Q2 EPS Estimates for WPM Raised by Raymond James Financial

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Research analysts at Raymond James Financial increased their Q2 2025 earnings per share estimates for shares of Wheaton Precious Metals in a research report issued to clients and investors on Monday, July 14th. Raymond James Financial analyst B. Macarthur now expects that the company will post earnings of $0.61 per share for the quarter, up from their previous forecast of $0.59. Raymond James Financial has a "Outperform" rating and a $90.00 price target on the stock. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. Raymond James Financial also issued estimates for Wheaton Precious Metals' FY2025 earnings at $2.45 EPS, Q1 2026 earnings at $0.55 EPS, Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.57 EPS and Q4 2026 earnings at $0.59 EPS.

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

Other equities analysts also recently issued reports about the company. BMO Capital Markets began coverage on Wheaton Precious Metals in a research report on Wednesday, April 16th. They set an "outperform" rating and a $129.00 target price on the stock. Wall Street Zen upgraded shares of Wheaton Precious Metals from a "hold" rating to a "buy" rating in a report on Monday, May 12th. 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 report on Thursday, July 3rd. Scotiabank upped their price objective 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. Finally, National Bankshares restated an "outperform" rating on shares of Wheaton Precious Metals in a research report on Tuesday, June 24th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $93.00.

Wheaton Precious Metals Price Performance

NYSE WPM traded down $0.12 during trading hours on Wednesday, reaching $90.50. 1,698,348 shares of the stock traded hands, compared to its average volume of 1,725,215. The stock has a 50 day simple moving average of $87.64 and a two-hundred day simple moving average of $76.21. Wheaton Precious Metals has a 1 year low of $53.05 and a 1 year high of $95.23. The company has a market cap of $41.08 billion, a price-to-earnings ratio of 66.54, a price-to-earnings-growth ratio of 2.69 and a beta of 0.46.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new stake in Wheaton Precious Metals during the fourth quarter worth approximately $472,648,000. Capital International Investors purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at about $263,810,000. Arrowstreet Capital Limited Partnership bought a new position in Wheaton Precious Metals during the fourth quarter worth about $72,657,000. Mackenzie Financial Corp increased its stake in Wheaton Precious Metals by 54.4% in the 4th quarter. Mackenzie Financial Corp now owns 3,223,154 shares of the company's stock worth $181,227,000 after acquiring an additional 1,135,699 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Wheaton Precious Metals by 1,321.7% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,221,522 shares of the company's stock valued at $68,720,000 after purchasing an additional 1,135,603 shares in the last quarter. Institutional investors and hedge funds own 70.34% of the company's stock.

Wheaton Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Wednesday, May 28th were paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend was Wednesday, May 28th. Wheaton Precious Metals's payout ratio is 48.53%.

Wheaton Precious Metals Company Profile

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.