NYSE:WPM Wheaton Precious Metals (WPM) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free WPM Stock Alerts $47.11 +0.84 (+1.82%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$46.51▼$47.4550-Day Range$39.19▼$48.0452-Week Range$38.37▼$52.76Volume1.58 million shsAverage Volume2.02 million shsMarket Capitalization$21.34 billionP/E Ratio39.59Dividend Yield1.27%Price Target$53.10 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/Downside12.7% Upside$53.10 Price TargetShort InterestBearish3.46% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment1.18Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth10.74%From $1.21 to $1.34 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.4.56 out of 5 starsBasic Materials Sector19th out of 171 stocksGold & Silver Ores Industry4th out of 36 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 $53.10, Wheaton Precious Metals has a forecasted upside of 12.7% from its current price of $47.11.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 2.0 Short Interest Percentage of Shares Shorted3.46% 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 7.9.Change versus previous monthShort interest in Wheaton Precious Metals has recently increased by 11.69%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldWheaton Precious Metals pays a meaningful dividend of 1.34%, 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 44.78% 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 4.0 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 1.18. 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 17 news articles for Wheaton Precious Metals this week, compared to 6 articles on an average week.Search Interest28 people have searched for WPM on MarketBeat in the last 30 days. This is an increase of 460% compared to the previous 30 days.MarketBeat Follows19 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is an increase of 19% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Wheaton Precious Metals are expected to grow by 10.74% in the coming year, from $1.21 to $1.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 39.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 39.59, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 125.04.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 11.60. 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 3.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTop Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.Just click here for instant access to the #1 Coin for 2024. 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 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 28, 2024 | prnewswire.comWheaton Precious Metals Provides Details of Annual and Special Meeting of Shareholders and Files Form 40-FMarch 28, 2024 | americanbankingnews.comWheaton Precious Metals (NYSE:WPM) Given New $54.00 Price Target at Berenberg BankMarch 27, 2024 | americanbankingnews.comWheaton Precious Metals Corp. (NYSE:WPM) Given Consensus Rating of "Moderate Buy" by AnalystsMarch 25, 2024 | americanbankingnews.comQ3 2025 Earnings Estimate for Wheaton Precious Metals Corp. Issued By Zacks Research (NYSE:WPM)March 24, 2024 | insidermonkey.com5 Most Profitable Gold Stocks To Invest InMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 22, 2024 | americanbankingnews.comEdison Inv. Res Weighs in on Wheaton Precious Metals Corp.'s Q2 2024 Earnings (NYSE:WPM)March 21, 2024 | americanbankingnews.comEdison Inv. Res Comments on Wheaton Precious Metals Corp.'s FY2025 Earnings (NYSE:WPM)March 19, 2024 | americanbankingnews.comWheaton Precious Metals (NYSE:WPM) Upgraded to Buy at TD SecuritiesMarch 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 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 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 YearsSee 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 Earnings8/11/2023Today3/28/2024Ex-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$53.10 High Stock Price Target$70.00 Low Stock Price Target$37.00 Potential Upside/Downside+12.7%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.19 Trailing P/E Ratio39.59 Forward P/E Ratio38.93 P/E Growth11.6Net Income$537.64 million Net Margins52.92% Pretax Margin53.06% Return on Equity7.76% Return on Assets7.70% Debt Debt-to-Equity RatioN/A Current Ratio21.76 Quick Ratio21.71 Sales & Book Value Annual Sales$1.02 billion Price / Sales21.01 Cash Flow$1.74 per share Price / Cash Flow27.01 Book Value$15.42 per share Price / Book3.06Miscellaneous Outstanding Shares453,070,000Free FloatN/AMarket Cap$21.34 billion OptionableOptionable Beta0.76 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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 & InstitutionsNewbridge Financial Services Group Inc.Sold 455 shares on 3/28/2024Ownership: 0.000%PNC Financial Services Group Inc.Sold 5,910 shares on 3/22/2024Ownership: 0.009%Grayhawk Investment Strategies Inc.Bought 13,969 shares on 3/21/2024Ownership: 0.003%Vanguard Group Inc.Bought 294,488 shares on 3/11/2024Ownership: 3.641%Fisher Asset Management LLCBought 5,012 shares on 3/5/2024Ownership: 0.001%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 Tuesday, March 26, 2024 at 10:54 PM. 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's stock price has shown resilience, with a market cap of $17.87 billion, indicating stability and potential for growth. Wheaton Precious Metals Corp. operates in North America, Europe, and South America, tapping into key markets for precious metals consumption. Recent performance data shows a trading volume of 1,766,872 shares, reflecting strong investor interest and liquidity in the stock. Analysts have set positive price targets for Wheaton Precious Metals Corp., suggesting potential upside for investors based on market projections. Cons Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons: Wheaton Precious Metals Corp. has a price-to-earnings ratio of 33.17 and a PEG ratio of 8.13, indicating the stock may be overvalued compared to its earnings growth potential. The company's stock has a beta of 0.80, suggesting it may be less volatile than the market average, potentially limiting short-term trading opportunities. Fluctuations in metal prices, especially gold and silver, can significantly impact Wheaton Precious Metals Corp.'s profitability and stock performance. Investors need to consider geopolitical risks in regions where the company operates, as political instability can affect mining operations and production. While the company has a strong presence in the precious metals industry, competition and market dynamics could pose challenges to sustained growth and profitability. 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 twelve months. 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 Wall Street analysts have issued 1-year target prices for Wheaton Precious Metals' shares. Their WPM share price targets range from $37.00 to $70.00. On average, they anticipate the company's share price to reach $53.10 in the next year. This suggests a possible upside of 12.7% 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 stock has decreased by 4.5% and is now trading at $47.11. 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) issued 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 business had revenue of $264.97 million for 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 7.76%. The firm's revenue for the quarter was down 12.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.33 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, 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 1.32%. The ex-dividend date of this dividend is Tuesday, April 2nd. This is a boost 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 1.34%. 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 44.78% 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 retail and institutional 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 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 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryBuy this small stock before coming AI Tidal WaveChaikin Analytics 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. Get 30 Days of MarketBeat All Access Free 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 from 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. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.