FY2025 EPS Estimates for Franco-Nevada Lifted by Scotiabank

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Scotiabank increased their FY2025 earnings estimates for Franco-Nevada in a report issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings of $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.

A number of other research analysts also recently commented on the company. 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 report on Tuesday, March 11th. StockNews.com upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Wednesday. HC Wainwright boosted their target price on shares of Franco-Nevada from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. TD Securities cut shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a $152.00 target price on the stock. in a research report on Tuesday, March 11th. Finally, Royal Bank of Canada lifted their price target on Franco-Nevada from $145.00 to $155.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 11th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Franco-Nevada currently has an average rating of “Moderate Buy” and a consensus target price of $153.63.

Franco-Nevada Price Performance

NYSE FNV opened at $155.85 on Friday. Franco-Nevada has a 1-year low of $112.70 and a 1-year high of $156.82. The business has a 50 day simple moving average of $139.63 and a two-hundred day simple moving average of $129.21. The stock has a market capitalization of $30.01 billion, a PE ratio of -49.32, a P/E/G ratio of 9.78 and a beta of 0.73.

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

Institutional Trading of Franco-Nevada

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Franco-Nevada by 35.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,699 shares of the basic materials company’s stock worth $435,000 after purchasing an additional 973 shares during the last quarter. PKO Investment Management Joint Stock Co purchased a new stake in Franco-Nevada in the 4th quarter valued at about $7,132,000. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. bought a new position in Franco-Nevada in the 4th quarter worth about $641,000. Public Employees Retirement System of Ohio grew its stake in Franco-Nevada by 1.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 99,257 shares of the basic materials company’s stock worth $11,662,000 after acquiring an additional 994 shares in the last quarter. Finally, Hudson Value Partners LLC increased its position in shares of Franco-Nevada by 5.9% during the fourth quarter. Hudson Value Partners LLC now owns 32,279 shares of the basic materials company’s stock worth $3,796,000 after acquiring an additional 1,790 shares during the period. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Franco-Nevada Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a dividend of $0.38 per share. The ex-dividend date is Thursday, March 13th. This represents a $1.52 dividend on an annualized basis and a yield of 0.98%. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.36. Franco-Nevada’s 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.