
Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) – Research analysts at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for shares of Franco-Nevada in a research report issued on Thursday, March 12th. HC Wainwright analyst H. Ihle forecasts that the basic materials company will post earnings of $4.72 per share for the year. HC Wainwright currently has a “Buy” rating and a $305.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share.
FNV has been the topic of several other reports. Scotiabank boosted their price objective on shares of Franco-Nevada from $283.00 to $286.00 and gave the company a “sector perform” rating in a research report on Monday. Jefferies Financial Group reissued a “hold” rating and issued a $228.00 price target on shares of Franco-Nevada in a research note on Sunday, December 7th. UBS Group restated a “buy” rating and issued a $310.00 price target on shares of Franco-Nevada in a report on Friday, January 30th. Weiss Ratings cut Franco-Nevada from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 6th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Franco-Nevada in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $257.25.
Franco-Nevada Stock Up 0.3%
Shares of FNV stock opened at $254.91 on Monday. The firm has a fifty day moving average of $252.29 and a 200-day moving average of $220.74. Franco-Nevada has a 12-month low of $140.03 and a 12-month high of $285.67. The company has a market capitalization of $49.15 billion, a price-to-earnings ratio of 44.26, a P/E/G ratio of 3.69 and a beta of 0.45.
Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last announced its earnings results on Tuesday, March 10th. The basic materials company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.67 by $0.18. Franco-Nevada had a net margin of 61.01% and a return on equity of 15.62%. The firm had revenue of $597.30 million for the quarter, compared to the consensus estimate of $542.02 million. During the same period last year, the company posted $0.95 EPS. The business’s quarterly revenue was up 86.1% on a year-over-year basis.
Institutional Investors Weigh In On Franco-Nevada
A number of institutional investors have recently modified their holdings of the company. PFG Investments LLC increased its stake in Franco-Nevada by 0.6% in the fourth quarter. PFG Investments LLC now owns 7,159 shares of the basic materials company’s stock valued at $1,484,000 after purchasing an additional 46 shares in the last quarter. Composition Wealth LLC lifted its holdings in shares of Franco-Nevada by 0.8% in the fourth quarter. Composition Wealth LLC now owns 6,108 shares of the basic materials company’s stock valued at $1,266,000 after purchasing an additional 49 shares in the last quarter. Clark Capital Management Group Inc. boosted its holdings in Franco-Nevada by 1.0% during the 4th quarter. Clark Capital Management Group Inc. now owns 5,054 shares of the basic materials company’s stock worth $1,048,000 after acquiring an additional 50 shares during the last quarter. Syon Capital LLC grew its position in Franco-Nevada by 2.1% in the 4th quarter. Syon Capital LLC now owns 2,443 shares of the basic materials company’s stock worth $506,000 after purchasing an additional 51 shares in the last quarter. Finally, Guardian Partners Inc. grew its stake in Franco-Nevada by 3.2% in the 4th quarter. Guardian Partners Inc. now owns 1,692 shares of the basic materials company’s stock valued at $351,000 after purchasing an additional 52 shares during the period. 77.06% of the stock is owned by institutional investors.
Franco-Nevada Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $1.76 dividend on an annualized basis and a yield of 0.7%. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.38. Franco-Nevada’s payout ratio is currently 30.56%.
About Franco-Nevada
Franco-Nevada Corporation is a Toronto-based royalty and streaming company that specializes in securing and managing long-term interests in mining properties. The firm focuses primarily on precious metals, particularly gold, while also holding interests related to silver, copper, platinum-group metals and select base metals. Rather than operating mines directly, Franco-Nevada acquires royalty and streaming agreements that entitle it to a percentage of production or revenue from producing and developing assets in exchange for upfront or staged financing.
The company’s business model centers on providing capital to mining companies in return for a sustained share of production or metal revenue, which can reduce exposure to operating and capital cost risks typical of mine operators.
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