NYSE:WPMWheaton Precious Metals Stock Price, Forecast & News

Wheaton Precious Metals' stock was trading at $27.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WPM stock has increased by 55.8% and is now trading at $43.20. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Wheaton Precious Metals.

Wheaton Precious Metals is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Wheaton Precious Metals.

Wheaton Precious Metals Corp (NYSE:WPM) released its quarterly earnings results on Wednesday, March, 11th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. The company earned $223.22 million during the quarter, compared to analysts' expectations of $233.57 million. Wheaton Precious Metals had a net margin of 13.88% and a return on equity of 5.59%. The business's revenue was up 13.5% on a year-over-year basis. During the same quarter last year, the company earned $0.08 EPS. View Wheaton Precious Metals' earnings history.

Wheaton Precious Metals announced a quarterly dividend on Wednesday, May 6th. Investors of record on Friday, May 22nd will be given a dividend of $0.10 per share on Thursday, June 4th. This represents a $0.40 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, May 21st. View Wheaton Precious Metals' dividend history.

11 brokerages have issued 1 year price targets for Wheaton Precious Metals' stock. Their forecasts range from $28.00 to $55.00. On average, they expect Wheaton Precious Metals' stock price to reach $41.67 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View analysts' price targets for Wheaton Precious Metals.

News coverage about WPM stock has trended very negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wheaton Precious Metals earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutWheaton Precious Metals.

Wheaton Precious Metals saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 12,230,000 shares, an increase of 13.0% from the April 30th total of 10,820,000 shares. Based on an average daily volume of 3,730,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 2.7% of the company's shares are sold short. 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), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG) and Harmony Gold Mining (HMY). View all competitors.

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 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 shareholders include Franklin Resources Inc. (7.17%), First Eagle Investment Management LLC (5.33%), Van ECK Associates Corp (5.01%), Capital World Investors (1.41%), Invesco Ltd. (1.19%) and Ruffer LLP (1.03%).

WPM stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Deutsche Bank AG, Morgan Stanley, Morgan Stanley, Van ECK Associates Corp, Toronto Dominion Bank, Intact Investment Management Inc., and APG Asset Management N.V..

WPM stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Guardian Capital LP, Clearbridge Investments LLC, APG Asset Management N.V., APG Asset Management N.V., Capital International Investors, Driehaus Capital Management LLC, and The Manufacturers Life Insurance Company .

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 $43.20.

Wheaton Precious Metals has a market capitalization of $19.37 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]