Franco-Nevada FY2025 EPS Forecast Boosted by Stifel Canada

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Research analysts at Stifel Canada lifted their FY2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a research report issued to clients and investors on Monday, October 20th. Stifel Canada analyst I. Rico now anticipates that the basic materials company will post earnings per share of $5.12 for the year, up from their prior estimate of $4.65. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share. Stifel Canada also issued estimates for Franco-Nevada’s FY2026 earnings at $6.15 EPS and FY2027 earnings at $6.39 EPS.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last released its earnings results on Monday, August 11th. The basic materials company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.14. Franco-Nevada had a return on equity of 12.56% and a net margin of 58.82%.The company had revenue of $369.40 million for the quarter, compared to analysts’ expectations of $382.70 million. During the same quarter in the previous year, the business posted $0.75 EPS. The business’s revenue for the quarter was up 42.0% on a year-over-year basis.

Several other equities analysts have also recently weighed in on the company. Raymond James Financial lifted their target price on Franco-Nevada from $218.00 to $234.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. Bank of America lifted their target price on Franco-Nevada from $211.00 to $220.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Weiss Ratings cut Franco-Nevada from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Wall Street Zen cut Franco-Nevada from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Zacks Research raised Franco-Nevada from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $210.29.

Franco-Nevada Price Performance

NYSE:FNV opened at $189.84 on Thursday. Franco-Nevada has a fifty-two week low of $112.70 and a fifty-two week high of $225.63. The stock’s 50-day moving average is $200.32 and its two-hundred day moving average is $177.19. The stock has a market cap of $36.58 billion, a PE ratio of 46.64, a price-to-earnings-growth ratio of 1.81 and a beta of 0.42.

Franco-Nevada Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 11th were paid a $0.38 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $1.52 annualized dividend and a dividend yield of 0.8%. Franco-Nevada’s payout ratio is presently 37.35%.

Institutional Investors Weigh In On Franco-Nevada

Several large investors have recently made changes to their positions in FNV. Norges Bank bought a new stake in shares of Franco-Nevada in the 2nd quarter valued at approximately $460,218,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Franco-Nevada by 198.1% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,705,489 shares of the basic materials company’s stock valued at $268,280,000 after buying an additional 1,133,373 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Franco-Nevada by 35.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,220,029 shares of the basic materials company’s stock valued at $528,289,000 after buying an additional 838,853 shares in the last quarter. Picton Mahoney Asset Management bought a new stake in shares of Franco-Nevada in the 2nd quarter valued at approximately $80,621,000. Finally, Scharf Investments LLC bought a new stake in shares of Franco-Nevada in the 2nd quarter valued at approximately $78,509,000. Institutional investors own 77.06% of the company’s stock.

About Franco-Nevada

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.