FY2025 EPS Estimates for Franco-Nevada Raised by Scotiabank

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Investment analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $3.95 for the year, up from their previous forecast of $3.65. Scotiabank has a “Sector Perform” rating and a $141.00 price objective on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.22 per share. Scotiabank also issued estimates for Franco-Nevada’s FY2026 earnings at $4.64 EPS.

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 firm 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 10.55% and a negative net margin of 55.28%. The firm’s quarterly revenue was down 10.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 EPS.

Other analysts have also issued reports about the company. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. UBS Group started coverage on Franco-Nevada in a research report on Monday, November 18th. They set a “buy” rating and a $160.00 price objective for the company. Bank of America downgraded Franco-Nevada from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $142.00 to $139.00 in a research report on Tuesday, October 1st. Finally, Jefferies Financial Group lowered their price objective on Franco-Nevada from $137.00 to $136.00 and set a “hold” rating for the company in a research report on Thursday, October 17th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.33.

Franco-Nevada Stock Performance

FNV opened at $127.15 on Friday. The business’s fifty day moving average is $121.23 and its 200-day moving average is $123.60. The firm has a market cap of $24.48 billion, a P/E ratio of -40.24 and a beta of 0.72. Franco-Nevada has a 52-week low of $103.64 and a 52-week high of $137.60.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. raised its stake in shares of Franco-Nevada by 3,333.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 412 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 400 shares during the period. Point72 DIFC Ltd purchased a new position in shares of Franco-Nevada in the 3rd quarter worth about $52,000. Erste Asset Management GmbH purchased a new position in shares of Franco-Nevada in the 3rd quarter worth about $55,000. Birch Capital Management LLC boosted its holdings in shares of Franco-Nevada by 37.9% in the 4th quarter. Birch Capital Management LLC now owns 1,085 shares of the basic materials company’s stock worth $128,000 after purchasing an additional 298 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in shares of Franco-Nevada in the 3rd quarter worth about $147,000. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Franco-Nevada Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were given a dividend of $0.36 per share. The ex-dividend date was Thursday, December 5th. This represents a $1.44 annualized dividend and a dividend yield of 1.13%. 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.