NYSE:WPM

Wheaton Precious Metals (WPM) Stock Price, News & Analysis

$54.57
-0.37 (-0.67%)
(As of 05/13/2024 ET)
Today's Range
$54.09
$54.99
50-Day Range
$42.72
$55.78
52-Week Range
$38.37
$57.33
Volume
1.34 million shs
Average Volume
1.86 million shs
Market Capitalization
$24.74 billion
P/E Ratio
41.98
Dividend Yield
1.14%
Price Target
$54.30

Wheaton Precious Metals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
0.5% Downside
$54.30 Price Target
Short Interest
Healthy
4.06% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.48
Upright™ Environmental Score
News Sentiment
1.26mentions of Wheaton Precious Metals in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.29%
From $1.26 to $1.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.05 out of 5 stars

Basic Materials Sector

133rd out of 534 stocks

Gold & Silver Ores Industry

13th out of 114 stocks

WPM stock logo

About Wheaton Precious Metals Stock (NYSE:WPM)

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

WPM Stock Price History

WPM Stock News Headlines

WPM:CA Wheaton Precious Metals Corp.
5 Most Profitable Gold Stocks To Invest In
WPM Apr 2024 42.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
4/02/2024
Dividend Payable
4/15/2024
Last Earnings
5/09/2024
Today
5/14/2024
Ex-Dividend for 6/11 Dividend
5/29/2024
Dividend Payable
6/11/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
42
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$54.30
High Stock Price Target
$70.00
Low Stock Price Target
$37.00
Potential Upside/Downside
-0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$537.64 million
Pretax Margin
53.06%

Debt

Sales & Book Value

Annual Sales
$1.02 billion
Cash Flow
$1.64 per share
Book Value
$15.42 per share

Miscellaneous

Free Float
N/A
Market Cap
$24.74 billion
Optionable
Optionable
Beta
0.75
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Key Executives


WPM Stock Analysis - Frequently Asked Questions

Should I buy or sell Wheaton Precious Metals stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WPM shares.
View WPM analyst ratings
or view top-rated stocks.

What is Wheaton Precious Metals' stock price target for 2024?

9 brokers have issued 1-year target prices for Wheaton Precious Metals' stock. Their WPM share price targets range from $37.00 to $70.00. On average, they predict the company's stock price to reach $54.30 in the next twelve months. This suggests that the stock has a possible downside of 0.5%.
View analysts price targets for WPM
or view top-rated stocks among Wall Street analysts.

How have WPM shares performed in 2024?

Wheaton Precious Metals' stock was trading at $49.34 on January 1st, 2024. Since then, WPM shares have increased by 10.6% and is now trading at $54.57.
View the best growth stocks for 2024 here
.

When is Wheaton Precious Metals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our WPM earnings forecast
.

How were Wheaton Precious Metals' earnings last quarter?

Wheaton Precious Metals Corp. (NYSE:WPM) issued its quarterly earnings results on Thursday, May, 9th. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.07. The company had revenue of $296.80 million for the quarter, compared to analysts' expectations of $278.95 million. Wheaton Precious Metals had a net margin of 53.74% and a trailing twelve-month return on equity of 8.59%. The firm's revenue was up 38.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 EPS.

How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals?

Wheaton Precious Metals declared a quarterly dividend on Thursday, May 9th. Investors of record on Wednesday, May 29th will be paid a dividend of $0.155 per share on Tuesday, June 11th. This represents a $0.62 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend is Wednesday, May 29th.
Read our dividend analysis for WPM
.

Is Wheaton Precious Metals a good dividend stock?

Wheaton Precious Metals (NYSE:WPM) pays an annual dividend of $0.62 per share and currently has a dividend yield of 1.13%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 43.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WPM.

What other stocks do shareholders of Wheaton Precious Metals own?
Who are Wheaton Precious Metals' major shareholders?

Wheaton Precious Metals' stock is owned by many different retail and institutional investors. Top institutional investors include First Eagle Investment Management LLC (4.72%), Van ECK Associates Corp (4.37%), Vanguard Group Inc. (3.70%), Mirae Asset Global Investments Co. Ltd. (1.25%), TD Asset Management Inc (1.07%) and National Bank of Canada FI (0.79%). Insiders that own company stock include Chantal Gosselin, Curzio Domenico Bernardi, Douglas Martin Holtby, Eduardo Luna, Gary Duncan Brown, Haytham Henry Hodaly, John Brough, Patrick Eugene Drouin and Randy Smallwood.
View institutional ownership trends
.

How do I buy shares of Wheaton Precious Metals?

Shares of WPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WPM) was last updated on 5/14/2024 by MarketBeat.com Staff

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