Franco Nevada (FNV) Earns Media Impact Score of 0.05

News articles about Franco Nevada (NYSE:FNV) (TSE:FNV) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Franco Nevada earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 47.0167565264886 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the media stories that may have impacted Accern’s rankings:

Several analysts have recently issued reports on the company. TD Securities set a $93.00 price target on Franco Nevada and gave the stock a “buy” rating in a research note on Tuesday, August 7th. Macquarie downgraded Franco Nevada from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 10th. Finally, Desjardins upgraded Franco Nevada from a “sell” rating to a “hold” rating in a research note on Wednesday, July 18th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $93.71.

NYSE:FNV traded down $1.66 during mid-day trading on Friday, hitting $63.99. 857,500 shares of the company’s stock traded hands, compared to its average volume of 579,190. Franco Nevada has a 12 month low of $63.63 and a 12 month high of $86.06. The company has a market cap of $12.32 billion, a price-to-earnings ratio of 59.25, a PEG ratio of 13.80 and a beta of -0.17.

Franco Nevada (NYSE:FNV) (TSE:FNV) last announced its earnings results on Wednesday, August 8th. The basic materials company reported $0.29 earnings per share for the quarter, meeting the consensus estimate of $0.29. Franco Nevada had a return on equity of 4.80% and a net margin of 32.94%. The firm had revenue of $161.30 million during the quarter, compared to the consensus estimate of $169.46 million. During the same quarter in the prior year, the company earned $0.25 EPS. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. research analysts predict that Franco Nevada will post 1.2 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 27th. Investors of record on Thursday, September 13th will be paid a dividend of $0.24 per share. The ex-dividend date is Wednesday, September 12th. This represents a $0.96 annualized dividend and a yield of 1.50%. Franco Nevada’s payout ratio is 88.89%.

Franco Nevada Company Profile

Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Peru, Chile, Australia, and Africa. The company also holds interests in silver, platinum group metals, oil and gas, and other resource assets. As of December 31, 2017, it had a portfolio of 341 assets.

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