FY2025 EPS Estimates for Franco-Nevada Raised by Scotiabank

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Research analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a research note issued to investors 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 prior forecast of $3.95. Scotiabank has a “Sector Perform” rating and a $150.00 price target 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.

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

Franco-Nevada Stock Performance

Shares of FNV opened at $155.85 on Friday. The firm has a market capitalization of $30.01 billion, a price-to-earnings ratio of -49.32, a PEG ratio of 9.78 and a beta of 0.73. The business’s fifty day moving average price is $139.63 and its two-hundred day moving average price is $129.29. Franco-Nevada has a 52 week low of $112.70 and a 52 week high of $156.82.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC bought a new position in Franco-Nevada during the fourth quarter worth about $47,000. Physician Wealth Advisors Inc. bought a new position in Franco-Nevada during the fourth quarter worth about $49,000. Point72 DIFC Ltd bought a new position in Franco-Nevada during the third quarter worth about $52,000. Harbour Investments Inc. lifted its holdings in Franco-Nevada by 25.8% during the fourth quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company’s stock worth $53,000 after acquiring an additional 93 shares in the last quarter. Finally, Erste Asset Management GmbH bought a new position in Franco-Nevada during the third quarter worth about $55,000. 77.06% of the stock is currently owned by institutional investors.

Franco-Nevada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.38 per share. The ex-dividend date is Thursday, March 13th. This is a positive change from Franco-Nevada’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 0.98%. Franco-Nevada’s payout ratio is currently 53.15%.

Franco-Nevada Company Profile

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.