Wheaton Precious Metals Stock Forecast, Price & News

15 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 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Wheaton Precious Metals stock.
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Wheaton Precious Metals is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Wheaton Precious Metals.

Wheaton Precious Metals will be holding an earnings conference call on Thursday, March 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

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 (WHO). Since then, WPM stock has increased by 30.6% and is now trading at $36.21.
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Wheaton Precious Metals declared a quarterly dividend on Monday, November 9th. Stockholders of record on Wednesday, November 25th will be given a dividend of $0.12 per share on Thursday, December 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Tuesday, November 24th. This is a boost 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 1.34%. 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.

15 brokers have issued 12-month price objectives for Wheaton Precious Metals' stock. Their forecasts range from $35.00 to $84.00. On average, they expect Wheaton Precious Metals' stock price to reach $55.36 in the next year. This suggests a possible upside of 52.9% from the stock's current price.
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Some companies that are related to Wheaton Precious Metals include Newmont (NEM), Barrick Gold (ABX), Barrick Gold (GOLD), Franco-Nevada (FNV), Sibanye Stillwater (SBSW), Agnico Eagle Mines (AEM), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Gold Fields (GFI), Kinross Gold (KGC), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), First Majestic Silver (AG) and Alamos Gold (AGI).
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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 Inc. (VET.TO) (VET), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (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 a variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (4.80%), FIL Ltd (1.94%), Swiss National Bank (0.80%), CIBC World Markets Inc. (0.68%), The Manufacturers Life Insurance Company (0.66%) and Ruffer LLP (0.62%).

WPM stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Clearbridge Investments LLC, Federated Hermes Inc., BlackRock Inc., Guardian Capital LP, CIBC Asset Management Inc, Sumitomo Mitsui Trust Holdings Inc., and Russell Investments Group Ltd..

WPM stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Van ECK Associates Corp, Morgan Stanley, JBF Capital Inc., Addenda Capital Inc., Jupiter Asset Management Ltd., Canada Pension Plan Investment Board, and Kopernik Global Investors LLC.

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.
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One share of WPM stock can currently be purchased for approximately $36.21.

Wheaton Precious Metals has a market capitalization of $16.27 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 is headquartered at 1021 WEST HASTINGS STREEET SUITE 3500, VANCOUVER A1, V6E 0C3.

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]