What is Scotiabank's Estimate for WPM FY2026 Earnings?

Key Points

• Scotiabank raised its FY2026 EPS estimate for Wheaton Precious Metals to $4.83 from $4.74, above the $4.79 analyst consensus. It maintained a “Sector Outperform” rating and a $175 price target.
• Wheaton Precious Metals recently reported quarterly EPS of $1.19, beating estimates by $0.04, while revenue rose 84.7% year over year to $878 million.
• The company declared a quarterly dividend of $0.195 per share, equivalent to $0.78 annually and a 0.5% yield. Analysts broadly remain positive, with 12 Buy ratings and one Hold, producing a “Moderate Buy” consensus.

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Research analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for shares of Wheaton Precious Metals in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $4.83 per share for the year, up from their prior forecast of $4.74. Scotiabank has a "Sector Outperform" rating and a $175.00 price target on the stock. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $4.79 per share.

Several other analysts also recently issued reports on WPM. Jefferies Financial Group reduced 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 research report on Monday, July 6th. UBS Group lowered their price objective on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, June 30th. Bank of America dropped their price objective on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a "buy" rating on the stock in a research note on Thursday, July 9th. Berenberg Bank set a $157.00 price objective on shares of Wheaton Precious Metals in a report on Tuesday, July 28th. Finally, Royal Bank Of Canada decreased their target price on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an "outperform" rating for the company in a research report on Thursday, July 9th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of "Moderate Buy" and an average target price of $165.55.

Wheaton Precious Metals Trading Up 1.8%

NYSE WPM opened at $150.08 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.20. Wheaton Precious Metals has a 52 week low of $92.57 and a 52 week high of $165.76. The business has a 50 day moving average price of $118.35 and a 200-day moving average price of $130.29. The company has a market cap of $68.16 billion, a price-to-earnings ratio of 33.28, a P/E/G ratio of 2.61 and a beta of 0.55.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.19 earnings per share 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 business had revenue of $878.00 million for the quarter, compared to the consensus estimate of $879.29 million. During the same period in the prior year, the business earned $0.63 EPS. The firm's revenue for the quarter was up 84.7% on a year-over-year basis.

Wheaton Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a dividend of $0.195 per share. The ex-dividend date is Thursday, August 20th. This represents a $0.78 annualized dividend and a yield of 0.5%. Wheaton Precious Metals's dividend payout ratio is 17.29%.

Institutional Investors Weigh In On Wheaton Precious Metals

Institutional investors and hedge funds have recently bought and sold shares of the stock. Assetmark Inc. raised its holdings in shares of Wheaton Precious Metals by 144.4% in the fourth quarter. Assetmark Inc. now owns 220 shares of the company's stock valued at $26,000 after purchasing an additional 130 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its position in shares of Wheaton Precious Metals by 100.0% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company's stock valued at $27,000 after purchasing an additional 117 shares in the last quarter. Cary Street Partners Investment Advisory LLC purchased a new position in Wheaton Precious Metals during the fourth quarter worth about $28,000. Cornerstone Planning Group LLC grew its position in Wheaton Precious Metals by 245.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 228 shares of the company's stock worth $29,000 after purchasing an additional 162 shares in the last quarter. Finally, Navalign LLC bought a new stake in Wheaton Precious Metals in the 4th quarter worth about $30,000. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company's activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.

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