FY2026 EPS Estimates for Franco-Nevada Lifted by Analyst

Franco-Nevada Corporation (NYSE:FNVFree Report) (TSE:FNV) – Stock analysts at Scotiabank boosted their FY2026 earnings per share estimates for shares of Franco-Nevada in a research note issued to investors on Thursday, May 14th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings per share of $8.43 for the year, up from their prior forecast of $8.13. Scotiabank has a “Sector Perform” rating and a $290.00 price objective on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $7.81 per share.

A number of other brokerages also recently issued reports on FNV. HC Wainwright reiterated a “buy” rating and set a $305.00 price objective on shares of Franco-Nevada in a research note on Wednesday. Canaccord Genuity Group upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Wednesday, April 29th. Weiss Ratings raised shares of Franco-Nevada from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, March 20th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Franco-Nevada in a research note on Wednesday, February 4th. Finally, Wall Street Zen upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Sunday, April 26th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $257.75.

Get Our Latest Research Report on Franco-Nevada

Franco-Nevada Stock Performance

Shares of NYSE FNV opened at $237.93 on Friday. The stock has a market capitalization of $45.89 billion, a P/E ratio of 33.51, a PEG ratio of 2.35 and a beta of 0.34. The stock’s fifty day moving average is $246.66 and its 200 day moving average is $231.45. Franco-Nevada has a 52 week low of $152.89 and a 52 week high of $285.67.

Franco-Nevada (NYSE:FNVGet Free Report) (TSE:FNV) last released its earnings results on Tuesday, May 12th. The basic materials company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.29. The firm had revenue of $650.70 million during the quarter, compared to the consensus estimate of $634.43 million. Franco-Nevada had a return on equity of 18.10% and a net margin of 65.12%.The company’s revenue was up 76.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.07 EPS.

Franco-Nevada Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 0.7%. Franco-Nevada’s payout ratio is presently 30.56%.

Institutional Investors Weigh In On Franco-Nevada

Hedge funds have recently made changes to their positions in the stock. PFG Investments LLC grew its holdings in shares of Franco-Nevada by 0.6% during the 4th quarter. PFG Investments LLC now owns 7,159 shares of the basic materials company’s stock valued at $1,484,000 after purchasing an additional 46 shares during the last quarter. Composition Wealth LLC grew its stake in shares of Franco-Nevada by 0.8% during the fourth quarter. Composition Wealth LLC now owns 6,108 shares of the basic materials company’s stock worth $1,266,000 after buying an additional 49 shares during the last quarter. Clark Capital Management Group Inc. increased its holdings in shares of Franco-Nevada by 1.0% during the fourth quarter. Clark Capital Management Group Inc. now owns 5,054 shares of the basic materials company’s stock worth $1,048,000 after buying an additional 50 shares in the last quarter. Syon Capital LLC increased its holdings in shares of Franco-Nevada by 2.1% during the fourth quarter. Syon Capital LLC now owns 2,443 shares of the basic materials company’s stock worth $506,000 after buying an additional 51 shares in the last quarter. Finally, Guardian Partners Inc. lifted its stake in shares of Franco-Nevada by 3.2% in the 4th quarter. Guardian Partners Inc. now owns 1,692 shares of the basic materials company’s stock valued at $351,000 after acquiring an additional 52 shares during the last quarter. 77.06% of the stock is currently owned by institutional investors and hedge funds.

About Franco-Nevada

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Franco-Nevada (NYSE:FNV)

Receive News & Ratings for Franco-Nevada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franco-Nevada and related companies with MarketBeat.com's FREE daily email newsletter.