FY2026 EPS Estimates for Franco-Nevada Cut by Scotiabank

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) – Equities research analysts at Scotiabank reduced their FY2026 earnings per share estimates for Franco-Nevada in a research report issued on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $8.40 for the year, down from their prior estimate of $8.43. Scotiabank currently 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 issued its quarterly earnings results on Tuesday, May 12th. The basic materials company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.29. Franco-Nevada had a return on equity of 18.10% and a net margin of 65.12%.The business had revenue of $650.70 million for the quarter, compared to analyst estimates of $634.43 million. During the same period last year, the company posted $1.07 earnings per share. Franco-Nevada’s quarterly revenue was up 76.6% compared to the same quarter last year.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen cut Franco-Nevada from a “buy” rating to a “hold” rating in a research note on Monday, June 1st. Canaccord Genuity Group upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada decreased their price objective on shares of Franco-Nevada from $295.00 to $285.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Weiss Ratings lowered shares of Franco-Nevada from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Finally, Zacks Research cut shares of Franco-Nevada from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Eleven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $273.40.

Franco-Nevada Price Performance

Shares of NYSE:FNV opened at $200.81 on Monday. The company has a market capitalization of $38.73 billion, a PE ratio of 28.28, a price-to-earnings-growth ratio of 1.69 and a beta of 0.36. The business has a fifty day moving average price of $218.63 and a two-hundred day moving average price of $236.61. Franco-Nevada has a 1 year low of $154.11 and a 1 year high of $285.67.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Annex Advisory Services LLC grew its stake in shares of Franco-Nevada by 70.5% during the 2nd quarter. Annex Advisory Services LLC now owns 160,605 shares of the basic materials company’s stock worth $33,477,000 after acquiring an additional 66,432 shares during the period. Salvus Wealth Management LLC raised its stake in Franco-Nevada by 3.0% in the 2nd quarter. Salvus Wealth Management LLC now owns 5,470 shares of the basic materials company’s stock valued at $1,140,000 after acquiring an additional 160 shares during the period. Revolve Wealth Partners LLC purchased a new stake in Franco-Nevada during the second quarter valued at about $422,000. PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in Franco-Nevada by 13.8% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 41,319 shares of the basic materials company’s stock valued at $8,619,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Franco-Nevada by 24.0% during the second quarter. Assenagon Asset Management S.A. now owns 8,373 shares of the basic materials company’s stock valued at $1,746,000 after purchasing an additional 1,619 shares during the last quarter. Institutional investors own 77.06% of the company’s stock.

Franco-Nevada Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders 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 annualized dividend and a dividend yield of 0.9%. Franco-Nevada’s payout ratio is presently 24.79%.

Franco-Nevada Company Profile

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.