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 77.5% and is now trading at $49.21.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Wheaton Precious Metals is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020.
View our earnings forecast for Wheaton Precious Metals.

Wheaton Precious Metals Corp (NYSE:WPM) announced its earnings results on Wednesday, March, 11th. The company reported $0.17 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.17. The firm 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 firm's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.08 earnings per share.
View Wheaton Precious Metals' earnings history.

Wheaton Precious Metals declared a quarterly dividend on Wednesday, May 6th. Stockholders 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 yield of 0.81%. The ex-dividend date of this dividend is Thursday, May 21st.
View Wheaton Precious Metals' dividend history.

10 analysts have issued 1 year price objectives for Wheaton Precious Metals' stock. Their forecasts range from $35.00 to $65.00. On average, they anticipate Wheaton Precious Metals' stock price to reach $45.78 in the next twelve months. This suggests that the stock has a possible downside of 7.0%.
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News coverage about WPM stock has been trending negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wheaton Precious Metals earned a coverage optimism score of -2.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Wheaton Precious Metals.

Wheaton Precious Metals saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 8,500,000 shares, a drop of 12.6% from the January 31st total of 9,720,000 shares. Based on an average daily volume of 2,080,000 shares, the short-interest ratio is presently 4.1 days. Approximately 1.9% of the company's stock are sold short.
View Wheaton Precious Metals' Short Interest.

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), Sibanye Gold (SBGL), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY) and First Majestic Silver (AG).
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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 (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 institutional and retail investors. Top institutional investors include First Eagle Investment Management LLC (4.86%), Ruffer LLP (0.97%), Swiss National Bank (0.85%), Bank of Nova Scotia (0.84%), Sumitomo Mitsui Trust Holdings Inc. (0.47%) and DekaBank Deutsche Girozentrale (0.35%).

WPM stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Russell Investments Group Ltd., Toronto Dominion Bank, Bank of Nova Scotia, Intact Investment Management Inc., Ruffer LLP, Alberta Investment Management Corp, and First Trust Advisors LP.

WPM stock was acquired by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Natixis Advisors L.P., Scotia Capital Inc., Delta Investment Management LLC, Swiss National Bank, BI Asset Management Fondsmaeglerselskab A S, Bessemer Group Inc., and Hexavest Inc..

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 $49.21.

Wheaton Precious Metals has a market capitalization of $22.09 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]