TSE:WPM Stock Earnings Estimates Reduced by Zacks Research

Wheaton Precious Metals Corp. (TSE:WPM) – Stock analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for shares of Wheaton Precious Metals in a report released on Thursday, September 24th. Zacks Research analyst Team now expects that the company will post earnings per share of $1.41 for the quarter, down from their prior forecast of $1.45. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

Other equities research analysts also recently issued reports about the stock. National Bank Financial lifted their price objective on shares of Wheaton Precious Metals from C$205.00 to C$210.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Peel Hunt reduced their target price on Wheaton Precious Metals from C$220.00 to C$187.00 in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$203.86.

Wheaton Precious Metals Stock Down 0.7%

Shares of Wheaton Precious Metals stock opened at C$203.53 on Friday. Wheaton Precious Metals has a 52 week low of C$129.69 and a 52 week high of C$226.68. The firm has a market capitalization of C$92.44 billion, a P/E ratio of 45.15 and a beta of 1.61. The company has a 50 day moving average price of C$191.37 and a 200 day moving average price of C$182.26.

Wheaton Precious Metals (TSE:WPM) last announced its earnings results on Thursday, August 6th. The company reported C$1.69 earnings per share (EPS) for the quarter. The company had revenue of C$1.32 billion for the quarter. Wheaton Precious Metals had a return on equity of 22.96% and a net margin of 64.66%.

Wheaton Precious Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, September 3rd were issued a dividend of $0.1950 per share. This represents a $0.78 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, August 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is 15.97%.

Insider Transactions at Wheaton Precious Metals

In other Wheaton Precious Metals news, insider Nikola Tatarkin sold 3,733 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of C$189.00, for a total value of C$705,537.00. Following the sale, the insider directly owned 30,756 shares of the company’s stock, valued at approximately C$5,812,884. This represents a 10.82% decrease in their ownership of the stock. 0.13% of the stock is owned by corporate insiders.

About Wheaton Precious Metals

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.