Franco-Nevada (NYSE:FNV) Sets New 12-Month High – What’s Next?

21 Jan 2026, 10:36 by Sarita Garza · The Markets Daily

Franco-Nevada Corporation (NYSE:FNV – Get Free Report) (TSE:FNV)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $255.43 and last traded at $253.0410, with a volume of 1309472 shares trading hands. The stock had previously closed at $243.75.

Analyst Upgrades and Downgrades

FNV has been the subject of a number of recent research reports. Bank of America boosted their price objective on shares of Franco-Nevada from $211.00 to $220.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. UBS Group raised their price objective on Franco-Nevada from $260.00 to $270.00 and gave the company a “buy” rating in a report on Monday, December 1st. Royal Bank Of Canada raised Franco-Nevada from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $225.00 to $250.00 in a report on Wednesday, December 10th. Jefferies Financial Group reissued a “hold” rating and set a $228.00 price target on shares of Franco-Nevada in a research note on Sunday, December 7th. Finally, Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Franco-Nevada has an average rating of “Moderate Buy” and a consensus price target of $232.75.

View Our Latest Stock Report on FNV

Franco-Nevada Trading Up 3.8%

The stock has a market cap of $48.79 billion, a P/E ratio of 53.05, a price-to-earnings-growth ratio of 1.38 and a beta of 0.48. The business has a 50-day simple moving average of $212.08 and a 200 day simple moving average of $196.04.

Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last posted its quarterly earnings data on Monday, November 3rd. The basic materials company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.06. Franco-Nevada had a return on equity of 13.94% and a net margin of 59.48%.The company had revenue of $487.70 million for the quarter, compared to analyst estimates of $448.51 million. During the same period in the previous year, the firm earned $0.80 earnings per share. The firm’s quarterly revenue was up 76.9% on a year-over-year basis. As a group, equities analysts expect that Franco-Nevada Corporation will post 3.09 earnings per share for the current year.

Franco-Nevada Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, December 4th. Franco-Nevada’s dividend payout ratio is currently 31.87%.

Hedge Funds Weigh In On Franco-Nevada

A number of hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its holdings in Franco-Nevada by 4.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 114,465 shares of the basic materials company’s stock worth $25,515,000 after purchasing an additional 4,900 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of Franco-Nevada by 210.4% during the 2nd quarter. Osaic Holdings Inc. now owns 18,235 shares of the basic materials company’s stock worth $2,989,000 after buying an additional 12,360 shares during the period. Altfest L J & Co. Inc. grew its position in shares of Franco-Nevada by 189.2% during the 3rd quarter. Altfest L J & Co. Inc. now owns 7,556 shares of the basic materials company’s stock worth $1,684,000 after buying an additional 4,943 shares during the period. Markel Group Inc. increased its stake in shares of Franco-Nevada by 8.4% in the 2nd quarter. Markel Group Inc. now owns 569,500 shares of the basic materials company’s stock valued at $93,352,000 after acquiring an additional 44,250 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC lifted its position in shares of Franco-Nevada by 2.6% during the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 1,043,546 shares of the basic materials company’s stock valued at $171,058,000 after acquiring an additional 26,772 shares during the period. Institutional investors own 77.06% of the company’s stock.

Franco-Nevada Company Profile

(Get Free Report)

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.