TSE:WPM FY2026 EPS Decreased by Raymond James Financial

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Analysts at Raymond James Financial lowered their FY2026 earnings per share estimates for shares of Wheaton Precious Metals in a note issued to investors on Monday, July 14th. Raymond James Financial analyst B. Macarthur now forecasts that the company will post earnings of $3.12 per share for the year, down from their prior forecast of $3.22. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share.

A number of other research firms also recently weighed in on WPM. Canaccord Genuity Group boosted their target price on Wheaton Precious Metals from C$131.00 to C$134.00 in a research report on Tuesday, June 10th. BMO Capital Markets upgraded Wheaton Precious Metals to a "strong-buy" rating in a research report on Tuesday, April 15th. Finally, Stifel Nicolaus boosted their target price on Wheaton Precious Metals from C$107.00 to C$141.00 in a research report on Monday, April 21st. Five research analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$109.50.

Wheaton Precious Metals Trading Down 0.9%

Shares of WPM traded down C$1.12 during trading hours on Thursday, reaching C$121.23. 545,024 shares of the company's stock traded hands, compared to its average volume of 757,840. The stock has a market cap of C$38.45 billion, a PE ratio of 63.08 and a beta of 0.70. The firm's 50 day simple moving average is C$120.69 and its 200-day simple moving average is C$107.93. Wheaton Precious Metals has a 12 month low of C$72.93 and a 12 month high of C$129.87.

Wheaton Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Tuesday, June 10th were paid a $0.165 dividend. The ex-dividend date was Wednesday, May 28th. This represents a $0.66 annualized dividend and a yield of 0.54%. Wheaton Precious Metals's payout ratio is 43.71%.

About Wheaton Precious Metals

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.