FY2025 EPS Estimates for Franco-Nevada Reduced by Scotiabank

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Equities research analysts at Scotiabank cut their FY2025 EPS estimates for shares of Franco-Nevada in a note issued to investors on Friday, January 30th. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $7.37 per share for the year, down from their previous estimate of $7.82. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share.

Franco-Nevada (TSE:FNV) (NYSE:FNV) last announced its quarterly earnings results on Monday, November 3rd. The company reported C$1.43 earnings per share (EPS) for the quarter. Franco-Nevada had a negative net margin of 57.55% and a negative return on equity of 10.83%. The company had revenue of C$679.08 million for the quarter.

A number of other research firms have also recently commented on FNV. Canaccord Genuity Group cut Franco-Nevada from a “buy” rating to a “hold” rating and raised their target price for the company from C$350.00 to C$380.00 in a research note on Monday, January 26th. TD Securities lowered their price objective on Franco-Nevada from C$247.00 to C$225.00 and set a “hold” rating for the company in a research report on Wednesday, November 5th. Royal Bank Of Canada upgraded shares of Franco-Nevada from a “hold” rating to a “moderate buy” rating and set a C$250.00 target price on the stock in a report on Wednesday, December 10th. UBS Group upped their target price on shares of Franco-Nevada from C$260.00 to C$270.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Finally, CIBC lifted their price target on shares of Franco-Nevada from C$315.00 to C$460.00 in a research report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Franco-Nevada currently has a consensus rating of “Moderate Buy” and a consensus price target of C$290.67.

Franco-Nevada Stock Performance

Franco-Nevada stock opened at C$325.89 on Monday. Franco-Nevada has a fifty-two week low of C$195.93 and a fifty-two week high of C$368.63. The stock’s 50 day simple moving average is C$308.11 and its two-hundred day simple moving average is C$280.79. The stock has a market cap of C$62.82 billion, a price-to-earnings ratio of 68.32, a PEG ratio of 5.00 and a beta of 0.78.

Insiders Place Their Bets

In other Franco-Nevada news, insider Bonavie Tek sold 115 shares of Franco-Nevada stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of C$290.52, for a total value of C$33,409.80. Corporate insiders own 0.69% of the company’s stock.

Franco-Nevada Company Profile

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.