Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) – Equities researchers at National Bank Financial raised their Q2 2025 EPS estimates for shares of Franco-Nevada in a research report issued on Tuesday, July 15th. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will post earnings per share of $1.17 for the quarter, up from their prior forecast of $1.14. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share.
A number of other analysts have also weighed in on the stock. CIBC reissued an “outperform” rating on shares of Franco-Nevada in a research report on Tuesday. Raymond James Financial set a $186.00 price target on Franco-Nevada and gave the stock an “outperform” rating in a research note on Wednesday, May 28th. Wall Street Zen upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a report on Monday, April 7th. National Bankshares reiterated a “sector perform” rating on shares of Franco-Nevada in a research note on Tuesday, June 24th. Finally, Royal Bank Of Canada boosted their target price on shares of Franco-Nevada from $160.00 to $190.00 and gave the company a “sector perform” rating in a research note on Wednesday, June 4th. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $172.13.
Franco-Nevada Trading Down 1.0%
Shares of FNV opened at $154.58 on Thursday. The company’s fifty day simple moving average is $164.95 and its 200-day simple moving average is $152.90. The company has a market cap of $29.78 billion, a P/E ratio of 48.31, a P/E/G ratio of 2.14 and a beta of 0.41. Franco-Nevada has a twelve month low of $112.70 and a twelve month high of $179.99.
Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last announced its earnings results on Thursday, May 8th. The basic materials company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.07. The firm 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%. The company’s quarterly revenue was up 43.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.76 EPS.
Institutional Investors Weigh In On Franco-Nevada
Institutional investors have recently added to or reduced their stakes in the stock. Greenleaf Trust acquired a new stake in shares of Franco-Nevada in the 2nd quarter worth $206,000. Klein Pavlis & Peasley Financial Inc. grew its stake in shares of Franco-Nevada by 4.3% during the 2nd quarter. Klein Pavlis & Peasley Financial Inc. now owns 12,163 shares of the basic materials company’s stock worth $1,994,000 after purchasing an additional 507 shares during the period. Addenda Capital Inc. increased its holdings in Franco-Nevada by 1,783.3% in the second quarter. Addenda Capital Inc. now owns 123,284 shares of the basic materials company’s stock valued at $20,209,000 after buying an additional 116,738 shares in the last quarter. Signaturefd LLC increased its stake in shares of Franco-Nevada by 3.1% in the 2nd quarter. Signaturefd LLC now owns 3,292 shares of the basic materials company’s stock valued at $540,000 after purchasing an additional 99 shares in the last quarter. Finally, Fortune Financial Advisors LLC increased its position in shares of Franco-Nevada by 4.5% in the second quarter. Fortune Financial Advisors LLC now owns 6,291 shares of the basic materials company’s stock valued at $1,031,000 after buying an additional 273 shares in the last quarter. Institutional investors own 77.06% of the company’s stock.
Franco-Nevada Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, June 12th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $1.52 dividend on an annualized basis and a yield of 0.98%. Franco-Nevada’s dividend payout ratio is currently 47.50%.
About Franco-Nevada
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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