FY2025 EPS Estimate for Franco-Nevada Decreased by Analyst

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Analysts at HC Wainwright decreased their FY2025 earnings per share (EPS) estimates for Franco-Nevada in a research report issued on Tuesday, March 11th. HC Wainwright analyst H. Ihle now anticipates that the basic materials company will post earnings per share of $2.38 for the year, down from their prior estimate of $3.68. HC Wainwright currently has a “Buy” rating and a $165.00 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 subject of a number of other research reports. Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Raymond James boosted their price target on Franco-Nevada from $160.00 to $162.00 and gave the company an “outperform” rating in a research note on Tuesday. Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. UBS Group upped 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. Finally, StockNews.com raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Franco-Nevada has an average rating of “Moderate Buy” and an average price target of $153.63.

Franco-Nevada Stock Performance

FNV stock opened at $153.45 on Thursday. Franco-Nevada has a 52 week low of $112.70 and a 52 week high of $153.84. The company has a market capitalization of $29.55 billion, a PE ratio of -48.56, a price-to-earnings-growth ratio of 9.78 and a beta of 0.73. The company’s 50-day simple moving average is $136.05 and its 200 day simple moving average is $127.90.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last issued its quarterly earnings data on Monday, March 10th. The basic materials company reported $0.95 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 analyst estimates of $304.33 million. During the same period in the prior year, the firm posted $0.90 EPS. The company’s revenue for the quarter was up 5.8% on a year-over-year basis.

Franco-Nevada Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 0.99%. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.36. The ex-dividend date is Thursday, March 13th. Franco-Nevada’s dividend payout ratio (DPR) is presently 53.15%.

Institutional Investors Weigh In On Franco-Nevada

Hedge funds and other institutional investors have recently bought and sold shares of the stock. PKO Investment Management Joint Stock Co acquired a new stake in shares of 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 fourth quarter worth approximately $641,000. Public Employees Retirement System of Ohio boosted its holdings in Franco-Nevada by 1.0% in the fourth 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. Hudson Value Partners LLC grew its stake in Franco-Nevada by 5.9% in the fourth quarter. Hudson Value Partners LLC now owns 32,279 shares of the basic materials company’s stock valued at $3,796,000 after acquiring an additional 1,790 shares during the period. Finally, Adalta Capital Management LLC increased its holdings in shares of Franco-Nevada by 25.4% during the fourth quarter. Adalta Capital Management LLC now owns 13,216 shares of the basic materials company’s stock valued at $1,554,000 after acquiring an additional 2,677 shares in the last quarter. 77.06% of the stock is owned by institutional investors.

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.