Analysts Issue Forecasts for Franco-Nevada FY2026 Earnings

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Equities researchers at Scotiabank dropped their FY2026 EPS estimates for Franco-Nevada in a note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings per share of $8.40 for the year, down from their previous estimate of $8.43. Scotiabank has a “Sector Perform” rating and a $274.00 price target on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $8.23 per share. Scotiabank also issued estimates for Franco-Nevada’s FY2027 earnings at $9.09 EPS.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last posted its earnings results on Tuesday, May 12th. The basic materials company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.09 by $0.29. Franco-Nevada had a net margin of 65.12% and a return on equity of 18.10%. The company had revenue of $650.70 million during the quarter, compared to the consensus estimate of $634.43 million. During the same period in the previous year, the firm posted $1.07 earnings per share. The company’s revenue for the quarter was up 76.6% compared to the same quarter last year.

A number of other equities research analysts have also recently issued reports on FNV. TD Cowen upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating and decreased their price objective for the stock from $292.00 to $291.00 in a report on Wednesday, May 20th. TD Securities upgraded Franco-Nevada from a “hold” rating to a “buy” rating and set a $291.00 target price on the stock in a report on Wednesday, May 20th. TD raised Franco-Nevada from a “hold” rating to a “buy” rating and reduced their price target for the stock from $292.00 to $291.00 in a research report on Wednesday, May 20th. Royal Bank Of Canada decreased their price target on Franco-Nevada from $295.00 to $285.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Finally, UBS Group lowered their price objective on Franco-Nevada from $310.00 to $280.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Eleven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $273.40.

Franco-Nevada Trading Up 3.6%

Franco-Nevada stock opened at $207.40 on Monday. Franco-Nevada has a 1-year low of $156.79 and a 1-year high of $285.67. The firm’s fifty day simple moving average is $217.30 and its 200-day simple moving average is $236.55. The company has a market capitalization of $40.00 billion, a P/E ratio of 29.21, a P/E/G ratio of 1.69 and a beta of 0.36.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Franco-Nevada by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 8,330,234 shares of the basic materials company’s stock valued at $1,726,741,000 after acquiring an additional 113,916 shares during the period. Van ECK Associates Corp increased its stake in shares of Franco-Nevada by 12.8% in the fourth quarter. Van ECK Associates Corp now owns 7,441,133 shares of the basic materials company’s stock worth $1,542,402,000 after purchasing an additional 842,132 shares during the period. First Eagle Investment Management LLC increased its stake in shares of Franco-Nevada by 26.5% in the fourth quarter. First Eagle Investment Management LLC now owns 5,123,444 shares of the basic materials company’s stock worth $1,062,037,000 after purchasing an additional 1,074,257 shares during the period. EdgePoint Investment Group Inc. increased its stake in shares of Franco-Nevada by 3.3% in the first quarter. EdgePoint Investment Group Inc. now owns 3,461,224 shares of the basic materials company’s stock worth $857,196,000 after purchasing an additional 110,222 shares during the period. Finally, Royal Bank of Canada lifted its position in shares of Franco-Nevada by 10.2% during the 4th quarter. Royal Bank of Canada now owns 2,808,645 shares of the basic materials company’s stock worth $582,177,000 after purchasing an additional 260,793 shares during the last quarter. Institutional investors own 77.06% of the company’s stock.

Franco-Nevada Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were paid a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 0.8%. Franco-Nevada’s dividend payout ratio (DPR) is presently 24.79%.

About Franco-Nevada

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.