Franco-Nevada (NYSE:FNV) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Franco-Nevada (NYSE:FNV) (TSE:FNV) posted its earnings results on Monday. The basic materials company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05, Zacks reports. The business had revenue of $321.00 million for the quarter, compared to analyst estimates of $304.33 million. Franco-Nevada had a negative net margin of 55.28% and a positive return on equity of 10.55%. Franco-Nevada’s revenue was up 5.8% compared to the same quarter last year. During the same period last year, the business posted $0.90 EPS. Franco-Nevada updated its FY 2025 guidance to EPS.

Franco-Nevada Stock Performance

Shares of Franco-Nevada stock opened at $145.56 on Wednesday. The firm has a fifty day moving average of $134.87 and a two-hundred day moving average of $127.60. The stock has a market capitalization of $28.03 billion, a price-to-earnings ratio of -46.06, a PEG ratio of 9.78 and a beta of 0.73. Franco-Nevada has a 52 week low of $111.98 and a 52 week high of $148.02.

Franco-Nevada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.38 per share. This is a boost from Franco-Nevada’s previous quarterly dividend of $0.36. The ex-dividend date is Thursday, March 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.04%. Franco-Nevada’s payout ratio is presently 53.15%.

Analyst Ratings Changes

A number of equities analysts have recently commented on FNV shares. StockNews.com upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. HC Wainwright raised their price objective on shares of Franco-Nevada from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday. Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Raymond James boosted their target price on shares of Franco-Nevada from $160.00 to $162.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, TD Securities cut Franco-Nevada from a “buy” rating to a “hold” rating and set a $152.00 target price on the stock. in a report on Tuesday. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Franco-Nevada has a consensus rating of “Moderate Buy” and a consensus target price of $153.63.

About Franco-Nevada

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.