Franco-Nevada Q1 EPS Forecast Increased by Raymond James

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Investment analysts at Raymond James increased their Q1 2025 earnings per share estimates for Franco-Nevada in a report issued on Thursday, December 19th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will earn $0.95 per share for the quarter, up from their previous estimate of $0.85. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.22 per share.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last announced its earnings results on Wednesday, November 6th. The basic materials company reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.03). Franco-Nevada had a positive return on equity of 10.55% and a negative net margin of 55.28%. The company had revenue of $275.70 million during the quarter, compared to the consensus estimate of $279.11 million. During the same period in the prior year, the firm posted $0.91 earnings per share. The company’s revenue was down 10.9% on a year-over-year basis.

A number of other equities research analysts also recently weighed in on the company. Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Bank of America cut Franco-Nevada from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $142.00 to $139.00 in a report on Tuesday, October 1st. Scotiabank reduced their target price on shares of Franco-Nevada from $142.00 to $141.00 and set a “sector perform” rating on the stock in a research note on Friday, November 8th. HC Wainwright dropped their price target on shares of Franco-Nevada from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Friday. Finally, Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Franco-Nevada has a consensus rating of “Moderate Buy” and a consensus price target of $145.33.

Franco-Nevada Price Performance

FNV stock opened at $116.21 on Monday. The stock has a market capitalization of $22.37 billion, a PE ratio of -36.78 and a beta of 0.72. The company has a 50 day moving average price of $124.60 and a 200 day moving average price of $123.30. Franco-Nevada has a fifty-two week low of $103.64 and a fifty-two week high of $137.60.

Franco-Nevada Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.24%. The ex-dividend date was Thursday, December 5th. Franco-Nevada’s payout ratio is presently -45.57%.

Institutional Investors Weigh In On Franco-Nevada

Hedge funds have recently bought and sold shares of the company. Mechanics Financial Corp increased its position in shares of Franco-Nevada by 150.0% in the 2nd quarter. Mechanics Financial Corp now owns 250 shares of the basic materials company’s stock valued at $30,000 after buying an additional 150 shares in the last quarter. Kings Path Partners LLC bought a new stake in shares of Franco-Nevada in the second quarter worth about $36,000. Sunbelt Securities Inc. raised its position in shares of Franco-Nevada by 3,333.3% during the second quarter. Sunbelt Securities Inc. now owns 412 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 400 shares during the period. Point72 DIFC Ltd bought a new position in shares of Franco-Nevada during the 3rd quarter valued at about $52,000. Finally, Erste Asset Management GmbH acquired a new position in shares of Franco-Nevada in the 3rd quarter valued at approximately $55,000. 77.06% of the stock is currently owned by institutional investors and hedge funds.

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.