Wheaton Precious Metals (NYSE:WPM) Releases Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Wheaton Precious Metals reported quarterly EPS of $0.90, missing the $0.91 consensus, and revenue of $771.7 million, below estimates of $787.1 million. Revenue nevertheless rose 62% year over year, and adjusted net earnings increased 46%.
• The company declared a quarterly dividend of $0.195 per share, payable December 3, representing a 0.6% yield.
• Analysts maintain a generally positive outlook: MarketBeat reported a “Moderate Buy” consensus and an average price target of $167.90.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.01), Zacks reports. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. The company had revenue of $771.73 million during the quarter, compared to analyst estimates of $787.10 million.

Wheaton Precious Metals Trading Up 2.8%

Shares of WPM stock traded up $3.74 during trading on Friday, hitting $136.20. 2,089,341 shares of the stock traded hands, compared to its average volume of 1,683,745. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.47 and a quick ratio of 0.47. The firm has a market capitalization of $61.86 billion, a P/E ratio of 29.61, a price-to-earnings-growth ratio of 2.33 and a beta of 0.56. The firm's fifty day moving average price is $138.57 and its 200-day moving average price is $133.73. Wheaton Precious Metals has a 52-week low of $96.14 and a 52-week high of $165.76.

Wheaton Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 19th will be 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 is Thursday, November 19th. Wheaton Precious Metals's dividend payout ratio is 17.29%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on WPM. Raymond James Financial reaffirmed an "outperform" rating and issued a $180.00 price target on shares of Wheaton Precious Metals in a report on Friday. Berenberg Bank reiterated a "buy" rating and set a $157.00 target price (down from $160.00) on shares of Wheaton Precious Metals in a research report on Thursday, September 17th. Scotiabank decreased their price objective on Wheaton Precious Metals from $180.00 to $175.00 and set a "sector outperform" rating for the company in a report on Tuesday, July 14th. Royal Bank Of Canada lifted their target price on Wheaton Precious Metals from $160.00 to $165.00 and gave the company an "outperform" rating in a research report on Wednesday, September 16th. Finally, UBS Group increased their price objective on Wheaton Precious Metals from $153.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, October 8th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, Wheaton Precious Metals presently has a consensus rating of "Moderate Buy" and a consensus target price of $167.90.

Wheaton Precious Metals News Summary

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

• Positive Sentiment: Q3 revenue rose 62% year over year to about US$772 million, while adjusted net earnings increased 46%. Wheaton also reported record year-to-date production, sales volume, revenue, earnings and cash flow, and said it remains on track to meet annual production guidance. Q3 2026 results
• Positive Sentiment: The company declared a quarterly dividend of US$0.195 per share, an 18% increase from the same 2025 payment. The dividend supports investor returns, though its 0.6% indicated yield is modest. Dividend declaration
• Positive Sentiment: Peel Hunt retained its Buy rating and C$187 price target, citing a better-than-expected quarter. Wheaton also reported growth-project milestones, including first gold pour at Montage Gold’s Koné project and construction approval for Hudbay’s Copper World. Peel Hunt commentary
• Neutral Sentiment: UBS lowered its price target to $155 from $160 but maintained its Buy rating, indicating a modestly more cautious valuation view without a change in its overall recommendation. UBS price target update
• Negative Sentiment: Despite strong growth from a year earlier, Q3 EPS of $0.90 and revenue of $771.7 million fell short of consensus estimates of $0.91 and $787.1 million, respectively. Scotiabank also cut its 2026 EPS forecast to $4.65 from $4.83, although it kept a Sector Outperform rating and $175 target. Q3 estimate miss

Wheaton Precious Metals Company Profile

Wheaton Precious Metals is a precious metals streaming company that provides mining companies with upfront financing in exchange for the right to purchase a portion of the metals produced by their mines. Its streams cover gold and silver, as well as smaller amounts of palladium and cobalt.

Rather than operating mines itself, Wheaton works with mining companies around the world. Under its agreements, it typically makes an initial payment and additional payments for metals delivered, giving it exposure to mine production without directly managing mining operations.

The company was founded as Silver Wheaton in 2004 and adopted the Wheaton Precious Metals name in 2017.

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