Wheaton Precious Metals Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 2 hold ratings and 10 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 Monday, November 8th 2021.
View our earnings forecast for Wheaton Precious Metals.

Wheaton Precious Metals Corp. (NYSE:WPM) posted its quarterly earnings data on Thursday, August, 12th. The company reported $0.36 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.37 by $0.01. The company had revenue of $330.39 million for the quarter, compared to the consensus estimate of $320.49 million. Wheaton Precious Metals had a trailing twelve-month return on equity of 10.84% and a net margin of 50.90%.
View Wheaton Precious Metals' earnings history.

Wheaton Precious Metals' stock was trading at $27.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WPM stock has increased by 48.7% and is now trading at $41.22.
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Wheaton Precious Metals declared a quarterly dividend on Monday, August 16th. Stockholders of record on Friday, August 27th will be given a dividend of $0.15 per share on Thursday, September 9th. This represents a $0.60 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, August 26th. This is a positive change from Wheaton Precious Metals's previous quarterly dividend of $0.14.
View Wheaton Precious Metals' dividend history.

Wheaton Precious Metals pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.44%. The dividend payout ratio of Wheaton Precious Metals is 53.57%. 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 35.71% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.
View Wheaton Precious Metals' dividend history.

12 brokers have issued 1 year price targets for Wheaton Precious Metals' stock. Their forecasts range from $39.00 to $82.00. On average, they anticipate Wheaton Precious Metals' share price to reach $59.89 in the next twelve months. This suggests a possible upside of 45.3% 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), Kirkland Lake Gold (KL), Sibanye Stillwater (SBSW), Gold Fields (GFI), Kinross Gold (KGC), AngloGold Ashanti (AU), Pan American Silver (PAAS), Yamana Gold (AUY), B2Gold (BTG), First Majestic Silver (AG) and Alamos Gold (AGI).
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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 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 a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (4.99%), Franklin Resources Inc. (3.57%), FMR LLC (3.05%), Vanguard Group Inc. (2.98%), Royal Bank of Canada (2.70%) and Massachusetts Financial Services Co. MA (1.41%).

WPM stock was sold by a variety of institutional investors in the last quarter, including Swiss National Bank, Franklin Resources Inc., Carmignac Gestion, Deutsche Bank AG, Marshall Wace LLP, Marshall Wace LLP, Morgan Stanley, and Morgan Stanley.

WPM stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Connor Clark & Lunn Investment Management Ltd., Amundi, Bank of America Corp DE, Bank of America Corp DE, Goldman Sachs Group Inc., Mackenzie Financial Corp, and Healthcare of Ontario Pension Plan Trust Fund.

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 $41.22.

Wheaton Precious Metals has a market capitalization of $18.56 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 40 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]