What is Scotiabank’s Estimate for TSE:WPM FY2025 Earnings?

Wheaton Precious Metals Corp. (TSE:WPM) – Research analysts at Scotiabank raised their FY2025 EPS estimates for shares of Wheaton Precious Metals in a research note issued to investors on Wednesday, March 11th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $3.98 for the year, up from their prior estimate of $3.72. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

Several other research firms have also recently issued reports on WPM. Canaccord Genuity Group upped their price objective on Wheaton Precious Metals from C$220.00 to C$235.00 in a research report on Tuesday, February 17th. TD Securities boosted their price target on Wheaton Precious Metals from C$164.00 to C$165.00 and gave the stock a “buy” rating in a research note on Monday. Peel Hunt upped their price target on Wheaton Precious Metals from C$165.00 to C$240.00 in a report on Monday, February 2nd. National Bank Financial increased their price objective on Wheaton Precious Metals from C$240.00 to C$245.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Royal Bank Of Canada raised Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 target price for the company in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$197.86.

Wheaton Precious Metals Stock Down 0.8%

Shares of WPM opened at C$190.62 on Monday. Wheaton Precious Metals has a twelve month low of C$96.18 and a twelve month high of C$226.68. The company has a market capitalization of C$86.54 billion, a P/E ratio of 86.53 and a beta of 1.08. The firm has a 50 day moving average of C$196.20 and a 200 day moving average of C$165.64.

Wheaton Precious Metals (TSE:WPM) last issued its earnings results on Thursday, March 12th. The company reported C$1.64 earnings per share (EPS) for the quarter. Wheaton Precious Metals had a net margin of 63.59% and a return on equity of 18.53%. The firm had revenue of C$1.16 billion for the quarter.

About Wheaton Precious Metals

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Wheaton currently has streaming agreements for 21 operating mines and 13 development stage projects. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and a silver stream on Newmont’s Penasquito mine.