Raymond James Has Strong Forecast for WPM Q1 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Research analysts at Raymond James raised their Q1 2025 earnings per share estimates for Wheaton Precious Metals in a note issued to investors on Monday, April 14th. Raymond James analyst B. Macarthur now expects that the company will earn $0.53 per share for the quarter, up from their previous estimate of $0.48. Raymond James has a “Outperform” rating and a $90.00 price objective on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Raymond James also issued estimates for Wheaton Precious Metals’ Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.64 EPS and FY2025 earnings at $2.40 EPS.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings results on Thursday, March 13th. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The company had revenue of $380.52 million during the quarter, compared to analysts’ expectations of $395.74 million. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.36 EPS.

Several other research firms also recently weighed in on WPM. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. BMO Capital Markets began coverage on Wheaton Precious Metals in a research report on Wednesday. They issued an “outperform” rating and a $129.00 price target for the company. Scotiabank boosted their price objective on shares of Wheaton Precious Metals from $79.00 to $87.00 and gave the stock a “sector outperform” rating in a research report on Monday. Royal Bank of Canada increased their price objective on shares of Wheaton Precious Metals from $75.00 to $80.00 and gave the company a “sector perform” rating in a research note on Friday, April 4th. Finally, UBS Group lifted their target price on shares of Wheaton Precious Metals from $78.00 to $89.00 and gave the stock a “buy” rating in a research report on Friday, April 11th. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $83.40.

Wheaton Precious Metals Trading Down 0.7 %

Shares of Wheaton Precious Metals stock opened at $84.16 on Wednesday. The company has a 50-day moving average of $73.28 and a two-hundred day moving average of $65.42. Wheaton Precious Metals has a 12-month low of $50.91 and a 12-month high of $86.20. The stock has a market cap of $38.18 billion, a PE ratio of 62.81, a price-to-earnings-growth ratio of 1.91 and a beta of 0.74.

Wheaton Precious Metals Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Tuesday, April 1st were given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Tuesday, April 1st. This is a positive change from Wheaton Precious Metals’s previous quarterly dividend of $0.16. Wheaton Precious Metals’s payout ratio is currently 56.90%.

Institutional Trading of Wheaton Precious Metals

Hedge funds have recently bought and sold shares of the company. Fielder Capital Group LLC raised its holdings in Wheaton Precious Metals by 0.7% in the 4th quarter. Fielder Capital Group LLC now owns 24,701 shares of the company’s stock valued at $1,389,000 after acquiring an additional 176 shares during the last quarter. Signaturefd LLC lifted its position in Wheaton Precious Metals by 1.5% during the fourth quarter. Signaturefd LLC now owns 11,877 shares of the company’s stock worth $668,000 after buying an additional 178 shares during the period. Merit Financial Group LLC boosted its stake in Wheaton Precious Metals by 3.9% in the 4th quarter. Merit Financial Group LLC now owns 4,818 shares of the company’s stock worth $271,000 after buying an additional 179 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Wheaton Precious Metals by 1.0% in the 3rd quarter. Principal Financial Group Inc. now owns 19,761 shares of the company’s stock valued at $1,208,000 after buying an additional 196 shares during the period. Finally, Pacer Advisors Inc. increased its stake in shares of Wheaton Precious Metals by 5.7% during the 4th quarter. Pacer Advisors Inc. now owns 4,027 shares of the company’s stock valued at $226,000 after acquiring an additional 216 shares during the last quarter. Institutional investors and hedge funds own 70.34% of the company’s stock.

Wheaton Precious Metals Company Profile

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.