WPM FY2026 EPS Forecast Lifted by National Bank Financial

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Equities research analysts at National Bank Financial raised their FY2026 earnings per share estimates for shares of Wheaton Precious Metals in a research note issued on Tuesday, July 15th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $2.47 for the year, up from their prior forecast of $2.15. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. National Bank Financial also issued estimates for Wheaton Precious Metals' FY2026 earnings at $2.47 EPS.

Other equities research analysts have also recently issued reports about the company. Royal Bank Of Canada raised their target price on Wheaton Precious Metals from $80.00 to $90.00 and gave the company a "sector perform" rating in a research report on Wednesday, June 4th. National Bankshares reiterated an "outperform" rating on shares of Wheaton Precious Metals in a report on Tuesday, June 24th. Wall Street Zen upgraded Wheaton Precious Metals from a "hold" rating to a "buy" rating in a report on Monday, May 12th. BMO Capital Markets began coverage on Wheaton Precious Metals in a report on Wednesday, April 16th. They issued an "outperform" rating and a $129.00 price objective on the stock. Finally, Scotiabank lifted their price objective on Wheaton Precious Metals from $79.00 to $87.00 and gave the stock a "sector outperform" rating in a report on Monday, April 14th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Wheaton Precious Metals presently has a consensus rating of "Buy" and a consensus price target of $93.00.

Wheaton Precious Metals Stock Down 0.8%

Shares of NYSE:WPM traded down $0.70 during trading on Friday, reaching $88.30. 1,140,717 shares of the company's stock traded hands, compared to its average volume of 1,720,166. Wheaton Precious Metals has a fifty-two week low of $53.05 and a fifty-two week high of $95.23. The firm has a market cap of $40.08 billion, a PE ratio of 64.93, a P/E/G ratio of 2.55 and a beta of 0.46. The company has a 50-day simple moving average of $87.93 and a 200-day simple moving average of $76.76.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.05. Wheaton Precious Metals had a return on equity of 10.32% and a net margin of 42.45%. The firm had revenue of $470.41 million for the quarter, compared to analysts' expectations of $446.33 million. During the same period last year, the firm earned $0.36 EPS. The company's quarterly revenue was up 58.4% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WPM. Vanguard Group Inc. increased its position in Wheaton Precious Metals by 1.8% during the first quarter. Vanguard Group Inc. now owns 17,996,858 shares of the company's stock worth $1,396,556,000 after purchasing an additional 324,340 shares during the last quarter. FMR LLC increased its position in Wheaton Precious Metals by 5.9% during the fourth quarter. FMR LLC now owns 15,529,219 shares of the company's stock worth $873,995,000 after purchasing an additional 863,306 shares during the last quarter. Royal Bank of Canada increased its position in Wheaton Precious Metals by 5.0% during the fourth quarter. Royal Bank of Canada now owns 9,424,930 shares of the company's stock worth $530,057,000 after purchasing an additional 447,702 shares during the last quarter. Norges Bank acquired a new position in Wheaton Precious Metals in the fourth quarter valued at approximately $472,648,000. Finally, TD Asset Management Inc lifted its holdings in Wheaton Precious Metals by 5.0% in the first quarter. TD Asset Management Inc now owns 7,512,351 shares of the company's stock valued at $582,876,000 after acquiring an additional 355,533 shares during the last quarter. 70.34% of the stock is currently owned by institutional investors and hedge funds.

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 28th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.75%. The ex-dividend date was Wednesday, May 28th. Wheaton Precious Metals's dividend payout ratio is currently 48.53%.

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.