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

11 Wall Street 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 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 brokerages 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 predict the company's stock price to reach $147.30 in the next twelve months. This suggests a possible upside of 22.3% 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 8.7% and is now trading at $120.49. View the best growth stocks for 2024 here .

Are investors shorting Franco-Nevada?

Franco-Nevada saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,700,000 shares, a drop of 19.4% from the March 15th total of 3,350,000 shares. Based on an average daily volume of 734,900 shares, the days-to-cover ratio is presently 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 Tuesday, May 7th 2024. View our FNV earnings forecast .

How were Franco-Nevada's earnings last quarter?

Franco-Nevada Co. (NYSE:FNV) released its quarterly earnings data on Tuesday, March, 5th. The basic materials company reported $0.90 earnings per share for the quarter, beating 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. 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 1.20%. The ex-dividend date 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 1.16%. 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 Sprott Gold Miners ETF (SGDM) , U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) , VanEck Gold Miners ETF (GDX) , Horizon Kinetics Inflation Beneficiaries ETF (INFL) , SPDR S&P North American Natural Resources ETF (NANR) , Absolute Select Value ETF (ABEQ) , ProShares S&P Global Core Battery Metals ETF (ION) and JPMorgan BetaBuilders Canada ETF (BBCA) .

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 shareholders include Annex Advisory Services LLC (0.07%), Addenda Capital Inc. (0.03%), Capital Asset Advisory Services LLC (0.02%), Global Assets Advisory LLC (0.02%), Tevis Investment Management (0.00%) and Confluence Investment Management LLC (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 .

NYSE:FNV

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

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$121.70

+1.23 (+1.02%)

(As of 10:21 AM ET)

Compare

Today's Range: $120.49
▼
$122.22
50-Day Range: $104.88
▼
$122.31
52-Week Range: $102.29
▼
$161.25

Volume: 133,546 shs
Average Volume: 737,120 shs
Market Capitalization: $23.40 billion

P/E Ratio: N/A
Dividend Yield: 1.12%
Price Target: $147.30

Get Franco-Nevada alerts:

Franco-Nevada MarketRank™ Stock Analysis

Analyst Rating: Hold
2.36 Rating Score
Upside/Downside: 22.3% Upside
$147.30 Price Target
Short Interest: Healthy
1.42% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.77
Based on 11 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.

3.45 out of 5 stars

Basic Materials Sector

34th out of 170 stocks

Gold & Silver Ores Industry

4th out of 37 stocks

2.2

Analyst's Opinion

Consensus Rating
Franco-Nevada has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 5 buy ratings, 5 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Franco-Nevada has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.42% of the float of Franco-Nevada has been sold short.
Short Interest Ratio / Days to Cover
Franco-Nevada has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Franco-Nevada has recently decreased by 19.40%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
Franco-Nevada pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Franco-Nevada has been increasing its dividend for 11 years.
Dividend Sustainability
Based on earnings estimates, Franco-Nevada will have a dividend payout ratio of 41.59% next year. This indicates that Franco-Nevada will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FNV.

2.7

News and Social Media Coverage

News Sentiment
Franco-Nevada has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Franco-Nevada this week, compared to 4 articles on an average week.
Search Interest
Only 13 people have searched for FNV on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Franco-Nevada to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Franco-Nevada insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.70% of the stock of Franco-Nevada is held by insiders.
Percentage Held by Institutions
77.06% of the stock of Franco-Nevada is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Franco-Nevada are expected to grow by 18.48% in the coming year, from $2.76 to $3.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Franco-Nevada is -49.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Franco-Nevada is -49.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Franco-Nevada has a PEG Ratio of 6.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Franco-Nevada has a P/B Ratio of 4.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

FNV Stock News Headlines

April 4, 2024 | marketbeat.com

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April 4, 2024 | marketbeat.com

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

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April 17, 2024 | msn.com

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April 16, 2024 | americanbankingnews.com

Franco-Nevada Co. (NYSE:FNV) Receives Average Recommendation of "Hold" from Analysts

April 15, 2024 | finance.yahoo.com

Scottie Resources Closes Financing Package with Franco-Nevada Corporation

April 15, 2024 | finance.yahoo.com

Franco-Nevada Corporation (FNV)

April 13, 2024 | americanbankingnews.com

Franco-Nevada (NYSE:FNV) PT Raised to $141.00 at Raymond James

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April 11, 2024 | markets.businessinsider.com

CIBC Keeps Their Buy Rating on Franco-Nevada (FNV)

April 10, 2024 | 247wallst.com

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April 10, 2024 | prnewswire.com

Franco-Nevada Launches 2024 ESG Report and Asset Handbook

March 30, 2024 | markets.businessinsider.com

RBC Capital Sticks to Their Hold Rating for Franco-Nevada (FNV)

March 16, 2024 | finance.yahoo.com

FNV Apr 2024 145.000 call

March 16, 2024 | finance.yahoo.com

FNV Aug 2024 60.000 call

March 15, 2024 | prnewswire.com

Franco-Nevada Files Year-End Disclosure Documents and Provides Details on Upcoming Virtual Investor Day

March 11, 2024 | investorplace.com

The 3 Best Stocks to Buy With $1,000 in March 2024

March 11, 2024 | markets.businessinsider.com

Analysts Conflicted on These Materials Names: Lsb Industries (LXU) and Franco-Nevada (FNV)

March 5, 2024 | investorplace.com

FNV Stock Earnings: Franco-Nevada Beats EPS, Beats Revenue for Q4 2023

March 5, 2024 | prnewswire.com

Franco-Nevada Reports 2023 Results

March 4, 2024 | investorplace.com

Hidden Gems: 7 Oversold Stocks Ready for a Major Rebound

February 28, 2024 | seekingalpha.com

Franco-Nevada: Now Priced To Buy? (Rating Upgrade)

February 20, 2024 | msn.com

Newmont (NEM) to Report Q4 Earnings: What's in the Cards?

February 19, 2024 | finance.yahoo.com

Franco-Nevada's (TSE:FNV) Returns On Capital Are Heading Higher

February 16, 2024 | markets.businessinsider.com

RBC Capital Keeps Their Hold Rating on Franco-Nevada (FNV)

February 13, 2024 | msn.com

HMY vs. FNV: Which Stock Is the Better Value Option?

February 12, 2024 | finance.yahoo.com

Will Franco-Nevada (FNV) Beat Estimates Again in Its Next Earnings Report?

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: 4/18/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:FNV
CUSIP: N/A
CIK: 1456346
Web: www.franco-nevada.com
Phone: (416) 306-6300
Fax: 416-306-6330
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: +22.3%
Consensus Rating: Hold
Rating Score (0-4): 2.36
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.43)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 43.66
P/E Growth: 6.38
Net Income: $-466,400,000.00
Net Margins: -38.26%
Pretax Margin: -29.88%
Return on Equity: 10.61%
Return on Assets: 10.26%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 41.21
Quick Ratio: 41.21

Sales & Book Value

Annual Sales: $1.22 billion
Price / Sales: 19.01
Cash Flow: $5.15 per share
Price / Cash Flow: 23.40
Book Value: $30.02 per share
Price / Book: 4.01

Miscellaneous

Outstanding Shares: 192,310,000
Free Float: 190,830,000
Market Cap: $23.17 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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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 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 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 brokerages 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 predict the company's stock price to reach $147.30 in the next twelve months. This suggests a possible upside of 22.3% 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 8.7% and is now trading at $120.49.
View the best growth stocks for 2024 here.
Are investors shorting Franco-Nevada?: Franco-Nevada saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,700,000 shares, a drop of 19.4% from the March 15th total of 3,350,000 shares. Based on an average daily volume of 734,900 shares, the days-to-cover ratio is presently 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 Tuesday, May 7th 2024.
View our FNV earnings forecast.
How were Franco-Nevada's earnings last quarter?: Franco-Nevada Co. (NYSE:FNV) released its quarterly earnings data on Tuesday, March, 5th. The basic materials company reported $0.90 earnings per share for the quarter, beating 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. 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 1.20%. The ex-dividend date 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 1.16%.
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 Sprott Gold Miners ETF (SGDM), U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), VanEck Gold Miners ETF (GDX), Horizon Kinetics Inflation Beneficiaries ETF (INFL), SPDR S&P North American Natural Resources ETF (NANR), Absolute Select Value ETF (ABEQ), ProShares S&P Global Core Battery Metals ETF (ION) and JPMorgan BetaBuilders Canada ETF (BBCA).
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 shareholders include Annex Advisory Services LLC (0.07%), Addenda Capital Inc. (0.03%), Capital Asset Advisory Services LLC (0.02%), Global Assets Advisory LLC (0.02%), Tevis Investment Management (0.00%) and Confluence Investment Management LLC (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 4/18/2024 by MarketBeat.com Staff

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