Raymond James Has Optimistic Outlook of TSE:WPM Q1 Earnings

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Research analysts at Raymond James boosted their Q1 2025 earnings per share estimates for shares of Wheaton Precious Metals in a report issued on Monday, April 14th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of $0.75 for the quarter, up from their previous forecast of $0.68. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share. Raymond James also issued estimates for Wheaton Precious Metals' Q2 2025 earnings at $0.84 EPS, Q3 2025 earnings at $0.91 EPS, Q4 2025 earnings at $0.91 EPS and FY2025 earnings at $3.41 EPS.

A number of other equities research analysts also recently issued reports on the stock. TD Securities increased their price target on shares of Wheaton Precious Metals from C$78.00 to C$83.00 and gave the stock a "buy" rating in a report on Friday, March 14th. CIBC increased their target price on shares of Wheaton Precious Metals from C$85.00 to C$88.00 and gave the stock an "outperform" rating in a research note on Friday, March 14th. National Bankshares boosted their price target on shares of Wheaton Precious Metals from C$115.00 to C$120.00 and gave the company an "outperform" rating in a research report on Monday, March 17th. Stifel Canada raised Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, BMO Capital Markets raised shares of Wheaton Precious Metals to a "strong-buy" rating in a report on Tuesday, April 15th. Five equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of C$100.43.

Wheaton Precious Metals Price Performance

TSE:WPM traded up C$0.95 on Wednesday, reaching C$117.31. 286,218 shares of the company's stock were exchanged, compared to its average volume of 744,235. Wheaton Precious Metals has a 52 week low of C$69.78 and a 52 week high of C$120.60. The firm has a market cap of C$37.20 billion, a price-to-earnings ratio of 61.04 and a beta of 0.70. The stock has a fifty day simple moving average of C$104.81 and a 200-day simple moving average of C$92.80.

Wheaton Precious Metals Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, April 11th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Tuesday, April 1st. Wheaton Precious Metals's dividend payout ratio is 43.71%.

About Wheaton Precious Metals

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.