Franco-Nevada Corporation (FNV)
Basic Materials · NYQ
Price as at 13 Aug 2026, 12:13 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Franco-Nevada Corporation trades at USD235.94, close to the USD266.42 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 80 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 29.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
FNV dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.880 | 2 |
| 2025 | USD0.760 | 2 |
| 2024 | USD1.44 | 4 |
| 2023 | USD1.36 | 4 |
| 2022 | USD1.28 | 4 |
| 2021 | USD1.16 | 4 |
| 2020 | USD1.03 | 4 |
| 2019 | USD0.990 | 4 |
| 2018 | USD0.950 | 4 |
| 2017 | USD0.910 | 4 |
| 2016 | USD0.870 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
FNV earnings and analyst estimates
Recommendation mix, 15 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Franco-Nevada Corporation
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. The company operates through Precious Metals, Other Mining and Energy segments. It also manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent. Franco-Nevada Corporation was founded in 1986 and is headquartered in Toronto, Canada.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
FNV passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
18 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- First Eagle, First Eagle Investment Management, LLC$1.10B · 1.8% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$424.58M · 0.6% of book
- Capital Research Global, Capital Research Global Investors$332.75M · 0.1% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$180.06M · 0.1% of book
- Thomas Gayner, MARKEL GROUP INC.$161.23M · 1.2% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Franco-Nevada Corporation (FNV) undervalued?
Against our fair value estimate of USD266.42, FNV at USD235.94 is 13% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own FNV?
18 of the institutions we track reported a position in FNV in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is FNV's P/E ratio?
FNV trades at 29.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Franco-Nevada Corporation (FNV) pay a dividend?
Yes. Franco-Nevada Corporation yields 0.86% at the current share price. It has paid USD0.880 per share over the trailing twelve months. It has paid a dividend in each of the last 15 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its FNV data?
Fundamentals for FNV come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 13 Aug 2026, 12:13 UTC and is delayed. Our data quality score for this company is 92/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for FNV, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.