NYSE:WPM

Wheaton Precious Metals - WPM Stock Forecast, Price & News

$39.42

+0.61 (+1.57%)

(As of 12/7/2022 12:00 AM ET)

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Today's Range: $39.09
▼
$39.89
50-Day Range: $30.67
▼
$40.12
52-Week Range: $28.62
▼
$51.90

Volume: 2.17 million shs
Average Volume: 2.61 million shs
Market Capitalization: $17.82 billion

P/E Ratio: 22.40
Dividend Yield: 1.55%
Price Target: $52.43

Wheaton Precious Metals MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 33.0% Upside
$52.43 Price Target
Short Interest: Bearish
3.68% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.48
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 1.69%
From $1.18 to $1.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Basic Materials Sector

107th out of 164 stocks

Gold & Silver Ores Industry

20th out of 37 stocks

3.4

Analyst's Opinion

Consensus Rating
Wheaton Precious Metals has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $52.43, Wheaton Precious Metals has a forecasted upside of 33.0% from its current price of $39.42.
Amount of Analyst Coverage
Wheaton Precious Metals has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.68% of the float of Wheaton Precious Metals has been sold short.
Short Interest Ratio / Days to Cover
Wheaton Precious Metals has a short interest ratio ("days to cover") of 6.3.
Change versus previous month
Short interest in Wheaton Precious Metals has recently increased by 2.28%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Wheaton Precious Metals pays a meaningful dividend of 1.55%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Wheaton Precious Metals has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Wheaton Precious Metals is 34.09%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 50.00% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Wheaton Precious Metals has received a -134.06% net impact score from Upright. The largest negative impact of Wheaton Precious Metals in category "GHG emissions" seems to be driven mostly by its "Mutual funds investing in gold", "Mutual funds investing in silver", and "Mutual funds investing in cobalt" products. See details.
Environmental Sustainability
The Environmental Impact score for Wheaton Precious Metals is -3.48.

1.1

News and Social Media Coverage

Search Interest
29 people have searched for WPM on MarketBeat in the last 30 days. This is an increase of 123% compared to the previous 30 days.
MarketBeat Follows
11 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.
Percentage Held by Institutions
56.62% of the stock of Wheaton Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Wheaton Precious Metals are expected to grow by 1.69% in the coming year, from $1.18 to $1.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wheaton Precious Metals is 22.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wheaton Precious Metals is 22.40, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 83.38.
Price to Earnings Growth Ratio
Wheaton Precious Metals has a PEG Ratio of 6.61. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Wheaton Precious Metals has a P/B Ratio of 2.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Wheaton Precious Metals (NYSE:WPM) Stock

Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests in the 23 operating mines and 13 development projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

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WPM Stock News Headlines

November 13, 2022 | finance.yahoo.com

Why You Might Be Interested In Wheaton Precious Metals Corp. (TSE:WPM) For Its Upcoming Dividend

October 20, 2022 | finance.yahoo.com

11 Best Metal Stocks to Invest In

September 26, 2022 | nasdaq.com

Wheaton Precious Metals Corp is Now Oversold (WPM)

September 15, 2022 | finance.yahoo.com

Silver is outperforming gold this month, and that’s just the start

September 10, 2022 | finance.yahoo.com

‘Millions will be wiped out’: Robert Kiyosaki says that the big crash he predicted is here. But right now could also be the perfect time to 'get richer' — here's how

September 1, 2022 | nasdaq.com

Wheaton Precious Metals Corp Shares Fall 2.1% Below Previous 52-Week Low - Market Mover

August 20, 2022 | lse.co.uk

Wheaton Precious Metals terminates silver stream at Yauliyacu mine

August 12, 2022 | fool.com

Wheaton Precious Metals Corp. (WPM) Q2 2022 Earnings Call Transcript

July 11, 2022 | finance.yahoo.com

WHEATON PRECIOUS METALS TO RELEASE 2022 SECOND QUARTER RESULTS ON AUGUST 11, 2022

June 15, 2022 | finance.yahoo.com

Wheaton Precious Metals Corp. (TSE:WPM) Shares Could Be 24% Below Their Intrinsic Value Estimate

June 9, 2022 | nasdaq.com

July 29th Options Now Available For Wheaton Precious Metals (WPM)

May 11, 2022 | finance.yahoo.com

I Ran A Stock Scan For Earnings Growth And Wheaton Precious Metals (TSE:WPM) Passed With Ease

May 10, 2022 | seekingalpha.com

Wheaton Precious Metals: Weak Gold Production In Q1 2022

May 5, 2022 | finance.yahoo.com

Wheaton Precious Metals Corp. (WPM) Q1 Earnings Top Estimates

May 4, 2022 | seekingalpha.com

What's in store for Wheaton Precious Metals Q1 2022 Earnings?

April 29, 2022 | theglobeandmail.com

Bullish on Wheaton Precious Metals Corp.

April 28, 2022 | stocknews.com

Will Wheaton Precious Metals Make New Highs in 2022?

April 10, 2022 | finance.yahoo.com

Those who invested in Wheaton Precious Metals (TSE:WPM) five years ago are up 131%

March 28, 2022 | finance.yahoo.com

WHEATON PRECIOUS METALS ANNOUNCES RETIREMENT OF BOARD CHAIR

March 10, 2022 | finance.yahoo.com

Wheaton Precious Metals Corp. (WPM) Q4 Earnings and Revenues Lag Estimates

March 10, 2022 | seekingalpha.com

Wheaton Precious Metals Non-GAAP EPS of $0.29 misses by $0.02, revenue of $278.2M misses by $9.79M

March 10, 2022 | finance.yahoo.com

WHEATON PRECIOUS METALS DECLARES QUARTERLY DIVIDEND

March 7, 2022 | proactiveinvestors.com

Royalty round-up: The sector comes roaring back

March 3, 2022 | msn.com

Counter a Volatile Market With Some Defensive Investments

March 2, 2022 | finance.yahoo.com

TECK vs. WPM: Which Stock Is the Better Value Option?

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30 days | 90 days | 365 days | Advanced Chart

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WPM Company Calendar

Ex-Dividend for 9/8 Dividend: 9/07/2022
Dividend Payable: 9/08/2022
Last Earnings: 11/03/2022
Ex-Dividend for 12/1 Dividend: 11/18/2022
Dividend Payable: 12/01/2022
Today: 12/07/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 3/09/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:WPM
CUSIP: N/A
CIK: 1323404
Web: www.wheatonpm.com
Phone: (604) 684-9648
Fax: 604-684-3123
Employees: 44
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $52.43
High Stock Price Forecast: $67.00
Low Stock Price Forecast: $38.00
Forecasted Upside/Downside: +33.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.76
Trailing P/E Ratio: 22.40
Forward P/E Ratio: 33.41
P/E Growth: 6.61
Net Income: $754.89 million
Net Margins: 71.79%
Pretax Margin: 73.01%
Return on Equity: 8.35%
Return on Assets: 8.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 18.18
Quick Ratio: 18.18

Sales & Book Value

Annual Sales: $1.20 billion
Price / Sales: 14.83
Cash Flow: $1.91 per share
Price / Cash Flow: 20.65
Book Value: $13.86 per share
Price / Book: 2.84

Miscellaneous

Outstanding Shares: 451,963,000
Free Float: N/A
Market Cap: $17.82 billion
Optionable: Optionable
Beta: 0.51

Key Executives

Mr. Randy V. J. Smallwood P.Eng (Age 57)
P.Eng., Pres, CEO & Director
Comp: $2.44M

Mr. Gary D. Brown CA (Age 55)
CFA, Sr. VP & CFO
Comp: $1.08M

Mr. Patrick Eugene Drouin
Sr. VP of Sustainability & Investor Relations

Mr. Curt Domenico Bernardi (Age 54)
Sr. VP of Legal & Corp. Sec.
Comp: $1.08M

Mr. Haytham Henry Hodaly
Sr. VP of Corp. Devel.

Mr. Neil Burns M.Sc.
P.Geo., VP of Technical Services

Mr. Nikola Tatarkin
Pres of Wheaton Precious Metals International Ltd

Mr. Jamie Beirnes
VP & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WPM Stock - Frequently Asked Questions

Should I buy or sell Wheaton Precious Metals stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WPM shares.
View WPM analyst ratings or view top-rated stocks.
What is Wheaton Precious Metals' stock price forecast for 2023?: 5 Wall Street analysts have issued 1 year target prices for Wheaton Precious Metals' shares. Their WPM share price forecasts range from $38.00 to $67.00. On average, they predict the company's stock price to reach $52.43 in the next twelve months. This suggests a possible upside of 33.0% from the stock's current price.
View analysts price targets for WPM or view top-rated stocks among Wall Street analysts.
How have WPM shares performed in 2022?: Wheaton Precious Metals' stock was trading at $42.93 at the beginning of 2022. Since then, WPM stock has decreased by 8.2% and is now trading at $39.42.
View the best growth stocks for 2022 here.
When is Wheaton Precious Metals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
View our WPM earnings forecast.
How were Wheaton Precious Metals' earnings last quarter?: Wheaton Precious Metals Corp. (NYSE:WPM) released its quarterly earnings data on Thursday, November, 3rd. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.02. The company had revenue of $218.84 million for the quarter, compared to analyst estimates of $237.90 million. Wheaton Precious Metals had a net margin of 71.79% and a trailing twelve-month return on equity of 8.35%.
How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals?: Wheaton Precious Metals declared a quarterly dividend on Thursday, November 3rd. Investors of record on Monday, November 21st will be given a dividend of $0.15 per share on Thursday, December 1st. This represents a $0.60 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Friday, November 18th.
Read our dividend analysis for WPM.

Is Wheaton Precious Metals a good dividend stock?: Wheaton Precious Metals (NYSE:WPM) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.55%. The company 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 is 34.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WPM.
What other stocks do shareholders of Wheaton Precious Metals own?: 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).
What is Wheaton Precious Metals' stock symbol?: Wheaton Precious Metals trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPM."
Who are Wheaton Precious Metals' major shareholders?: Wheaton Precious Metals' stock is owned by many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (4.22%), Vanguard Group Inc. (3.39%), Royal Bank of Canada (2.25%), Massachusetts Financial Services Co. MA (1.50%), Vaughan Nelson Investment Management L.P. (1.19%) and Connor Clark & Lunn Investment Management Ltd. (0.90%).
How do I buy shares of Wheaton Precious Metals?: 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.
Compare Top Brokerages Here.
What is Wheaton Precious Metals' stock price today?: One share of WPM stock can currently be purchased for approximately $39.42.
How much money does Wheaton Precious Metals make?: Wheaton Precious Metals (NYSE:WPM) has a market capitalization of $17.82 billion and generates $1.20 billion in revenue each year. The company earns $754.89 million in net income (profit) each year or $1.76 on an earnings per share basis.
How can I contact Wheaton Precious Metals?: Wheaton Precious Metals' mailing address is 1021 WEST HASTINGS STREEET SUITE 3500, VANCOUVER A1, V6E 0C3. The official website for the company 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.

This page (NYSE:WPM) was last updated on 12/7/2022 by MarketBeat.com Staff

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