News headlines about Franco Nevada Corp (NYSE:FNV) (TSE:FNV) have been trending somewhat positive this week, according to Alpha One Sentiment Analysis. The research firm, a subsidiary of Accern, ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Franco Nevada Corp earned a media sentiment score of 0.15 on Alpha One’s scale. Alpha One also assigned news headlines about the basic materials company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have effected AlphaOne’s rankings:
- 5 Things You Didn’t Know About Coeur Mining Inc. – Bloomington Pantagraph (pantagraph.com)
- Technical Levels in Review for Franco-Nevada Corp (FNV) – SKV News (skvnews.com)
- 5 Things You Didn't Know About Coeur Mining Inc. (finance.yahoo.com)
- Is Franco-Nevada Corporation (TSX:FNV) undervalued when accounting for its future growth? (simplywall.st)
- Franco Nevada Corp (FNV) Earning Somewhat Critical News Coverage, Report Shows (americanbankingnews.com)
FNV has been the topic of a number of recent analyst reports. Credit Suisse Group AG set a $79.00 price objective on shares of Franco Nevada Corp and gave the company a “buy” rating in a research note on Saturday, March 25th. Clarkson Capital restated a “neutral” rating on shares of Franco Nevada Corp in a research note on Friday, March 10th. Barclays PLC restated a “hold” rating and set a $68.00 price objective on shares of Franco Nevada Corp in a research note on Wednesday, April 5th. Zacks Investment Research upgraded shares of Franco Nevada Corp from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 21st. Finally, Goldman Sachs Group Inc upgraded shares of Franco Nevada Corp from a “sell” rating to a “neutral” rating and set a $60.00 price objective on the stock in a research note on Wednesday, February 8th. Ten research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Franco Nevada Corp currently has a consensus rating of “Hold” and a consensus target price of $79.55.
Franco Nevada Corp (NYSE:FNV) traded up 0.49% on Thursday, reaching $69.27. The company had a trading volume of 753,268 shares. Franco Nevada Corp has a 12 month low of $53.31 and a 12 month high of $81.16. The company’s 50 day moving average price is $65.27 and its 200-day moving average price is $63.24. The company has a market capitalization of $12.36 billion, a price-to-earnings ratio of 100.39 and a beta of 0.08.
Franco Nevada Corp (NYSE:FNV) last announced its quarterly earnings results on Wednesday, March 22nd. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.04. Franco Nevada Corp had a return on equity of 3.71% and a net margin of 16.54%. The company earned $155.30 million during the quarter, compared to the consensus estimate of $154.03 million. During the same period in the prior year, the company earned $0.15 earnings per share. The company’s revenue for the quarter was up 28.0% compared to the same quarter last year. On average, equities analysts predict that Franco Nevada Corp will post $0.90 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 30th. Shareholders of record on Thursday, March 16th were issued a $0.22 dividend. The ex-dividend date was Tuesday, March 14th. This represents a $0.88 annualized dividend and a dividend yield of 1.27%. Franco Nevada Corp’s dividend payout ratio (DPR) is currently 169.23%.
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About Franco Nevada Corp
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.
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