Raymond James Financial Predicts WPM FY2025 Earnings

Key Points

• Raymond James Financial predicts Wheaton Precious Metals (WPM) will see an increase in FY2025 earnings to $2.59 per share, up slightly from their previous estimate of $2.58.
• The company recently reported strong quarterly earnings of $0.63 per share, surpassing analysts' expectations while revenues increased by 68.2% year-over-year.
• Wheaton Precious Metals has a consensus rating of "Moderate Buy" from analysts, with a target price of $97.33 following recent ratings adjustments from several major banks.

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Equities research analysts at Raymond James Financial increased their FY2025 earnings per share (EPS) estimates for Wheaton Precious Metals in a research report issued to clients and investors on Thursday, September 11th. Raymond James Financial analyst B. Macarthur now forecasts that the company will earn $2.59 per share for the year, up from their prior forecast of $2.58. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. Raymond James Financial also issued estimates for Wheaton Precious Metals' Q4 2025 earnings at $0.71 EPS, Q2 2026 earnings at $0.61 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.63 EPS and FY2026 earnings at $2.43 EPS.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.05. Wheaton Precious Metals had a return on equity of 11.96% and a net margin of 47.46%.The company had revenue of $503.22 million for the quarter, compared to analyst estimates of $424.23 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The firm's revenue for the quarter was up 68.2% compared to the same quarter last year.

Several other equities research analysts have also recently issued reports on WPM. Scotiabank raised their price objective on shares of Wheaton Precious Metals from $108.00 to $109.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 12th. CIBC restated an "outperform" rating on shares of Wheaton Precious Metals in a report on Tuesday, July 15th. Royal Bank Of Canada lifted their price target on shares of Wheaton Precious Metals from $80.00 to $90.00 and gave the company a "sector perform" rating in a research report on Wednesday, June 4th. National Bankshares reiterated an "outperform" rating on shares of Wheaton Precious Metals in a research report on Tuesday, June 24th. Finally, Wall Street Zen raised Wheaton Precious Metals from a "hold" rating to a "buy" rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $97.33.

Wheaton Precious Metals Stock Up 1.7%

NYSE WPM opened at $107.27 on Friday. The business's fifty day simple moving average is $95.58 and its 200-day simple moving average is $86.18. The firm has a market cap of $48.70 billion, a PE ratio of 62.01, a P/E/G ratio of 2.90 and a beta of 0.42. Wheaton Precious Metals has a 52 week low of $55.47 and a 52 week high of $107.37.

Wheaton Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a $0.165 dividend. The ex-dividend date was Thursday, August 21st. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. Wheaton Precious Metals's dividend payout ratio (DPR) is currently 38.15%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Wheaton Precious Metals by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 18,554,651 shares of the company's stock worth $1,668,582,000 after acquiring an additional 557,793 shares in the last quarter. Royal Bank of Canada increased its stake in Wheaton Precious Metals by 5.0% in the fourth quarter. Royal Bank of Canada now owns 9,424,930 shares of the company's stock valued at $530,057,000 after purchasing an additional 447,702 shares during the last quarter. TD Asset Management Inc raised its holdings in Wheaton Precious Metals by 5.0% during the first quarter. TD Asset Management Inc now owns 7,512,351 shares of the company's stock worth $582,876,000 after purchasing an additional 355,533 shares in the last quarter. Norges Bank purchased a new stake in shares of Wheaton Precious Metals during the 2nd quarter worth approximately $656,463,000. Finally, Bank of Montreal Can lifted its position in shares of Wheaton Precious Metals by 10.3% during the 2nd quarter. Bank of Montreal Can now owns 5,120,087 shares of the company's stock worth $460,736,000 after buying an additional 478,236 shares during the last quarter. Hedge funds and other institutional investors own 70.34% of the company's stock.

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.

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