FY2027 EPS Estimates for Franco-Nevada Raised by Scotiabank

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Scotiabank raised their FY2027 earnings estimates for shares of Franco-Nevada in a report issued on Thursday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $12.50 per share for the year, up from their prior estimate of $12.44. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share.

Franco-Nevada (TSE:FNV) (NYSE:FNV) last released its quarterly earnings data on Tuesday, March 10th. The company reported C$3.86 earnings per share (EPS) for the quarter. The business had revenue of C$795.48 million during the quarter. Franco-Nevada had a net margin of 61.07% and a return on equity of 16.25%.

Several other research analysts have also recently issued reports on the company. National Bank Financial upped their price objective on Franco-Nevada from C$380.00 to C$400.00 in a research report on Thursday, March 12th. Bank of America raised their target price on Franco-Nevada from C$367.00 to C$384.00 in a research report on Thursday, February 26th. Canaccord Genuity Group cut Franco-Nevada from a “buy” rating to a “hold” rating and boosted their target price for the stock from C$350.00 to C$380.00 in a research note on Monday, January 26th. Royal Bank Of Canada raised Franco-Nevada from a “hold” rating to a “moderate buy” rating and set a C$250.00 price target for the company in a report on Wednesday, December 10th. Finally, Stifel Nicolaus increased their price target on shares of Franco-Nevada from C$340.00 to C$380.00 in a research note on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$336.67.

Franco-Nevada Stock Up 1.9%

Franco-Nevada stock opened at C$311.11 on Monday. The stock has a market cap of C$59.98 billion, a PE ratio of 54.01, a P/E/G ratio of 5.00 and a beta of 0.81. The company has a debt-to-equity ratio of 0.11, a current ratio of 8.30 and a quick ratio of 23.26. The stock’s fifty day moving average is C$345.90 and its two-hundred day moving average is C$306.56. Franco-Nevada has a 1-year low of C$199.61 and a 1-year high of C$388.22.

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. Franco-Nevada’s short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital.