Q3 EPS Estimate for Wheaton Precious Metals Cut by Analyst

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Zacks Research dropped their Q3 2026 EPS estimates for Wheaton Precious Metals in a note issued to investors on Thursday, August 20th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.05 for the quarter, down from their previous estimate of $1.14. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.80 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q1 2027 earnings at $1.20 EPS, Q2 2027 earnings at $1.10 EPS, Q3 2027 earnings at $0.99 EPS, Q4 2027 earnings at $1.01 EPS, FY2027 earnings at $4.31 EPS, Q1 2028 earnings at $1.19 EPS, Q2 2028 earnings at $1.06 EPS and FY2028 earnings at $4.62 EPS.

WPM has been the subject of several other reports. Scotiabank cut their price objective on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research note on Tuesday, July 14th. UBS Group reduced their target price on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Wall Street Zen lowered Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Jefferies Financial Group decreased their price objective on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Finally, Weiss Ratings downgraded Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Twelve investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Wheaton Precious Metals presently has an average rating of “Moderate Buy” and a consensus target price of $165.55.

Wheaton Precious Metals Trading Up 1.6%

Shares of NYSE:WPM opened at $160.25 on Monday. The firm has a market capitalization of $72.78 billion, a price-to-earnings ratio of 35.53, a price-to-earnings-growth ratio of 2.79 and a beta of 0.55. The business’s 50 day moving average price is $119.91 and its 200-day moving average price is $130.64. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.47 and a quick ratio of 0.47. Wheaton Precious Metals has a 1 year low of $92.57 and a 1 year high of $165.76.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. The business had revenue of $878.00 million during the quarter, compared to the consensus estimate of $879.29 million. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. The company’s revenue was up 84.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.63 earnings per share.

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is 17.29%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Assetmark Inc. increased its holdings in shares of Wheaton Precious Metals by 144.4% in the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after acquiring an additional 130 shares during the period. Harvest Fund Management Co. Ltd lifted its holdings in shares of Wheaton Precious Metals by 100.0% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after buying an additional 117 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Wheaton Precious Metals in the 4th quarter valued at approximately $28,000. Cornerstone Planning Group LLC boosted its stake in shares of Wheaton Precious Metals by 245.5% in the first quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock valued at $29,000 after buying an additional 162 shares in the last quarter. Finally, Navalign LLC purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

About Wheaton Precious Metals

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.