Franco-Nevada’s (FNV) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright reissued their buy rating on shares of Franco-Nevada (NYSE:FNV) (TSE:FNV) in a research note released on Thursday,Benzinga reports. The firm currently has a $305.00 price objective on the basic materials company’s stock.

Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada raised their price objective on shares of Franco-Nevada from $285.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 16th. Weiss Ratings raised Franco-Nevada from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, November 9th. Finally, Zacks Research raised Franco-Nevada from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $275.30.

Franco-Nevada Price Performance

FNV stock traded down $0.86 during midday trading on Thursday, reaching $246.86. 546,786 shares of the company were exchanged, compared to its average volume of 614,234. The business has a 50-day moving average price of $247.75 and a two-hundred day moving average price of $239.94. Franco-Nevada has a one year low of $188.47 and a one year high of $285.67. The firm has a market capitalization of $47.62 billion, a price-to-earnings ratio of 30.07, a price-to-earnings-growth ratio of 2.88 and a beta of 0.34.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last issued its quarterly earnings data on Wednesday, November 11th. The basic materials company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.12. The company had revenue of $549.30 million for the quarter, compared to analyst estimates of $568.44 million. Franco-Nevada had a net margin of 66.68% and a return on equity of 19.12%. The company’s revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.43 earnings per share. As a group, analysts anticipate that Franco-Nevada will post 7.40 earnings per share for the current fiscal year.

Franco-Nevada Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, December 3rd. Franco-Nevada’s payout ratio is presently 23.01%.

Hedge Funds Weigh In On Franco-Nevada

Hedge funds have recently bought and sold shares of the business. Skerryvore Asset Management Ltd boosted its stake in shares of Franco-Nevada by 18.2% in the third quarter. Skerryvore Asset Management Ltd now owns 193,006 shares of the basic materials company’s stock valued at $46,186,000 after buying an additional 29,753 shares during the period. Empowered Funds LLC acquired a new stake in Franco-Nevada during the third quarter worth approximately $231,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Franco-Nevada by 223.5% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 175,000 shares of the basic materials company’s stock worth $41,660,000 after acquiring an additional 120,903 shares during the period. Steward Partners Investment Advisory LLC increased its stake in Franco-Nevada by 35.2% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 16,873 shares of the basic materials company’s stock worth $4,018,000 after acquiring an additional 4,389 shares during the period. Finally, Essex Financial Services Inc. increased its stake in Franco-Nevada by 10.4% during the 3rd quarter. Essex Financial Services Inc. now owns 3,557 shares of the basic materials company’s stock worth $847,000 after acquiring an additional 335 shares during the period. 77.06% of the stock is owned by institutional investors.

Trending Headlines about Franco-Nevada

Investors following FNV have been watching these headlines:

• Positive Sentiment: The company declared a quarterly dividend of $0.44 per share, equivalent to $1.76 annually; the cited yield is approximately 0.7%.
• Neutral Sentiment: Franco-Nevada revised its fiscal 2026 sales guidance. The provided report title does not specify whether the outlook was raised or lowered, so the change’s impact is unclear. Franco-Nevada revises FY2026 sales guidance
• Negative Sentiment: Commentary suggests the stock may already trade at a premium despite strong results, which could constrain additional upside. Franco-Nevada stock may trade at a premium

Franco-Nevada Company Profile

Franco-Nevada is a Toronto-based company that provides financing to mining and energy businesses in exchange for royalties, streams and other interests in production. Rather than operating mines itself, it gives partners capital and receives a share of revenue or future output from their projects. The company’s portfolio is focused on gold and other precious metals, and also includes interests in other minerals and energy assets, including oil and gas. Its projects and counterparties span multiple regions, including North and South America, Africa, Australia and Europe.