Zacks Research Issues Negative Forecast for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Investment analysts at Zacks Research decreased their Q3 2027 earnings per share (EPS) estimates for Wheaton Precious Metals in a report issued on Tuesday, October 27th. Zacks Research analyst Team now anticipates that the company will earn $0.95 per share for the quarter, down from their prior forecast of $1.00. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.61 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ FY2027 earnings at $4.28 EPS, Q1 2028 earnings at $1.54 EPS, Q2 2028 earnings at $1.70 EPS, Q3 2028 earnings at $1.67 EPS and FY2028 earnings at $6.80 EPS.

A number of other research firms have also weighed in on WPM. Scotiabank cut their price objective on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. Royal Bank Of Canada raised their target price on shares of Wheaton Precious Metals from $160.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, September 16th. Bank of America decreased 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. Jefferies Financial Group lowered their price target 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, Berenberg Bank set a $157.00 price target on Wheaton Precious Metals in a research report on Tuesday, July 28th. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $172.11.

Wheaton Precious Metals Stock Performance

Shares of NYSE WPM opened at $126.47 on Thursday. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.20. Wheaton Precious Metals has a 12 month low of $94.28 and a 12 month high of $165.76. The company has a 50 day simple moving average of $142.93 and a two-hundred day simple moving average of $134.00. The stock has a market cap of $57.44 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 2.35 and a beta of 0.54.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.04. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. The company had revenue of $878.00 million for 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. Wheaton Precious Metals’s quarterly revenue was up 84.7% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Cornerstone Planning Group LLC increased its holdings in shares of Wheaton Precious Metals by 245.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock valued at $29,000 after purchasing an additional 162 shares in the last quarter. Hollencrest Capital Management lifted its stake in shares of Wheaton Precious Metals by 73.5% in the 1st quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock valued at $31,000 after purchasing an additional 100 shares during the period. Wellington Altus USA Inc. lifted its stake in shares of Wheaton Precious Metals by 446.7% in the 2nd quarter. Wellington Altus USA Inc. now owns 328 shares of the company’s stock valued at $37,000 after purchasing an additional 268 shares during the period. Latitude Advisors LLC purchased a new stake in Wheaton Precious Metals during the third quarter worth $37,000. Finally, Root Financial Partners LLC purchased a new stake in Wheaton Precious Metals during the third quarter worth $38,000. 70.34% of the stock is owned by institutional investors and hedge funds.

Wheaton Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were given a dividend of $0.1950 per share. This represents a $0.78 annualized dividend and a yield of 0.6%. The ex-dividend date was Thursday, August 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 17.29%.

Wheaton Precious Metals News Roundup

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

• Positive Sentiment: Zacks raised its estimates for Q2 2027 EPS to $1.13 from $1.12 and Q4 2027 EPS to $1.09 from $1.06. These increases provide a limited positive offset to the broader estimate reductions.
• Neutral Sentiment: Zacks maintained a current full-year consensus EPS reference of $4.61, while projecting FY2027 EPS of $4.28 and FY2028 EPS of $6.80. The estimates imply longer-term earnings growth, but the revisions indicate some uncertainty around the pace and timing of that growth.
• Neutral Sentiment: A Seeking Alpha analysis argues that Wheaton’s stable, royalty-and-streaming business structure may be less favored during the current precious-metals sector cycle. The article highlights the potential for sector rotation and changing commodity-market conditions to affect investor interest. Wheaton Precious Metals’ Stable Structure Is Not Favored By The Sector’s Cycle
• Negative Sentiment: Zacks lowered several forecasts: Q3 2026 EPS to $0.95 from $1.00, FY2026 EPS to $4.59 from $4.66, Q1 2027 EPS to $1.11 from $1.19, and FY2027 EPS to $4.28 from $4.38.
• Negative Sentiment: For 2028, estimates were also reduced: Q1 EPS to $1.54 from $1.70, Q2 EPS to $1.70 from $1.71, Q3 EPS to $1.67 from $1.71, and FY2028 EPS to $6.80 from $6.96. The repeated downward revisions likely contributed to the stock’s decrease by raising concerns about earnings expectations and valuation.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a precious metals streaming company headquartered in Vancouver, British Columbia. Rather than operating mines directly, the company provides upfront financing to mining companies in exchange for the right to purchase a portion of the gold, silver, palladium and cobalt produced by specific mining operations at predetermined prices.

Wheaton sells the streamed metals to customers and uses the proceeds to support its operations and investments. Its portfolio is linked to mining assets operated by third parties, with exposure to projects in the Americas and other regions.