Raymond James Has Negative Outlook of WPM FY2025 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities researchers at Raymond James decreased their FY2025 earnings per share estimates for shares of Wheaton Precious Metals in a report released on Friday, November 8th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $1.86 per share for the year, down from their previous forecast of $1.87. Raymond James currently has a “Outperform” rating and a $75.00 target price on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.44 per share. Raymond James also issued estimates for Wheaton Precious Metals’ Q4 2025 earnings at $0.49 EPS.

A number of other equities analysts also recently issued reports on WPM. Stifel Canada downgraded Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st. National Bank Financial raised Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 10th. TD Securities upped their price target on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the company a “buy” rating in a research report on Friday. Jefferies Financial Group raised their price objective on shares of Wheaton Precious Metals from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, October 4th. Finally, Scotiabank boosted their target price on shares of Wheaton Precious Metals from $66.50 to $72.00 and gave the company a “sector outperform” rating in a research report on Monday, August 19th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $70.88.

Wheaton Precious Metals Stock Performance

NYSE:WPM opened at $64.82 on Monday. The firm has a 50-day simple moving average of $62.79 and a two-hundred day simple moving average of $58.66. The firm has a market cap of $29.40 billion, a P/E ratio of 48.37, a P/E/G ratio of 2.37 and a beta of 0.77. Wheaton Precious Metals has a fifty-two week low of $38.57 and a fifty-two week high of $68.64.

Hedge Funds Weigh In On Wheaton Precious Metals

Several large investors have recently made changes to their positions in WPM. AdvisorNet Financial Inc raised its stake in Wheaton Precious Metals by 6.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 3,330 shares of the company’s stock valued at $175,000 after purchasing an additional 190 shares during the period. Principal Financial Group Inc. grew its holdings in Wheaton Precious Metals by 1.0% during the 3rd quarter. Principal Financial Group Inc. now owns 19,761 shares of the company’s stock valued at $1,208,000 after buying an additional 196 shares in the last quarter. Vontobel Holding Ltd. grew its holdings in Wheaton Precious Metals by 0.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 34,558 shares of the company’s stock valued at $2,110,000 after buying an additional 197 shares in the last quarter. Capital International Inc. CA raised its position in shares of Wheaton Precious Metals by 2.5% during the first quarter. Capital International Inc. CA now owns 8,308 shares of the company’s stock valued at $392,000 after buying an additional 204 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in shares of Wheaton Precious Metals by 1.0% in the third quarter. Arkadios Wealth Advisors now owns 21,575 shares of the company’s stock worth $1,318,000 after buying an additional 210 shares in the last quarter. 70.34% of the stock is currently owned by hedge funds and other institutional investors.

Wheaton Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 21st will be paid a $0.155 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.62 dividend on an annualized basis and a yield of 0.96%. Wheaton Precious Metals’s payout ratio is presently 46.27%.

About Wheaton Precious Metals

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.