Analysts Set Expectations for WPM Q1 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Stock analysts at Stifel Canada issued their Q1 2025 earnings estimates for shares of Wheaton Precious Metals in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst I. Rico expects that the company will post earnings per share of $0.50 for the quarter. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. Stifel Canada also issued estimates for Wheaton Precious Metals' FY2025 earnings at $2.14 EPS and FY2026 earnings at $2.50 EPS.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The company reported $0.44 EPS for the quarter, missing analysts' consensus estimates of $0.45 by ($0.01). Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. The business had revenue of $380.52 million during the quarter, compared to analysts' expectations of $395.74 million. During the same period in the prior year, the company posted $0.36 EPS. The company's revenue for the quarter was up 21.4% on a year-over-year basis.

WPM has been the subject of several other research reports. Royal Bank of Canada boosted their target price on shares of Wheaton Precious Metals from $75.00 to $80.00 and gave the stock a "sector perform" rating in a research report on Friday, April 4th. UBS Group raised their price objective on Wheaton Precious Metals from $78.00 to $89.00 and gave the stock a "buy" rating in a research note on Friday, April 11th. BMO Capital Markets initiated coverage on Wheaton Precious Metals in a research report on Wednesday, April 16th. They set an "outperform" rating and a $129.00 price objective for the company. Raymond James increased their target price on Wheaton Precious Metals from $88.00 to $90.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 15th. Finally, National Bankshares reiterated an "outperform" rating on shares of Wheaton Precious Metals in a research note on Wednesday. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $83.40.

Wheaton Precious Metals Stock Down 0.5 %

Shares of Wheaton Precious Metals stock traded down $0.38 on Wednesday, hitting $81.28. 657,781 shares of the company's stock traded hands, compared to its average volume of 1,644,377. The firm's 50-day moving average is $75.08 and its 200 day moving average is $66.44. The stock has a market cap of $36.88 billion, a P/E ratio of 60.63, a PEG ratio of 1.91 and a beta of 0.74. Wheaton Precious Metals has a 52-week low of $51.80 and a 52-week high of $87.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc acquired a new stake in Wheaton Precious Metals in the fourth quarter worth approximately $29,000. Promus Capital LLC bought a new stake in shares of Wheaton Precious Metals in the 4th quarter worth $32,000. NBT Bank N A NY lifted its holdings in shares of Wheaton Precious Metals by 129.3% in the first quarter. NBT Bank N A NY now owns 415 shares of the company's stock valued at $32,000 after buying an additional 234 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new position in Wheaton Precious Metals during the fourth quarter valued at about $38,000. Finally, Laurel Wealth Advisors LLC acquired a new position in Wheaton Precious Metals during the fourth quarter worth about $39,000. 70.34% of the stock is currently owned by institutional investors.

Wheaton Precious Metals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Tuesday, April 1st were given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.81%. This is an increase from Wheaton Precious Metals's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, April 1st. Wheaton Precious Metals's payout ratio is 56.90%.

Wheaton Precious Metals Company Profile

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.