Franco-Nevada (FNV) Getting Somewhat Positive News Coverage, Analysis Shows

News headlines about Franco-Nevada (NYSE:FNV) (TSE:FNV) have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Franco-Nevada earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 47.436615599742 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have impacted Accern’s rankings:

Shares of FNV traded down $0.38 during mid-day trading on Friday, hitting $71.21. 566,791 shares of the company’s stock were exchanged, compared to its average volume of 660,634. The stock has a market capitalization of $13,240.07, a P/E ratio of 65.94, a P/E/G ratio of 14.98 and a beta of 0.04. Franco-Nevada has a 52 week low of $64.90 and a 52 week high of $86.06.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last issued its quarterly earnings results on Wednesday, March 7th. The basic materials company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). The business had revenue of $167.00 million for the quarter, compared to the consensus estimate of $171.99 million. Franco-Nevada had a return on equity of 4.38% and a net margin of 28.84%. Franco-Nevada’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 earnings per share. equities research analysts forecast that Franco-Nevada will post 1.17 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, March 14th. This represents a $0.92 annualized dividend and a dividend yield of 1.29%. Franco-Nevada’s dividend payout ratio is currently 85.19%.

Several brokerages have commented on FNV. Clarkson Capital restated a “neutral” rating on shares of Franco-Nevada in a report on Monday, April 2nd. Zacks Investment Research downgraded shares of Franco-Nevada from a “buy” rating to a “hold” rating in a report on Thursday, January 18th. Credit Suisse Group set a $80.00 target price on shares of Franco-Nevada and gave the stock a “hold” rating in a report on Friday, March 9th. Raymond James dropped their target price on shares of Franco-Nevada from $93.00 to $90.00 and set an “outperform” rating on the stock in a report on Tuesday, January 23rd. Finally, Scotiabank set a $86.00 target price on shares of Franco-Nevada and gave the stock a “hold” rating in a report on Monday, January 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Franco-Nevada has a consensus rating of “Hold” and an average target price of $88.00.

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Franco-Nevada Company Profile

Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Peru, Chile, Australia, and Africa. The company also holds interests in silver, platinum group metals, oil and gas, and other resource assets. As of December 31, 2017, it had a portfolio of 341 assets.

Insider Buying and Selling by Quarter for Franco-Nevada (NYSE:FNV)

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