Q1 EPS Estimates for Franco-Nevada Boosted by Raymond James

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Equities research analysts at Raymond James lifted their Q1 2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a report issued on Thursday, December 19th. Raymond James analyst B. Macarthur now anticipates that the basic materials company will post earnings of $0.95 per share for the quarter, up from their previous estimate of $0.85. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.22 per share.

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

A number of other equities analysts have also issued reports on the stock. Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. HC Wainwright reduced their target price on shares of Franco-Nevada from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Friday. Jefferies Financial Group lowered their price target on Franco-Nevada from $137.00 to $136.00 and set a “hold” rating on the stock in a research note on Thursday, October 17th. Finally, Scotiabank reduced their price objective on Franco-Nevada from $142.00 to $141.00 and set a “sector perform” rating for the company in a research report on Friday, November 8th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Franco-Nevada has an average rating of “Moderate Buy” and a consensus target price of $145.33.

Franco-Nevada Stock Up 0.9 %

Shares of FNV stock opened at $116.21 on Monday. Franco-Nevada has a 12 month low of $103.64 and a 12 month high of $137.60. The firm has a market cap of $22.37 billion, a PE ratio of -36.78 and a beta of 0.72. The stock has a 50 day moving average of $124.60 and a 200-day moving average of $123.30.

Franco-Nevada Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were issued a $0.36 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.24%. Franco-Nevada’s payout ratio is presently -45.57%.

Hedge Funds Weigh In On Franco-Nevada

Hedge funds and other institutional investors have recently modified their holdings of the stock. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in Franco-Nevada by 3,404.9% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 727,681 shares of the basic materials company’s stock worth $86,287,000 after acquiring an additional 706,919 shares in the last quarter. EdgePoint Investment Group Inc. grew its holdings in shares of Franco-Nevada by 19.4% in the 3rd quarter. EdgePoint Investment Group Inc. now owns 3,309,493 shares of the basic materials company’s stock worth $411,003,000 after purchasing an additional 537,047 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Franco-Nevada by 13.9% during the 3rd quarter. Victory Capital Management Inc. now owns 3,489,240 shares of the basic materials company’s stock worth $433,538,000 after purchasing an additional 424,810 shares in the last quarter. Two Sigma Advisers LP lifted its holdings in Franco-Nevada by 60.1% during the 3rd quarter. Two Sigma Advisers LP now owns 958,300 shares of the basic materials company’s stock valued at $119,069,000 after purchasing an additional 359,900 shares during the last quarter. Finally, National Bank of Canada FI boosted its position in Franco-Nevada by 25.4% in the second quarter. National Bank of Canada FI now owns 1,351,218 shares of the basic materials company’s stock valued at $159,178,000 after buying an additional 274,069 shares in the last quarter. Institutional investors own 77.06% of the company’s stock.

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.