
Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) – Investment analysts at HC Wainwright issued their FY2026 earnings estimates for Franco-Nevada in a research note issued on Thursday, August 13th. HC Wainwright analyst H. Ihle anticipates that the basic materials company will post earnings of $4.75 per share for the year. HC Wainwright has a “Buy” rating and a $305.00 price target on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $7.60 per share.
Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last posted its earnings results on Tuesday, August 11th. The basic materials company reported $1.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.95 by ($0.14). Franco-Nevada had a return on equity of 18.58% and a net margin of 63.79%.The firm had revenue of $580.90 million during the quarter, compared to analysts’ expectations of $616.66 million. During the same quarter in the prior year, the company earned $1.24 earnings per share. The business’s revenue for the quarter was up 57.3% compared to the same quarter last year.
Check Out Our Latest Stock Report on FNV
Franco-Nevada Price Performance
FNV opened at $238.49 on Monday. The company has a fifty day moving average price of $216.17 and a 200-day moving average price of $234.98. The firm has a market capitalization of $46.00 billion, a P/E ratio of 31.18, a price-to-earnings-growth ratio of 2.14 and a beta of 0.35. Franco-Nevada has a one year low of $173.39 and a one year high of $285.67.
Institutional Trading of Franco-Nevada
A number of hedge funds have recently made changes to their positions in the stock. Transamerica Financial Advisors LLC bought a new position in Franco-Nevada in the fourth quarter valued at $25,000. Private Trust Co. NA bought a new stake in Franco-Nevada during the fourth quarter worth about $29,000. Smartleaf Asset Management LLC boosted its holdings in shares of Franco-Nevada by 600.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 196 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 168 shares in the last quarter. Navalign LLC purchased a new position in shares of Franco-Nevada in the 4th quarter worth about $34,000. Finally, Global Retirement Partners LLC purchased a new position in shares of Franco-Nevada in the 2nd quarter worth about $35,000. 77.06% of the stock is owned by institutional investors.
Franco-Nevada Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.76 annualized dividend and a dividend yield of 0.7%. Franco-Nevada’s dividend payout ratio (DPR) is 23.01%.
Franco-Nevada Company Profile
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.
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