Wheaton Precious Metals Corp. (NYSE:WPM) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts remain broadly bullish on Wheaton Precious Metals, with a consensus rating of “Moderate Buy” from 13 analysts. Twelve rate the stock a buy, and the average 12-month price target is about $161.09.
• The company’s recent quarterly results were strong, with EPS of $1.28 beating estimates and revenue of $901.47 million topping forecasts. Revenue also rose 91.7% year over year, and analysts expect full-year EPS of 4.73.
• Despite some recent target cuts from brokerages, the broader outlook has improved, with Zacks raising earnings estimates for FY2026 through FY2028. The stock also pays a modest dividend, yielding about 0.7% annually.

Wheaton Precious Metals Corp. (NYSE:WPM - Get Free Report) has been given a consensus rating of "Moderate Buy" by the thirteen analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $161.0909.

A number of brokerages recently commented on WPM. Wall Street Zen lowered Wheaton Precious Metals from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Scotiabank reduced their price objective on Wheaton Precious Metals from $180.00 to $175.00 and set a "sector outperform" rating on the stock in a research note on Tuesday, July 14th. Jefferies Financial Group decreased their price objective on Wheaton Precious Metals from $182.00 to $177.00 and set a "buy" rating on the stock in a report on Monday, July 6th. Weiss Ratings downgraded Wheaton Precious Metals from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, July 16th. Finally, Royal Bank Of Canada cut 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 report on Thursday, July 9th.

Wheaton Precious Metals Stock Performance

Shares of NYSE WPM opened at $111.49 on Friday. The company has a market cap of $50.63 billion, a P/E ratio of 28.15, a P/E/G ratio of 1.98 and a beta of 0.55. The firm's fifty day moving average is $117.50 and its two-hundred day moving average is $131.65. Wheaton Precious Metals has a 52-week low of $90.39 and a 52-week high of $165.76.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.24 by $0.04. The business had revenue of $901.47 million during the quarter, compared to the consensus estimate of $868.35 million. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The business's revenue was up 91.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 EPS. As a group, analysts forecast that Wheaton Precious Metals will post 4.73 EPS for the current fiscal year.

Wheaton Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were paid a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals's dividend payout ratio (DPR) is presently 19.70%.

Institutional Trading of Wheaton Precious Metals

A number of large investors have recently made changes to their positions in WPM. Legacy Wealth Asset Management LLC purchased a new stake in shares of Wheaton Precious Metals during the 2nd quarter valued at about $212,000. Allied Private Wealth LLC purchased a new position in Wheaton Precious Metals in the second quarter worth about $109,000. Assenagon Asset Management S.A. increased its stake in Wheaton Precious Metals by 9.0% during the second quarter. Assenagon Asset Management S.A. now owns 20,587 shares of the company's stock worth $2,315,000 after acquiring an additional 1,699 shares during the last quarter. Fermata Advisors LLC increased its stake in Wheaton Precious Metals by 32.2% during the second quarter. Fermata Advisors LLC now owns 2,346 shares of the company's stock worth $264,000 after acquiring an additional 572 shares during the last quarter. Finally, Harbor Investment Advisory LLC purchased a new stake in Wheaton Precious Metals during the second quarter valued at approximately $51,000. 70.34% of the stock is currently owned by institutional investors.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate to $4.71 from $4.65, implying slightly better near-term earnings momentum for Wheaton Precious Metals. Wheaton Precious Metals Free Report
• Positive Sentiment: The firm also raised FY2027 EPS to $5.13 from $4.88 and FY2028 EPS to $5.27 from $4.48, a meaningful boost to the company’s longer-term earnings outlook. Wheaton Precious Metals Free Report
• Positive Sentiment: Quarterly estimates were also nudged higher for several future periods, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, reinforcing a constructive analyst view on the stock. Wheaton Precious Metals Free Report
• Neutral Sentiment: Zacks trimmed its Q2 2026 EPS estimate slightly to $1.10 from $1.12, but the change is small and does not materially offset the broader series of upward revisions. Wheaton Precious Metals Free Report

About Wheaton Precious Metals

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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