FY2026 EPS Estimates for Franco-Nevada Boosted by Analyst

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Stock analysts at Scotiabank upped their FY2026 earnings estimates for Franco-Nevada in a research note issued on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $8.47 for the year, up from their prior forecast of $8.40. Scotiabank currently has a “Sector Perform” rating and a $274.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $7.62 per share.

Several other brokerages also recently issued reports on FNV. Zacks Research upgraded Franco-Nevada from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Wednesday, April 29th. Bank of America lowered their target price on Franco-Nevada from $276.00 to $238.00 and set a “neutral” rating for the company in a research note on Thursday, July 9th. TD Cowen upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating and dropped their target price for the stock from $292.00 to $291.00 in a report on Wednesday, May 20th. Finally, HC Wainwright restated a “buy” rating and issued a $305.00 price target on shares of Franco-Nevada in a report on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Franco-Nevada has an average rating of “Moderate Buy” and an average price target of $273.40.

Franco-Nevada Trading Up 1.6%

FNV stock opened at $270.07 on Monday. The business’s 50-day moving average price is $220.53 and its two-hundred day moving average price is $235.28. The firm has a market cap of $52.09 billion, a PE ratio of 35.30, a P/E/G ratio of 2.42 and a beta of 0.35. Franco-Nevada has a 1-year low of $181.50 and a 1-year high of $285.67.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last released its quarterly earnings data on Tuesday, August 11th. The basic materials company reported $1.81 EPS for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.14). The firm had revenue of $580.90 million during the quarter, compared to the consensus estimate of $616.66 million. Franco-Nevada had a net margin of 63.79% and a return on equity of 18.58%. Franco-Nevada’s quarterly revenue was up 57.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.24 EPS.

Hedge Funds Weigh In On Franco-Nevada

Institutional investors have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC bought a new stake in Franco-Nevada in the fourth quarter valued at approximately $25,000. Smartleaf Asset Management LLC increased its stake in Franco-Nevada by 600.0% in the second quarter. Smartleaf Asset Management LLC now owns 196 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 168 shares in the last quarter. Navalign LLC acquired a new position in Franco-Nevada during the 4th quarter worth approximately $34,000. Global Retirement Partners LLC bought a new position in shares of Franco-Nevada in the 2nd quarter worth $35,000. Finally, Dunhill Financial LLC bought a new position in shares of Franco-Nevada in the second quarter valued at $36,000. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Franco-Nevada Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.44 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.76 annualized dividend and a yield of 0.7%. Franco-Nevada’s dividend payout ratio is presently 23.01%.

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.