Wheaton Precious Metals (NYSE:WPM) Posts Earnings Results, Beats Estimates By $0.04 EPS

Wheaton Precious Metals (NYSE:WPM) issued its quarterly earnings data on Thursday. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04, Zacks reports. The company had revenue of $901.47 million during the quarter, compared to the consensus estimate of $868.35 million. Wheaton Precious Metals had a return on equity of 20.87% and a net margin of 65.55%.The firm’s revenue was up 91.7% compared to the same quarter last year. During the same period last year, the company earned $0.55 earnings per share.

Wheaton Precious Metals Stock Performance

Shares of WPM stock traded up $7.43 during trading hours on Friday, hitting $138.99. 2,976,946 shares of the company were exchanged, compared to its average volume of 2,218,524. The company has a 50 day simple moving average of $138.97 and a two-hundred day simple moving average of $126.88. The firm has a market cap of $63.12 billion, a P/E ratio of 35.10, a P/E/G ratio of 2.54 and a beta of 0.50. Wheaton Precious Metals has a fifty-two week low of $75.42 and a fifty-two week high of $165.76.

Wheaton Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.195 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 24.07%.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of large investors have recently bought and sold shares of WPM. Sivia Capital Partners LLC acquired a new stake in shares of Wheaton Precious Metals in the 2nd quarter valued at about $239,000. Quattro Advisors LLC acquired a new position in Wheaton Precious Metals during the 4th quarter worth approximately $124,000. Ancora Advisors LLC boosted its holdings in Wheaton Precious Metals by 1,115.0% in the third quarter. Ancora Advisors LLC now owns 1,215 shares of the company’s stock worth $136,000 after acquiring an additional 1,115 shares in the last quarter. Synergy Financial Group LTD acquired a new stake in Wheaton Precious Metals in the second quarter valued at approximately $206,000. Finally, Smartleaf Asset Management LLC grew its stake in Wheaton Precious Metals by 19.7% in the second quarter. Smartleaf Asset Management LLC now owns 1,722 shares of the company’s stock valued at $150,000 after acquiring an additional 284 shares during the period. 70.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WPM has been the subject of a number of recent analyst reports. Zacks Research downgraded shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. TD Cowen increased their price objective on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. TD Securities lifted their target price on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Wall Street Zen lowered shares of Wheaton Precious Metals from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 28th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Thirteen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $155.45.

Key Stories Impacting Wheaton Precious Metals

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

• Positive Sentiment: Wheaton Precious Metals reported record quarterly revenue, earnings and cash flow, signaling strong operating momentum and better-than-expected performance across key assets. Record Revenue, Earnings and Cash Flow Press Release
• Positive Sentiment: The company beat Wall Street estimates on both earnings and revenue, with EPS of $1.28 versus expectations around $1.24 to $1.15 depending on the source, which supports investor enthusiasm. Earnings Report
• Positive Sentiment: The board declared a quarterly dividend of $0.195 per share, an 18% increase from the prior-year quarterly dividend, reinforcing the company’s cash-generation story. Dividend Declaration
• Positive Sentiment: Management announced the Antamina silver stream with BHP, described as the largest transaction in Wheaton’s history, which could expand future production and growth visibility. Q1 2026 Earnings Transcript
• Neutral Sentiment: Earlier commentary noted that the stock had already seen strong recent momentum heading into the earnings release, so part of the move may reflect existing bullish sentiment rather than the quarter alone. Valuation After Share Price Momentum

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.