
Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) – Scotiabank increased their FY2026 earnings per share estimates for Wheaton Precious Metals in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings of $4.83 per share for the year, up from their previous estimate of $4.74. Scotiabank has a “Sector Outperform” rating and a $175.00 price objective on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.79 per share.
Other equities analysts have also issued research reports about the stock. Jefferies Financial Group reduced their price target on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating for the company in a research report on Monday, July 6th. Weiss Ratings cut shares of Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Bank of America reduced their target price on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Wall Street Zen downgraded shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Royal Bank Of Canada decreased their price target on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Twelve analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.55.
Wheaton Precious Metals Trading Up 1.8%
NYSE WPM opened at $150.08 on Friday. The business’s fifty day moving average is $118.35 and its 200-day moving average is $130.29. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.47 and a quick ratio of 0.47. The stock has a market capitalization of $68.16 billion, a price-to-earnings ratio of 33.28, a PEG ratio of 2.61 and a beta of 0.55. Wheaton Precious Metals has a one year low of $92.57 and a one year high of $165.76.
Wheaton Precious Metals (NYSE:WPM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%.The firm had revenue of $878.00 million during the quarter, compared to the consensus estimate of $879.29 million. During the same quarter in the prior year, the company earned $0.63 EPS. The business’s revenue for the quarter was up 84.7% on a year-over-year basis.
Wheaton Precious Metals Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, August 20th. Wheaton Precious Metals’s payout ratio is currently 17.29%.
Institutional Investors Weigh In On Wheaton Precious Metals
Institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new stake in shares of Wheaton Precious Metals in the first quarter valued at approximately $331,000. Focus Partners Wealth boosted its holdings in Wheaton Precious Metals by 10.7% in the 1st quarter. Focus Partners Wealth now owns 11,223 shares of the company’s stock worth $871,000 after buying an additional 1,081 shares during the period. Acadian Asset Management LLC bought a new position in Wheaton Precious Metals in the 1st quarter worth approximately $209,000. Sivia Capital Partners LLC purchased a new position in Wheaton Precious Metals in the 2nd quarter valued at approximately $239,000. Finally, Rhumbline Advisers grew its stake in Wheaton Precious Metals by 28.3% in the 2nd quarter. Rhumbline Advisers now owns 2,952 shares of the company’s stock valued at $265,000 after buying an additional 652 shares in the last quarter. 70.34% of the stock is owned by hedge funds and other institutional investors.
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.
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