Franco-Nevada (NYSE:FNV) Issues Quarterly Earnings Results

Franco-Nevada (NYSE:FNV) (TSE:FNV) posted 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 $0.90 by $0.05, Zacks reports. Franco-Nevada had a negative net margin of 55.28% and a positive return on equity of 10.55%. The business had revenue of $321.00 million during the quarter, compared to analyst estimates of $304.33 million. During the same period in the prior year, the business posted $0.90 earnings per share. The company’s revenue was up 5.8% on a year-over-year basis. Franco-Nevada updated its FY 2025 guidance to EPS.

Franco-Nevada Price Performance

Shares of FNV opened at $142.62 on Tuesday. Franco-Nevada has a one year low of $111.98 and a one year high of $150.23. The company has a 50-day simple moving average of $133.80 and a two-hundred day simple moving average of $127.30. The firm has a market capitalization of $27.46 billion, a PE ratio of -45.13, a price-to-earnings-growth ratio of 9.78 and a beta of 0.73.

Franco-Nevada Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This is a positive change from Franco-Nevada’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 1.07%. Franco-Nevada’s dividend payout ratio (DPR) is -48.10%.

Wall Street Analyst Weigh In

FNV has been the subject of several analyst reports. Royal Bank of Canada upped their price target on shares of Franco-Nevada from $145.00 to $155.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 11th. Canaccord Genuity Group upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. HC Wainwright restated a “buy” rating and set a $155.00 price target on shares of Franco-Nevada in a research report on Tuesday, January 28th. UBS Group initiated coverage on shares of Franco-Nevada in a research report on Monday, November 18th. They set a “buy” rating and a $160.00 price target for the company. Finally, Canaccord Genuity Group upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.71.

Franco-Nevada Company Profile

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.