FY2024 EPS Estimates for Franco-Nevada Raised by Analyst

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Stock analysts at National Bank Financial boosted their FY2024 EPS estimates for shares of Franco-Nevada in a research note issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $4.56 for the year, up from their prior estimate of $4.55. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share. National Bank Financial also issued estimates for Franco-Nevada’s FY2025 earnings at $6.54 EPS.

FNV has been the subject of several other reports. CIBC increased their price objective on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Stifel Nicolaus increased their target price on shares of Franco-Nevada from C$200.00 to C$215.00 in a research report on Monday, October 21st. UBS Group upgraded shares of Franco-Nevada to a “strong-buy” rating in a research report on Monday, November 18th. Finally, Canaccord Genuity Group cut their price objective on shares of Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating for the company in a report on Monday, November 18th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$190.80.

Franco-Nevada Price Performance

Shares of Franco-Nevada stock opened at C$203.34 on Thursday. The company has a debt-to-equity ratio of 1.63, a current ratio of 29.11 and a quick ratio of 23.26. The business has a 50 day simple moving average of C$181.37 and a two-hundred day simple moving average of C$174.73. The stock has a market capitalization of C$39.13 billion, a P/E ratio of -48.53, a PEG ratio of 5.00 and a beta of 0.68. Franco-Nevada has a 12 month low of C$140.67 and a 12 month high of C$206.32.

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.