Edison Inv. Res Has Pessimistic View of TSE:WPM Q3 Earnings

Key Points

• Edison Investment Research cut its Q3 2026 EPS estimate for Wheaton Precious Metals to $1.25 from $1.89. The firm projects $1.40 EPS for Q4 2026 and $6.09 for full-year 2026, below the current full-year consensus estimate of $2.47.
• Analyst sentiment remains positive overall, with one Strong Buy and seven Buy ratings, producing a consensus “Buy” rating and a C$199 price target. However, Peel Hunt recently reduced its target to C$187, while Stifel and BMO raised theirs to C$250.
• Wheaton shares opened at C$153.93, down 0.4%, with a market capitalization of about C$69.9 billion. The company recently reported C$1.78 quarterly EPS, declared a C$0.195 quarterly dividend, and an insider increased holdings by purchasing 225 shares.

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Stock analysts at Edison Inv. Res decreased their Q3 2026 earnings per share estimates for shares of Wheaton Precious Metals in a research note issued to investors on Tuesday, July 28th. Edison Inv. Res analyst L. Ashbourne now expects that the company will post earnings per share of $1.25 for the quarter, down from their prior forecast of $1.89. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share. Edison Inv. Res also issued estimates for Wheaton Precious Metals' Q4 2026 earnings at $1.40 EPS and FY2026 earnings at $6.09 EPS.

Several other equities research analysts have also issued reports on the stock. Peel Hunt dropped their price objective on shares of Wheaton Precious Metals from C$220.00 to C$187.00 in a research report on Wednesday. Stifel Nicolaus lifted their target price on shares of Wheaton Precious Metals from C$240.00 to C$250.00 and gave the company a "buy" rating in a report on Wednesday, April 15th. Finally, BMO Capital Markets upped their price target on shares of Wheaton Precious Metals from C$240.00 to C$250.00 in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of C$199.00.

Wheaton Precious Metals Stock Down 0.4%

Shares of WPM stock opened at C$153.93 on Thursday. The stock has a market cap of C$69.90 billion, a price-to-earnings ratio of 38.90 and a beta of 1.40. Wheaton Precious Metals has a fifty-two week low of C$125.08 and a fifty-two week high of C$226.68. The firm's 50 day moving average price is C$163.73 and its two-hundred day moving average price is C$181.69.

Wheaton Precious Metals (TSE:WPM - Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported C$1.78 earnings per share (EPS) for the quarter. The business had revenue of C$1.25 billion during the quarter. Wheaton Precious Metals had a return on equity of 21.32% and a net margin of 65.55%.

Wheaton Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, June 9th were issued a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, May 27th. Wheaton Precious Metals's dividend payout ratio is currently 17.44%.

Insiders Place Their Bets

In other news, insider Vincent Chun Yip Lau acquired 225 shares of the stock in a transaction on Friday, May 15th. The stock was bought at an average price of C$176.85 per share, with a total value of C$39,791.25. Following the completion of the transaction, the insider directly owned 1,065 shares of the company's stock, valued at C$188,345.25. The trade was a 26.79% increase in their ownership of the stock. 0.13% of the stock is currently owned by corporate insiders.

About Wheaton Precious Metals

Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.

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