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NYSE:FNV

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

$118.66
+1.37 (+1.17%)
(As of 09:46 AM ET)
Today's Range
$118.20
$119.09
50-Day Range
$104.88
$117.29
52-Week Range
$102.29
$161.25
Volume
52,873 shs
Average Volume
737,174 shs
Market Capitalization
$22.80 billion
P/E Ratio
N/A
Dividend Yield
1.15%
Price Target
$147.30

Franco-Nevada MarketRank™ Stock Analysis

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
25.6% Upside
$147.30 Price Target
Short Interest
Bearish
1.76% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.95mentions of Franco-Nevada in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.04%
From $2.68 to $3.11 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.

3.81 out of 5 stars

Basic Materials Sector

49th out of 171 stocks

Gold & Silver Ores Industry

6th out of 37 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

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
FNV Apr 2024 145.000 call
FNV Aug 2024 60.000 call
The 3 Best Stocks to Buy With $1,000 in March 2024
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Franco-Nevada Reports 2023 Results
Franco-Nevada: Now Priced To Buy? (Rating Upgrade)
RBC Capital Keeps Their Hold Rating on Franco-Nevada (FNV)
Cobre Panama Environmental Stewardship Update
Cobre Panama Additional Operations Update
Cobre Panama Supreme Court Update
See More Headlines
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Company Calendar

Last Earnings
11/08/2023
Ex-Dividend for 3/28 Dividend
3/13/2024
Today
3/27/2024
Dividend Payable
3/28/2024
Next Earnings (Estimated)
5/07/2024
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
$147.30
High Stock Price Target
$214.00
Low Stock Price Target
$117.00
Potential Upside/Downside
+25.6%
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
$5.08 per share
Book Value
$30.02 per share

Miscellaneous

Free Float
190,830,000
Market Cap
$22.54 billion
Optionable
Optionable
Beta
0.70

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Key Executives

  • Mr. Paul Brink (Age 55)
    President, CEO & Director
    Comp: $2.01M
  • Mr. Sandip Rana BBA (Age 50)
    C.A., Chief Financial Officer
    Comp: $1.04M
  • Mr. Lloyd Hyunsoo Hong (Age 51)
    Chief Legal Officer & Corporate Secretary
    Comp: $952.93k
  • Mr. Jason O'Connell (Age 45)
    Senior Vice President of Diversified
    Comp: $617.55k
  • Mr. Eaun Harrison Gray (Age 41)
    Senior Vice President of Business Development
    Comp: $763.1k
  • Dr. Pierre Paul Lassonde Ph.D. (Age 76)
    Co-Founder & Chair Emeritus
    Comp: $34.81k
  • 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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Franco-Nevada was last updated on Tuesday, March 26, 2024 at 10:49 PM.

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 operational risks associated with traditional mining companies.
  • Recent analyst reports have set price targets for Franco-Nevada, indicating potential growth opportunities for investors.
  • With a diverse portfolio spanning across different regions, Franco-Nevada offers geographical diversification to investors, reducing risk exposure to a single market.
  • Given the current market conditions, investing in Franco-Nevada can act as a hedge against inflation due to the historical performance of precious metals during inflationary periods.

Cons

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

  • Fluctuations in commodity prices, especially gold and silver, can directly impact Franco-Nevada's revenue and profitability, making it susceptible to market volatility.
  • The company's stock price can be influenced by macroeconomic factors, geopolitical events, and regulatory changes, leading to potential short-term price fluctuations.
  • As a company operating in the mining sector, Franco-Nevada is exposed to operational risks such as production disruptions, regulatory challenges, and environmental concerns that can impact its financial performance.
  • Investors need to consider the cyclical nature of the mining industry, where downturns in the commodity market can affect Franco-Nevada's stock price and overall returns.
  • While precious metals are considered safe-haven assets, they can also experience periods of underperformance, affecting Franco-Nevada's financial results and stock performance.

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 brokers have issued 1 year price targets for Franco-Nevada's shares. Their FNV share price targets range from $117.00 to $214.00. On average, they expect the company's share price to reach $147.30 in the next twelve months. This suggests a possible upside of 25.6% 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 at the beginning of 2024. Since then, FNV shares have increased by 5.8% and is now trading at $117.2850.
View the best growth stocks for 2024 here
.

Are investors shorting Franco-Nevada?

Franco-Nevada saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,350,000 shares, an increase of 11.7% from the February 29th total of 3,000,000 shares. Based on an average daily trading volume, of 730,500 shares, the short-interest ratio is currently 4.6 days. Approximately 1.8% 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 Tuesday, May 7th 2024.
View our FNV earnings forecast
.

How were Franco-Nevada's earnings last quarter?

Franco-Nevada Co. (NYSE:FNV) issued its earnings results on Wednesday, November, 8th. The basic materials company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.03. The basic materials company earned $309.50 million during the quarter, compared to analysts' expectations of $317.93 million. Franco-Nevada had a negative net margin of 38.26% and a positive trailing twelve-month return on equity of 10.61%. The company's revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.83 EPS.

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

Franco-Nevada declared a quarterly dividend on Tuesday, January 30th. Shareholders 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 1.23%. The ex-dividend date of this dividend is Wednesday, March 13th. This is a boost 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 1.19%.
Read our dividend analysis for FNV.

What ETFs hold Franco-Nevada's stock?

ETFs with the largest weight of Franco-Nevada (NYSE:FNV) stock in their portfolio include iShares North American Natural Resources ETF (IGE).BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD).

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 a number of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (5.73%), FIL Ltd (4.72%), Van ECK Associates Corp (4.57%), Vanguard Group Inc. (3.77%), Vanguard Group Inc. (3.77%) and Capital World Investors (2.33%).

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 3/28/2024 by MarketBeat.com Staff

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