Franco-Nevada (NYSE:FNV) Posts Earnings Results, Beats Expectations By $0.06 EPS

Franco-Nevada (NYSE:FNV) (TSE:FNV) announced its quarterly earnings results on Monday. The basic materials company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06, Zacks reports. The company had revenue of $321.00 million for the quarter, compared to analyst estimates of $304.33 million. Franco-Nevada had a negative net margin of 55.28% and a positive return on equity of 10.55%. The firm’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.90 EPS. Franco-Nevada updated its FY 2025 guidance to EPS.

Franco-Nevada Stock Up 0.5 %

Shares of NYSE FNV opened at $143.36 on Monday. The company has a market capitalization of $27.60 billion, a PE ratio of -45.37, a P/E/G ratio of 9.78 and a beta of 0.73. Franco-Nevada has a twelve month low of $111.98 and a twelve month high of $146.99. The firm has a fifty day simple moving average of $133.80 and a 200 day simple moving average of $127.30.

Franco-Nevada Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.38 per share. This is a positive change from Franco-Nevada’s previous quarterly dividend of $0.36. The ex-dividend date is Thursday, March 13th. This represents a $1.52 annualized dividend and a yield of 1.06%. Franco-Nevada’s dividend payout ratio (DPR) is presently -48.10%.

Analyst Ratings Changes

FNV has been the subject of a number of research reports. UBS Group began coverage on Franco-Nevada in a research note on Monday, November 18th. They issued a “buy” rating and a $160.00 price target for the company. HC Wainwright reiterated a “buy” rating and issued a $155.00 target price on shares of Franco-Nevada in a research report on Tuesday, January 28th. Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Finally, Royal Bank of Canada lifted their target price on shares of Franco-Nevada from $145.00 to $155.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 11th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $146.71.

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.