Wheaton Precious Metals Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 2 hold ratings and 11 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, August 12th 2021.
View our earnings forecast for Wheaton Precious Metals.

Wheaton Precious Metals will be holding an earnings conference call on Friday, August 13th 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 "071335#".

Wheaton Precious Metals Corp. (NYSE:WPM) released its quarterly earnings results on Thursday, May, 6th. The company reported $0.36 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.36. The company earned $324.12 million during the quarter, compared to the consensus estimate of $335.94 million. Wheaton Precious Metals had a trailing twelve-month return on equity of 9.95% and a net margin of 49.33%. The business's quarterly revenue was up 27.2% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share.
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. Since then, WPM shares have increased by 57.8% and is now trading at $43.73.
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Wheaton Precious Metals declared a quarterly dividend on Monday, May 10th. Shareholders of record on Friday, May 21st will be paid a dividend of $0.14 per share on Thursday, June 3rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Thursday, May 20th. This is a positive change from Wheaton Precious Metals's previous quarterly dividend of $0.13.
View Wheaton Precious Metals' dividend history.

Wheaton Precious Metals pays an annual dividend of $0.22 per share and currently has a dividend yield of 0.50%. Wheaton Precious Metals does not yet have a strong track record of dividend growth. The dividend payout ratio of Wheaton Precious Metals is 19.64%. 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 13.10% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.
View Wheaton Precious Metals' dividend history.

13 brokers have issued 1-year price objectives for Wheaton Precious Metals' stock. Their forecasts range from $39.00 to $82.00. On average, they expect Wheaton Precious Metals' share price to reach $59.40 in the next twelve months. This suggests a possible upside of 35.8% 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), Agnico Eagle Mines (AEM), Sibanye Stillwater (SBSW), 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).
View all of WPM's 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 International (VRX) and The 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 shareholders include Veracity Capital LLC (0.01%), DORCHESTER WEALTH MANAGEMENT Co (0.00%) and Pure Financial Advisors Inc. (0.00%).

WPM stock was acquired by a variety of institutional investors in the last quarter, including Pure Financial Advisors Inc., Veracity Capital LLC, and DORCHESTER WEALTH MANAGEMENT Co.

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 $43.73.

Wheaton Precious Metals has a market capitalization of $19.68 billion and generates $1.10 billion in revenue each year. The company earns $507.80 million in net income (profit) each year or $1.12 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]