Raymond James Has Bullish Forecast for TSE:WPM Q1 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Research analysts at Raymond James increased their Q1 2025 earnings estimates for shares of Wheaton Precious Metals in a research note issued to investors on Monday, April 14th. Raymond James analyst B. Macarthur now expects that the company will earn $0.75 per share for the quarter, up from their previous forecast of $0.68. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Raymond James also issued estimates for Wheaton Precious Metals’ Q2 2025 earnings at $0.84 EPS, Q3 2025 earnings at $0.91 EPS, Q4 2025 earnings at $0.91 EPS and FY2025 earnings at $3.41 EPS.

Several other brokerages also recently weighed in on WPM. TD Securities increased their target price on shares of Wheaton Precious Metals from C$78.00 to C$83.00 and gave the stock a “buy” rating in a research note on Friday, March 14th. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. BMO Capital Markets raised Wheaton Precious Metals to a “strong-buy” rating in a report on Tuesday. CIBC increased their price target on Wheaton Precious Metals from C$85.00 to C$88.00 and gave the stock an “outperform” rating in a report on Friday, March 14th. Finally, Peel Hunt lifted their price objective on shares of Wheaton Precious Metals from C$95.00 to C$110.00 and gave the company a “buy” rating in a research report on Tuesday, March 11th. Six equities research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$100.43.

Wheaton Precious Metals Stock Performance

Shares of Wheaton Precious Metals stock opened at C$116.36 on Wednesday. The company has a market capitalization of C$36.90 billion, a P/E ratio of 60.55 and a beta of 0.70. Wheaton Precious Metals has a 1 year low of C$69.78 and a 1 year high of C$119.94. The company’s fifty day moving average is C$104.00 and its two-hundred day moving average is C$92.38.

Wheaton Precious Metals Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, April 11th were given a dividend of $0.165 per share. The ex-dividend date was Tuesday, April 1st. This represents a $0.66 annualized dividend and a dividend yield of 0.57%. Wheaton Precious Metals’s payout ratio is currently 43.71%.

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.