Wheaton Precious Metals - WPM Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 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.

4 equities research analysts have issued 1-year target prices for Wheaton Precious Metals' shares. Their WPM share price forecasts range from C$40.00 to C$70.00. On average, they expect the company's share price to reach C$60.40 in the next twelve months. This suggests that the stock has a possible downside of 7.5%.
View analysts price targets for WPM or view top-rated stocks among Wall Street analysts.

Wheaton Precious Metals' stock was trading at C$52.90 on January 1st, 2023. Since then, WPM stock has increased by 23.4% and is now trading at C$65.27.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our WPM earnings forecast.

Wheaton Precious Metals Corp. (TSE:WPM) issued its earnings results on Thursday, March, 9th. The company reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.01. The firm earned $320.49 million during the quarter, compared to analysts' expectations of $326.23 million. Wheaton Precious Metals had a net margin of 62.83% and a trailing twelve-month return on equity of 10.32%.

Wheaton Precious Metals announced a quarterly dividend on Thursday, March 9th. Shareholders of record on Friday, March 24th will be given a dividend of 0.205 per share on Thursday, April 6th. This represents a $0.82 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Thursday, March 23rd. This is a boost from the stock's previous quarterly dividend of C$0.20.
Read our dividend analysis for WPM.

Wheaton Precious Metals (TSE:WPM) pays an annual dividend of C$0.83 per share and currently has a dividend yield of 1.32%. The dividend payout ratio is 40.69%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WPM.

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 Toronto Stock Exchange (TSX) under the ticker symbol "WPM."

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One share of WPM stock can currently be purchased for approximately C$65.27.

Wheaton Precious Metals (TSE:WPM) has a market capitalization of C$29.52 billion and generates C$1.07 billion in revenue each year. The company earns C$669.13 million in net income (profit) each year or C$2.04 on an earnings per share basis.

Wheaton Precious Metals' mailing address is 1021 Hastings St W Suite 3500, VANCOUVER, BC V6E 0C3, Canada. The official website for the company is www.wheatonpm.com. The company can be reached via phone at +1-604-6849648.