Zacks Research Analysts Boost Earnings Estimates for WPM

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities research analysts at Zacks Research boosted their Q1 2026 earnings per share (EPS) estimates for Wheaton Precious Metals in a research report issued to clients and investors on Thursday, November 20th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.65 for the quarter, up from their previous forecast of $0.60. 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’ FY2026 earnings at $2.58 EPS and Q3 2027 earnings at $0.63 EPS.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Wheaton Precious Metals had a return on equity of 11.96% and a net margin of 47.46%.The firm had revenue of $476.26 million during the quarter, compared to analyst estimates of $495.53 million. During the same quarter last year, the firm earned $0.34 EPS. Wheaton Precious Metals’s quarterly revenue was up 54.5% on a year-over-year basis.

Other research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research note on Monday, September 8th. Weiss Ratings restated a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Wednesday, November 19th. UBS Group lifted their price target on Wheaton Precious Metals from $118.00 to $122.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Scotiabank restated an “outperform” rating on shares of Wheaton Precious Metals in a research note on Thursday, October 23rd. Finally, CIBC lifted their target price on Wheaton Precious Metals from $135.00 to $160.00 and gave the stock an “outperformer” rating in a research report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and an average price target of $124.50.

Wheaton Precious Metals Trading Up 3.5%

Wheaton Precious Metals stock opened at $102.75 on Monday. Wheaton Precious Metals has a 52 week low of $55.47 and a 52 week high of $114.36. The stock has a market cap of $46.65 billion, a P/E ratio of 59.39, a price-to-earnings-growth ratio of 1.67 and a beta of 0.38. The stock has a 50 day moving average of $103.72 and a 200-day moving average of $96.28.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Wheaton Precious Metals by 1.3% in the third quarter. Vanguard Group Inc. now owns 18,789,090 shares of the company’s stock worth $2,102,611,000 after buying an additional 234,439 shares during the period. Norges Bank bought a new position in shares of Wheaton Precious Metals during the second quarter worth about $656,463,000. TD Asset Management Inc increased its holdings in shares of Wheaton Precious Metals by 3.5% in the 3rd quarter. TD Asset Management Inc now owns 7,252,054 shares of the company’s stock worth $811,726,000 after acquiring an additional 244,027 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Wheaton Precious Metals by 36.2% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,955,810 shares of the company’s stock valued at $777,938,000 after purchasing an additional 1,847,977 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in Wheaton Precious Metals by 26.1% in the 3rd quarter. Bank of Montreal Can now owns 6,455,675 shares of the company’s stock valued at $722,270,000 after purchasing an additional 1,335,588 shares during the last quarter. Institutional investors and hedge funds own 70.34% of the company’s stock.

Wheaton Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $0.66 annualized dividend and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is 30.00%.

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.