Scotiabank Brokers Lift Earnings Estimates for Franco-Nevada

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Research analysts at Scotiabank upped their FY2026 earnings estimates for Franco-Nevada in a report released on Monday, November 2nd. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $11.87 per share for the year, up from their prior estimate of $11.70. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share. Scotiabank also issued estimates for Franco-Nevada’s FY2027 earnings at $12.10 EPS.

Separately, Stifel Nicolaus raised their target price on Franco-Nevada from C$390.00 to C$410.00 and gave the company a “buy” rating in a research report on Monday, October 19th. Three equities research analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy” and a consensus price target of C$375.50.

Franco-Nevada Stock Performance

Shares of Franco-Nevada stock opened at C$351.81 on Friday. The firm has a 50-day simple moving average of C$349.73 and a two-hundred day simple moving average of C$333.23. The company has a market cap of C$67.86 billion, a P/E ratio of 45.99, a price-to-earnings-growth ratio of 5.00 and a beta of 0.97. Franco-Nevada has a fifty-two week low of C$263.69 and a fifty-two week high of C$388.22.

Franco-Nevada (TSE:FNV) (NYSE:FNV) last released its quarterly earnings data on Tuesday, August 11th. The company reported C$2.57 earnings per share for the quarter. Franco-Nevada had a net margin of 63.83% and a return on equity of 18.95%. The company had revenue of C$825.33 million during the quarter.

Insider Activity

In related news, insider Sandip Rana sold 10,000 shares of Franco-Nevada stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of C$344.87, for a total value of C$3,448,700.00. Following the sale, the insider owned 60,274 shares of the company’s stock, valued at approximately C$20,786,694.38. This trade represents a 14.23% decrease in their position. 0.69% of the stock is owned by company insiders.

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.