Stifel Canada Increases Earnings Estimates for Franco-Nevada

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Equities research analysts at Stifel Canada raised their FY2025 earnings estimates for shares of Franco-Nevada in a report issued on Monday, October 21st. Stifel Canada analyst I. Rico now anticipates that the basic materials company will post earnings per share of $4.36 for the year, up from their prior estimate of $3.65. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.26 per share. Stifel Canada also issued estimates for Franco-Nevada’s FY2026 earnings at $4.15 EPS.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last released its quarterly earnings results on Tuesday, August 13th. The basic materials company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.03). The firm had revenue of $260.10 million for the quarter, compared to analysts’ expectations of $277.44 million. Franco-Nevada had a positive return on equity of 10.56% and a negative net margin of 51.64%. The company’s quarterly revenue was down 21.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.95 earnings per share.

FNV has been the subject of several other research reports. TD Securities upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. TD Cowen raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a report on Thursday, August 15th. HC Wainwright reiterated a “buy” rating and set a $185.00 price target on shares of Franco-Nevada in a report on Friday, August 16th. StockNews.com upgraded shares of Franco-Nevada from a “sell” rating to a “hold” rating in a report on Thursday, August 22nd. Finally, Jefferies Financial Group lowered their target price on shares of Franco-Nevada from $137.00 to $136.00 and set a “hold” rating for the company in a research note on Thursday, October 17th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $152.75.

Franco-Nevada Price Performance

Shares of Franco-Nevada stock opened at $136.25 on Thursday. The stock has a market capitalization of $26.22 billion, a price-to-earnings ratio of -54.72, a price-to-earnings-growth ratio of 20.13 and a beta of 0.76. The business has a 50-day moving average of $124.31 and a 200 day moving average of $123.09. Franco-Nevada has a 12 month low of $102.29 and a 12 month high of $139.93.

Franco-Nevada Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th were paid a $0.36 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $1.44 annualized dividend and a yield of 1.06%. Franco-Nevada’s dividend payout ratio is presently -57.83%.

Hedge Funds Weigh In On Franco-Nevada

Hedge funds have recently made changes to their positions in the company. Mediolanum International Funds Ltd purchased a new position in Franco-Nevada during the 1st quarter worth approximately $8,340,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Franco-Nevada by 116.2% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 8,628 shares of the basic materials company’s stock worth $1,028,000 after acquiring an additional 4,637 shares during the last quarter. Inspire Advisors LLC acquired a new position in shares of Franco-Nevada in the 1st quarter valued at $495,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in Franco-Nevada by 3,404.9% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 727,681 shares of the basic materials company’s stock valued at $86,287,000 after purchasing an additional 706,919 shares during the last quarter. Finally, Avantax Advisory Services Inc. purchased a new stake in Franco-Nevada in the 1st quarter valued at $1,132,000. Hedge funds and other institutional investors own 77.06% of the company’s stock.

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.