Idea EngineIdea EngineNYSE:WPM Wheaton Precious Metals (WPM) Stock Price, News & Analysis → Central Bank Gold Heist In Progress (From Colonial Metals) (Ad) Free WPM Stock Alerts $44.17 -0.25 (-0.56%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$44.04▼$44.7050-Day Range$39.19▼$48.5152-Week Range$38.37▼$52.76Volume1.88 million shsAverage Volume2.10 million shsMarket Capitalization$20.01 billionP/E Ratio37.12Dividend Yield1.36%Price Target$52.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Wheaton Precious Metals alerts: Email Address Wheaton Precious Metals MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside19.8% Upside$52.90 Price TargetShort InterestHealthy3.10% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment1.43Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth7.26%From $1.24 to $1.33 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.4.64 out of 5 starsBasic Materials Sector16th out of 179 stocksGold & Silver Ores Industry3rd out of 38 stocks 3.3 Analyst's Opinion Consensus RatingWheaton Precious Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.90, Wheaton Precious Metals has a forecasted upside of 19.8% from its current price of $44.17.Amount of Analyst CoverageWheaton Precious Metals has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.10% 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 6.8.Change versus previous monthShort interest in Wheaton Precious Metals has recently decreased by 13.02%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldWheaton Precious Metals pays a meaningful dividend of 1.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWheaton Precious Metals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Wheaton Precious Metals is 50.42%. 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 45.11% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its 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 4.1 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 1.43. 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 0.34 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Wheaton Precious Metals this week, compared to 5 articles on an average week.Search Interest21 people have searched for WPM on MarketBeat in the last 30 days. This is an increase of 163% compared to the previous 30 days.MarketBeat Follows23 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is an increase of 109% compared to the previous 30 days. Previous Next 0.8 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 Institutions58.51% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Wheaton Precious Metals are expected to grow by 7.26% in the coming year, from $1.24 to $1.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 37.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 37.12, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 106.70.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 9.55. 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 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingAI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… ]click here to watch a free presentation where I reveal all the details of this lucrative opportunit 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 10, 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 HeadlinesMarch 11, 2024 | marketbeat.com3 Metal Stocks with Double-Digit UpsideWhen the market gives you favorable price action, you should take care to figure out why certain stocks – or sectors – behave the way they do. In today's economic environment, you will find plenty of reasons why the SPDR S&P Metals & Mining ETF NYSEARCA: XME has sent mining and metal stocks on a 13% rally in the past two quarters.March 11, 2024 | marketbeat.com3 Metal Stocks with Double-Digit Upside (WPM)You can catch the bull run coming to the metals sector in three of the analysts' favorite stocks where promising double-digit upside is only the beginningMarch 19, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.February 19, 2024 | marketbeat.comIs silver more precious in 2024 as gold loses luster?The iShares Silver Trust NYSEARCA: SLV exchange-traded fund has underperformed the SPDR Gold Shares NYSEARCA: GLD over the past year, but is it time for the situation to reverse?February 19, 2024 | marketbeat.comIs silver more precious in 2024 as gold loses luster? (WPM)Silver mining stocks lag amid crypto and equity rallies, although gold also pulled back. Will silver's industrial uses and affordability spark a turnaround?March 16, 2024 | nz.finance.yahoo.comMarried Man Accused of Killing Girlfriend After Fisherman Discovers Bag with Toes Sticking OutMarch 16, 2024 | finance.yahoo.comWheaton Precious Metals Corp. (NYSE:WPM) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | markets.businessinsider.comWheaton Precious Metals: Strong Buy on Earnings Beat, Reserve Growth, and Attractive Dividend PolicyMarch 19, 2024 | Porter & Company (Ad)Urgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.March 15, 2024 | markets.businessinsider.comWheaton Precious Metals: Strong Financials and Growth Prospects Underpin Buy RatingMarch 14, 2024 | investorplace.comWPM Stock Earnings: Wheaton Precious Metals Beats EPS, Beats Revenue for Q4 2023March 14, 2024 | prnewswire.comWheaton Precious Metals Announces Increase to Quarterly DividendMarch 12, 2024 | americanbankingnews.comWheaton Precious Metals (WPM) Scheduled to Post Earnings on ThursdayMarch 11, 2024 | finance.yahoo.comWPM Apr 2024 42.000 callMarch 6, 2024 | finance.yahoo.com20 Countries With Most Carbon Dioxide Emissions Per CapitaMarch 6, 2024 | investorplace.com7 Must-Own Gold Stocks to Combat Sticky InflationFebruary 29, 2024 | benzinga.comWheaton Precious Metals Stock (NYSE:WPM), Quotes and News SummaryFebruary 28, 2024 | businesswire.comVista Gold Corp. Announces Receipt of the $7 Million Second Instalment Payment Under Wheaton Precious Metals RoyaltyFebruary 24, 2024 | finance.yahoo.comWPM Mar 2024 48.000 putFebruary 23, 2024 | wsj.comWheaton Precious Metals Corp.February 22, 2024 | seekingalpha.comWheaton Precious Metals' Stock Tanks: Time To Buy?February 20, 2024 | finance.yahoo.comWheaton Precious Metals Announces 2023 Production and Sales Results and Forecasts 40% Growth in the Next Five YearsFebruary 20, 2024 | prnewswire.comWheaton Precious Metals Announces 2023 Production and Sales Results and Forecasts 40% Growth in the Next Five YearsFebruary 20, 2024 | msn.comWhy Wheaton Precious Metals Corp. (WPM) Could Beat Earnings Estimates AgainFebruary 11, 2024 | finance.yahoo.comSilver Demand Set to Meet Second-Highest Level on RecordFebruary 8, 2024 | finance.yahoo.comIs Wheaton Precious Metals Corp. (TSE:WPM) Expensive For A Reason? A Look At Its Intrinsic ValueJanuary 20, 2024 | fool.com1 Million Is the Magic Number for This Dividend StockSee 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 Last Earnings8/11/2023Today3/18/2024Ex-Dividend for 4/15 Dividend4/02/2024Dividend Payable4/15/2024Next Earnings (Estimated)5/02/2024Fiscal 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$52.90 High Stock Price Target$70.00 Low Stock Price Target$37.00 Potential Upside/Downside+19.8%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.19 Trailing P/E Ratio37.12 Forward P/E Ratio35.62 P/E Growth9.55Net Income$669.13 million Net Margins52.92% Pretax Margin56.22% Return on Equity7.80% Return on Assets7.74% Debt Debt-to-Equity RatioN/A Current Ratio38.93 Quick Ratio38.82 Sales & Book Value Annual Sales$1.02 billion Price / Sales19.70 Cash Flow$1.60 per share Price / Cash Flow27.58 Book Value$14.85 per share Price / Book2.97Miscellaneous Outstanding Shares453,070,000Free FloatN/AMarket Cap$20.01 billion OptionableOptionable Beta0.76 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Randy V. J. Smallwood P.Eng. (Age 59)President, CEO & Director Comp: $2.08MMr. Gary D. Brown CA (Age 57)CFA, Senior VP & CFO Comp: $943.68kMr. Curt Domenico Bernardi (Age 56)Senior VP of Legal & Corporate Secretary Comp: $964.67kMr. 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 CompetitorsFranco-NevadaNYSE:FNVGold FieldsNYSE:GFIBarrick GoldNYSE:GOLDAgnico Eagle MinesNYSE:AEMAngloGold AshantiNYSE:AUView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 294,488 shares on 3/11/2024Ownership: 3.641%Wellington Management Group LLPBought 14,972 shares on 3/5/2024Ownership: 0.019%Fisher Asset Management LLCBought 5,012 shares on 3/5/2024Ownership: 0.001%Goldman Sachs Group Inc.Bought 206,169 shares on 3/1/2024Ownership: 0.299%Creekmur Asset Management LLCBought 67,837 shares on 3/1/2024Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Wheaton Precious Metals was last updated on Friday, March 15, 2024 at 3:49 AM. Pros Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.: Wheaton Precious Metals Corp. has a diverse portfolio of precious metals including gold, silver, palladium, and cobalt, providing exposure to multiple valuable commodities. The company operates in North America, Europe, and South America, allowing for geographical diversification and access to different markets. Recent stock performance shows potential for growth, with a trading volume of 1,766,872 shares and a market cap of $17.87 billion. Wheaton Precious Metals Corp. has a strong history of adapting to market changes, as evidenced by its name change in 2017 to reflect its focus on precious metals beyond silver. Investors can benefit from Wheaton Precious Metals Corp.'s position in the gold & silver ores industry, which can act as a hedge against economic uncertainties. Cons Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons: Volatility in metal prices can impact the company's profitability and stock performance, making it susceptible to market fluctuations. Regulatory changes in the mining industry or geopolitical factors in the regions where Wheaton Precious Metals operates can pose risks to the company's operations. The company's price-to-earnings ratio of 33.17 and a PEG ratio of 8.13 may indicate overvaluation, potentially limiting short-term gains for investors. Investors should consider the beta of 0.80, which suggests that Wheaton Precious Metals Corp.'s stock may be less volatile than the market but could also offer lower returns in bullish market conditions. While the company has shown resilience, investors should be cautious of any potential disruptions in the global supply chain that could affect production and revenue streams. WPM Stock Analysis - Frequently Asked Questions Should I buy or sell Wheaton Precious Metals stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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? 12 equities research analysts have issued 1 year price objectives for Wheaton Precious Metals' stock. Their WPM share price targets range from $37.00 to $70.00. On average, they predict the company's share price to reach $52.90 in the next twelve months. This suggests a possible upside of 19.8% 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 2024. Since then, WPM shares have decreased by 10.5% and is now trading at $44.17. 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, May 2nd 2024. View our WPM earnings forecast. How were Wheaton Precious Metals' earnings last quarter? Wheaton Precious Metals Corp. (NYSE:WPM) announced its quarterly earnings data on Friday, August, 11th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. The company earned $264.97 million during the quarter, compared to analysts' expectations of $250.73 million. Wheaton Precious Metals had a net margin of 52.92% and a trailing twelve-month return on equity of 7.80%. The firm's revenue was down 12.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.33 earnings per share. 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, March 14th. Stockholders of record on Wednesday, April 3rd will be paid a dividend of $0.155 per share on Monday, April 15th. This represents a $0.62 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Tuesday, April 2nd. This is an increase from the stock's previous quarterly dividend of $0.15. 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 1.33%. The dividend payout ratio is 50.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 45.11% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WPM. What ETF holds Wheaton Precious Metals' stock? iShares North American Natural Resources ETF holds 112,445 shares of WPM stock, representing 0.84% of its portfolio. 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 institutional and retail investors. Top institutional investors include Capital World Investors (6.77%), First Eagle Investment Management LLC (4.66%), Van ECK Associates Corp (4.53%), Vanguard Group Inc. (3.64%), Vanguard Group Inc. (3.64%) and FIL Ltd (2.35%). 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, Randy Smallwood and Randy V J 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 3/19/2024 by MarketBeat.com Staff From Our Partners8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & CompanyStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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