Edison Inv. Res Analysts Boost Earnings Estimates for WPM

Key Points

• Edison Investment Research raised Wheaton Precious Metals’ Q3 2026 EPS forecast to $0.94 from $0.89, while projecting $1.11 EPS for Q4 and $4.53 for full-year 2026.
• Wheaton reported quarterly EPS of $1.19, beating estimates by $0.04, while revenue reached $878 million and rose 84.7% year over year.
• Analyst sentiment remains positive, with 12 Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $165.55; the company also declared a $0.195 quarterly dividend.

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Edison Inv. Res upped their Q3 2026 earnings estimates for Wheaton Precious Metals in a note issued to investors on Friday, August 7th. Edison Inv. Res analyst L. Ashbourne now anticipates that the company will post earnings of $0.94 per share for the quarter, up from their prior forecast of $0.89. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $4.76 per share. Edison Inv. Res also issued estimates for Wheaton Precious Metals' Q4 2026 earnings at $1.11 EPS and FY2026 earnings at $4.53 EPS.

Several other equities analysts also recently commented on the company. Royal Bank Of Canada cut their target price on Wheaton Precious Metals from $165.00 to $160.00 and set an "outperform" rating for the company in a research report on Thursday, July 9th. Berenberg Bank set a $157.00 price target on Wheaton Precious Metals in a research report on Tuesday, July 28th. Wall Street Zen lowered Wheaton Precious Metals from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Weiss Ratings cut Wheaton Precious Metals from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, July 16th. Finally, Bank of America reduced their target price on shares of 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. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $165.55.

Wheaton Precious Metals Trading Up 0.7%

NYSE WPM opened at $134.37 on Wednesday. Wheaton Precious Metals has a 1-year low of $90.94 and a 1-year high of $165.76. The company has a market capitalization of $61.03 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 2.39 and a beta of 0.55. The stock's 50 day moving average is $115.33 and its two-hundred day moving average is $130.71.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.04. The firm had revenue of $878.00 million during the quarter, compared to analyst estimates of $879.29 million. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 22.61%. The company's quarterly revenue was up 84.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.63 earnings per share.

Wheaton Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 20th. Wheaton Precious Metals's payout ratio is presently 17.29%.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of large investors have recently bought and sold shares of WPM. Norges Bank bought a new position in Wheaton Precious Metals in the 4th quarter worth approximately $864,977,000. BlackRock Inc. acquired a new position in Wheaton Precious Metals during the 2nd quarter worth $581,250,000. Deutsche Bank AG bought a new position in Wheaton Precious Metals in the 2nd quarter valued at $310,372,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Wheaton Precious Metals by 40.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,912,588 shares of the company's stock valued at $694,951,000 after buying an additional 1,715,540 shares during the period. Finally, Van ECK Associates Corp increased its stake in shares of Wheaton Precious Metals by 10.7% in the 4th quarter. Van ECK Associates Corp now owns 14,469,877 shares of the company's stock valued at $1,700,517,000 after buying an additional 1,402,092 shares during the period. 70.34% of the stock is currently owned by institutional investors.

About Wheaton Precious Metals

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.

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