Stifel Canada Forecasts Increased Earnings for Franco-Nevada

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Equities researchers at Stifel Canada boosted their FY2025 earnings per share (EPS) estimates for Franco-Nevada in a research report issued on Monday, October 20th. Stifel Canada analyst I. Rico now expects that the company will post earnings of $7.17 per share for the year, up from their previous forecast of $6.37. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share. Stifel Canada also issued estimates for Franco-Nevada’s FY2026 earnings at $8.61 EPS and FY2027 earnings at $8.95 EPS.

FNV has been the subject of several other research reports. Bank of America lifted their price target on Franco-Nevada from C$255.00 to C$290.00 in a research note on Friday, August 29th. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$322.00 to C$350.00 in a research note on Wednesday. Finally, CIBC lifted their price target on Franco-Nevada from C$315.00 to C$460.00 in a research note on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$272.88.

Franco-Nevada Stock Down 1.8%

Shares of FNV stock opened at C$265.19 on Thursday. The business has a 50-day moving average price of C$277.92 and a two-hundred day moving average price of C$244.85. Franco-Nevada has a 12-month low of C$157.70 and a 12-month high of C$314.53. The firm has a market cap of C$51.10 billion, a P/E ratio of 65.16, a price-to-earnings-growth ratio of 5.00 and a beta of 0.76.

Insider Buying and Selling

In other news, insider Sandip Rana sold 6,000 shares of the business’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of C$274.47, for a total value of C$1,646,844.00. Following the completion of the sale, the insider owned 57,483 shares of the company’s stock, valued at approximately C$15,777,588.94. The trade was a 9.45% decrease in their position. Also, insider Adrian Wong sold 500 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of C$275.00, for a total value of C$137,500.00. Following the completion of the sale, the insider directly owned 9,613 shares of the company’s stock, valued at approximately C$2,643,575. This trade represents a 4.94% decrease in their position. Insiders have sold a total of 15,560 shares of company stock worth $4,228,233 in the last 90 days. 0.69% of the stock is currently owned by company insiders.

About Franco-Nevada

Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration.