Zacks Research Issues Pessimistic Forecast for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities researchers at Zacks Research lowered their Q3 2026 earnings estimates for Wheaton Precious Metals in a research note issued to investors on Tuesday, October 27th. Zacks Research analyst Team now anticipates that the company will earn $0.95 per share for the quarter, down from their previous forecast of $1.00. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.61 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q4 2026 earnings at $1.17 EPS, FY2026 earnings at $4.59 EPS, Q1 2027 earnings at $1.11 EPS, Q2 2027 earnings at $1.13 EPS and Q4 2027 earnings at $1.09 EPS.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.04. The company had revenue of $878.00 million during the quarter, compared to the consensus estimate of $879.29 million. During the same quarter last year, the firm earned $0.63 EPS. The business’s revenue for the quarter was up 84.7% on a year-over-year basis.

A number of other research analysts also recently issued reports on WPM. Berenberg Bank set a $157.00 target price on shares of Wheaton Precious Metals in a research report on Tuesday, July 28th. Scotiabank lowered their price target on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Bank of America lowered their price target on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Royal Bank Of Canada boosted their price target on shares of Wheaton Precious Metals from $160.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 16th. Finally, UBS Group increased their price target on Wheaton Precious Metals from $153.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 8th. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $172.11.

Wheaton Precious Metals Stock Up 3.0%

Shares of WPM opened at $125.99 on Wednesday. The stock’s fifty day simple moving average is $143.05 and its 200-day simple moving average is $133.98. Wheaton Precious Metals has a 12-month low of $92.57 and a 12-month high of $165.76.

Wheaton Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were given a dividend of $0.1950 per share. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, August 20th.

Institutional Trading of Wheaton Precious Metals

A number of institutional investors and hedge funds have recently modified their holdings of WPM. Cornerstone Planning Group LLC boosted its stake in Wheaton Precious Metals by 245.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock worth $29,000 after acquiring an additional 162 shares during the last quarter. Hollencrest Capital Management increased its stake in Wheaton Precious Metals by 73.5% in the first quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock valued at $31,000 after purchasing an additional 100 shares in the last quarter. Wellington Altus USA Inc. increased its stake in Wheaton Precious Metals by 446.7% in the second quarter. Wellington Altus USA Inc. now owns 328 shares of the company’s stock valued at $37,000 after purchasing an additional 268 shares in the last quarter. Latitude Advisors LLC acquired a new stake in Wheaton Precious Metals in the third quarter worth $37,000. Finally, Root Financial Partners LLC acquired a new stake in Wheaton Precious Metals in the third quarter worth $38,000. 70.34% of the stock is owned by institutional investors.

About Wheaton Precious Metals

Wheaton Precious Metals Corp. is a precious metals streaming company headquartered in Vancouver, British Columbia. Rather than operating mines directly, the company provides upfront financing to mining companies in exchange for the right to purchase a portion of the gold, silver, palladium and cobalt produced by specific mining operations at predetermined prices.

Wheaton sells the streamed metals to customers and uses the proceeds to support its operations and investments. Its portfolio is linked to mining assets operated by third parties, with exposure to projects in the Americas and other regions.