PI Global Investments
Precious Metals

Equities Analysts Offer Predictions for Franco-Nevada Co.’s FY2022 Earnings (TSE:FNV)


Franco-Nevada Co. (TSE:FNVGet Rating) (NYSE:FNV) – Equities research analysts at National Bank Financial lowered their FY2022 earnings per share estimates for Franco-Nevada in a research note issued to investors on Wednesday, July 20th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of $4.69 per share for the year, down from their previous estimate of $4.86. National Bank Financial currently has a “Sector Perform Market Weight” rating on the stock. The consensus estimate for Franco-Nevada’s current full-year earnings is $5.07 per share. National Bank Financial also issued estimates for Franco-Nevada’s FY2023 earnings at $4.60 EPS.

Franco-Nevada (TSE:FNVGet Rating) (NYSE:FNV) last issued its quarterly earnings results on Wednesday, May 4th. The company reported C$1.18 earnings per share for the quarter, missing the consensus estimate of C$1.21 by C($0.03). The company had revenue of C$429.17 million during the quarter, compared to the consensus estimate of C$427.68 million.

Several other equities research analysts have also recently weighed in on FNV. HC Wainwright reaffirmed a “buy” rating and issued a C$180.00 price target on shares of Franco-Nevada in a research note on Thursday, May 5th. Canaccord Genuity Group upped their price target on Franco-Nevada from C$210.00 to C$215.00 in a research note on Friday, April 22nd. Eight Capital boosted their target price on Franco-Nevada from C$225.00 to C$240.00 and gave the stock a “buy” rating in a report on Thursday, April 21st. BMO Capital Markets dropped their target price on Franco-Nevada from C$227.00 to C$226.00 in a report on Monday, July 18th. Finally, National Bankshares dropped their target price on Franco-Nevada from C$225.00 to C$205.00 and set a “sector perform” rating on the stock in a report on Thursday. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$198.14.

Franco-Nevada Price Performance

Shares of FNV stock opened at C$160.99 on Monday. The stock has a market cap of C$30.84 billion and a price-to-earnings ratio of 31.82. The business’s fifty day moving average is C$175.75 and its 200 day moving average is C$184.02. Franco-Nevada has a twelve month low of C$158.13 and a twelve month high of C$216.32. The company has a quick ratio of 19.84, a current ratio of 21.73 and a debt-to-equity ratio of 1.63.

Franco-Nevada Company Profile

(Get Rating)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates in two segments, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids.

Further Reading

Earnings History and Estimates for Franco-Nevada (TSE:FNV)



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