HC Wainwright Estimates Franco-Nevada FY2025 Earnings

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Equities researchers at HC Wainwright issued their FY2025 earnings per share (EPS) estimates for shares of Franco-Nevada in a report released on Tuesday, August 12th. HC Wainwright analyst H. Ihle expects that the basic materials company will earn $4.30 per share for the year. HC Wainwright has a “Buy” rating and a $200.00 price target on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.09 per share.

Other analysts have also recently issued reports about the company. Raymond James Financial increased their target price on Franco-Nevada from $186.00 to $188.00 and gave the stock an “outperform” rating in a research note on Tuesday. Wall Street Zen cut shares of Franco-Nevada from a “buy” rating to a “hold” rating in a research note on Saturday. Scotiabank raised their price target on shares of Franco-Nevada from $182.00 to $184.00 and gave the stock a “sector perform” rating in a research note on Tuesday. National Bankshares reaffirmed a “sector perform” rating on shares of Franco-Nevada in a research note on Tuesday, June 24th. Finally, Royal Bank Of Canada raised their price target on shares of Franco-Nevada from $160.00 to $190.00 and gave the stock a “sector perform” rating in a research note on Wednesday, June 4th. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $178.88.

Franco-Nevada Stock Performance

NYSE FNV opened at $177.02 on Thursday. The business has a 50 day simple moving average of $165.02 and a 200 day simple moving average of $158.83. Franco-Nevada has a 52-week low of $112.70 and a 52-week high of $180.98. The stock has a market cap of $34.11 billion, a price-to-earnings ratio of 43.49, a PEG ratio of 2.36 and a beta of 0.36.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last posted its earnings results on Monday, August 11th. The basic materials company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.14. Franco-Nevada had a return on equity of 12.56% and a net margin of 58.82%. The business had revenue of $369.40 million during the quarter, compared to analysts’ expectations of $382.70 million. During the same period in the prior year, the business earned $0.75 EPS. Franco-Nevada’s revenue for the quarter was up 42.0% compared to the same quarter last year.

Hedge Funds Weigh In On Franco-Nevada

Several hedge funds and other institutional investors have recently made changes to their positions in FNV. CX Institutional bought a new position in shares of Franco-Nevada in the first quarter valued at $30,000. Cullen Frost Bankers Inc. acquired a new stake in Franco-Nevada during the 1st quarter valued at $32,000. MTM Investment Management LLC acquired a new stake in Franco-Nevada during the 2nd quarter valued at $32,000. Smartleaf Asset Management LLC lifted its holdings in Franco-Nevada by 600.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 196 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 168 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in Franco-Nevada by 78.3% during the 2nd quarter. Golden State Wealth Management LLC now owns 205 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 90 shares during the last quarter. 77.06% of the stock is owned by institutional investors.

Franco-Nevada Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 11th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $1.52 annualized dividend and a dividend yield of 0.9%. Franco-Nevada’s dividend payout ratio (DPR) is currently 37.35%.

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.