WPM Q2 EPS Increased by National Bank Financial

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Investment analysts at National Bank Financial raised their Q2 2025 earnings estimates for Wheaton Precious Metals in a research report issued on Tuesday, July 15th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.59 per share for the quarter, up from their prior forecast of $0.50. 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' FY2025 earnings at $2.24 EPS.

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

A number of other equities analysts have also weighed in on WPM. National Bankshares reaffirmed an "outperform" rating on shares of Wheaton Precious Metals in a research note on Tuesday, June 24th. BMO Capital Markets started coverage on shares of Wheaton Precious Metals in a report on Wednesday, April 16th. They set an "outperform" rating and a $129.00 price objective for the company. Berenberg Bank lifted their price objective on shares of Wheaton Precious Metals from $87.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, July 3rd. Wall Street Zen upgraded shares of Wheaton Precious Metals from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Finally, Scotiabank raised their target price on shares of Wheaton Precious Metals from $79.00 to $87.00 and gave the company a "sector outperform" rating in a research note on Monday, April 14th. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of "Buy" and a consensus price target of $93.00.

Wheaton Precious Metals Trading Down 0.8%

Wheaton Precious Metals stock traded down $0.70 during midday trading on Thursday, hitting $88.30. The stock had a trading volume of 1,140,717 shares, compared to its average volume of 1,718,183. Wheaton Precious Metals has a 52-week low of $53.05 and a 52-week high of $95.23. The company has a market capitalization of $40.08 billion, a PE ratio of 64.93, a P/E/G ratio of 2.60 and a beta of 0.46. The firm's fifty day moving average is $87.88 and its two-hundred day moving average is $76.54.

Wheaton Precious Metals Announces Dividend

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

Institutional Investors Weigh In On Wheaton Precious Metals

A number of institutional investors and hedge funds have recently bought and sold shares of WPM. Vanguard Group Inc. raised its holdings in shares of Wheaton Precious Metals by 1.8% in the first quarter. Vanguard Group Inc. now owns 17,996,858 shares of the company's stock valued at $1,396,556,000 after acquiring an additional 324,340 shares in the last quarter. FMR LLC increased its position in Wheaton Precious Metals by 5.9% during the 4th quarter. FMR LLC now owns 15,529,219 shares of the company's stock valued at $873,995,000 after purchasing an additional 863,306 shares during the period. Royal Bank of Canada raised its holdings in shares of Wheaton Precious Metals by 5.0% in the 4th quarter. Royal Bank of Canada now owns 9,424,930 shares of the company's stock valued at $530,057,000 after purchasing an additional 447,702 shares in the last quarter. Norges Bank purchased a new stake in shares of Wheaton Precious Metals in the 4th quarter worth approximately $472,648,000. Finally, TD Asset Management Inc boosted its stake in shares of Wheaton Precious Metals by 5.0% during the first quarter. TD Asset Management Inc now owns 7,512,351 shares of the company's stock valued at $582,876,000 after purchasing an additional 355,533 shares in the last quarter. 70.34% of the stock is owned by institutional investors.

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.