Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) issued its earnings results on Wednesday. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.12, Zacks reports. Franco-Nevada had a return on equity of 19.12% and a net margin of 66.68%. The firm had revenue of $549.30 million for the quarter, compared to analysts’ expectations of $568.44 million. During the same quarter last year, the business earned $1.43 earnings per share. The company’s revenue was up 12.6% compared to the same quarter last year.
Franco-Nevada Stock Down 0.4%
NYSE FNV opened at $247.71 on Friday. Franco-Nevada has a 12-month low of $188.47 and a 12-month high of $285.67. The company has a market capitalization of $47.79 billion, a PE ratio of 30.17, a price-to-earnings-growth ratio of 2.89 and a beta of 0.34. The firm’s 50 day moving average is $248.24 and its 200-day moving average is $240.01.
Franco-Nevada Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be issued a $0.44 dividend. The ex-dividend date is Thursday, December 3rd. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.7%. Franco-Nevada’s dividend payout ratio (DPR) is 23.01%.
Wall Street Analysts Forecast Growth
FNV has been the subject of several recent analyst reports. Royal Bank Of Canada increased their price target on Franco-Nevada from $285.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, September 16th. Zacks Research upgraded Franco-Nevada from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. Weiss Ratings upgraded Franco-Nevada from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. Finally, HC Wainwright reiterated a “buy” rating and issued a $305.00 price objective on shares of Franco-Nevada in a research report on Thursday. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Franco-Nevada presently has a consensus rating of “Moderate Buy” and an average target price of $275.30.
Check Out Our Latest Analysis on Franco-Nevada
More Franco-Nevada News
Here’s some of the latest news about FNV:
- Positive Sentiment: HC Wainwright reaffirmed its Buy rating and $305 price target, about 23% above the cited share price of $247.71. Franco-Nevada’s Buy Rating Reaffirmed at HC Wainwright
- Positive Sentiment: The company declared a quarterly dividend of $0.44 per share, equivalent to $1.76 annually. The stated yield was 0.7%. Dividend announcement
- Neutral Sentiment: Franco-Nevada revised its fiscal 2026 sales guidance, but the provided report does not specify the direction or magnitude of the change. Franco-Nevada revises fiscal 2026 sales guidance
Franco-Nevada Company Profile
Franco-Nevada is a Toronto-based company that provides financing to mining and energy businesses in exchange for royalties, streams and other interests in production. Rather than operating mines itself, it gives partners capital and receives a share of revenue or future output from their projects. The company’s portfolio is focused on gold and other precious metals, and also includes interests in other minerals and energy assets, including oil and gas. Its projects and counterparties span multiple regions, including North and South America, Africa, Australia and Europe.
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