FY2025 EPS Estimates for Franco-Nevada Boosted by Scotiabank

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Stock analysts at Scotiabank raised their FY2025 EPS estimates for shares of Franco-Nevada in a research report issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $3.98 for the year, up from their previous estimate of $3.95. Scotiabank has a “Sector Perform” rating and a $150.00 price objective on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share. Scotiabank also issued estimates for Franco-Nevada’s FY2026 earnings at $4.55 EPS.

FNV has been the subject of a number of other reports. TD Securities lowered shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a $152.00 price target for the company. in a research report on Tuesday, March 11th. StockNews.com raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a report on Wednesday. Raymond James lifted their price objective on shares of Franco-Nevada from $160.00 to $162.00 and gave the stock an “outperform” rating in a report on Tuesday, March 11th. UBS Group lifted their price objective on shares of Franco-Nevada from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. Finally, HC Wainwright lifted their price objective on shares of Franco-Nevada from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Franco-Nevada presently has a consensus rating of “Moderate Buy” and an average price target of $153.63.

Franco-Nevada Stock Up 0.8 %

Franco-Nevada stock opened at $155.55 on Friday. The firm has a 50 day moving average price of $139.06 and a 200-day moving average price of $128.98. The company has a market capitalization of $29.95 billion, a P/E ratio of -49.22, a P/E/G ratio of 9.78 and a beta of 0.73. Franco-Nevada has a twelve month low of $112.70 and a twelve month high of $156.82.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last released its earnings results on Monday, March 10th. The basic materials company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Franco-Nevada had a negative net margin of 55.28% and a positive return on equity of 10.55%. The firm had revenue of $321.00 million during the quarter, compared to the consensus estimate of $304.33 million. During the same period in the prior year, the firm earned $0.90 EPS. The company’s revenue was up 5.8% compared to the same quarter last year.

Institutional Investors Weigh In On Franco-Nevada

A number of hedge funds and other institutional investors have recently bought and sold shares of FNV. Laurel Wealth Advisors LLC purchased a new stake in Franco-Nevada in the fourth quarter worth about $47,000. Physician Wealth Advisors Inc. bought a new position in shares of Franco-Nevada in the fourth quarter worth approximately $49,000. Point72 DIFC Ltd bought a new position in shares of Franco-Nevada in the third quarter worth approximately $52,000. Harbour Investments Inc. lifted its stake in shares of Franco-Nevada by 25.8% in the fourth quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company’s stock worth $53,000 after buying an additional 93 shares in the last quarter. Finally, Erste Asset Management GmbH bought a new position in shares of Franco-Nevada in the third quarter worth approximately $55,000. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Franco-Nevada Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $1.52 annualized dividend and a dividend yield of 0.98%. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.36. Franco-Nevada’s payout ratio is currently 53.15%.

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.