FY2025 EPS Estimate for Franco-Nevada Increased by Analyst

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Stock analysts at National Bank Financial increased their FY2025 EPS estimates for Franco-Nevada in a research report issued to clients and investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the company will earn $7.02 per share for the year, up from their previous forecast of $6.86. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share.

Several other equities research analysts also recently issued reports on the stock. Canaccord Genuity Group increased their price objective on shares of Franco-Nevada from C$262.00 to C$267.00 in a research report on Tuesday, June 10th. Bank of America raised their target price on shares of Franco-Nevada from C$255.00 to C$290.00 in a research report on Friday, August 29th. Three investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy” and an average target price of C$240.00.

Franco-Nevada Stock Up 2.3%

Shares of FNV stock opened at C$298.41 on Thursday. The firm has a fifty day moving average of C$252.10 and a 200-day moving average of C$234.85. Franco-Nevada has a 12-month low of C$157.70 and a 12-month high of C$298.77. The company has a market capitalization of C$57.50 billion, a price-to-earnings ratio of 73.32, a P/E/G ratio of 5.00 and a beta of 0.53.

Insider Buying and Selling

In other news, Director Boris De Vries sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of C$262.30, for a total value of C$524,598.00. Following the transaction, the director owned 4,770 shares of the company’s stock, valued at approximately C$1,251,166.23. This represents a 29.54% decrease in their ownership of the stock. Also, insider Sandip Rana sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of C$274.47, for a total value of C$1,646,844.00. Following the completion of the transaction, the insider directly owned 57,483 shares in the company, valued at C$15,777,588.94. The trade was a 9.45% decrease in their position. Insiders have sold 15,560 shares of company stock valued at $4,228,233 in the last ninety days. 0.69% of the stock is currently owned by company insiders.

Franco-Nevada Company Profile

Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration.