Raymond James Decreases Earnings Estimates for Franco-Nevada

Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) – Research analysts at Raymond James lowered their Q1 2025 EPS estimates for shares of Franco-Nevada in a report released on Monday, March 10th. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings of $0.90 per share for the quarter, down from their prior forecast of $0.96. Raymond James has a “Outperform” rating and a $162.00 price objective 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.

A number of other analysts have also weighed in on the company. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. UBS Group raised their price target on Franco-Nevada from $165.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday. Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a report on Monday, November 18th. HC Wainwright lifted their price objective on Franco-Nevada from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Scotiabank raised their target price on Franco-Nevada from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.63.

Franco-Nevada Trading Up 1.1 %

FNV stock opened at $147.39 on Thursday. Franco-Nevada has a 1-year low of $112.70 and a 1-year high of $148.71. The company’s 50 day moving average is $134.87 and its 200 day moving average is $127.60. The stock has a market cap of $28.38 billion, a price-to-earnings ratio of -46.64, a price-to-earnings-growth ratio of 9.78 and a beta of 0.73.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last released its quarterly earnings data on Monday, March 10th. The basic materials company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. 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 for the quarter, compared to the consensus estimate of $304.33 million. During the same period in the prior year, the firm earned $0.90 earnings per share. The company’s revenue was up 5.8% compared to the same quarter last year.

Franco-Nevada Increases Dividend

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

Hedge Funds Weigh In On Franco-Nevada

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Plato Investment Management Ltd purchased a new stake in shares of Franco-Nevada in the 3rd quarter valued at $1,850,000. Huntington National Bank boosted its position in shares of Franco-Nevada by 7.4% during the 3rd 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 in the last quarter. Aubrey Capital Management Ltd boosted its position in shares of Franco-Nevada by 26.6% in the 3rd quarter. Aubrey Capital Management Ltd now owns 9,253 shares of the basic materials company’s stock valued at $1,149,000 after purchasing an additional 1,942 shares during the period. Metis Global Partners LLC raised its stake in Franco-Nevada by 22.7% during the 3rd quarter. Metis Global Partners LLC now owns 15,153 shares of the basic materials company’s stock valued at $1,882,000 after acquiring an additional 2,807 shares during the last quarter. Finally, Natixis Advisors LLC raised its stake in Franco-Nevada by 6.5% during the 3rd quarter. Natixis Advisors LLC now owns 20,404 shares of the basic materials company’s stock valued at $2,535,000 after acquiring an additional 1,237 shares during the last quarter. Institutional investors and hedge funds own 77.06% of the company’s stock.

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.