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How to Buy Franco Nevada Stock

Franco Nevada Corp

Franco Nevada is a gold company located in Ontario, Canada, which is part of the Basic Materials sector, and is traded under the ticker FNV on the NYSE exchange.

Franco Nevada stock last closed at $118.22, down 2.68% from the previous day, and has decreased 22.2% in one year. It has underperformed other stocks in the Gold industry by 0.11 percentage points. Franco Nevada stock is currently +15.57% from its 52-week low of $102.29, and -26.69% from its 52-week high of $161.25.

As of Apr 22, 2024, there are 192.18M FNV shares outstanding. The market value of FNV is $22.72B. In the last 24 hours, 812,366 FNV shares were traded.

How to Buy Franco Nevada Stock

Wondering how to invest in Franco Nevada stock? Here's how.
  1. Choose where to buy Franco Nevada stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Franco Nevada stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Research Franco Nevada stock: The Franco Nevada ticker symbol is FNV. Is Franco Nevada stock a good investment? Should you buy shares of FNV? How do FNV's underlying business fundamentals look? Do top analysts think Franco Nevada is a good buy? Why has FNV's stock price moved recently? (Hint: Our stock market analysis website can help you understand if FNV is a good stock to buy).
  5. Place your FNV purchase: Decide if you will purchase FNV shares at the current market price or use a limit order to buy FNV stock at a particular price.
  6. Track your FNV investment: Create a watchlist to the latest updates on your new investment in Franco Nevada shares.

Step 1: Choose where to buy Franco Nevada stock

You will need an online brokerage account to access the NYSE market and buy FNV stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to invest in FNV stock today.

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  2. Input your personal info to open a new brokerage account.
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Step 3: Deposit funds into your investment account

Now that you have opened your account on the best stock trading app, your next step is to transfer the money for your investment:

Check out this video walkthrough to see the process of transferring money into your new investment account.

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Step 4: Research Franco Nevada stock

After you have decided on the best place to buy Franco Nevada stock, it's crucial to evaluate their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.

Franco Nevada stock quick numbers

FNV Price
$118.22
1w %
1.55%
1y %
-22.2%
5y %
68.17%
P/E
-48.65x
P/B
3.94x
P/S
18.62x
PEG
N/A
Revenue
$1.22B
Earnings
-$466.40M
Fore. Rev. Growth
-4.29%
Fore. Earn. Growth
N/A
Market Cap
$22.72B
Next Earnings
May 2, 2024
Next Dividend
N/A

Fundamentals of Franco Nevada

WallStreetZen was designed to help everyday investors perform better fundamental analysis.

You can see all of the due diligence checks on FNV's stock page.

Is FNV stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge FNV's intrinsic value.

Using relative valuations methods:

  • FNV may be overvalued based on its P/B ratio of 3.94x, relative to Gold industry P/B ratio of 1.65x

You can access additional valuation research on FNV's stock here.

FNV Financial Health Summary

Signs that FNV is financially healthy:

  • There are more short-term assets than short-term liabilities on the FNV balance sheet.
  • There are more short-term assets than long-term liabilities on the FNV balance sheet.
  • FNV has a low debt to equity ratio of 0.04.
  • Total FNV debt is lower than 5 years ago, relative to shareholder equity.
  • FNV's operating cash flow of $991.20M allows it to safely service it's debt of $0.00.

Signs that FNV is not financially healthy:

  • FNV earnings of -$361.30M is not enough to cover its interest payments.
  • FNV profit margin has gone down from 53.2% to -38.3% in the past year.

Is Franco Nevada stock a Buy, Hold, or Sell, according to analysts?

Out of 7 Wall Street analysts who research FNV, the consensus analyst rating on FNV is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent FNV Analyst Recommendations

Chris LaFemina, a top 27% analyst from Jefferies initiates coverage on FNV with a hold rating and announces their FNV price target of $117.00, on Feb 29, 2024.

Greg Barnes, a top 41% analyst from TD Securities maintains FNV with a hold rating and lowers their FNV price target from $135.00 to $125.00, on Dec 4, 2023.

You can dive deeper into what analysts are saying on the Franco Nevada stock forecast page.

FNV Trading Indicators

SMA10
119.81
SMA20
119.3
SMA50
114.09
SMA100
111.74
SMA200
123.91
MACD
1.48
MACD Signal
1.85
MACD Histogram
-0.37
RSI
50.72
Stochastic %K
64.91
Stochastic %D
65.38
StochRSI %K
45.62
StochRSI %D
47.87

FNV Revenue

Last year, FNV revenue was $1.22B. During the last 5 year, FNV's revenue has increased by 13.29% per year. This was slower than the Gold industry average of 15.84%.

Dive into FNV's earnings and revenue performance here.

What are FNV executives and large shareholders up to?

Over the last year, executives and large shareholders at FNV have not bought or sold any shares.

Learn more about who owns FNV stock here.

Can I get consistent income from FNV stock?

Franco Nevada pays a dividend of 1.17%, compared to the Gold industry's average dividend yield of 2.16%. If you owned $1,000 of FNV stock, you would have received $11.67 in the past year.

Franco Nevada dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Franco Nevada dividend yield and history here.

Get analysis from other investors

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your FNV purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.

Press the Open Trade button and eToro will execute the order.

If you require additional help with investing in stocks on eToro, click the helpful video below:

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Step 6: Track your FNV investment

Now that you own some FNV stock, you'll want to keep up with your new investment.

Make a watchlist to see the latest developments about your FNV stock.

FNV Feed

How to Buy Stock in Franco Nevada

To reiterate, here are the 6 steps to buy stock in Franco Nevada:

  1. Choose where to buy Franco Nevada stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Research Franco Nevada stock
  5. Place your FNV purchase
  6. Track your FNV investment

If you require a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your investment in Franco Nevada, create your watchlist below.

NYSE: FNV
$118.22-3.25 (-2.68%)
Updated Apr 22, 2024
Open eToro Account
NYSE: FNV
$118.22-3.25 (-2.68%)
Updated Apr 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Franco Nevada share?

As of Apr 22, 2024, it costs $118.22 to buy one share of Franco Nevada stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.085 shares of FNV.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Franco Nevada stock?

According to 7 Wall Street analysts who monitor Franco Nevada, their consensus recommendation is to buy Franco Nevada stock.

What is the best way to buy Franco Nevada stock?

One way to place an order for Franco Nevada stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.