FY2026 EPS Estimates for Franco-Nevada Reduced by Analyst

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Equities research analysts at HC Wainwright decreased their FY2026 earnings per share estimates for shares of Franco-Nevada in a note issued to investors on Wednesday, May 13th. HC Wainwright analyst H. Ihle now expects that the basic materials company will post earnings of $4.34 per share for the year, down from their previous estimate of $4.72. HC Wainwright currently has a “Buy” rating and a $305.00 target price on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $7.89 per share.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last issued its quarterly earnings data on Tuesday, May 12th. The basic materials company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.29. Franco-Nevada had a return on equity of 18.76% and a net margin of 65.12%.The company had revenue of $650.70 million for the quarter, compared to the consensus estimate of $634.43 million. During the same quarter last year, the company earned $1.07 earnings per share. The firm’s revenue for the quarter was up 76.6% compared to the same quarter last year.

A number of other analysts have also recently weighed in on FNV. UBS Group restated a “buy” rating and issued a $310.00 price target on shares of Franco-Nevada in a report on Friday, January 30th. Scotiabank increased their target price on shares of Franco-Nevada from $283.00 to $286.00 and gave the company a “sector perform” rating in a research report on Monday, March 16th. Canaccord Genuity Group upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded shares of Franco-Nevada from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, March 20th. Finally, Zacks Research lowered shares of Franco-Nevada from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $257.25.

Franco-Nevada Stock Performance

Shares of Franco-Nevada stock opened at $240.54 on Thursday. The company has a market capitalization of $46.39 billion, a PE ratio of 33.88, a P/E/G ratio of 2.29 and a beta of 0.34. The company has a 50-day simple moving average of $247.15 and a two-hundred day simple moving average of $231.11. Franco-Nevada has a one year low of $152.89 and a one year high of $285.67.

Franco-Nevada Announces Dividend

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

Hedge Funds Weigh In On Franco-Nevada

Several hedge funds and other institutional investors have recently modified their holdings of FNV. TD Waterhouse Canada Inc. increased its holdings in Franco-Nevada by 8.1% in the third quarter. TD Waterhouse Canada Inc. now owns 275,747 shares of the basic materials company’s stock valued at $59,623,000 after buying an additional 20,664 shares in the last quarter. Gruss & Co. LLC acquired a new position in shares of Franco-Nevada in the third quarter worth about $557,000. TD Asset Management Inc boosted its stake in shares of Franco-Nevada by 0.9% during the 3rd quarter. TD Asset Management Inc now owns 2,030,684 shares of the basic materials company’s stock worth $452,095,000 after acquiring an additional 18,897 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Franco-Nevada by 6.0% during the 3rd quarter. Legal & General Group Plc now owns 986,672 shares of the basic materials company’s stock worth $219,665,000 after acquiring an additional 55,954 shares in the last quarter. Finally, Addenda Capital Inc. grew its position in shares of Franco-Nevada by 88.1% during the 4th quarter. Addenda Capital Inc. now owns 203,643 shares of the basic materials company’s stock valued at $42,211,000 after acquiring an additional 95,405 shares during the period. 77.06% of the stock is owned by hedge funds and other institutional investors.

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.