Franco Nevada Corp (TSE:FNV) (NYSE:FNV) – Equities research analysts at Desjardins raised their Q1 2019 earnings per share (EPS) estimates for Franco Nevada in a report issued on Friday, April 12th. Desjardins analyst J. Wolfson now forecasts that the company will earn $0.37 per share for the quarter, up from their previous forecast of $0.34. Desjardins also issued estimates for Franco Nevada’s Q1 2020 earnings at $0.53 EPS, Q2 2020 earnings at $0.55 EPS, Q3 2020 earnings at $0.59 EPS, Q4 2020 earnings at $0.61 EPS and FY2020 earnings at $2.29 EPS.
FNV opened at C$99.51 on Monday. The company has a current ratio of 7.14, a quick ratio of 5.81 and a debt-to-equity ratio of 4.48. The company has a market capitalization of $18.91 billion and a P/E ratio of 133.21. Franco Nevada has a 12-month low of C$76.53 and a 12-month high of C$105.04.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were issued a $0.315 dividend. This represents a $1.26 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date was Wednesday, March 13th. Franco Nevada’s payout ratio is 127.18%.
About Franco Nevada
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Peru, Chile, Australia, and Africa. The company also holds interests in silver, platinum group metals, oil and gas, and other resource assets. As of December 31, 2017, it had a portfolio of 341 assets.
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