Positive News SentimentPositive NewsNYSE:WPM Wheaton Precious Metals (WPM) Stock Price, News & Analysis → Estee Lauder, MAC, and other beauty brands are raving about this emerging NYSE AI company (From Financial Markets Daily) (Ad) Free WPM Stock Alerts $53.52 +0.19 (+0.36%) (As of 06/12/2024 ET) Add Compare Share Share Today's Range$53.16▼$54.5650-Day Range$50.03▼$57.8552-Week Range$38.37▼$57.87Volume1.04 million shsAverage Volume2.00 million shsMarket Capitalization$24.26 billionP/E Ratio41.17Dividend Yield1.16%Price Target$57.39 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Wheaton Precious Metals alerts: Email Address Wheaton Precious Metals MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside7.2% Upside$57.39 Price TargetShort InterestHealthy3.85% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment1.65Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth13.95%From $1.29 to $1.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.17 out of 5 starsBasic Materials Sector32nd out of 173 stocksGold & Silver Ores Industry4th out of 37 stocks 2.4 Analyst's Opinion Consensus RatingWheaton Precious Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageWheaton Precious Metals has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Wheaton Precious Metals' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.85% of the float of Wheaton Precious Metals has been sold short.Short Interest Ratio / Days to CoverWheaton Precious Metals has a short interest ratio ("days to cover") of 9.1.Change versus previous monthShort interest in Wheaton Precious Metals has recently decreased by 9.44%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldWheaton Precious Metals pays a meaningful dividend of 1.18%, higher than 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 47.69%. 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 42.18% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.Read more about Wheaton Precious Metals' dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWheaton 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 SustainabilityThe Environmental Impact score for Wheaton Precious Metals is -3.48. Previous Next 3.7 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 1.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Wheaton Precious Metals this week, compared to 5 articles on an average week.Search Interest17 people have searched for WPM on MarketBeat in the last 30 days. This is an increase of 143% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days. Previous Next 1.7 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 Institutions70.34% 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.Read more about Wheaton Precious Metals' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Wheaton Precious Metals are expected to grow by 13.95% in the coming year, from $1.29 to $1.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 41.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 41.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 143.42.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 1.94. 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 3.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Wheaton Precious Metals' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad HedgeyeNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analysis meets hedge fund-level market foresight!TRY "INVESTING IDEAS" TODAY About Wheaton Precious Metals Stock (NYSE:WPM)Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. 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 WPM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WPM Stock News HeadlinesJune 13 at 2:28 AM | americanbankingnews.comAnalysts Set Wheaton Precious Metals Corp. (NYSE:WPM) Target Price at $57.39June 6, 2024 | investorplace.comThe New Norm: 7 Stocks to Buy for the Possibility of Permanent InflationMay 29, 2024 | investorplace.com3 Precious Metals Stocks to Own as the U.S. Dollar DeclinesMay 28, 2024 | investorplace.com7 Gold Stocks to Buy Amid Alarming Fear Trade SignalsMay 25, 2024 | investorplace.comThe Commodity Kings: 3 Stocks to Dig Into NowMay 23, 2024 | prnewswire.comWheaton Precious Metals Publishes 2023 Sustainability ReportMay 16, 2024 | finance.yahoo.comSilver Is Ready to Break Out. What to Watch For.May 13, 2024 | seekingalpha.comBullish On Gold? Don't Buy Gold Miners, Buy Wheaton InsteadMay 12, 2024 | finance.yahoo.comWheaton Precious Metals Corp. (NYSE:WPM) Q1 2024 Earnings Call TranscriptMay 11, 2024 | uk.investing.comWheaton Precious Metals Q1 Earnings: Taking a Look at Key Metrics Versus EstimatesMay 10, 2024 | prnewswire.comWheaton Precious Metals Announces Election of Directors and Approval of Special Matters and Welcomes New Board MemberMay 10, 2024 | seekingalpha.comWheaton Precious Metals Corp. 2024 Q1 - Results - Earnings Call PresentationMay 9, 2024 | prnewswire.comWheaton Precious Metals Announces Quarterly DividendMay 9, 2024 | investorplace.com3 Materials Stocks to Sell in May Before They Crash & BurnMay 2, 2024 | benzinga.comHere's How Much $1000 Invested In Wheaton Precious Metals 5 Years Ago Would Be Worth TodayApril 26, 2024 | finance.yahoo.comDo Its Financials Have Any Role To Play In Driving Wheaton Precious Metals Corp.'s (TSE:WPM) Stock Up Recently?April 20, 2024 | seekingalpha.comWPM:CA Wheaton Precious Metals Corp.April 20, 2024 | finance.yahoo.comGold Miners- Primed to Catch Up, Overtake Gold as Precious Metals RallyApril 18, 2024 | finance.yahoo.comGold Prices Can Keep Rallying, This Investing Pro Says. Here Are Her Picks.April 10, 2024 | 247wallst.comCould Gold Hit $5000? Buy 6 Dividend Paying Stocks Wall Street LovesApril 10, 2024 | investorplace.com7 Gold Stocks to Buy as the Fear Trade Kicks into High GearApril 8, 2024 | investorplace.comCash In on Silver Price Momentum with Wheaton Precious Metals StockMarch 28, 2024 | prnewswire.comWheaton Precious Metals Provides Details of Annual and Special Meeting of Shareholders and Files Form 40-FMarch 24, 2024 | insidermonkey.com5 Most Profitable Gold Stocks To Invest InMarch 16, 2024 | nz.finance.yahoo.comMarried Man Accused of Killing Girlfriend After Fisherman Discovers Bag with Toes Sticking OutSee More Headlines Receive WPM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wheaton Precious Metals and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/15 Dividend4/02/2024Dividend Payable4/15/2024Last Earnings5/09/2024Ex-Dividend for 6/11 Dividend5/29/2024Dividend Payable6/11/2024Today6/13/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Gold & silver ores Sub-IndustryN/A Current SymbolNYSE:WPM CUSIPN/A CIK1323404 Webwww.wheatonpm.com Phone(604) 684-9648Fax604-684-3123Employees42Year FoundedN/APrice Target and Rating Average Stock Price Target$57.39 High Stock Price Target$75.00 Low Stock Price Target$37.00 Potential Upside/Downside+7.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.30 Trailing P/E Ratio41.17 Forward P/E Ratio41.49 P/E Growth1.94Net Income$537.64 million Net Margins53.74% Pretax Margin54.47% Return on Equity8.53% Return on Assets8.47% Debt Debt-to-Equity RatioN/A Current Ratio3.65 Quick Ratio3.65 Sales & Book Value Annual Sales$1.10 billion Price / Sales22.09 Cash Flow$1.64 per share Price / Cash Flow32.55 Book Value$15.42 per share Price / Book3.47Miscellaneous Outstanding Shares453,316,000Free FloatN/AMarket Cap$24.26 billion OptionableOptionable Beta0.78 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Randy V. J. Smallwood P.Eng. (Age 59)President, CEO & Director Comp: $2.61MMr. Gary D. Brown CA (Age 57)CFA, Senior VP & CFO Comp: $1.11MMr. Curt Domenico Bernardi LLB (Age 56)Senior VP of Legal & Strategic Development and Corporate Secretary Comp: $1.15MMr. Haytham Henry HodalySenior Vice President of Corporate DevelopmentMr. Patrick Eugene DrouinPresident of Wheaton International & Chief Sustainability OfficerMr. Neil Burns M.Sc.P.Geo., Vice President of Technical ServicesEmma MurrayVice President of Investor RelationsSimona AntolakVice President of Communications & Corporate AffairsMr. Nikola TatarkinPresident of Wheaton Precious Metals International LtdMr. Jamie BeirnesVP & ControllerMore ExecutivesKey CompetitorsNewmontNYSE:NEMAgnico Eagle MinesNYSE:AEMBarrick GoldNYSE:GOLDFranco-NevadaNYSE:FNVGold FieldsNYSE:GFIView All CompetitorsInstitutional OwnershipDekaBank Deutsche GirozentraleSold 59,243 shares on 6/4/2024Ownership: 0.364%Cetera Investment AdvisersBought 16,570 shares on 5/24/2024Ownership: 0.008%Cetera Advisors LLCBought 8,488 shares on 5/24/2024Ownership: 0.002%Creekmur Asset Management LLCSold 10,932 shares on 5/17/2024Ownership: 0.013%Western Pacific Wealth Management LPBought 218 shares on 5/17/2024Ownership: 0.000%View All Institutional Transactions Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.: Wheaton Precious Metals Corp. has shown consistent growth in revenue and earnings over the past few quarters, indicating a strong financial performance. The company's dividend yield is attractive, providing investors with a steady income stream. Dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. Recent developments in the precious metals market, such as increasing demand for gold and silver, could positively impact Wheaton Precious Metals Corp.'s profitability. Wheaton Precious Metals Corp.'s stock price has been on an upward trend, reflecting positive investor sentiment and potential for capital appreciation. The company's business model of streaming precious metals allows for exposure to the sector without the risks associated with traditional mining operations. Cons Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons: Volatility in precious metals prices can impact Wheaton Precious Metals Corp.'s financial performance and stock price, leading to potential investment risks. Changes in government regulations or policies related to mining and precious metals could affect the company's operations and profitability. Market competition in the precious metals streaming industry may limit Wheaton Precious Metals Corp.'s ability to maintain its market share and pricing power. Global economic conditions and geopolitical uncertainties can influence the demand for precious metals, impacting Wheaton Precious Metals Corp.'s revenue and earnings. Investing in precious metals involves exposure to commodity price fluctuations, which can result in unpredictable returns for investors. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 7, 2024. Please send any questions or comments about these Wheaton Precious Metals pros and cons to contact@marketbeat.com. WPM Stock Analysis - Frequently Asked Questions Should I buy or sell Wheaton Precious Metals stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WPM shares. View WPM analyst ratings or view top-rated stocks. What is Wheaton Precious Metals' stock price target for 2024? 8 brokerages have issued 1 year price targets for Wheaton Precious Metals' stock. Their WPM share price targets range from $37.00 to $75.00. On average, they expect the company's share price to reach $57.39 in the next twelve months. This suggests a possible upside of 7.2% 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 2024? Wheaton Precious Metals' stock was trading at $49.34 at the beginning of the year. Since then, WPM stock has increased by 8.5% and is now trading at $53.52. View the best growth stocks for 2024 here. When is Wheaton Precious Metals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our WPM earnings forecast. How were Wheaton Precious Metals' earnings last quarter? Wheaton Precious Metals Corp. (NYSE:WPM) announced its quarterly earnings results on Thursday, May, 9th. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.07. The company earned $296.80 million during the quarter, compared to analyst estimates of $278.95 million. Wheaton Precious Metals had a net margin of 53.74% and a trailing twelve-month return on equity of 8.53%. The company's revenue was up 38.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.23 EPS. 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 Thursday, May 9th. Investors of record on Wednesday, May 29th will be paid a dividend of $0.155 per share on Tuesday, June 11th. This represents a $0.62 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Wednesday, May 29th. Read our dividend analysis for WPM. Is Wheaton Precious Metals a good dividend stock? Wheaton Precious Metals (NYSE:WPM) pays an annual dividend of $0.62 per share and currently has a dividend yield of 1.18%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 42.18% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WPM. What ETFs hold Wheaton Precious Metals' stock? ETFs with the largest weight of Wheaton Precious Metals (NYSE:WPM) stock in their portfolio include Global X Silver Miners ETF (SIL), U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), Sprott Gold Miners ETF (SGDM), Horizon Kinetics Inflation Beneficiaries ETF (INFL), VanEck Gold Miners ETF (GDX), Tema Global Royalties ETF (ROYA), WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and Amplify Junior Silver Miners ETF (SILJ). 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). Who are Wheaton Precious Metals' major shareholders? Wheaton Precious Metals' stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital World Investors (6.72%), First Eagle Investment Management LLC (4.72%), Van ECK Associates Corp (4.37%), Vanguard Group Inc. (3.70%), Price T Rowe Associates Inc. MD (1.61%) and Mirae Asset Global Investments Co. Ltd. (1.25%). Insiders that own company stock include Chantal Gosselin, Curzio Domenico Bernardi, Douglas Martin Holtby, Eduardo Luna, Gary Duncan Brown, Haytham Henry Hodaly, John Brough, Patrick Eugene Drouin and Randy Smallwood. View institutional ownership trends. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:WPM) was last updated on 6/13/2024 by MarketBeat.com Staff From Our PartnersNvidia is now part of $3 Trillion Market Cap ClubA small handful of Nvidia’s partners could see their own stocks surge upwards. 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