. Point72 DIFC Ltd bought a new position in Franco-Nevada during the 3rd quarter worth approximately $52,000. Harbour Investments Inc. grew its position in Franco-Nevada by 25.8% during the 4th quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company’s stock worth $53,000 after acquiring an additional 93 shares during the last quarter. Finally, Erste Asset Management GmbH bought a new position in Franco-Nevada during the 3rd quarter worth approximately $55,000. Hedge funds and other institutional investors own 77.06% of the company’s stock.

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.