Raymond James Forecasts Weaker Earnings for Franco-Nevada

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Raymond James dropped their Q1 2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a note issued to investors on Monday, March 10th. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings per share of $0.90 for the quarter, down from their prior forecast of $0.96. Raymond James currently has a “Outperform” rating and a $162.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share. Raymond James also issued estimates for Franco-Nevada’s Q3 2025 earnings at $0.90 EPS, Q4 2025 earnings at $0.87 EPS and FY2025 earnings at $3.63 EPS.

FNV has been the topic of a number of other reports. Scotiabank lifted their price target on Franco-Nevada from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Tuesday. TD Securities cut shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a $152.00 target price for the company. in a research report on Tuesday. Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Royal Bank of Canada upped their price objective on shares of Franco-Nevada from $145.00 to $155.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 11th. Finally, Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $153.63.

Franco-Nevada Trading Up 2.2 %

FNV stock opened at $153.45 on Thursday. Franco-Nevada has a 12-month low of $112.70 and a 12-month high of $153.84. The business’s 50-day moving average is $136.05 and its 200 day moving average is $127.90. The stock has a market cap of $29.55 billion, a price-to-earnings ratio of -48.56, a PEG ratio of 9.78 and a beta of 0.73.

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

Institutional Investors Weigh In On Franco-Nevada

A number of institutional investors have recently modified their holdings of the company. PKO Investment Management Joint Stock Co acquired a new stake in shares of Franco-Nevada during the fourth quarter worth about $7,132,000. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. purchased a new position in Franco-Nevada in the 4th quarter valued at approximately $641,000. Public Employees Retirement System of Ohio grew its stake in shares of 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 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. Finally, Adalta Capital Management LLC raised its stake in shares of Franco-Nevada by 25.4% in 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 and hedge funds.

Franco-Nevada Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.38 per share. 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 of this dividend is Thursday, March 13th. Franco-Nevada’s dividend payout ratio is 53.15%.

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.