Zacks Research Has Optimistic Outlook of WPM Q1 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Research analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of Wheaton Precious Metals in a report released on Monday, May 5th. Zacks Research analyst M. Das now expects that the company will post earnings of $0.43 per share for the quarter, up from their previous estimate of $0.42. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. Zacks Research also issued estimates for Wheaton Precious Metals' Q2 2025 earnings at $0.43 EPS, Q3 2025 earnings at $0.43 EPS, FY2025 earnings at $1.72 EPS, Q1 2026 earnings at $0.43 EPS, FY2026 earnings at $1.76 EPS and FY2027 earnings at $1.80 EPS.

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). The business had revenue of $380.52 million for the quarter, compared to analysts' expectations of $395.74 million. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. The business's revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.36 earnings per share.

Several other analysts have also recently commented on the company. Raymond James upped their price objective on Wheaton Precious Metals from $88.00 to $90.00 and gave the stock an "outperform" rating in a report on Tuesday, April 15th. 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. Royal Bank of Canada boosted their target price on Wheaton Precious Metals from $75.00 to $80.00 and gave the stock a "sector perform" rating in a report on Friday, April 4th. Scotiabank raised their price target on shares of Wheaton Precious Metals from $79.00 to $87.00 and gave the company a "sector outperform" rating in a report on Monday, April 14th. Finally, Stifel Canada upgraded shares of Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $83.40.

Wheaton Precious Metals Stock Performance

Shares of WPM opened at $85.86 on Wednesday. The company has a market capitalization of $38.96 billion, a price-to-earnings ratio of 64.07, a PEG ratio of 1.91 and a beta of 0.49. Wheaton Precious Metals has a 1 year low of $51.96 and a 1 year high of $87.42. The company's 50 day simple moving average is $76.98 and its 200 day simple moving average is $67.39.

Hedge Funds Weigh In On Wheaton Precious Metals

Several large investors have recently added to or reduced their stakes in the company. NBT Bank N A NY increased its position in Wheaton Precious Metals by 129.3% in the first quarter. NBT Bank N A NY now owns 415 shares of the company's stock worth $32,000 after buying an additional 234 shares during the period. Versant Capital Management Inc acquired a new stake in shares of Wheaton Precious Metals in the 4th quarter worth about $29,000. Promus Capital LLC bought a new stake in Wheaton Precious Metals in the 4th quarter valued at about $32,000. Princeton Global Asset Management LLC acquired a new position in Wheaton Precious Metals during the 1st quarter valued at about $52,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in Wheaton Precious Metals in the 4th quarter worth about $38,000. 70.34% of the stock is currently owned by institutional investors.

Wheaton Precious Metals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.77%. This is an increase from Wheaton Precious Metals's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, April 1st. Wheaton Precious Metals's dividend payout ratio is 56.90%.

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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