Wheaton Precious Metals Corp. (TSE:WPM) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Wheaton Precious Metals Corp. (TSE:WPM) have been assigned an average recommendation of “Buy” from the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$205.63.

WPM has been the subject of several recent analyst reports. UBS Group raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. National Bank Financial raised their price target on Wheaton Precious Metals from C$240.00 to C$245.00 and gave the company an “outperform” rating in a report on Monday, March 16th. TD Securities raised their price target on Wheaton Precious Metals from C$164.00 to C$165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Stifel Nicolaus raised their price target on Wheaton Precious Metals from C$240.00 to C$250.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Finally, BMO Capital Markets raised their price target on Wheaton Precious Metals from C$240.00 to C$250.00 in a report on Wednesday, April 22nd.

Insiders Place Their Bets

In other news, insider Vincent Chun Yip Lau acquired 225 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of C$176.85 per share, with a total value of C$39,791.25. Following the purchase, the insider directly owned 1,065 shares of the company’s stock, valued at approximately C$188,345.25. This trade represents a 26.79% increase in their position. 0.13% of the stock is owned by insiders.

Wheaton Precious Metals Price Performance

WPM opened at C$164.74 on Monday. The business has a 50 day simple moving average of C$181.70 and a 200-day simple moving average of C$182.40. The stock has a market capitalization of C$74.81 billion, a P/E ratio of 41.63 and a beta of 1.27. Wheaton Precious Metals has a 12 month low of C$117.13 and a 12 month high of C$226.68.

Wheaton Precious Metals (TSE:WPM) last posted its quarterly earnings results on Thursday, May 7th. The company reported C$1.78 EPS for the quarter. The business had revenue of C$1.25 billion during the quarter. Wheaton Precious Metals had a return on equity of 21.32% and a net margin of 65.55%. Research analysts anticipate that Wheaton Precious Metals will post 2.4749013 EPS for the current year.

Wheaton Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, June 9th were paid a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 17.44%.

More Wheaton Precious Metals News

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Wheaton Precious Metals to $6.52 from $6.16, signaling stronger expected full-year profitability.
• Positive Sentiment: The firm also increased FY2027 EPS to $6.84 from $6.49, along with higher quarterly forecasts for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, reinforcing a more bullish outlook for Wheaton Precious Metals Corp. (TSE:WPM).

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.