Wheaton Precious Metals Stock Forecast, Price & News

Wheaton Precious Metals' stock was trading at $27.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WPM shares have increased by 43.9% and is now trading at $39.89.
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13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Wheaton Precious Metals stock.
View analyst ratings for Wheaton Precious Metals or view MarketBeat's top 5 stock picks.

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Wheaton Precious Metals is scheduled to release its next quarterly earnings announcement on Wednesday, March 10th 2021.
View our earnings forecast for Wheaton Precious Metals.

Wheaton Precious Metals Corp. (NYSE:WPM) posted its earnings results on Monday, November, 9th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.01. The business had revenue of $307.27 million for the quarter, compared to analysts' expectations of $297 million. Wheaton Precious Metals had a net margin of 37.30% and a return on equity of 6.50%. The company's revenue was up 37.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 earnings per share.
View Wheaton Precious Metals' earnings history.

Wheaton Precious Metals declared a quarterly dividend on Monday, November 9th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.12 per share on Thursday, December 10th. This represents a $0.48 annualized dividend and a yield of 1.20%. The ex-dividend date is Tuesday, November 24th. This is an increase from Wheaton Precious Metals's previous quarterly dividend of $0.10.
View Wheaton Precious Metals' dividend history.

Wheaton Precious Metals pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.17%. The dividend payout ratio of Wheaton Precious Metals is 85.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 32.00% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.
View Wheaton Precious Metals' dividend history.

13 analysts have issued 12 month price targets for Wheaton Precious Metals' stock. Their forecasts range from $35.00 to $84.00. On average, they expect Wheaton Precious Metals' share price to reach $55.60 in the next twelve months. This suggests a possible upside of 39.4% from the stock's current price.
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Some companies that are related to Wheaton Precious Metals include Barrick Gold Co. (ABX.TO) (ABX), Newmont (NEM), Barrick Gold (GOLD), Franco-Nevada (FNV), Agnico Eagle Mines (AEM), Sibanye Stillwater (SBSW), Kirkland Lake Gold (KL), Sibanye Gold (SBGL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY) and NovaGold Resources (NG).
View all of WPM's competitors.

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

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

Wheaton Precious Metals' stock is owned by many different retail and institutional investors. Top institutional investors include BTR Capital Management Inc. (0.02%), Crossmark Global Holdings Inc. (0.01%), Hexavest Inc. (0.01%), Trust Co. of Toledo NA OH (0.00%), Pacifica Partners Inc. (0.00%) and NuWave Investment Management LLC (0.00%).

WPM stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., and NuWave Investment Management LLC.

WPM stock was purchased by a variety of institutional investors in the last quarter, including BTR Capital Management Inc., Trust Co. of Toledo NA OH, Pacifica Partners Inc., and Crossmark Global Holdings Inc..

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

One share of WPM stock can currently be purchased for approximately $39.89.

Wheaton Precious Metals has a market capitalization of $17.93 billion and generates $861.33 million in revenue each year. The company earns $86.14 million in net income (profit) each year or $0.56 on an earnings per share basis. Wheaton Precious Metals employs 39 workers across the globe.

The official website for Wheaton Precious Metals is 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]