Wheaton Precious Metals Stock Forecast, Price & News

Wheaton Precious Metals' stock was trading at $27.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WPM shares have increased by 39.5% and is now trading at $38.68.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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) released its quarterly earnings data on Monday, November, 9th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. The firm earned $307.27 million during the quarter, compared to the consensus estimate of $297 million. Wheaton Precious Metals had a return on equity of 6.50% and a net margin of 37.30%. The company's quarterly revenue was up 37.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 EPS.
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 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 1.24%. 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.

12 brokerages have issued 12-month target prices for Wheaton Precious Metals' stock. Their forecasts range from $35.00 to $65.00. On average, they expect Wheaton Precious Metals' share price to reach $52.60 in the next twelve months. This suggests a possible upside of 36.0% from the stock's current price.
View analysts' price targets for Wheaton Precious Metals.

Wheaton Precious Metals saw a decline in short interest during the month of October. As of October 30th, there was short interest totaling 8,040,000 shares, a decline of 16.0% from the October 15th total of 9,570,000 shares. Based on an average daily volume of 1,890,000 shares, the short-interest ratio is presently 4.3 days. Approximately 1.8% of the company's shares are sold short.
View Wheaton Precious Metals' Short Interest.

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), Kirkland Lake Gold (KL), Sibanye Stillwater (SBSW), Sibanye Gold (SBGL), Kinross Gold (KGC), AngloGold Ashanti (AU), Gold Fields (GFI), Pan American Silver (PAAS), B2Gold (BTG), B2Gold (BTG) and Yamana Gold (AUY).
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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 a number of retail and institutional investors. Top institutional investors include Arrowstreet Capital Limited Partnership (1.55%), Swiss National Bank (0.84%), TD Asset Management Inc. (0.67%), The Manufacturers Life Insurance Company (0.66%), Great West Life Assurance Co. Can (0.66%) and Great West Life Assurance Co. Can (0.65%).

WPM stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., SG Americas Securities LLC, Guardian Capital LP, Standard Life Aberdeen plc, BlackRock Inc., Gabelli Funds LLC, Ninety One UK Ltd, and Kopernik Global Investors LLC.

WPM stock was acquired by a variety of institutional investors in the last quarter, including Alleghany Corp DE, Arrowstreet Capital Limited Partnership, Sprott Inc., The Manufacturers Life Insurance Company, CIBC Asset Management Inc, Morgan Stanley, Voloridge Investment Management LLC, and Connor Clark & Lunn Investment Management Ltd..

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 $38.68.

Wheaton Precious Metals has a market capitalization of $17.37 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]