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

Wheaton Precious Metals (NYSE:WPM - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $446.33 million for the quarter.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last posted its earnings results on Thursday, March 13th. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.01). Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. The company had revenue of $380.52 million for the quarter, compared to the consensus estimate of $395.74 million. During the same quarter last year, the business earned $0.36 earnings per share. Wheaton Precious Metals's quarterly revenue was up 21.4% on a year-over-year basis. On average, analysts expect Wheaton Precious Metals to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Wheaton Precious Metals Price Performance

NYSE WPM opened at $83.51 on Thursday. Wheaton Precious Metals has a fifty-two week low of $51.96 and a fifty-two week high of $87.42. The stock's 50-day moving average is $75.88 and its two-hundred day moving average is $66.81. The firm has a market cap of $37.89 billion, a P/E ratio of 62.32, a price-to-earnings-growth ratio of 1.91 and a beta of 0.74.

Wheaton Precious Metals Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Tuesday, April 1st were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from Wheaton Precious Metals's previous quarterly dividend of $0.16. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.79%. Wheaton Precious Metals's payout ratio is presently 56.90%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. BMO Capital Markets assumed coverage on Wheaton Precious Metals in a research note on Wednesday, April 16th. They issued an "outperform" rating and a $129.00 price objective on the stock. National Bankshares reiterated an "outperform" rating on shares of Wheaton Precious Metals in a research note on Wednesday, April 23rd. Stifel Canada upgraded Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Royal Bank of Canada lifted their price objective on Wheaton Precious Metals from $75.00 to $80.00 and gave the stock a "sector perform" rating in a research note on Friday, April 4th. Finally, Scotiabank lifted their target price on Wheaton Precious Metals from $79.00 to $87.00 and gave the stock a "sector outperform" rating in a research report on Monday, April 14th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Wheaton Precious Metals has an average rating of "Buy" and an average price target of $83.40.

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.

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