Stifel Canada Expects Stronger Earnings for Franco-Nevada

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Research analysts at Stifel Canada upped their FY2025 EPS estimates for shares of Franco-Nevada in a report issued on Monday, April 21st. Stifel Canada analyst I. Rico now forecasts that the basic materials company will post earnings of $4.32 per share for the year, up from their previous estimate of $4.08. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share. Stifel Canada also issued estimates for Franco-Nevada’s FY2026 earnings at $4.36 EPS.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last released its quarterly earnings results on Monday, March 10th. The basic materials company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.05. The firm had revenue of $321.00 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 EPS.

Other research analysts have also issued reports about the stock. UBS Group raised their target price on shares of Franco-Nevada from $170.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, April 11th. Raymond James raised their price target on shares of Franco-Nevada from $162.00 to $181.00 and gave the stock an “outperform” rating in a report on Friday, April 4th. HC Wainwright increased their price objective on Franco-Nevada from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, March 26th. National Bankshares reiterated a “sector perform” rating on shares of Franco-Nevada in a report on Wednesday, April 2nd. Finally, Royal Bank of Canada lifted their price target on shares of Franco-Nevada from $145.00 to $155.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 11th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $162.25.

Franco-Nevada Stock Performance

Shares of FNV stock opened at $170.15 on Wednesday. Franco-Nevada has a fifty-two week low of $112.70 and a fifty-two week high of $178.74. The stock’s fifty day moving average is $152.22 and its two-hundred day moving average is $135.26. The firm has a market capitalization of $32.76 billion, a P/E ratio of -53.84, a PEG ratio of 9.78 and a beta of 0.68.

Franco-Nevada Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a $0.38 dividend. This is a positive change from Franco-Nevada’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend was Thursday, March 13th. Franco-Nevada’s dividend payout ratio is currently 53.15%.

Institutional Trading of Franco-Nevada

A number of hedge funds and other institutional investors have recently made changes to their positions in FNV. Essex Financial Services Inc. increased its stake in Franco-Nevada by 2.2% in the fourth quarter. Essex Financial Services Inc. now owns 3,892 shares of the basic materials company’s stock valued at $458,000 after purchasing an additional 84 shares during the period. Confluence Investment Management LLC grew its stake in shares of Franco-Nevada by 1.5% in the 1st quarter. Confluence Investment Management LLC now owns 5,874 shares of the basic materials company’s stock valued at $926,000 after purchasing an additional 84 shares during the last quarter. Harbour Investments Inc. raised its stake in shares of Franco-Nevada by 25.8% during the fourth quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company’s stock worth $53,000 after purchasing an additional 93 shares during the last quarter. Mutual Advisors LLC lifted its holdings in shares of Franco-Nevada by 4.0% during the fourth quarter. Mutual Advisors LLC now owns 2,477 shares of the basic materials company’s stock worth $309,000 after purchasing an additional 96 shares during the period. Finally, Sustainable Insight Capital Management LLC lifted its holdings in shares of Franco-Nevada by 2.7% during the fourth quarter. Sustainable Insight Capital Management LLC now owns 3,755 shares of the basic materials company’s stock worth $441,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 77.06% of the company’s stock.

Franco-Nevada Company Profile

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.