Wheaton Precious Metals Stock Price, Forecast & Analysis (NYSE:WPM)

Wheaton Precious Metals trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPM."

Wheaton Precious Metals announced a quarterly dividend on Thursday, November 14th. Stockholders of record on Wednesday, December 4th will be paid a dividend of $0.09 per share on Monday, December 16th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Tuesday, December 3rd. View Wheaton Precious Metals' Dividend History.

Wheaton Precious Metals Corp (NYSE:WPM) released its earnings results on Thursday, November, 14th. The company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. The firm earned $223.60 million during the quarter, compared to analysts' expectations of $235.93 million. Wheaton Precious Metals had a return on equity of 4.07% and a net margin of 1.85%. The company's quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 earnings per share. View Wheaton Precious Metals' Earnings History.

Wheaton Precious Metals is scheduled to release their next quarterly earnings announcement on Wednesday, March 18th 2020. View Earnings Estimates for Wheaton Precious Metals.

11 brokers have issued 1-year price objectives for Wheaton Precious Metals' shares. Their forecasts range from $26.00 to $41.00. On average, they expect Wheaton Precious Metals' share price to reach $32.70 in the next year. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Wheaton Precious Metals.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wheaton Precious Metals.

Media coverage about WPM stock has been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wheaton Precious Metals earned a daily sentiment score of -1.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Wheaton Precious Metals.

Wheaton Precious Metals saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 5,800,000 shares, an increase of 27.8% from the September 30th total of 4,540,000 shares. Based on an average daily volume of 2,560,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.3% of the shares of the stock are short sold. View Wheaton Precious Metals' Current Options Chain.

Some companies that are related to Wheaton Precious Metals include Barrick Gold (ABX), Newmont Goldcorp (NEM), Barrick Gold (GOLD), Franco Nevada (FNV), Agnico Eagle Mines (AEM), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Sibanye Gold (SBGL), Pan American Silver (PAAS), Yamana Gold (AUY), First Majestic Silver (AG), Alamos Gold (AGI) and Harmony Gold Mining (HMY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Wheaton Precious Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals Intl (VRX) and Toronto-Dominion Bank (TD).

Wheaton Precious Metals' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tocqueville Asset Management L.P. (0.79%), Great West Life Assurance Co. Can (0.49%), Vaughan Nelson Investment Management L.P. (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Gabelli Funds LLC (0.37%) and Dudley & Shanley Inc. (0.35%).

WPM stock was sold by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, Addenda Capital Inc., Assenagon Asset Management S.A., Russell Investments Group Ltd., Hussman Strategic Advisors Inc., AMF Pensionsforsakring AB, CIBC Asset Management Inc and SG Americas Securities LLC.

WPM stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Dudley & Shanley Inc., Great West Life Assurance Co. Can, Tocqueville Asset Management L.P., State of Tennessee Treasury Department, Selz Capital LLC, Gabelli Funds LLC and Leavell Investment Management Inc..

Shares of WPM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of WPM stock can currently be purchased for approximately $27.80.

Wheaton Precious Metals has a market capitalization of $12.43 billion and generates $794.01 million in revenue each year. The company earns $427.11 million in net income (profit) each year or $0.48 on an earnings per share basis. Wheaton Precious Metals employs 39 workers across the globe.View Additional Information About Wheaton Precious Metals.

The official website for Wheaton Precious Metals is http://www.wheatonpm.com/.

Wheaton Precious Metals' mailing address is 1021 WEST HASTINGS STREEET SUITE 3500, VANCOUVER A1, V6E 0C3. The company can be reached via phone at 604-684-9648 or via email at [email protected]