HC Wainwright Estimates Franco-Nevada FY2025 Earnings

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Equities research analysts at HC Wainwright issued their FY2025 EPS estimates for Franco-Nevada in a report released on Tuesday, August 12th. HC Wainwright analyst H. Ihle anticipates that the basic materials company will earn $4.30 per share for the year. HC Wainwright has a “Buy” rating and a $200.00 price objective on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share.

A number of other brokerages have also recently commented on FNV. Royal Bank Of Canada upped their price target on shares of Franco-Nevada from $160.00 to $190.00 and gave the company a “sector perform” rating in a research report on Wednesday, June 4th. Raymond James Financial increased their price objective on shares of Franco-Nevada from $186.00 to $188.00 and gave the stock an “outperform” rating in a research report on Tuesday. BMO Capital Markets reissued an “outperform” rating on shares of Franco-Nevada in a research report on Wednesday, May 28th. CIBC reissued an “outperform” rating on shares of Franco-Nevada in a research report on Tuesday, July 15th. Finally, Scotiabank increased their price objective on shares of Franco-Nevada from $182.00 to $184.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $178.88.

Franco-Nevada Trading Down 1.0%

Shares of FNV opened at $177.28 on Thursday. The stock has a market capitalization of $34.15 billion, a P/E ratio of 43.56, a price-to-earnings-growth ratio of 2.38 and a beta of 0.36. The firm’s fifty day simple moving average is $164.82 and its two-hundred day simple moving average is $158.51. Franco-Nevada has a 12 month low of $112.70 and a 12 month high of $180.98.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last issued its quarterly earnings results on Monday, August 11th. The basic materials company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.14. The business had revenue of $369.40 million for the quarter, compared to analysts’ expectations of $382.70 million. Franco-Nevada had a net margin of 58.82% and a return on equity of 12.56%. The business’s quarterly revenue was up 42.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.75 earnings per share.

Franco-Nevada Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 11th will be given a $0.38 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $1.52 annualized dividend and a yield of 0.9%. Franco-Nevada’s dividend payout ratio (DPR) is presently 37.35%.

Hedge Funds Weigh In On Franco-Nevada

Large investors have recently added to or reduced their stakes in the business. CX Institutional bought a new position in Franco-Nevada in the 1st quarter valued at about $30,000. Cullen Frost Bankers Inc. bought a new position in Franco-Nevada in the 1st quarter valued at about $32,000. MTM Investment Management LLC bought a new position in Franco-Nevada in the 2nd quarter valued at about $32,000. Golden State Wealth Management LLC lifted its position in Franco-Nevada by 78.3% in the 2nd quarter. Golden State Wealth Management LLC now owns 205 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 90 shares in the last quarter. Finally, Nexus Investment Management ULC bought a new position in Franco-Nevada in the 1st quarter valued at about $35,000. Institutional investors 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.