Zacks Research Brokers Reduce Earnings Estimates for TSE:WPM

Key Points

• Zacks Research lowered its FY2026 EPS estimate for Wheaton Precious Metals to $6.44 from $6.57, with additional reductions to several 2026–2028 quarterly and annual forecasts.
• Despite the estimate cuts, analysts remain broadly positive: WPM has a consensus “Buy” rating and an average price target of C$203.86.
• Wheaton reported C$1.69 in quarterly EPS on C$1.32 billion in revenue and recently paid a quarterly dividend of $0.195 per share, equivalent to a 0.4% annualized yield.

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Analysts at Zacks Research dropped their FY2026 earnings estimates for Wheaton Precious Metals in a report issued on Tuesday, October 27th. Zacks Research analyst Team now expects that the company will post earnings of $6.44 per share for the year, down from their previous forecast of $6.57. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share. Zacks Research also issued estimates for Wheaton Precious Metals' Q4 2026 earnings at $1.65 EPS, Q1 2027 earnings at $1.56 EPS, Q3 2027 earnings at $1.33 EPS, FY2027 earnings at $6.00 EPS, Q1 2028 earnings at $2.16 EPS, Q2 2028 earnings at $2.39 EPS, Q3 2028 earnings at $2.33 EPS and FY2028 earnings at $9.54 EPS.

Wheaton Precious Metals (TSE:WPM - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$1.69 EPS for the quarter. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 22.96%. The business had revenue of C$1.32 billion for the quarter.

Several other equities research analysts have also commented on the company. Peel Hunt cut their target price on Wheaton Precious Metals from C$220.00 to C$187.00 in a research report on Wednesday, July 29th. National Bank Financial raised their target price on Wheaton Precious Metals from C$205.00 to C$210.00 and gave the stock an "outperform" rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of C$203.86.

Wheaton Precious Metals Trading Up 0.1%

WPM stock opened at C$177.02 on Thursday. The stock has a 50-day moving average price of C$200.29 and a 200-day moving average price of C$185.92. Wheaton Precious Metals has a 1-year low of C$131.54 and a 1-year high of C$226.68. The firm has a market cap of C$80.40 billion, a PE ratio of 39.27 and a beta of 1.59.

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, September 3rd were given a dividend of $0.1950 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, August 20th. Wheaton Precious Metals's payout ratio is presently 15.97%.

Insider Transactions at Wheaton Precious Metals

In related news, insider Nikola Tatarkin sold 3,733 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of C$189.00, for a total transaction of C$705,537.00. Following the transaction, the insider directly owned 30,756 shares of the company's stock, valued at C$5,812,884. This represents a 10.82% decrease in their ownership of the stock. 0.13% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: Zacks raised its Q4 2027 EPS forecast to $1.53 from $1.50, providing a limited positive offset to the broader estimate reductions.
• Neutral Sentiment: The analyst’s current full-year earnings consensus remains listed at $2.47 per share. No new production, streaming-agreement, or operational developments were reported in these items; the news is focused entirely on analyst modeling.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate to $1.32 from $1.41 and reduced Q4 2026 EPS to $1.65 from $1.68. Its FY2026 forecast also fell to $6.44 from $6.57.
• Negative Sentiment: Estimates for FY2027 declined to $6.00 per share from $6.17, while Q1 2027 fell to $1.56 from $1.68 and Q3 2027 dropped to $1.33 from $1.41.
• Negative Sentiment: Longer-term estimates were also trimmed: Q1 2028 EPS decreased to $2.16 from $2.39, Q2 2028 to $2.39 from $2.41, and FY2028 to $9.54 from $9.81. The widespread cuts are likely weighing on WPM because they reduce expected future earnings and may temper valuation support.

Wheaton Precious Metals Company Profile

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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