Zacks Research Issues Optimistic Outlook for WPM Earnings

Key Points

• Zacks Research raised its Q4 2026 EPS forecast for Wheaton Precious Metals to $1.19 from $1.18, while the full-year consensus estimate stands at $4.79 per share.
• Wheaton’s latest quarterly results exceeded expectations, with EPS of $1.19 versus the $1.15 consensus and revenue of $878 million. Revenue increased 84.7% year over year, while net margin reached 64.66%.
• Analyst sentiment remains favorable, with 12 Buy ratings and one Hold rating, producing a consensus “Moderate Buy” rating and a $165.55 price target. The company also declared a quarterly dividend of $0.195, yielding about 0.5% annually.

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Zacks Research boosted their Q4 2026 earnings per share estimates for Wheaton Precious Metals in a report issued on Thursday, August 20th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.19 per share for the quarter, up from their prior forecast of $1.18. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $4.79 per share.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.04. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%.The firm had revenue of $878.00 million during the quarter, compared to analysts' expectations of $879.29 million. During the same quarter in the prior year, the business posted $0.63 earnings per share. Wheaton Precious Metals's revenue was up 84.7% compared to the same quarter last year.

Other analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Wheaton Precious Metals from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Jefferies Financial Group lowered their target price on Wheaton Precious Metals from $182.00 to $177.00 and set a "buy" rating on the stock in a report on Monday, July 6th. Bank of America cut their price target on Wheaton Precious Metals from $163.00 to $145.00 and set a "buy" rating for the company in a research note on Thursday, July 9th. Royal Bank Of Canada lowered their price objective on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an "outperform" rating on the stock in a research note on Thursday, July 9th. Finally, Weiss Ratings downgraded shares of Wheaton Precious Metals from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, July 16th. Twelve equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $165.55.

Wheaton Precious Metals Price Performance

Shares of NYSE WPM opened at $150.08 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.47 and a current ratio of 0.47. Wheaton Precious Metals has a one year low of $92.57 and a one year high of $165.76. The firm has a market capitalization of $68.16 billion, a P/E ratio of 33.28, a PEG ratio of 2.61 and a beta of 0.55. The company's fifty day moving average is $118.35 and its two-hundred day moving average is $130.29.

Wheaton Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Wheaton Precious Metals's payout ratio is currently 17.29%.

Institutional Trading of Wheaton Precious Metals

A number of hedge funds have recently bought and sold shares of WPM. Johnson Investment Counsel Inc. raised its stake in shares of Wheaton Precious Metals by 0.4% during the fourth quarter. Johnson Investment Counsel Inc. now owns 20,465 shares of the company's stock worth $2,405,000 after buying an additional 75 shares during the last quarter. Parvin Asset Management LLC grew its holdings in shares of Wheaton Precious Metals by 0.6% in the 4th quarter. Parvin Asset Management LLC now owns 11,925 shares of the company's stock valued at $1,401,000 after buying an additional 75 shares during the period. Concurrent Investment Advisors LLC increased its holdings in shares of Wheaton Precious Metals by 1.9% in the fourth quarter. Concurrent Investment Advisors LLC now owns 4,203 shares of the company's stock worth $494,000 after acquiring an additional 78 shares in the last quarter. Gables Capital Management Inc. lifted its stake in Wheaton Precious Metals by 7.9% in the fourth quarter. Gables Capital Management Inc. now owns 1,079 shares of the company's stock valued at $127,000 after buying an additional 79 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Wheaton Precious Metals by 0.3% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 27,105 shares of the company's stock worth $3,185,000 after purchasing an additional 86 shares during the period. Institutional investors and hedge funds own 70.34% of the company's stock.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company's activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.

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