Q1 EPS Estimates for Franco-Nevada Reduced by Raymond James

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Raymond James lowered their Q1 2025 earnings per share estimates for Franco-Nevada in a research note issued on Monday, March 10th. Raymond James analyst B. Macarthur now expects that the basic materials company will earn $0.90 per share for the quarter, down from their previous estimate of $0.96. Raymond James has a “Outperform” rating and a $162.00 price target on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share. Raymond James also issued estimates for Franco-Nevada’s Q3 2025 earnings at $0.90 EPS, Q4 2025 earnings at $0.87 EPS and FY2025 earnings at $3.63 EPS.

FNV has been the topic of a number of other research reports. Royal Bank of Canada lifted their price objective on Franco-Nevada from $145.00 to $155.00 and gave the company a “sector perform” rating in a report on Tuesday, February 11th. Scotiabank lifted their price objective on Franco-Nevada from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. HC Wainwright lifted their target price on shares of Franco-Nevada from $155.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, UBS Group boosted their price objective on shares of Franco-Nevada from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $153.63.

Franco-Nevada Stock Up 1.1 %

NYSE FNV opened at $147.39 on Thursday. Franco-Nevada has a 52-week low of $112.70 and a 52-week high of $148.71. The business’s 50-day moving average price is $134.87 and its 200 day moving average price is $127.60. The firm has a market cap of $28.38 billion, a P/E ratio of -46.64, a P/E/G ratio of 9.78 and a beta of 0.73.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last posted its quarterly earnings results on Monday, March 10th. The basic materials company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The company had revenue of $321.00 million for the quarter, compared to analysts’ expectations of $304.33 million. Franco-Nevada had a positive return on equity of 10.55% and a negative net margin of 55.28%. Franco-Nevada’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the firm earned $0.90 earnings per share.

Institutional Investors Weigh In On Franco-Nevada

Several large investors have recently bought and sold shares of the company. Plato Investment Management Ltd acquired a new position in Franco-Nevada during the third quarter worth $1,850,000. Huntington National Bank increased its position in Franco-Nevada by 7.4% during the third quarter. Huntington National Bank now owns 1,486 shares of the basic materials company’s stock worth $185,000 after acquiring an additional 102 shares during the period. Aubrey Capital Management Ltd increased its position in Franco-Nevada by 26.6% during the third quarter. Aubrey Capital Management Ltd now owns 9,253 shares of the basic materials company’s stock worth $1,149,000 after acquiring an additional 1,942 shares during the period. Metis Global Partners LLC increased its position in Franco-Nevada by 22.7% during the third quarter. Metis Global Partners LLC now owns 15,153 shares of the basic materials company’s stock worth $1,882,000 after acquiring an additional 2,807 shares during the period. Finally, Natixis Advisors LLC increased its holdings in Franco-Nevada by 6.5% in the 3rd quarter. Natixis Advisors LLC now owns 20,404 shares of the basic materials company’s stock valued at $2,535,000 after buying an additional 1,237 shares during the period. Institutional investors own 77.06% of the company’s stock.

Franco-Nevada Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.03%. This is a positive change from Franco-Nevada’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Thursday, March 13th. Franco-Nevada’s dividend payout ratio is presently 53.15%.

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.