What is Berenberg Bank's Forecast for WPM FY2025 Earnings?

Key Points

• Berenberg Bank has raised its FY2025 earnings forecast for Wheaton Precious Metals to $2.62 per share, up from a previous estimate of $2.38, maintaining a "Buy" rating and a price target of $108.00.
• Wheaton Precious Metals reported a significant earnings surprise in its latest quarterly results, with reported earnings of $0.63 per share, exceeding estimates by $0.05, and a revenue increase of 68.2% year-over-year.
• The consensus rating for Wheaton Precious Metals is "Moderate Buy," with a current average price target of $116.89, as several analysts have recently upgraded their price objectives for the stock.

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Stock analysts at Berenberg Bank boosted their FY2025 earnings estimates for Wheaton Precious Metals in a research report issued on Wednesday, October 15th. Berenberg Bank analyst R. Hatch now forecasts that the company will post earnings of $2.62 per share for the year, up from their prior forecast of $2.38. Berenberg Bank has a "Buy" rating and a $108.00 price objective on the stock. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. Berenberg Bank also issued estimates for Wheaton Precious Metals' Q1 2026 earnings at $0.80 EPS, Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.83 EPS, Q1 2027 earnings at $0.81 EPS, Q2 2027 earnings at $0.85 EPS and Q3 2027 earnings at $0.90 EPS.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $503.22 million during the quarter, compared to the consensus estimate of $424.23 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company's revenue for the quarter was up 68.2% compared to the same quarter last year.

Several other equities research analysts also recently weighed in on the stock. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Wheaton Precious Metals in a report on Wednesday, October 8th. UBS Group upped their price objective on shares of Wheaton Precious Metals from $118.00 to $122.00 and gave the stock a "neutral" rating in a report on Thursday. National Bankshares reaffirmed an "outperform" rating on shares of Wheaton Precious Metals in a report on Tuesday, June 24th. Bank of America upped their price target on shares of Wheaton Precious Metals from $127.00 to $132.00 and gave the company a "buy" rating in a report on Thursday. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Wheaton Precious Metals in a report on Friday, August 8th. One 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 currently has a consensus rating of "Moderate Buy" and an average price target of $116.89.

Wheaton Precious Metals Stock Performance

Shares of WPM opened at $104.68 on Monday. Wheaton Precious Metals has a 1 year low of $55.47 and a 1 year high of $114.36. The company has a market cap of $47.52 billion, a price-to-earnings ratio of 60.51, a price-to-earnings-growth ratio of 1.91 and a beta of 0.41. The firm has a fifty day moving average of $103.49 and a 200-day moving average of $92.66.

Institutional Trading of Wheaton Precious Metals

A number of hedge funds have recently bought and sold shares of WPM. Bulwark Capital Corp acquired a new position in shares of Wheaton Precious Metals in the 2nd quarter valued at about $27,000. Delta Asset Management LLC TN acquired a new position in Wheaton Precious Metals during the second quarter valued at approximately $27,000. Pacifica Partners Inc. grew its holdings in Wheaton Precious Metals by 27.8% during the third quarter. Pacifica Partners Inc. now owns 460 shares of the company's stock valued at $51,000 after purchasing an additional 100 shares during the last quarter. Wealth Preservation Advisors LLC acquired a new position in Wheaton Precious Metals during the first quarter valued at approximately $38,000. Finally, City State Bank boosted its position in shares of Wheaton Precious Metals by 40.0% in the second quarter. City State Bank now owns 560 shares of the company's stock valued at $50,000 after acquiring an additional 160 shares during the period. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wheaton Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a dividend of $0.165 per share. The ex-dividend date of this dividend 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 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.

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