Zacks Research Issues Positive Outlook for TSE:WPM Earnings

Key Points

• Zacks Research raised its Q3 2026 EPS estimate for Wheaton Precious Metals to $1.61 from $1.58, signaling a slightly more positive outlook. The firm also projected stronger earnings ahead, including FY2026 EPS of $6.64 and FY2027 EPS of $7.23.
• Other analysts remain bullish on the stock, with Stifel Nicolaus and BMO Capital Markets both lifting price targets to C$250 and UBS upgrading shares to strong-buy. Overall, Wheaton Precious Metals has a consensus rating of Buy with a target price of C$205.62.
• The company recently reported solid results, including C$1.78 EPS and C$1.25 billion in revenue for the quarter, while also paying a quarterly dividend of $0.195 per share. Shares opened at C$156.78, below both their 50-day and 200-day moving averages.

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Investment analysts at Zacks Research boosted their Q3 2026 EPS estimates for Wheaton Precious Metals in a report issued on Wednesday, July 22nd. Zacks Research analyst Team now expects that the company will earn $1.61 per share for the quarter, up from their prior forecast of $1.58. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share. Zacks Research also issued estimates for Wheaton Precious Metals' Q4 2026 earnings at $1.66 EPS, FY2026 earnings at $6.64 EPS, Q2 2027 earnings at $1.59 EPS, Q3 2027 earnings at $1.80 EPS, Q4 2027 earnings at $2.02 EPS, FY2027 earnings at $7.23 EPS and Q2 2028 earnings at $1.61 EPS.

Wheaton Precious Metals (TSE:WPM - Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported C$1.78 EPS for the quarter. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 21.32%. The company had revenue of C$1.25 billion during the quarter.

Other equities analysts have also issued research reports about the company. Stifel Nicolaus lifted their price target on Wheaton Precious Metals from C$240.00 to C$250.00 and gave the company a "buy" rating in a research note on Wednesday, April 15th. UBS Group upgraded shares of Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 27th. Finally, BMO Capital Markets raised their price objective on Wheaton Precious Metals from C$240.00 to C$250.00 in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat.com, Wheaton Precious Metals currently has a consensus rating of "Buy" and a consensus target price of C$205.62.

Wheaton Precious Metals Price Performance

Shares of TSE:WPM opened at C$156.78 on Thursday. The company's 50 day simple moving average is C$166.06 and its 200 day simple moving average is C$182.14. The stock has a market capitalization of C$71.20 billion, a price-to-earnings ratio of 39.62 and a beta of 1.40. Wheaton Precious Metals has a 1 year low of C$125.08 and a 1 year high of C$226.68.

Insider Buying and Selling

In related news, insider Vincent Chun Yip Lau acquired 225 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of C$176.85 per share, with a total value of C$39,791.25. Following the completion of the acquisition, the insider owned 1,065 shares in the company, valued at approximately C$188,345.25. This represents a 26.79% increase in their ownership of the stock. Corporate insiders own 0.13% of the company's stock.

Wheaton Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, May 27th. Wheaton Precious Metals's payout ratio is presently 17.44%.

Wheaton Precious Metals Company Profile

Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.