FY2026 EPS Estimates for Franco-Nevada Boosted by Scotiabank

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Stock analysts at Scotiabank increased their FY2026 EPS estimates for Franco-Nevada in a research note issued to investors on Monday, November 2nd. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will post earnings of $8.48 per share for the year, up from their prior estimate of $8.47. Scotiabank has a “Sector Perform” rating and a $274.00 price target on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $7.39 per share. Scotiabank also issued estimates for Franco-Nevada’s FY2027 earnings at $8.64 EPS.

A number of other research analysts have also commented on the stock. Weiss Ratings raised shares of Franco-Nevada from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Bank of America decreased their target price on Franco-Nevada from $276.00 to $238.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Zacks Research upgraded Franco-Nevada from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, Royal Bank Of Canada upped their price target on Franco-Nevada from $285.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, September 16th. Ten equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Franco-Nevada has a consensus rating of “Moderate Buy” and a consensus target price of $275.30.

Franco-Nevada Price Performance

NYSE FNV opened at $242.42 on Thursday. The firm has a market capitalization of $46.77 billion, a price-to-earnings ratio of 31.69, a P/E/G ratio of 2.63 and a beta of 0.34. The company’s fifty day moving average is $249.48 and its two-hundred day moving average is $240.02. Franco-Nevada has a 52-week low of $185.52 and a 52-week high of $285.67.

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

Franco-Nevada Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, September 10th. Franco-Nevada’s dividend payout ratio (DPR) is presently 23.01%.

Institutional Trading of Franco-Nevada

Several institutional investors have recently made changes to their positions in FNV. Engineers Gate Manager LP acquired a new position in Franco-Nevada in the second quarter worth about $2,907,000. BlackRock Inc. bought a new position in Franco-Nevada during the second quarter worth about $52,816,000. Nykredit A S bought a new position in Franco-Nevada during the second quarter worth about $626,000. Markel Group Inc. lifted its stake in Franco-Nevada by 9.2% during the second quarter. Markel Group Inc. now owns 773,500 shares of the basic materials company’s stock worth $161,228,000 after purchasing an additional 65,000 shares during the period. Finally, Bank of America Corp DE acquired a new stake in Franco-Nevada during the second quarter valued at approximately $126,580,000. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Franco-Nevada Company Profile

Franco-Nevada Corporation is a gold-focused royalty and streaming company. Rather than operating mines directly, it provides capital to mining and energy companies in exchange for the right to receive a portion of future production or revenue from their assets. Its portfolio includes royalties, streams and other interests tied primarily to gold, as well as silver, platinum group metals, base metals and energy assets.

The company’s business model provides exposure to commodity production while generally limiting its direct responsibility for mine development, operating costs and capital expenditures.