Should I buy or sell Wheaton Precious Metals stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WPM shares. View WPM analyst ratings or view top-rated stocks .

What is Wheaton Precious Metals' stock price target for 2024?

1 brokers have issued twelve-month price targets for Wheaton Precious Metals' shares. Their WPM share price targets range from GBX 5,000 to GBX 5,000. On average, they predict the company's share price to reach GBX 5,000 in the next year. This suggests a possible upside of 30.9% from the stock's current price. View analysts price targets for WPM or view top-rated stocks among Wall Street analysts .

How have WPM shares performed in 2023?

Wheaton Precious Metals' stock was trading at GBX 3,235 on January 1st, 2023. Since then, WPM shares have increased by 18.1% and is now trading at GBX 3,820. View the best growth stocks for 2023 here .

How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals?

Wheaton Precious Metals announced a dividend on Friday, November 10th. Stockholders of record on Monday, November 27th will be paid a dividend of GBX 0.15 per share on Friday, December 8th. This represents a yield of 0.34%. The ex-dividend date of this dividend is Monday, November 27th. The official announcement can be seen at this link . Read our dividend analysis for WPM .

Is Wheaton Precious Metals a good dividend stock?

Wheaton Precious Metals (LON:WPM) pays an annual dividend of GBX 47 per share and currently has a dividend yield of 1.25%. The dividend payout ratio is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for WPM .

How do I buy shares of Wheaton Precious Metals?

Shares of WPM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

Wheaton Precious Metals Share Price, News & Analysis (LON:WPM)

GBX 3,813.86

-6.14 (-0.16%)

(As of 03:53 PM ET)

Compare

Today's Range: 3,805.10
▼
3,832.29
50-Day Range: 3,120
▼
4,135
52-Week Range: 3,085
▼
4,253

Volume: 1,298 shs
Average Volume: 2,051 shs
Market Capitalization: £17.28 billion

P/E Ratio: 4,057.30
Dividend Yield: 1.23%
Price Target: GBX 5,000

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines

Wheaton Precious Metals MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 30.9% Upside
GBX 5,000 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.69 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Wheaton Precious Metals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 5,000, Wheaton Precious Metals has a forecasted upside of 30.9% from its current price of GBX 3,820.
Amount of Analyst Coverage
Wheaton Precious Metals has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for WPM.

0.8

Dividend Strength

Dividend Yield
Wheaton Precious Metals pays a meaningful dividend of 1.25%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Wheaton Precious Metals does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Wheaton Precious Metals is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WPM.

0.6

News and Social Media Coverage

Search Interest
12 people have searched for WPM on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.38% of the stock of Wheaton Precious Metals is held by insiders.
Percentage Held by Institutions
69.59% of the stock of Wheaton Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Wheaton Precious Metals is 4,063.83, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wheaton Precious Metals is 4,063.83, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.22.
Price to Book Value per Share Ratio
Wheaton Precious Metals has a P/B Ratio of 2.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Wheaton Precious Metals Stock (LON:WPM)

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 10, 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

WPM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WPM Stock News Headlines

November 22, 2023 | benzinga.com

Friday Is Your Last Chance To Buy Wheaton Precious Metals Before The Dividend Payout

November 22, 2023 | finance.yahoo.com

Just Four Days Till Wheaton Precious Metals Corp. (TSE:WPM) Will Be Trading Ex-Dividend

December 7, 2023 | Financial Alphas (Ad)

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November 20, 2023 | finance.yahoo.com

10 Largest Cobalt Mining Companies and Their Mines in the World

November 16, 2023 | proactiveinvestors.com

Wheaton Precious Metals acquires streams on Ivanhoe’s Platreef, two others

November 9, 2023 | finance.yahoo.com

Top 20 Gold Mining Companies in the World

October 24, 2023 | finance.yahoo.com

Wheaton Precious Metals Announces the Acquisition of a New Silver Stream on the Mineral Park Mine

October 9, 2023 | msn.com

Gold Stocks Gain from Middle East Turmoil

December 7, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

October 3, 2023 | finance.yahoo.com

3 Gold Mining Stocks to Bet On as Market Fears Grow

September 18, 2023 | insidermonkey.com

10 Best Materials ETFs

September 9, 2023 | fool.com

Wheaton Precious Metals (TSX: WPM)

September 8, 2023 | finance.yahoo.com

7 Reasons Investors Should Be Excited About Wheaton Precious Metals' Business Model

September 5, 2023 | finance.yahoo.com

11 Best Zinc Stocks to Buy in 2023

August 15, 2023 | msn.com

Wheaton Precious Metals: Salobo Made The Difference This Quarter

August 10, 2023 | juniorminingnetwork.com

Wheaton Precious Metals Announces Solid Second Quarter Results for 2023

August 10, 2023 | msn.com

Wheaton Precious Metals Corp. (WPM) Beats Q2 Earnings and Revenue Estimates

August 10, 2023 | msn.com

Wheaton Precious Metals Corp. (WPM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

August 2, 2023 | msn.com

Wheaton Precious Metals (WPM) Price Target Increased by 37.53% to 58.02

July 7, 2023 | markets.businessinsider.com

Barclays Sticks to Its Hold Rating for Wheaton Precious Metals (WPM)

June 15, 2023 | finance.yahoo.com

Wheaton Precious Metals Publishes Inaugural Climate Change Report

See More Headlines

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Company Calendar

Ex-Dividend for 12/8 Dividend: 11/27/2023
Today: 12/07/2023
Dividend Payable: 12/08/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: LON:WPM
CUSIP: N/A
CIK: N/A
Web: www.wheatonpm.com
Phone: 604-684-9648
Fax: N/A
Employees: 42
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 5,000
High Stock Price Target: GBX 5,000
Low Stock Price Target: GBX 5,000
Potential Upside/Downside: +30.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.94
Trailing P/E Ratio: 4,063.83
Forward P/E Ratio: 34.38
P/E Growth: N/A
Net Income: £535.33 million
Net Margins: 57.03%
Pretax Margin: N/A
Return on Equity: 7.99%
Return on Assets: 4.21%

Debt

Debt-to-Equity Ratio: 0.09
Current Ratio: 38.93
Quick Ratio: N/A

Sales & Book Value

Annual Sales: £938.62 million
Price / Sales: 18.44
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: GBX 1,511 per share
Price / Book: 2.53

Miscellaneous

Outstanding Shares: 453,000,000
Free Float: N/A
Market Cap: £17.30 billion
Optionable: Not Optionable
Beta: 0.42

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Key Executives

Mr. Randy V. J. Smallwood P.Eng. (Age 58)
President, CEO & Director
Comp: $1.64M
Mr. Gary D. Brown CA (Age 56)
CFA, Senior VP & CFO
Comp: $744.6k
Mr. Curt Domenico Bernardi (Age 55)
Senior VP of Legal & Corporate Secretary
Comp: $761.16k
Mr. Haytham Henry Hodaly
Senior Vice President of Corporate Development
Mr. Patrick Eugene Drouin
President of Wheaton International & Chief Sustainability Officer
Mr. Neil Burns M.Sc.
P.Geo., Vice President of Technical Services
Emma Murray
Vice President of Investor Relations
Simona Antolak
Vice President of Communications & Corporate Affairs
Mr. Nikola Tatarkin
President of Wheaton Precious Metals International Ltd
Mr. Jamie Beirnes
VP & Controller

Key Competitors

View All Competitors

Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Wheaton Precious Metals was last updated on Tuesday, November 28, 2023 at 10:45 PM.

Pros

Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.:

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America, providing a diverse market presence.
The company produces and sells gold, silver, palladium, and cobalt deposits, offering a range of valuable commodities.
Wheaton Precious Metals Corp. has a long history, founded in 2004, and has established itself as a reputable player in the industry.
Recent developments indicate that Wheaton Precious Metals Corp. is focused on dividend payouts, which can be attractive to investors seeking regular income.
Investors can benefit from the potential growth in the gold industry, as Wheaton Precious Metals Corp. operates in the gold subindustry.

Cons

Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons:

Fluctuations in the precious metals market can impact the company's profitability and stock price.
The current stock price of Wheaton Precious Metals Corp. should be considered, as it can affect the potential return on investment.
Investing in precious metals can be volatile, and investors should be prepared for potential price fluctuations.
Market conditions and economic factors can influence the demand and price of precious metals, which can impact the company's performance.
Investors should carefully evaluate the risks associated with investing in the gold industry and consider their risk tolerance before making investment decisions.

WPM Stock Analysis - Frequently Asked Questions

Should I buy or sell Wheaton Precious Metals stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WPM shares.
View WPM analyst ratings or view top-rated stocks.
What is Wheaton Precious Metals' stock price target for 2024?: 1 brokers have issued twelve-month price targets for Wheaton Precious Metals' shares. Their WPM share price targets range from GBX 5,000 to GBX 5,000. On average, they predict the company's share price to reach GBX 5,000 in the next year. This suggests a possible upside of 30.9% from the stock's current price.
View analysts price targets for WPM or view top-rated stocks among Wall Street analysts.
How have WPM shares performed in 2023?: Wheaton Precious Metals' stock was trading at GBX 3,235 on January 1st, 2023. Since then, WPM shares have increased by 18.1% and is now trading at GBX 3,820.
View the best growth stocks for 2023 here.
How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals?: Wheaton Precious Metals announced a dividend on Friday, November 10th. Stockholders of record on Monday, November 27th will be paid a dividend of GBX 0.15 per share on Friday, December 8th. This represents a yield of 0.34%. The ex-dividend date of this dividend is Monday, November 27th. The official announcement can be seen at this link.
Read our dividend analysis for WPM.

Is Wheaton Precious Metals a good dividend stock?: Wheaton Precious Metals (LON:WPM) pays an annual dividend of GBX 47 per share and currently has a dividend yield of 1.25%. The dividend payout ratio is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for WPM.
How do I buy shares of Wheaton Precious Metals?: Shares of WPM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:WPM) was last updated on 12/7/2023 by MarketBeat.com Staff

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Wheaton Precious Metals Share Price, News & Analysis (LON:WPM)

Wheaton Precious Metals MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About Wheaton Precious Metals Stock (LON:WPM)

WPM Stock Price History

WPM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained

Pros

Cons

WPM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™