Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) – Investment analysts at Raymond James Financial lowered their Q2 2025 earnings per share estimates for Franco-Nevada in a note issued to investors on Monday, July 14th. Raymond James Financial analyst B. Macarthur now anticipates that the basic materials company will post earnings per share of $1.06 for the quarter, down from their prior forecast of $1.08. Raymond James Financial currently has a “Outperform” rating and a $186.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share. Raymond James Financial also issued estimates for Franco-Nevada’s FY2025 earnings at $4.59 EPS.
Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last posted its earnings results on Thursday, May 8th. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.07. The business had revenue of $368.40 million during the quarter, compared to analysts’ expectations of $328.79 million. Franco-Nevada had a return on equity of 11.40% and a net margin of 50.39%. Franco-Nevada’s revenue for the quarter was up 43.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.76 EPS.
Franco-Nevada Stock Down 0.6%
Shares of FNV stock opened at $156.16 on Wednesday. Franco-Nevada has a 12-month low of $112.70 and a 12-month high of $179.99. The firm has a fifty day moving average of $165.17 and a 200-day moving average of $152.64. The company has a market capitalization of $30.08 billion, a price-to-earnings ratio of 48.80, a P/E/G ratio of 2.15 and a beta of 0.41.
Hedge Funds Weigh In On Franco-Nevada
A number of institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. boosted its stake in shares of Franco-Nevada by 10.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 683 shares of the basic materials company’s stock worth $108,000 after acquiring an additional 64 shares during the period. Beacon Financial Group boosted its position in Franco-Nevada by 1.0% during the second quarter. Beacon Financial Group now owns 7,169 shares of the basic materials company’s stock worth $1,175,000 after purchasing an additional 72 shares during the period. Confluence Investment Management LLC increased its holdings in shares of Franco-Nevada by 1.5% in the first 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. increased its holdings in shares of Franco-Nevada by 25.8% in the fourth quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company’s stock valued at $53,000 after purchasing an additional 93 shares during the last quarter. Finally, Physician Wealth Advisors Inc. raised its position in shares of Franco-Nevada by 22.7% in the second quarter. Physician Wealth Advisors Inc. now owns 513 shares of the basic materials company’s stock valued at $84,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 77.06% of the company’s stock.
Franco-Nevada Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, June 12th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date was Thursday, June 12th. Franco-Nevada’s payout ratio is currently 47.50%.
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.
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