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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSE:FNV

Franco-Nevada (FNV) Stock Price, News & Analysis

$121.44
-0.23 (-0.19%)
(As of 04/19/2024 ET)
Today's Range
$120.99
$122.17
50-Day Range
$104.88
$122.31
52-Week Range
$102.29
$161.25
Volume
829,345 shs
Average Volume
741,729 shs
Market Capitalization
$23.35 billion
P/E Ratio
N/A
Dividend Yield
1.12%
Price Target
$147.40

Franco-Nevada MarketRank™ Stock Analysis

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
21.4% Upside
$147.40 Price Target
Short Interest
Healthy
1.42% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.85mentions of Franco-Nevada in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.48%
From $2.76 to $3.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.47 out of 5 stars

Basic Materials Sector

57th out of 174 stocks

Gold & Silver Ores Industry

6th out of 38 stocks

FNV stock logo

About Franco-Nevada Stock (NYSE:FNV)

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. Franco-Nevada Corporation was founded in 1986 and is headquartered in Toronto, Canada.

FNV Stock Price History

FNV Stock News Headlines

Gold Rush: Exploring 5 Sector Giants Amidst Soaring Prices
Gold has reached new all-time highs, defying expectations amidst a robust U.S. economy and soaring stock markets. Its rally seems unstoppable, with gold trading at around $2,300 per ounce, marking an 11% increase year-to-date and a staggering 16% gain over the past 12 months.
Gold Rush: Exploring 5 Sector Giants Amidst Soaring Prices (FNV)
Gold has surged to new all-time highs, defying expectations amidst a robust U.S. economy and soaring stock market trading near all highs
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Franco-Nevada Corporation (FNV)
Franco-Nevada (NYSE:FNV) PT Raised to $141.00 at Raymond James
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
CIBC Keeps Their Buy Rating on Franco-Nevada (FNV)
RBC Capital Sticks to Their Hold Rating for Franco-Nevada (FNV)
FNV Apr 2024 145.000 call
FNV Aug 2024 60.000 call
The 3 Best Stocks to Buy With $1,000 in March 2024
Franco-Nevada Reports 2023 Results
Franco-Nevada: Now Priced To Buy? (Rating Upgrade)
RBC Capital Keeps Their Hold Rating on Franco-Nevada (FNV)
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
4/19/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
38
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$147.40
High Stock Price Target
$214.00
Low Stock Price Target
$117.00
Potential Upside/Downside
+21.4%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
11 Analysts

Profitability

Net Income
$-466,400,000.00
Pretax Margin
-29.88%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$5.02 per share
Book Value
$30.02 per share

Miscellaneous

Free Float
190,961,000
Market Cap
$23.36 billion
Optionable
Optionable
Beta
0.71

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Key Executives

  • Mr. Paul Brink (Age 56)
    President, CEO & Director
    Comp: $1.15M
  • Mr. Sandip Rana BBA (Age 51)
    C.A., Chief Financial Officer
    Comp: $671.61k
  • Mr. Lloyd Hyunsoo Hong (Age 51)
    Chief Legal Officer & Corporate Secretary
    Comp: $634.7k
  • Mr. Jason O'Connell (Age 45)
    Senior Vice President of Diversified
    Comp: $443.17k
  • Mr. Eaun Harrison Gray (Age 41)
    Senior Vice President of Business Development
    Comp: $488.63k
  • Dr. Pierre Paul Lassonde Ph.D. (Age 76)
    Co-Founder & Chair Emeritus
    Comp: $34.16k
  • Mr. Chris Bell
    Vice President of Geology
  • Mr. John Blanchette
    President of Barbados
  • Ms. Nalinie Mahon
    Vice President of Finance & Operations of Barbados
  • Ms. Traci Schweikert
    Chief Talent Officer

Should I Buy Franco-Nevada Stock? FNV Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Franco-Nevada Co.:

  • Franco-Nevada has a strong focus on precious metals like gold, silver, and platinum group metals, which are considered safe-haven assets during economic uncertainties.
  • The company operates as a royalty and streaming company, providing investors with exposure to the mining sector without the risks associated with operating mines.
  • Recent institutional investments from major players like FMR LLC, Vanguard Group Inc., and others indicate confidence in the company's growth potential.
  • Analysts have set price targets for Franco-Nevada, suggesting potential upside for investors if the company meets or exceeds expectations.
  • With a diversified portfolio across different regions, Franco-Nevada is well-positioned to benefit from global economic trends impacting the mining and energy sectors.

Cons

Investors should be bearish about investing in Franco-Nevada Co. for these reasons:

  • The stock price of Franco-Nevada has faced downward pressure due to factors like market volatility, commodity price fluctuations, and analyst downgrades.
  • As a company heavily reliant on the mining and energy sectors, Franco-Nevada is exposed to risks associated with geopolitical instability, regulatory changes, and environmental concerns.
  • Despite the company's focus on precious metals, fluctuations in metal prices can impact Franco-Nevada's revenue and profitability, leading to potential volatility in stock performance.
  • Market conditions and macroeconomic factors can influence the demand for commodities, affecting Franco-Nevada's revenue streams and overall financial performance.
  • Investors need to consider the cyclical nature of the mining industry, which can lead to periods of underperformance for companies like Franco-Nevada during economic downturns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Franco-Nevada pros and cons to contact@marketbeat.com.

FNV Stock Analysis - Frequently Asked Questions

Should I buy or sell Franco-Nevada stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franco-Nevada in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FNV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FNV, but not buy additional shares or sell existing shares.
View FNV analyst ratings
or view top-rated stocks.

What is Franco-Nevada's stock price target for 2024?

11 equities research analysts have issued 12 month target prices for Franco-Nevada's shares. Their FNV share price targets range from $117.00 to $214.00. On average, they anticipate the company's stock price to reach $147.40 in the next year. This suggests a possible upside of 21.4% from the stock's current price.
View analysts price targets for FNV
or view top-rated stocks among Wall Street analysts.

How have FNV shares performed in 2024?

Franco-Nevada's stock was trading at $110.81 on January 1st, 2024. Since then, FNV stock has increased by 9.6% and is now trading at $121.44.
View the best growth stocks for 2024 here
.

Are investors shorting Franco-Nevada?

Franco-Nevada saw a decline in short interest in March. As of March 31st, there was short interest totaling 2,700,000 shares, a decline of 19.4% from the March 15th total of 3,350,000 shares. Based on an average daily trading volume, of 734,900 shares, the days-to-cover ratio is currently 3.7 days. Approximately 1.4% of the company's shares are sold short.
View Franco-Nevada's Short Interest
.

When is Franco-Nevada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our FNV earnings forecast
.

How can I listen to Franco-Nevada's earnings call?

Franco-Nevada will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8677 with passcode "644762#".

How were Franco-Nevada's earnings last quarter?

Franco-Nevada Co. (NYSE:FNV) issued its earnings results on Tuesday, March, 5th. The basic materials company reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.10. The basic materials company had revenue of $303.30 million for the quarter. Franco-Nevada had a negative net margin of 38.26% and a positive trailing twelve-month return on equity of 10.61%.

How often does Franco-Nevada pay dividends? What is the dividend yield for Franco-Nevada?

Franco-Nevada announced a quarterly dividend on Tuesday, January 30th. Investors of record on Thursday, March 14th will be paid a dividend of $0.36 per share on Thursday, March 28th. This represents a $1.44 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Wednesday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for FNV
.

Is Franco-Nevada a good dividend stock?

Franco-Nevada (NYSE:FNV) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.13%.
Read our dividend analysis for FNV.

What is David Harquail's approval rating as Franco-Nevada's CEO?

3 employees have rated Franco-Nevada Chief Executive Officer David Harquail on Glassdoor.com. David Harquail has an approval rating of 100% among the company's employees. This puts David Harquail in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Franco-Nevada own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Franco-Nevada investors own include Wheaton Precious Metals (WPM), NVIDIA (NVDA), Cisco Systems (CSCO), Alibaba Group (BABA), Intel (INTC), Newmont (NEM), Royal Gold (RGLD), Johnson & Johnson (JNJ), Barrick Gold (GOLD) and Verizon Communications (VZ).

Who are Franco-Nevada's major shareholders?

Franco-Nevada's stock is owned by many different institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.27%), Annex Advisory Services LLC (0.07%), Addenda Capital Inc. (0.03%), Capital Asset Advisory Services LLC (0.02%), Global Assets Advisory LLC (0.02%) and Tevis Investment Management (0.00%).

How do I buy shares of Franco-Nevada?

Shares of FNV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FNV) was last updated on 4/19/2024 by MarketBeat.com Staff

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