Research Analysts Set Expectations for WPM FY2026 Earnings

Key Points

• Wheaton Precious Metals Corp. has seen an increase in projected earnings per share for FY2026, with estimates now at $2.82, up from $2.46, indicating positive growth expectations.
• The company recently reported earnings of $0.63 per share for the last quarter, exceeding analysts' expectations of $0.58, alongside a significant 68.2% increase in revenue compared to the previous year.
• Wheaton Precious Metals has received mostly favorable ratings from analysts, with one Strong Buy, eight Buy ratings, and an average target price of $106.11 according to recent reports.

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Equities research analysts at National Bank Financial increased their FY2026 EPS estimates for shares of Wheaton Precious Metals in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $2.82 for the year, up from their prior forecast of $2.46. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share.

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

Other research analysts have also issued research reports about the company. Wall Street Zen upgraded Wheaton Precious Metals from a "hold" rating to a "buy" rating in a research report on Monday, September 8th. BMO Capital Markets reissued an "outperform" rating on shares of Wheaton Precious Metals in a report on Friday, August 8th. Scotiabank increased their price target on Wheaton Precious Metals from $108.00 to $109.00 and gave the company a "sector perform" rating in a research note on Tuesday, August 12th. Royal Bank Of Canada boosted their price objective on Wheaton Precious Metals from $80.00 to $90.00 and gave the stock a "sector perform" rating in a research note on Wednesday, June 4th. Finally, National Bankshares reaffirmed an "outperform" rating on shares of Wheaton Precious Metals in a research note on Tuesday, June 24th. One investment 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, Wheaton Precious Metals has an average rating of "Moderate Buy" and a consensus target price of $106.11.

Wheaton Precious Metals Trading Up 2.1%

WPM opened at $107.49 on Friday. The business's 50 day moving average is $98.86 and its 200-day moving average is $88.73. The stock has a market cap of $48.79 billion, a PE ratio of 62.13, a price-to-earnings-growth ratio of 2.84 and a beta of 0.42. Wheaton Precious Metals has a twelve month low of $55.47 and a twelve month high of $109.67.

Hedge Funds Weigh In On Wheaton Precious Metals

A number of institutional investors have recently bought and sold shares of WPM. Bulwark Capital Corp acquired a new position in shares of Wheaton Precious Metals in the second quarter worth about $27,000. Delta Asset Management LLC TN acquired a new stake in shares of Wheaton Precious Metals during the second quarter worth approximately $27,000. NBT Bank N A NY increased its stake in Wheaton Precious Metals by 129.3% in the 1st quarter. NBT Bank N A NY now owns 415 shares of the company's stock valued at $32,000 after buying an additional 234 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in Wheaton Precious Metals in the 1st quarter worth approximately $38,000. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Wheaton Precious Metals during the 1st quarter valued at $49,000. Hedge funds and other institutional investors own 70.34% of the company's stock.

Wheaton Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, August 21st. Wheaton Precious Metals's dividend payout ratio is currently 38.15%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.