Franco-Nevada FY2025 EPS Forecast Increased by Scotiabank

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Equities research analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a research report issued on Tuesday, October 28th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings of $5.61 per share for the year, up from their previous forecast of $5.30. Scotiabank currently has a “Sector Perform” rating and a $225.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share.

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

Other research analysts also recently issued reports about the company. TD Securities upped their target price on Franco-Nevada from $182.00 to $184.00 and gave the stock a “hold” rating in a research note on Tuesday, August 12th. UBS Group upped their price objective on shares of Franco-Nevada from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, October 16th. Weiss Ratings upgraded shares of Franco-Nevada from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday, October 25th. Canaccord Genuity Group upgraded shares of Franco-Nevada from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Zacks Research upgraded shares of Franco-Nevada from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $216.14.

Franco-Nevada Price Performance

FNV opened at $188.93 on Thursday. The firm has a fifty day moving average price of $201.60 and a 200 day moving average price of $178.92. Franco-Nevada has a 1 year low of $112.70 and a 1 year high of $225.63. The stock has a market cap of $36.41 billion, a P/E ratio of 46.42, a P/E/G ratio of 1.70 and a beta of 0.42.

Franco-Nevada Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, September 11th. Franco-Nevada’s payout ratio is 37.35%.

Institutional Investors Weigh In On Franco-Nevada

Several institutional investors and hedge funds have recently modified their holdings of FNV. Spire Wealth Management increased its stake in Franco-Nevada by 13.4% during the third quarter. Spire Wealth Management now owns 475 shares of the basic materials company’s stock worth $106,000 after purchasing an additional 56 shares during the period. SBI Securities Co. Ltd. increased its stake in 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 buying an additional 64 shares during the period. Versant Capital Management Inc increased its stake in Franco-Nevada by 19.6% during the 3rd quarter. Versant Capital Management Inc now owns 433 shares of the basic materials company’s stock worth $97,000 after buying an additional 71 shares during the period. Beacon Financial Group increased its stake in Franco-Nevada by 1.0% during the 2nd quarter. Beacon Financial Group now owns 7,169 shares of the basic materials company’s stock worth $1,175,000 after buying an additional 72 shares during the period. Finally, Kiker Wealth Management LLC increased its stake in Franco-Nevada by 20.5% during the 2nd quarter. Kiker Wealth Management LLC now owns 471 shares of the basic materials company’s stock worth $77,000 after buying an additional 80 shares during the period. Hedge funds and other institutional investors own 77.06% of the company’s stock.

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.