Zacks Research Issues Negative Outlook for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Analysts at Zacks Research dropped their Q1 2026 earnings estimates for Wheaton Precious Metals in a report issued on Thursday, March 26th. Zacks Research analyst Team now expects that the company will post earnings of $0.80 per share for the quarter, down from their previous forecast of $0.85. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q4 2026 earnings at $0.81 EPS, Q3 2027 earnings at $0.82 EPS and Q4 2027 earnings at $0.81 EPS.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Thursday, March 12th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.31. Wheaton Precious Metals had a return on equity of 17.17% and a net margin of 63.58%.The firm had revenue of $864.71 million during the quarter, compared to analyst estimates of $719.59 million. During the same period last year, the company posted $0.44 EPS. The business’s quarterly revenue was up 127.3% on a year-over-year basis.

Several other equities analysts have also issued reports on the company. TD Securities boosted their price target on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Royal Bank Of Canada raised shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from $115.00 to $130.00 in a research note on Wednesday, December 10th. Jefferies Financial Group reissued a “buy” rating and set a $145.00 price objective on shares of Wheaton Precious Metals in a research report on Sunday, December 7th. UBS Group upgraded Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price for the company in a research note on Friday, March 27th. Finally, Wall Street Zen lowered Wheaton Precious Metals from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Thirteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Wheaton Precious Metals presently has an average rating of “Moderate Buy” and a consensus price target of $145.36.

Wheaton Precious Metals Price Performance

NYSE WPM opened at $131.14 on Monday. The stock has a market capitalization of $59.54 billion, a P/E ratio of 40.48, a P/E/G ratio of 1.77 and a beta of 0.50. The business has a 50 day simple moving average of $141.77 and a 200 day simple moving average of $121.49. Wheaton Precious Metals has a one year low of $68.03 and a one year high of $165.76.

Wheaton Precious Metals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st will be paid a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. This is a boost from Wheaton Precious Metals’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, March 31st. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 20.37%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of WPM. McAlvany Wealth Management LLC purchased a new stake in shares of Wheaton Precious Metals during the 4th quarter valued at $4,151,000. Purpose Unlimited Inc. bought a new stake in shares of Wheaton Precious Metals during the 4th quarter worth $5,343,000. John A. Wolfe & Associates Inc. purchased a new position in shares of Wheaton Precious Metals in the 4th quarter worth about $251,000. Corient Private Wealth LLC boosted its holdings in shares of Wheaton Precious Metals by 252.1% in the 4th quarter. Corient Private Wealth LLC now owns 56,640 shares of the company’s stock worth $6,656,000 after buying an additional 40,555 shares during the last quarter. Finally, Bayban bought a new position in Wheaton Precious Metals during the fourth quarter valued at about $74,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.