Research Analysts Issue Forecasts for WPM FY2026 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Investment analysts at Raymond James Financial dropped their FY2026 earnings per share estimates for shares of Wheaton Precious Metals in a research report issued to clients and investors on Monday, July 14th. Raymond James Financial analyst B. Macarthur now forecasts that the company will post earnings of $2.28 per share for the year, down from their prior forecast of $2.30. Raymond James Financial currently has a “Outperform” rating and a $90.00 target price on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

Wheaton Precious Metals (NYSE:WPM) last announced its earnings results on Thursday, May 8th. The company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. Wheaton Precious Metals had a return on equity of 10.32% and a net margin of 42.45%. The firm had revenue of $470.41 million for the quarter, compared to the consensus estimate of $446.33 million. During the same quarter in the previous year, the business earned $0.36 EPS. The company’s revenue was up 58.4% compared to the same quarter last year.

WPM has been the topic of several other research reports. CIBC reiterated an “outperform” rating on shares of Wheaton Precious Metals in a research note on Tuesday. Scotiabank upped their price objective on Wheaton Precious Metals from $79.00 to $87.00 and gave the company a “sector outperform” rating in a research note on Monday, April 14th. Berenberg Bank upped their price objective on Wheaton Precious Metals from $87.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, July 3rd. BMO Capital Markets assumed coverage on Wheaton Precious Metals in a research note on Wednesday, April 16th. They issued an “outperform” rating and a $129.00 price objective on the stock. Finally, Wall Street Zen upgraded Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $93.00.

Wheaton Precious Metals Stock Down 0.8%

Shares of NYSE WPM opened at $88.30 on Thursday. Wheaton Precious Metals has a twelve month low of $53.05 and a twelve month high of $95.23. The stock’s 50 day moving average price is $87.93 and its 200-day moving average price is $76.76. The company has a market capitalization of $40.08 billion, a PE ratio of 64.93, a PEG ratio of 2.55 and a beta of 0.46.

Wheaton Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 28th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a $0.66 annualized dividend and a dividend yield of 0.75%. Wheaton Precious Metals’s dividend payout ratio is currently 48.53%.

Institutional Investors Weigh In On Wheaton Precious Metals

Several institutional investors have recently made changes to their positions in WPM. Norges Bank purchased a new stake in shares of Wheaton Precious Metals during the fourth quarter worth $472,648,000. Capital International Investors purchased a new stake in shares of Wheaton Precious Metals during the fourth quarter worth $263,810,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Wheaton Precious Metals during the fourth quarter worth $72,657,000. Mackenzie Financial Corp lifted its position in shares of Wheaton Precious Metals by 54.4% during the fourth quarter. Mackenzie Financial Corp now owns 3,223,154 shares of the company’s stock worth $181,227,000 after acquiring an additional 1,135,699 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Wheaton Precious Metals by 1,321.7% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,221,522 shares of the company’s stock worth $68,720,000 after purchasing an additional 1,135,603 shares during the period. Hedge funds and other institutional investors own 70.34% of the company’s stock.

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.