Franco-Nevada FY2026 EPS Forecast Increased by Scotiabank

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Scotiabank increased their FY2026 EPS estimates for shares of Franco-Nevada in a note issued to investors on Thursday, May 14th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will earn $8.43 per share for the year, up from their prior estimate of $8.13. Scotiabank currently has a “Sector Perform” rating and a $290.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $7.81 per share.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last issued its earnings results on Tuesday, May 12th. The basic materials company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.29. The business had revenue of $650.70 million during the quarter, compared to the consensus estimate of $634.43 million. Franco-Nevada had a net margin of 65.12% and a return on equity of 18.10%. Franco-Nevada’s revenue was up 76.6% on a year-over-year basis. During the same period last year, the business posted $1.07 EPS.

Several other research analysts also recently commented on FNV. National Bank Financial upgraded Franco-Nevada from a “sector perform” rating to an “outperform” rating in a research note on Wednesday. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Franco-Nevada in a report on Wednesday, February 4th. Weiss Ratings raised shares of Franco-Nevada from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, March 20th. Canaccord Genuity Group upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a report on Wednesday, April 29th. Finally, UBS Group reissued a “buy” rating and issued a $310.00 price objective on shares of Franco-Nevada in a research report on Friday, January 30th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Franco-Nevada has an average rating of “Moderate Buy” and an average price target of $257.75.

Franco-Nevada Stock Down 1.2%

NYSE:FNV opened at $237.93 on Friday. Franco-Nevada has a 12-month low of $152.89 and a 12-month high of $285.67. The firm has a market capitalization of $45.89 billion, a price-to-earnings ratio of 33.51, a P/E/G ratio of 2.35 and a beta of 0.34. The stock’s 50 day moving average price is $246.66 and its two-hundred day moving average price is $231.45.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of Franco-Nevada by 112.3% during the fourth quarter. GAMMA Investing LLC now owns 121 shares of the basic materials company’s stock worth $25,000 after buying an additional 64 shares in the last quarter. Transamerica Financial Advisors LLC acquired a new position in shares of Franco-Nevada in the fourth quarter valued at about $25,000. Burkett Financial Services LLC bought a new position in Franco-Nevada during the third quarter worth about $28,000. Private Trust Co. NA acquired a new stake in Franco-Nevada in the 4th quarter worth about $29,000. Finally, Ascentis Independent Advisors acquired a new stake in Franco-Nevada in the 1st quarter worth about $39,000. 77.06% of the stock is owned by institutional investors and hedge funds.

Franco-Nevada Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 11th. Franco-Nevada’s dividend payout ratio (DPR) is presently 30.56%.

About Franco-Nevada

Franco-Nevada Corporation is a Toronto-based royalty and streaming company that specializes in securing and managing long-term interests in mining properties. The firm focuses primarily on precious metals, particularly gold, while also holding interests related to silver, copper, platinum-group metals and select base metals. Rather than operating mines directly, Franco-Nevada acquires royalty and streaming agreements that entitle it to a percentage of production or revenue from producing and developing assets in exchange for upfront or staged financing.

The company’s business model centers on providing capital to mining companies in return for a sustained share of production or metal revenue, which can reduce exposure to operating and capital cost risks typical of mine operators.