Zacks Research Has Negative Forecast for TSE:WPM Q3 Earnings

Key Points

• Zacks Research lowered its Q3 2026 EPS forecast for Wheaton Precious Metals to $1.41 from $1.45; analysts expect full-year EPS of $2.47.
• Wheaton recently reported C$1.69 quarterly EPS on C$1.32 billion in revenue, with a 64.66% net margin and 22.96% return on equity.
• Analyst sentiment remains positive, with the stock carrying an average “Buy” rating and a C$203.86 average price target, while shares recently opened at C$203.53.

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Analysts at Zacks Research cut their Q3 2026 EPS estimates for shares of Wheaton Precious Metals in a research report issued on Thursday, September 24th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.41 for the quarter, down from their previous forecast of $1.45. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share.

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

Several other equities research analysts have also recently weighed in on WPM. National Bank Financial upped their target price on Wheaton Precious Metals from C$205.00 to C$210.00 and gave the stock an "outperform" rating in a report on Monday, August 10th. Peel Hunt decreased their price objective on Wheaton Precious Metals from C$220.00 to C$187.00 in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$203.86.

Wheaton Precious Metals Stock Down 0.7%

WPM opened at C$203.53 on Friday. The stock's fifty day moving average is C$191.37 and its two-hundred day moving average is C$182.26. The company has a market capitalization of C$92.44 billion, a P/E ratio of 45.15 and a beta of 1.61. Wheaton Precious Metals has a 52 week low of C$129.69 and a 52 week high of C$226.68.

Insider Activity at Wheaton Precious Metals

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

Wheaton Precious Metals Announces Dividend

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

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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