Scotiabank Has Bullish Forecast for WPM FY2025 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities researchers at Scotiabank lifted their FY2025 EPS estimates for Wheaton Precious Metals in a note issued to investors on Thursday, March 12th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings per share of $2.93 for the year, up from their previous forecast of $2.75. Scotiabank has a “Outperform” rating and a $175.00 price objective on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2026 earnings at $4.21 EPS.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.31. Wheaton Precious Metals had a return on equity of 13.32% and a net margin of 54.72%.The company had revenue of $864.71 million for the quarter, compared to analyst estimates of $719.59 million. During the same quarter last year, the firm posted $0.44 EPS. The firm’s revenue for the quarter was up 127.3% on a year-over-year basis.

A number of other equities analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wheaton Precious Metals in a research report on Monday, December 29th. Zacks Research cut Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Jefferies Financial Group reiterated a “buy” rating and set a $145.00 target price on shares of Wheaton Precious Metals in a research note on Sunday, December 7th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Wheaton Precious Metals in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $115.00 to $130.00 in a research note on Wednesday, December 10th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.44.

Wheaton Precious Metals Price Performance

Shares of WPM stock opened at $145.95 on Friday. Wheaton Precious Metals has a 12 month low of $68.03 and a 12 month high of $165.76. The company has a market capitalization of $66.27 billion, a PE ratio of 66.34, a price-to-earnings-growth ratio of 2.22 and a beta of 0.50. The firm’s 50-day moving average is $142.48 and its two-hundred day moving average is $119.02.

Institutional Investors Weigh In On Wheaton Precious Metals

Several institutional investors have recently made changes to their positions in WPM. TD Waterhouse Canada Inc. grew its position in Wheaton Precious Metals by 9.4% during the third quarter. TD Waterhouse Canada Inc. now owns 809,093 shares of the company’s stock worth $89,886,000 after buying an additional 69,496 shares during the period. J. Safra Sarasin Holding AG lifted its position in shares of Wheaton Precious Metals by 38.5% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 68,485 shares of the company’s stock valued at $7,659,000 after acquiring an additional 19,050 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Wheaton Precious Metals during the 3rd quarter valued at approximately $11,355,000. West Family Investments Inc. purchased a new stake in shares of Wheaton Precious Metals during the 2nd quarter worth approximately $247,000. Finally, Norges Bank purchased a new stake in shares of Wheaton Precious Metals during the 2nd quarter worth approximately $656,463,000. 70.34% of the stock is currently owned by hedge funds and other institutional investors.

More Wheaton Precious Metals News

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

• Positive Sentiment: Q4 and full‑year 2025 results beat expectations — Company posted $1.22 EPS for the quarter (vs. ~\$0.91 estimate) and record annual revenue, earnings and operating cash flow; management highlighted strong contributions from key assets and production outperformance. Record Annual Results
• Positive Sentiment: Dividend increase — Board declared first quarterly 2026 dividend of US$0.195 per share, an 18% increase versus prior quarter, reinforcing cash-flow strength and shareholder returns. Dividend Declaration
• Positive Sentiment: Analyst support and upward revisions — Scotiabank raised FY2025 and FY2026 EPS forecasts (FY25 to $2.93, FY26 to $4.21) and maintains an Outperform rating with a $175 target, signaling confidence in earnings trajectory; RBC reiterated a Buy rating. (Analyst notes cited in recent market coverage.)
• Positive Sentiment: Sustainability & production catalysts — Company awarded $1M to Cetos Water for wastewater‑recycling tech and is positioned for silver production growth, items that can reduce operating risk and support longer‑term free cash flow. Sustainability Article
• Neutral Sentiment: Analyst and media writeups provide context but no new guidance — Coverage from Zacks and others reiterates that headline metrics beat estimates and examines key ratios and drivers; helpful for modeling but not a catalyst by itself. Zacks Coverage
• Negative Sentiment: Shares are trading lower today — Despite strong fundamentals and analyst support, the stock is down in the session, likely reflecting short‑term profit taking, metal price movements or rotation away from defensives/precious‑metals exposure.

About Wheaton Precious Metals

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.