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, August 8th. Shareholders of record on Friday, August 23rd will be paid a dividend of $0.09 per share on Thursday, September 5th. This represents a $0.36 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Thursday, August 22nd. View Wheaton Precious Metals' Dividend History.

Wheaton Precious Metals Corp (NYSE:WPM) announced its earnings results on Thursday, November, 14th. The company reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. The business earned $223.60 million during the quarter, compared to analyst estimates of $235.93 million. Wheaton Precious Metals had a return on equity of 4.08% and a net margin of 1.85%. Wheaton Precious Metals's quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the firm earned $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 12 month price targets for Wheaton Precious Metals' stock. Their forecasts range from $26.00 to $41.00. On average, they anticipate Wheaton Precious Metals' share price to reach $32.10 in the next twelve months. This suggests a possible upside of 19.2% 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.

News coverage about WPM stock has been trending very negative this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wheaton Precious Metals earned a news impact score of -3.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View News Stories for Wheaton Precious Metals.

Wheaton Precious Metals saw a increase in short interest during 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 trading volume, of 2,560,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.3% of the company's 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 variety of of retail and institutional 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 bought 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 $26.94.

Wheaton Precious Metals has a market capitalization of $12.05 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 in[email protected]