Stifel Canada Has Optimistic Outlook of WPM Q2 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Equities research analysts at Stifel Canada boosted their Q2 2025 earnings per share (EPS) estimates for Wheaton Precious Metals in a research note issued to investors on Monday, July 21st. Stifel Canada analyst I. Rico now anticipates that the company will earn $0.57 per share for the quarter, up from their previous forecast of $0.53. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. Stifel Canada also issued estimates for Wheaton Precious Metals' FY2025 earnings at $2.42 EPS and FY2026 earnings at $2.53 EPS.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.05. The firm had revenue of $470.41 million for the quarter, compared to analysts' expectations of $446.33 million. Wheaton Precious Metals had a return on equity of 10.32% and a net margin of 42.45%. The company's revenue for the quarter was up 58.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.36 EPS.

A number of other research firms have also recently issued reports on WPM. BMO Capital Markets initiated coverage on Wheaton Precious Metals in a report on Wednesday, April 16th. They set an "outperform" rating and a $129.00 price target on the stock. CIBC restated an "outperform" rating on shares of Wheaton Precious Metals in a report on Tuesday, July 15th. Berenberg Bank lifted their price target on shares of Wheaton Precious Metals from $87.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, July 3rd. Wall Street Zen raised shares of Wheaton Precious Metals from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Finally, UBS Group lifted their price target on shares of Wheaton Precious Metals from $78.00 to $89.00 and gave the company a "buy" rating in a research report on Friday, April 11th. One analyst has rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $93.00.

Wheaton Precious Metals Stock Performance

Shares of Wheaton Precious Metals stock traded down $0.00 on Thursday, reaching $94.01. 1,551,796 shares of the company's stock were exchanged, compared to its average volume of 1,706,384. The company has a market capitalization of $42.68 billion, a P/E ratio of 56.63, a price-to-earnings-growth ratio of 2.64 and a beta of 0.46. Wheaton Precious Metals has a 52 week low of $53.05 and a 52 week high of $96.83. The firm's 50-day moving average is $89.20 and its two-hundred day moving average is $77.78.

Hedge Funds Weigh In On Wheaton Precious Metals

Large investors have recently bought and sold shares of the stock. Bulwark Capital Corp bought a new position in Wheaton Precious Metals during the 2nd quarter valued at $27,000. NBT Bank N A NY raised its stake in shares of Wheaton Precious Metals by 129.3% during the 1st quarter. NBT Bank N A NY now owns 415 shares of the company's stock worth $32,000 after purchasing an additional 234 shares during the period. Wealth Preservation Advisors LLC bought a new stake in shares of Wheaton Precious Metals during the 1st quarter worth $38,000. Banque Cantonale Vaudoise bought a new stake in shares of Wheaton Precious Metals during the 1st quarter worth $49,000. Finally, Princeton Global Asset Management LLC bought a new stake in shares of Wheaton Precious Metals during the 1st quarter worth $52,000. 70.34% of the stock is currently owned by institutional investors.

Wheaton Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 28th were paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend was Wednesday, May 28th. Wheaton Precious Metals's dividend payout ratio (DPR) is presently 48.53%.

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.