Franco-Nevada Corporation (NYSE:FNV) price on Friday, March 21, rose 0.19% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $155.83.
A look at the stock’s price movement, the close in the last trading session was $155.53, moving within a range at $152.85 and $155.95. The beta value (5-Year monthly) was 0.655 while the PE ratio in trailing twelve months stood at 54.33. Turning to its 52-week performance, $156.82 and $112.70 were the 52-week high and 52-week low respectively. Overall, FNV moved 9.95% over the past month.
Franco-Nevada Corporation’s market cap currently stands at around $30.01 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-09. The company has a Forward Dividend ratio of 1.46, with its dividend yield at 0.94%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FNV is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 4 recommend FNV as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 3.91, with FNV’s current price about 6.23% and 11.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 76.15, while 7-day volatility ratio is 2.20% and 2.68% in the 30-day chart. Further, Franco-Nevada Corporation (FNV) has a beta value of 0.71, and an average true range (ATR) of 3.67. Analysts have given the company’s stock an average 52-week price target of $150, forecast between a low of $139 and high of $152. Looking at the price targets, the low is 10.8% off current price level while to achieve the yearly target high, price needs to move 2.46%. Nonetheless, investors will most likely welcome a 3.74% jump to $150 which is the analysts’ median price.
If we refocus on Franco-Nevada Corporation (NYSE:FNV), historical trading data shows that trading volumes averaged 1.12 over the past 10 days and 718.54K over the past 3 months. The company’s latest data on shares outstanding shows there are 192.55 million shares.
The 0.75% of Franco-Nevada Corporation’s shares are in the hands of company insiders while institutional holders own 76.17% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.05 million on 2025-02-28, giving us a short ratio of 3.02. Current price change has pushed the stock 32.52% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FNV stock continues to rise going into the next quarter.
