Wheaton Precious Metals (WPM) Projected to Release Quarterly Earnings on Thursday

Key Points

• Wheaton Precious Metals is expected to report Q3 2026 results after the market closes Thursday, November 5. Analysts forecast earnings of $0.93 per share on $800.21 million in revenue, with a conference call scheduled for November 6.
• The company’s previous quarter exceeded EPS expectations, reporting $1.19 per share versus the $1.15 consensus, while revenue rose 84.7% year over year to $878 million.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus and an average price target of $172.11, although several firms have recently reduced their targets and Zacks has lowered multiple earnings estimates.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) is expected to be announcing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of $0.93 per share and revenue of $800.21 million for the quarter. Investors are encouraged to explore the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, November 6, 2026 at 11:00 AM ET.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.04. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%. The company had revenue of $878.00 million for the quarter, compared to analyst estimates of $879.29 million. During the same period in the previous year, the firm earned $0.63 earnings per share. Wheaton Precious Metals's revenue for the quarter was up 84.7% compared to the same quarter last year. On average, analysts expect Wheaton Precious Metals to post $4.61 EPS for the current fiscal year and $4.55 EPS for the next fiscal year.

Wheaton Precious Metals Trading Up 0.4%

NYSE WPM opened at $126.47 on Thursday. The company has a market capitalization of $57.44 billion, a PE ratio of 28.04, a price-to-earnings-growth ratio of 2.35 and a beta of 0.54. Wheaton Precious Metals has a 1-year low of $94.28 and a 1-year high of $165.76. The firm's fifty day simple moving average is $142.93 and its 200-day simple moving average is $134.00. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.20.

Wheaton Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were given a $0.1950 dividend. This represents a $0.78 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, August 20th. Wheaton Precious Metals's dividend payout ratio (DPR) is 17.29%.

Trending Headlines about Wheaton Precious Metals

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Zacks raised its estimates for Q2 2027 EPS to $1.13 from $1.12 and Q4 2027 EPS to $1.09 from $1.06. These increases provide a limited positive offset to the broader estimate reductions.
• Neutral Sentiment: Zacks maintained a current full-year consensus EPS reference of $4.61, while projecting FY2027 EPS of $4.28 and FY2028 EPS of $6.80. The estimates imply longer-term earnings growth, but the revisions indicate some uncertainty around the pace and timing of that growth.
• Neutral Sentiment: A Seeking Alpha analysis argues that Wheaton’s stable, royalty-and-streaming business structure may be less favored during the current precious-metals sector cycle. The article highlights the potential for sector rotation and changing commodity-market conditions to affect investor interest. Wheaton Precious Metals' Stable Structure Is Not Favored By The Sector's Cycle
• Negative Sentiment: Zacks lowered several forecasts: Q3 2026 EPS to $0.95 from $1.00, FY2026 EPS to $4.59 from $4.66, Q1 2027 EPS to $1.11 from $1.19, and FY2027 EPS to $4.28 from $4.38.
• Negative Sentiment: For 2028, estimates were also reduced: Q1 EPS to $1.54 from $1.70, Q2 EPS to $1.70 from $1.71, Q3 EPS to $1.67 from $1.71, and FY2028 EPS to $6.80 from $6.96. The repeated downward revisions likely contributed to the stock’s decrease by raising concerns about earnings expectations and valuation.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on WPM shares. Bank of America lowered their price target on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a "buy" rating for the company in a report on Thursday, July 9th. Weiss Ratings downgraded Wheaton Precious Metals from a "buy (b+)" rating to a "buy (b)" rating in a research report on Friday, October 23rd. UBS Group upped their price target on shares of Wheaton Precious Metals from $153.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, October 8th. Jefferies Financial Group cut their price target on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a "buy" rating for the company in a report on Monday, July 6th. Finally, Scotiabank reduced their target price on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a "sector outperform" rating on the stock in a report on Tuesday, July 14th. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $172.11.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a precious metals streaming company headquartered in Vancouver, British Columbia. Rather than operating mines directly, the company provides upfront financing to mining companies in exchange for the right to purchase a portion of the gold, silver, palladium and cobalt produced by specific mining operations at predetermined prices.

Wheaton sells the streamed metals to customers and uses the proceeds to support its operations and investments. Its portfolio is linked to mining assets operated by third parties, with exposure to projects in the Americas and other regions.

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