Zacks Research Issues Positive Estimate for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Research analysts at Zacks Research boosted their Q2 2026 earnings per share estimates for shares of Wheaton Precious Metals in a report released on Thursday, June 18th. Zacks Research analyst Team now expects that the company will earn $1.12 per share for the quarter, up from their previous forecast of $1.07. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.98 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2026 earnings at $1.13 EPS, Q4 2026 earnings at $1.12 EPS, FY2026 earnings at $4.65 EPS, Q1 2027 earnings at $1.10 EPS, Q2 2027 earnings at $1.12 EPS, Q3 2027 earnings at $1.25 EPS, Q4 2027 earnings at $1.41 EPS, FY2027 earnings at $4.88 EPS, Q1 2028 earnings at $0.95 EPS and FY2028 earnings at $4.48 EPS.

Other research analysts have also issued reports about the stock. TD Cowen increased 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. UBS Group raised shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 price objective on the stock in a research report on Friday, March 27th. BMO Capital Markets started coverage on Wheaton Precious Metals in a research report on Thursday, April 9th. They issued an “outperform” rating and a $240.00 target price for the company. Scotiabank boosted their target price on Wheaton Precious Metals from $178.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Finally, TD Securities upped their price target on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Thirteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $155.64.

Wheaton Precious Metals Stock Down 2.6%

Shares of WPM stock opened at $122.60 on Friday. The firm has a 50 day moving average of $132.00 and a 200-day moving average of $132.47. The company has a market cap of $55.68 billion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 2.37 and a beta of 0.51. Wheaton Precious Metals has a 52 week low of $85.59 and a 52 week high of $165.76.

Wheaton Precious Metals (NYSE:WPM) last issued its earnings results on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The business had revenue of $901.47 million during the quarter, compared to the consensus estimate of $868.35 million. During the same period in the previous year, the company posted $0.55 earnings per share. The firm’s revenue for the quarter was up 91.7% on a year-over-year basis.

Wheaton Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were paid a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Wednesday, May 27th. Wheaton Precious Metals’s payout ratio is 19.70%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Rathbones Group PLC grew its holdings in shares of Wheaton Precious Metals by 27.2% during the first quarter. Rathbones Group PLC now owns 19,205 shares of the company’s stock valued at $2,514,000 after buying an additional 4,107 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Wheaton Precious Metals by 18.8% during the first quarter. NewEdge Advisors LLC now owns 40,742 shares of the company’s stock worth $5,338,000 after acquiring an additional 6,445 shares in the last quarter. Axiom Investment Management LLC acquired a new stake in shares of Wheaton Precious Metals in the 1st quarter worth about $445,000. Groupama Asset Managment raised its holdings in shares of Wheaton Precious Metals by 10.2% in the 1st quarter. Groupama Asset Managment now owns 43,930 shares of the company’s stock worth $5,755,000 after acquiring an additional 4,051 shares during the last quarter. Finally, WNY Asset Management LLC bought a new position in Wheaton Precious Metals in the 1st quarter valued at about $944,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

Key Stories Impacting Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research raised its earnings estimates across several periods, including FY2026, FY2027, FY2028, and multiple quarterly forecasts, which signals improved profitability expectations for Wheaton Precious Metals. Wheaton Precious Metals stock page
• Neutral Sentiment: Despite the higher estimates, Zacks Research kept a Hold rating on WPM, suggesting the firm does not see a near-term catalyst strong enough to warrant a more bullish stance. Wheaton Precious Metals stock page
• Neutral Sentiment: The updated forecasts still sit below the current consensus full-year EPS estimate of $4.98, which may limit the stock’s upside from this news alone. Wheaton Precious Metals stock page
• Negative Sentiment: The broader reaction may be restrained because the analyst action was limited to estimate revisions, not a rating upgrade or a new company-specific catalyst that would strongly re-rate the shares. Wheaton Precious Metals stock page

Wheaton Precious Metals Company Profile

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.