Wheaton Precious Metals - WPM Stock Forecast, Price & News

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.
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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.
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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.
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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.

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#".

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.

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.

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.

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 International (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 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%).

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

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.

Wheaton Precious Metals employs 44 workers across the globe.

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.