Q4 EPS Estimates for Franco-Nevada Decreased by Analyst

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Investment analysts at Raymond James reduced their Q4 2024 EPS estimates for shares of Franco-Nevada in a note issued to investors on Thursday, November 7th. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings of $0.81 per share for the quarter, down from their previous estimate of $0.92. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.25 per share. Raymond James also issued estimates for Franco-Nevada’s Q2 2025 earnings at $0.88 EPS, Q3 2025 earnings at $0.96 EPS and FY2025 earnings at $3.68 EPS.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last issued its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.03). The company had revenue of $275.70 million for the quarter, compared to the consensus estimate of $279.11 million. Franco-Nevada had a positive return on equity of 10.63% and a negative net margin of 55.28%. The firm’s revenue was down 10.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.91 EPS.

Other analysts have also recently issued research reports about the stock. HC Wainwright increased their price target on shares of Franco-Nevada from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Friday. StockNews.com upgraded shares of Franco-Nevada from a “sell” rating to a “hold” rating in a research note on Thursday, August 22nd. TD Securities upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. Jefferies Financial Group cut their target price on shares of Franco-Nevada from $137.00 to $136.00 and set a “hold” rating for the company in a research note on Thursday, October 17th. Finally, TD Cowen upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $156.57.

Franco-Nevada Trading Down 3.8 %

Franco-Nevada stock opened at $117.83 on Monday. The company has a market cap of $22.68 billion, a P/E ratio of -37.29, a price-to-earnings-growth ratio of 20.59 and a beta of 0.75. Franco-Nevada has a 1-year low of $102.29 and a 1-year high of $137.60. The company has a fifty day simple moving average of $126.57 and a 200 day simple moving average of $124.18.

Institutional Trading of Franco-Nevada

Several institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its holdings in shares of Franco-Nevada by 7.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 14,248 shares of the basic materials company’s stock worth $1,698,000 after buying an additional 963 shares during the last quarter. Forsta AP Fonden boosted its holdings in shares of Franco-Nevada by 6.7% in the 1st quarter. Forsta AP Fonden now owns 38,000 shares of the basic materials company’s stock worth $4,532,000 after buying an additional 2,400 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in Franco-Nevada during the first quarter valued at about $1,347,000. Inspire Advisors LLC purchased a new stake in Franco-Nevada during the first quarter valued at about $495,000. Finally, Headlands Technologies LLC purchased a new stake in Franco-Nevada during the first quarter valued at about $62,000. Institutional investors own 77.06% of the company’s stock.

Franco-Nevada Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a $0.36 dividend. The ex-dividend date is Thursday, December 5th. This represents a $1.44 annualized dividend and a dividend yield of 1.22%. Franco-Nevada’s payout ratio is -45.57%.

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.