Edison Inv. Res Issues Optimistic Outlook for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Edison Inv. Res boosted their Q1 2025 earnings estimates for shares of Wheaton Precious Metals in a report released on Monday, April 21st. Edison Inv. Res analyst C. Gibson now expects that the company will post earnings per share of $0.50 for the quarter, up from their prior estimate of $0.40. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. Edison Inv. Res also issued estimates for Wheaton Precious Metals' Q2 2025 earnings at $0.47 EPS, Q3 2026 earnings at $0.63 EPS and FY2026 earnings at $1.53 EPS.

Several other research analysts have also weighed in on WPM. Royal Bank of Canada upped their price objective on shares of Wheaton Precious Metals from $75.00 to $80.00 and gave the company a "sector perform" rating in a research note on Friday, April 4th. Stifel Canada raised shares of Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Raymond James increased their price objective on Wheaton Precious Metals from $88.00 to $90.00 and gave the stock an "outperform" rating in a report on Tuesday, April 15th. BMO Capital Markets assumed coverage on Wheaton Precious Metals in a research note on Wednesday, April 16th. They issued an "outperform" rating and a $129.00 target price on the stock. Finally, Scotiabank raised their price target on Wheaton Precious Metals from $79.00 to $87.00 and gave the stock a "sector outperform" rating in a research note on Monday, April 14th. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $83.40.

Wheaton Precious Metals Trading Down 0.5 %

NYSE:WPM 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 has a 50-day moving average price of $75.08 and a 200-day moving average price of $66.44. The company has a market cap of $36.88 billion, a PE ratio of 60.63, a price-to-earnings-growth ratio of 1.91 and a beta of 0.74. Wheaton Precious Metals has a 1 year low of $51.80 and a 1 year high of $87.42.

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

Institutional Investors Weigh In On Wheaton Precious Metals

A number of large investors have recently added to or reduced their stakes in the stock. Barclays PLC boosted its holdings in shares of Wheaton Precious Metals by 9.9% during the 3rd quarter. Barclays PLC now owns 315,914 shares of the company's stock worth $19,297,000 after buying an additional 28,485 shares during the period. Virtu Financial LLC bought a new stake in Wheaton Precious Metals during the 3rd quarter valued at approximately $284,000. Te Ahumairangi Investment Management Ltd boosted its stake in Wheaton Precious Metals by 1.0% during the 3rd quarter. Te Ahumairangi Investment Management Ltd now owns 67,392 shares of the company's stock valued at $4,097,000 after purchasing an additional 668 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Wheaton Precious Metals in the 3rd quarter valued at approximately $1,832,000. Finally, Tidal Investments LLC increased its position in Wheaton Precious Metals by 1.1% in the 3rd quarter. Tidal Investments LLC now owns 791,938 shares of the company's stock worth $48,372,000 after buying an additional 8,399 shares during the period. Institutional investors own 70.34% of the company's stock.

Wheaton Precious Metals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Tuesday, April 1st were paid a $0.165 dividend. 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 was Tuesday, April 1st. Wheaton Precious Metals's dividend payout ratio (DPR) is presently 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.