
Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) – Equities researchers at HC Wainwright issued their FY2026 EPS estimates for Franco-Nevada in a report issued on Thursday, March 12th. HC Wainwright analyst H. Ihle anticipates that the basic materials company will post earnings per share of $4.72 for the year. HC Wainwright has a “Buy” rating and a $305.00 price target on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share.
Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last issued its quarterly earnings results on Tuesday, March 10th. The basic materials company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.18. Franco-Nevada had a return on equity of 15.62% and a net margin of 61.01%.The company had revenue of $597.30 million during the quarter, compared to the consensus estimate of $542.02 million. During the same period in the previous year, the firm posted $0.95 EPS. Franco-Nevada’s revenue was up 86.1% on a year-over-year basis.
Get Our Latest Analysis on FNV
Franco-Nevada Stock Down 4.6%
FNV stock opened at $251.45 on Monday. The stock has a market capitalization of $48.48 billion, a price-to-earnings ratio of 43.65, a price-to-earnings-growth ratio of 3.65 and a beta of 0.45. Franco-Nevada has a 52-week low of $140.03 and a 52-week high of $285.67. The stock’s fifty day simple moving average is $250.76 and its 200-day simple moving average is $219.78.
Franco-Nevada Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 0.7%. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Thursday, March 12th. Franco-Nevada’s dividend payout ratio (DPR) is presently 30.56%.
Institutional Investors Weigh In On Franco-Nevada
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Franco-Nevada in the 4th quarter valued at about $80,000. Sankala Group LLC acquired a new stake in Franco-Nevada during the 4th quarter worth approximately $213,000. Tobam increased its position in Franco-Nevada by 2,760.5% during the 4th quarter. Tobam now owns 1,087 shares of the basic materials company’s stock worth $225,000 after purchasing an additional 1,049 shares in the last quarter. Banque Transatlantique SA purchased a new position in Franco-Nevada in the fourth quarter valued at approximately $78,000. Finally, DGS Capital Management LLC acquired a new position in Franco-Nevada during the fourth quarter valued at approximately $257,000. 77.06% of the stock is currently owned by institutional investors and hedge funds.
About Franco-Nevada
Franco-Nevada Corporation is a Toronto-based royalty and streaming company that specializes in securing and managing long-term interests in mining properties. The firm focuses primarily on precious metals, particularly gold, while also holding interests related to silver, copper, platinum-group metals and select base metals. Rather than operating mines directly, Franco-Nevada acquires royalty and streaming agreements that entitle it to a percentage of production or revenue from producing and developing assets in exchange for upfront or staged financing.
The company’s business model centers on providing capital to mining companies in return for a sustained share of production or metal revenue, which can reduce exposure to operating and capital cost risks typical of mine operators.
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