S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:WPM

Wheaton Precious Metals - WPM Stock Forecast, Price & News

$33.73
-0.03 (-0.09%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$32.33
$33.74
50-Day Range
$31.82
$43.41
52-Week Range
$31.56
$51.90
Volume
1.75 million shs
Average Volume
2.65 million shs
Market Capitalization
$15.24 billion
P/E Ratio
20.20
Dividend Yield
1.78%
Price Target
$54.44

Wheaton Precious Metals MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
61.4% Upside
$54.44 Price Target
Short Interest
Bearish
3.00% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.48
Upright™ Environmental Score
News Sentiment
0.62mentions of Wheaton Precious Metals in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.62%
From $1.30 to $1.36 Per Share

Overall MarketRank

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

2.36 out of 5 stars

Basic Materials Sector

78th out of 219 stocks

Gold & Silver Ores Industry

14th out of 54 stocks

WPM stock logo

About Wheaton Precious Metals (NYSE:WPM) Stock

Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests in the 23 operating mines and 13 development projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on WPM shares. Barclays reduced their price objective on shares of Wheaton Precious Metals from $49.00 to $41.00 and set an "equal weight" rating for the company in a research report on Tuesday, July 19th. National Bank Financial dropped their target price on shares of Wheaton Precious Metals from C$75.00 to C$70.00 in a research note on Thursday, July 21st. KeyCorp dropped their target price on shares of Wheaton Precious Metals from $56.00 to $38.00 and set an "overweight" rating on the stock in a research note on Monday, July 18th. Stifel Nicolaus dropped their target price on shares of Wheaton Precious Metals from C$71.00 to C$66.50 in a research note on Wednesday, July 20th. Finally, Raymond James dropped their price target on shares of Wheaton Precious Metals from $55.00 to $54.00 and set an "outperform" rating on the stock in a research note on Friday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Wheaton Precious Metals currently has a consensus rating of "Moderate Buy" and a consensus target price of $54.44.

Wheaton Precious Metals Trading Down 0.1 %

NYSE:WPM traded down $0.03 on Friday, reaching $33.73. 1,751,160 shares of the stock traded hands, compared to its average volume of 2,654,938. The company has a market capitalization of $15.24 billion, a price-to-earnings ratio of 20.20, a PEG ratio of 5.16 and a beta of 0.51. Wheaton Precious Metals has a 12 month low of $31.56 and a 12 month high of $51.90. The company's fifty day simple moving average is $36.82 and its 200 day simple moving average is $42.05.

Wheaton Precious Metals (NYSE:WPM - Get Rating) last released its earnings results on Thursday, May 5th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. The firm had revenue of $307.24 million for the quarter, compared to the consensus estimate of $313.27 million. Wheaton Precious Metals had a net margin of 63.33% and a return on equity of 9.60%. The company's quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.36 earnings per share. Equities analysts anticipate that Wheaton Precious Metals will post 1.3 EPS for the current fiscal year.

Wheaton Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 3rd. Stockholders of record on Friday, May 20th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date was Thursday, May 19th. Wheaton Precious Metals's payout ratio is presently 35.93%.

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WPM Stock News Headlines

Wheaton Precious Metals (NYSE:WPM) Sees Strong Trading Volume
Wheaton Precious Metals (NYSE:WPM) PT Lowered to $38.00
Bullish on Wheaton Precious Metals Corp.
See More Headlines
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WPM Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 6/3 Dividend
5/19/2022
Dividend Payable
6/03/2022
Today
8/07/2022
Next Earnings (Confirmed)
8/11/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
44
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$54.44
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+61.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$754.89 million
Pretax Margin
63.41%

Debt

Sales & Book Value

Annual Sales
$1.20 billion
Cash Flow
$1.88 per share
Book Value
$13.86 per share

Miscellaneous

Free Float
N/A
Market Cap
$15.24 billion
Optionable
Optionable
Beta
0.51

Key Executives

  • Mr. Randy V. J. Smallwood P.Eng (Age 57)
    P.Eng., Pres, CEO & Director
    Comp: $2.5M
  • Mr. Gary D. Brown CA (Age 55)
    CFA, Sr. VP & CFO
    Comp: $1.11M
  • Mr. Patrick Eugene Drouin
    Sr. VP of Sustainability & Investor Relations
  • Mr. Curt Domenico Bernardi (Age 54)
    Sr. VP of Legal & Corp. Sec.
    Comp: $1.11M
  • Mr. Haytham Henry Hodaly
    Sr. VP of Corp. Devel.
  • Mr. Neil Burns M.Sc.
    P.Geo., VP of Technical Services
  • Mr. Nikola Tatarkin
    Pres of Wheaton Precious Metals International Ltd
  • Mr. Jamie Beirnes
    VP & Controller













WPM Stock - Frequently Asked Questions

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

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Wheaton Precious Metals stock.
View analyst ratings for Wheaton Precious Metals
or view top-rated stocks.

What is Wheaton Precious Metals' stock price forecast for 2022?

6 analysts have issued twelve-month price targets for Wheaton Precious Metals' shares. Their WPM stock forecasts range from $38.00 to $70.00. On average, they expect Wheaton Precious Metals' stock price to reach $54.44 in the next year. This suggests a possible upside of 61.4% from the stock's current price.
View analysts' price targets for Wheaton Precious Metals
or view top-rated stocks among Wall Street analysts.

How has Wheaton Precious Metals' stock performed in 2022?

Wheaton Precious Metals' stock was trading at $42.93 at the start of the year. Since then, WPM stock has decreased by 21.4% and is now trading at $33.73.
View the best growth stocks for 2022 here
.

When is Wheaton Precious Metals' next earnings date?

Wheaton Precious Metals is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022.
View our earnings forecast for Wheaton Precious Metals
.

How can I listen to Wheaton Precious Metals' earnings call?

Wheaton Precious Metals will be holding an earnings conference call on Friday, August 12th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8677 with passcode "939369#".

How were Wheaton Precious Metals' earnings last quarter?

Wheaton Precious Metals Corp. (NYSE:WPM) announced its earnings results on Thursday, November, 4th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.03. The company had revenue of $268.96 million for the quarter, compared to the consensus estimate of $305.30 million. Wheaton Precious Metals had a trailing twelve-month return on equity of 9.60% and a net margin of 63.33%. The business's revenue for the quarter was down 12.5% on a year-over-year basis. During the same quarter last year, the business posted $0.34 earnings per share.

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

Wheaton Precious Metals announced a quarterly dividend on Monday, May 9th. Stockholders of record on Friday, May 20th will be given a dividend of $0.15 per share on Friday, June 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Thursday, May 19th.
View Wheaton Precious Metals' dividend history
.

Is Wheaton Precious Metals a good dividend stock?

Wheaton Precious Metals(NYSE:WPM) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.78%. Wheaton Precious Metals has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Wheaton Precious Metals is 35.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 44.12% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.
View Wheaton Precious Metals' dividend history.

What other stocks do shareholders of Wheaton Precious Metals own?

What is Wheaton Precious Metals' stock symbol?

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

Who are Wheaton Precious Metals' major shareholders?

Wheaton Precious Metals' stock is owned by a variety of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (4.16%), Connor Clark & Lunn Investment Management Ltd. (1.08%), Vaughan Nelson Investment Management L.P. (1.03%), Horizon Kinetics Asset Management LLC (0.76%), Ruffer LLP (0.67%) and TD Asset Management Inc. (0.59%).

How do I buy shares of Wheaton Precious Metals?

Shares of WPM stock 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.
Compare Top Brokerages Here.

What is Wheaton Precious Metals' stock price today?

One share of WPM stock can currently be purchased for approximately $33.73.

How much money does Wheaton Precious Metals make?

Wheaton Precious Metals (NYSE:WPM) has a market capitalization of $15.24 billion and generates $1.20 billion in revenue each year. The company earns $754.89 million in net income (profit) each year or $1.67 on an earnings per share basis.

How many employees does Wheaton Precious Metals have?

Wheaton Precious Metals employs 44 workers across the globe.

How can I contact Wheaton Precious Metals?

Wheaton Precious Metals' mailing address is 1021 WEST HASTINGS STREEET SUITE 3500, VANCOUVER A1, V6E 0C3. The official website for Wheaton Precious Metals is www.wheatonpm.com. The company can be reached via phone at (604) 684-9648, via email at info@silverwheaton.com, or via fax at 604-684-3123.

This page (NYSE:WPM) was last updated on 8/7/2022 by MarketBeat.com Staff

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