Franco-Nevada (NYSE:FNV) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Franco-Nevada (NYSE:FNV) (TSE:FNV) posted its quarterly earnings results on Monday. The basic materials company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06, Zacks reports. Franco-Nevada had a negative net margin of 55.28% and a positive return on equity of 10.55%. The business had revenue of $321.00 million during the quarter, compared to analysts’ expectations of $304.33 million. During the same period last year, the company posted $0.90 earnings per share. The business’s quarterly revenue was up 5.8% on a year-over-year basis. Franco-Nevada updated its FY 2025 guidance to EPS.

Franco-Nevada Price Performance

NYSE FNV opened at $143.36 on Monday. The company has a fifty day moving average price of $133.80 and a 200-day moving average price of $127.30. The firm has a market cap of $27.60 billion, a price-to-earnings ratio of -45.37, a PEG ratio of 9.78 and a beta of 0.73. Franco-Nevada has a 1 year low of $111.98 and a 1 year high of $146.99.

Franco-Nevada Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.38 per share. The ex-dividend date is Thursday, March 13th. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 1.06%. Franco-Nevada’s dividend payout ratio (DPR) is -48.10%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on FNV shares. UBS Group assumed coverage on Franco-Nevada in a research note on Monday, November 18th. They issued a “buy” rating and a $160.00 target price for the company. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Canaccord Genuity Group raised Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. HC Wainwright reiterated a “buy” rating and issued a $155.00 target price on shares of Franco-Nevada in a report on Tuesday, January 28th. Finally, StockNews.com upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Friday. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $146.71.

Franco-Nevada Company Profile

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.