Franco-Nevada FY2025 EPS Forecast Boosted by HC Wainwright

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Stock analysts at HC Wainwright boosted their FY2025 earnings per share estimates for shares of Franco-Nevada in a research note issued to investors on Tuesday, November 4th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of $6.80 for the year, up from their prior forecast of $5.96. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share.

A number of other equities research analysts have also issued reports on FNV. Bank of America increased their target price on Franco-Nevada from C$255.00 to C$290.00 in a research note on Friday, August 29th. CIBC raised their price objective on Franco-Nevada from C$315.00 to C$460.00 in a research note on Friday, October 10th. Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating and raised their price objective for the company from C$322.00 to C$350.00 in a research note on Wednesday, October 22nd. Finally, TD Securities lowered their price objective on Franco-Nevada from C$247.00 to C$225.00 and set a “hold” rating for the company in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$282.00.

Franco-Nevada Stock Performance

FNV stock opened at C$265.42 on Thursday. Franco-Nevada has a 1 year low of C$157.70 and a 1 year high of C$314.53. The firm has a market cap of C$51.15 billion, a P/E ratio of 65.21, a price-to-earnings-growth ratio of 5.00 and a beta of 0.83. The stock has a 50-day simple moving average of C$280.57 and a 200-day simple moving average of C$247.95.

Insider Activity

In other Franco-Nevada news, insider Christian Thatcher sold 6,000 shares of Franco-Nevada stock in a transaction on Monday, September 8th. The stock was sold at an average price of C$273.00, for a total transaction of C$1,638,000.00. Also, Director Boris De Vries sold 2,000 shares of Franco-Nevada stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of C$262.30, for a total value of C$524,598.00. Following the sale, the director directly owned 4,770 shares in the company, valued at C$1,251,166.23. The trade was a 29.54% decrease in their position. Insiders have sold 15,560 shares of company stock worth $4,228,233 over the last ninety days. 0.69% of the stock is currently owned by company insiders.

About Franco-Nevada

Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration.