Zacks Research Issues Optimistic Outlook for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Research analysts at Zacks Research increased their Q2 2027 earnings per share (EPS) estimates for Wheaton Precious Metals in a research report issued on Thursday, September 24th. Zacks Research analyst Team now expects that the company will post earnings per share of $1.12 for the quarter, up from their prior forecast of $1.10. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.79 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2027 earnings at $1.00 EPS, Q4 2027 earnings at $1.06 EPS, FY2027 earnings at $4.38 EPS, Q1 2028 earnings at $1.70 EPS, Q2 2028 earnings at $1.71 EPS and FY2028 earnings at $6.96 EPS.

A number of other equities analysts have also commented on the stock. Scotiabank reduced their target price on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. Royal Bank Of Canada boosted their price target on Wheaton Precious Metals from $160.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, September 16th. Bank of America dropped their price objective on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. UBS Group reduced their price objective on Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Finally, Weiss Ratings raised Wheaton Precious Metals from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 24th. Eleven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $166.00.

Wheaton Precious Metals Trading Down 0.2%

Shares of WPM opened at $135.32 on Monday. The firm has a market capitalization of $61.46 billion, a price-to-earnings ratio of 30.00, a PEG ratio of 2.40 and a beta of 0.60. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.47 and a quick ratio of 0.47. Wheaton Precious Metals has a 1-year low of $92.57 and a 1-year high of $165.76. The company has a 50-day moving average of $139.33 and a 200 day moving average of $130.98.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. The firm had revenue of $878.00 million for the quarter, compared to analysts’ expectations of $879.29 million. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. The business’s revenue for the quarter was up 84.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.63 earnings per share.

Hedge Funds Weigh In On Wheaton Precious Metals

Several institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC boosted its position in Wheaton Precious Metals by 245.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock valued at $29,000 after acquiring an additional 162 shares in the last quarter. Harvest Fund Management Co. Ltd raised its position in shares of Wheaton Precious Metals by 100.0% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock worth $27,000 after acquiring an additional 117 shares in the last quarter. Hollencrest Capital Management lifted its stake in shares of Wheaton Precious Metals by 73.5% during the 1st quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock worth $31,000 after purchasing an additional 100 shares during the last quarter. Wellington Altus USA Inc. boosted its position in Wheaton Precious Metals by 446.7% during 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. Finally, Harbor Investment Advisory LLC bought a new stake in Wheaton Precious Metals during the second quarter valued at about $51,000. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wheaton Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were paid a dividend of $0.1950 per share. The ex-dividend date was Thursday, August 20th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 17.29%.

Wheaton Precious Metals Company Profile

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

Wheaton’s streaming portfolio is supported by agreements with mining operations in the Americas and other regions, including Canada, the United States, Mexico, Peru, Brazil and Chile.