NYSE:WPMWheaton Precious Metals Stock Price, Forecast & News

Wheaton Precious Metals' stock was trading at $27.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WPM shares have 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) announced its quarterly earnings data on Wednesday, March, 11th. The company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. The business earned $223.22 million during the quarter, compared to analyst estimates of $233.57 million. Wheaton Precious Metals had a return on equity of 5.59% and a net margin of 13.88%. The company's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS. View Wheaton Precious Metals' earnings history.

Wheaton Precious Metals announced a quarterly dividend on Wednesday, May 6th. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date is Thursday, May 21st. View Wheaton Precious Metals' dividend history.

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

News stories about WPM stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by analyzing 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 media sentiment score of 0.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the near term. View the latest news aboutWheaton Precious Metals.

Wheaton Precious Metals saw a increase in short interest in 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 short-interest ratio is currently 3.3 days. Currently, 2.7% of the company's stock are short sold. 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 a number of retail and institutional investors. Top institutional investors 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 purchased 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]