NYSE:WPM Wheaton Precious Metals Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Wheaton Precious Metals Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $48.34 -0.37 (-0.76 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$47.51Now: $48.34▼$48.6150-Day Range$47.23MA: $51.99▼$55.4052-Week Range$18.66Now: $48.34▼$57.89Volume1.50 million shsAverage Volume2.85 million shsMarket Capitalization$21.70 billionP/E Ratio61.19Dividend Yield0.82%Beta0.52 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells silver and gold ores. It has agreements for 19 operating mines and 9 development stage 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.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingWheaton Precious Metals has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 5 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.22, Wheaton Precious Metals has a forecasted upside of 8.0% from its current price of $48.34.Amount of Analyst CoverageWheaton Precious Metals has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesWheaton Precious Metals has received 309 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWheaton Precious Metals has received 403 “underperform” votes. (Add your “underperform” vote.)Community SentimentWheaton Precious Metals has received 56.60% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Wheaton Precious Metals and other stocks. Vote “Outperform” if you believe WPM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WPM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldWheaton Precious Metals has a dividend yield of 0.82%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthWheaton Precious Metals has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Wheaton Precious Metals is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 31.01% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.Percentage Held by Institutions59.45% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Wheaton Precious Metals are expected to grow by 26.47% in the coming year, from $1.02 to $1.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 61.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 61.19, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 34.43.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 10.36. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWheaton Precious Metals has a P/B Ratio of 4.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.66 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:WPM Previous Symbol CUSIPN/A CIK1323404 Webwww.wheatonpm.com Phone604-684-9648Debt Debt-to-Equity Ratio0.12 Current Ratio2.73 Quick Ratio2.73Price-To-Earnings Trailing P/E Ratio61.19 Forward P/E Ratio47.39 P/E Growth10.36 Sales & Book Value Annual Sales$861.33 million Price / Sales25.20 Cash Flow$1.04 per share Price / Cash Flow46.34 Book Value$11.89 per share Price / Book4.07Profitability EPS (Most Recent Fiscal Year)$0.56 Net Income$86.14 million Net Margins37.30% Return on Equity6.50% Return on Assets5.56%Miscellaneous Employees39 Outstanding Shares448,955,000Market Cap$21.70 billion Next Earnings Date11/12/2020 (Estimated) OptionableOptionable $48.34 -0.37 (-0.76 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WPM News and Ratings via Email Sign-up to receive the latest news and ratings for WPM and its competitors with MarketBeat's FREE daily newsletter. Wheaton Precious Metals (NYSE:WPM) Frequently Asked Questions How has Wheaton Precious Metals' stock been impacted by COVID-19? 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 (WHO). Since then, WPM stock has increased by 74.4% and is now trading at $48.34. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Wheaton Precious Metals? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Wheaton Precious Metals. When is Wheaton Precious Metals' next earnings date? Wheaton Precious Metals is scheduled to release its next quarterly earnings announcement on Thursday, November 12th 2020. View our earnings forecast for Wheaton Precious Metals. How were Wheaton Precious Metals' earnings last quarter? Wheaton Precious Metals Corp (NYSE:WPM) posted its quarterly earnings results on Wednesday, August, 12th. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.03. The firm earned $247.95 million during the quarter, compared to analyst estimates of $208.08 million. Wheaton Precious Metals had a net margin of 37.30% and a return on equity of 6.50%. View Wheaton Precious Metals' earnings history. How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals? Wheaton Precious Metals announced a quarterly dividend on Wednesday, August 12th. Investors of record on Thursday, August 27th will be paid a dividend of $0.10 per share on Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Wednesday, August 26th. View Wheaton Precious Metals' dividend history. What price target have analysts set for WPM? 11 brokers have issued 1 year price targets for Wheaton Precious Metals' stock. Their forecasts range from $35.00 to $65.00. On average, they anticipate Wheaton Precious Metals' share price to reach $52.22 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View analysts' price targets for Wheaton Precious Metals. Are investors shorting Wheaton Precious Metals? Wheaton Precious Metals saw a decrease in short interest in August. As of August 31st, there was short interest totaling 10,300,000 shares, a decrease of 15.5% from the August 15th total of 12,190,000 shares. Based on an average trading volume of 2,430,000 shares, the days-to-cover ratio is currently 4.2 days. Approximately 2.3% of the company's shares are sold short. View Wheaton Precious Metals' Short Interest. Who are some of Wheaton Precious Metals' key competitors? 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), Kinross Gold (KGC), AngloGold Ashanti (AU), Gold Fields (GFI), Sibanye Gold (SBGL), B2Gold (BTG), Pan American Silver (PAAS), Yamana Gold (AUY), NovaGold Resources (NG) and Alamos Gold (AGI). View all competitors. 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 Intl (VRX) and Toronto-Dominion Bank (TD). Who are Wheaton Precious Metals' key executives? Wheaton Precious Metals' management team includes the following people: Mr. Randy V. J. Smallwood P.Eng., P.Eng, Pres, CEO & Director (Age 54)Mr. Gary D. Brown CA, CFA, Sr. VP & CFO (Age 52)Mr. Curt Domenico Bernardi, Sr. VP of Legal & Corp. Sec. (Age 51)Mr. Haytham H. Hodaly, Sr. VP of Corp. Devel.Mr. Nikola Tatarkin, Pres of Wheaton Precious Metals International Ltd 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 a variety of institutional and retail investors. Top institutional investors include First Eagle Investment Management LLC (4.86%), FMR LLC (3.06%), Vanguard Group Inc. (2.98%), FIL Ltd (2.67%), Ruffer LLP (0.97%) and Swiss National Bank (0.85%). Which major investors are selling Wheaton Precious Metals stock? WPM stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Ninety One UK Ltd, Russell Investments Group Ltd., Driehaus Capital Management LLC, Man Group plc, Toronto Dominion Bank, Bank of Nova Scotia, and Intact Investment Management Inc.. Which major investors are buying Wheaton Precious Metals stock? WPM stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, SG Americas Securities LLC, Toronto Dominion Bank, FIL Ltd, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Great West Life Assurance Co. Can, Waratah Capital Advisors Ltd., and TD Asset Management Inc.. How do I buy shares of Wheaton Precious Metals? 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. What is Wheaton Precious Metals' stock price today? One share of WPM stock can currently be purchased for approximately $48.34. How big of a company is Wheaton Precious Metals? Wheaton Precious Metals has a market capitalization of $21.70 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. What is Wheaton Precious Metals' official website? The official website for Wheaton Precious Metals is www.wheatonpm.com. How can I contact Wheaton Precious Metals? 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] This page was last updated on 9/27/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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