Wheaton Precious Metals (WPM) Stock Price, News & Analysis

Company Overview

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions. Wheaton’s streams entitle it to receive physical deliveries of metal or the cash equivalent under contract terms, and the company works with a range of producing and development-stage mining operations to secure these streams. Its portfolio spans a variety of geographies where precious metals are mined, providing exposure to different mines, ore types and regional operating environments without direct ownership or responsibility for mine operations.

Wheaton Precious Metals was originally founded under the name Silver Wheaton and adopted its current name to reflect a broader focus on precious metals. Headquartered in Vancouver, British Columbia, the company is managed by an experienced executive team and board with expertise in mining finance and metals markets; Randy Smallwood has served as president and chief executive officer. Wheaton’s positioning as a financial partner to mining companies makes it a notable participant in the precious metals sector, offering investors a financing-linked route to metal production rather than direct mining operations.

Key Stats

• Today's Range: $106.82 to $111.30
• 50-Day Range: $112.47 to $152.73
• 52-Week Range: $85.59 to $165.76
• Volume: 2.69 million shs
• Average Volume: 2.35 million shs
• Market Capitalization: $48.84 billion
• P/E Ratio: 27.16
• Dividend Yield: 0.73%
• Price Target: $155.64
• Consensus Rating: Moderate Buy

Wheaton Precious Metals Stock Analysis - MarketRank™

Wheaton Precious Metals scored higher than 86% of companies evaluated by MarketBeat, and ranked 27th out of 180 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Wheaton Precious Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on no strong buy ratings, 13 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Wheaton Precious Metals has a consensus price target of $155.64, representing about 44.7% upside from its current price of $107.54.

Amount of Analyst Coverage

Wheaton Precious Metals has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -1.61%

Earnings Growth

Earnings for Wheaton Precious Metals are expected to decrease by -1.61% in the coming year, from $4.98 to $4.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Wheaton Precious Metals is 27.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wheaton Precious Metals is 27.16, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 21.52.

Price to Earnings Growth Ratio

Wheaton Precious Metals has a PEG Ratio of 2.17. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Wheaton Precious Metals has a P/B Ratio of 5.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.74% of the float of Wheaton Precious Metals has been sold short.

Short Interest Ratio / Days to Cover

Wheaton Precious Metals has a short interest ratio ("days to cover") of 2.42, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wheaton Precious Metals has recently increased by 5.85%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Wheaton Precious Metals has a dividend yield of 0.68%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Wheaton Precious Metals has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Wheaton Precious Metals is 19.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 15.92% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.47

News Sentiment

Wheaton Precious Metals has a news sentiment score of 1.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Wheaton Precious Metals this week, compared to 8 articles on an average week.

Search Interest

Only 62 people have searched for WPM on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

MarketBeat Follows

26 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is an increase of 73% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.

Percentage Held by Institutions

70.34% of the stock of Wheaton Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 4/10 Dividend: 3/31/2026
• Ex-Dividend for 4/10 Dividend: 3/31/2026
• Dividend Payable: 4/10/2026
• Last Earnings: 5/07/2026
• Record date for 6/9 Dividend: 5/27/2026
• Ex-Dividend for 6/9 Dividend: 5/27/2026
• Dividend Payable: 6/09/2026
• Today: 6/10/2026
• Next Earnings (Estimated): 8/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: MINING - MISC
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:WPM
• CIK: 1323404
• Web: www.wheatonpm.com
• Phone: (604) 684-9648
• Fax: 604-684-3123
• Employees: 40
• Year Founded: 2004

Price Target and Rating

• Average Price Target for Wheaton Precious Metals: $155.64
• High Price Target: $240.00
• Low Price Target: $108.00
• Potential Upside/Downside: +44.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.93
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.96
• Trailing P/E Ratio: 27.16
• Forward P/E Ratio: 21.59
• P/E Growth: 2.17
• Net Income: $1.47 billion
• Net Margins: 65.55%
• Pretax Margin: 76.21%
• Return on Equity: 20.20%
• Return on Assets: 19.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.53
• Quick Ratio: 4.53

Sales & Book Value

• Annual Sales: $2.31 billion
• Price / Sales: 21.10
• Cash Flow: $3.46 per share
• Price / Cash Flow: 31.08
• Book Value: $19.14 per share
• Price / Book: 5.62

Miscellaneous

• Outstanding Shares: 454,120,000
• Free Float: N/A
• Market Cap: $48.84 billion
• Optionable: Optionable
• Beta: 0.51