LON:WPM

Wheaton Precious Metals (WPM) Share Price, News & Analysis

GBX 4,182.50
+2.50 (+0.06%)
(As of 03:57 AM ET)
Today's Range
4,019.50
4,182.50
50-Day Range
3,040
4,290
52-Week Range
3,040
4,490.60
Volume
798 shs
Average Volume
2,094 shs
Market Capitalization
£18.95 billion
P/E Ratio
4,449.47
Dividend Yield
1.17%
Price Target
GBX 4,100

Wheaton Precious Metals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.0% Downside
GBX 4,100 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.38 out of 5 stars

WPM stock logo

About Wheaton Precious Metals Stock (LON: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.

WPM Stock Price History

WPM Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
WPM Apr 2024 40.000 put
Wheaton Precious Metals (WPM) Receives a Hold from RBC Capital
Wheaton Precious Metals Corp
Top 20 Gold Mining Companies in the World
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
4/02/2024
Dividend Payable
4/15/2024
Today
4/23/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
42
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 4,100
High Stock Price Target
GBX 4,100
Low Stock Price Target
GBX 4,100
Potential Upside/Downside
-2.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£537.64 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£1.02 billion
Book Value
GBX 1,542 per share

Miscellaneous

Free Float
N/A
Market Cap
£18.95 billion
Optionable
Not Optionable
Beta
0.66
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Key Executives

  • Mr. Randy V. J. Smallwood P.Eng. (Age 59)
    President, CEO & Director
    Comp: $1.64M
  • Mr. Gary D. Brown CA (Age 57)
    CFA, Senior VP & CFO
    Comp: $743.3k
  • Mr. Curt Domenico Bernardi LLB (Age 56)
    Senior VP of Legal & Corporate Secretary
    Comp: $759.83k
  • Mr. Haytham Henry Hodaly
    Senior Vice President of Corporate Development
  • Mr. Patrick Eugene Drouin
    President of Wheaton International & Chief Sustainability Officer
  • Mr. Neil Burns M.Sc.
    P.Geo., Vice President of Technical Services
  • Emma Murray
    Vice President of Investor Relations
  • Simona Antolak
    Vice President of Communications & Corporate Affairs
  • Mr. Nikola Tatarkin
    President of Wheaton Precious Metals International Ltd
  • Mr. Jamie Beirnes
    VP & Controller

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 has shown consistent growth in its stock price, with a current value of $44.89.
  • The company has a diversified portfolio of precious metals, including gold, silver, palladium, and cobalt, which can provide stability and potential for profit.
  • Wheaton Precious Metals recently increased its dividend, indicating financial strength and commitment to rewarding shareholders.
  • Institutional investors like Vanguard Group Inc. and Klein Pavlis & Peasley Financial Inc. have been increasing their stakes in the company, showing confidence in its future prospects.
  • The company operates in North America, Europe, and South America, tapping into multiple markets and reducing geographical risk.

Cons

Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons:

  • The company's stock price has experienced fluctuations, which may pose risks for short-term investors.
  • The PEG ratio of Wheaton Precious Metals is relatively high at 11.62, indicating a potentially overvalued stock compared to its earnings growth.
  • Market volatility and fluctuations in precious metal prices can impact the company's profitability and stock performance.
  • While the company has a diversified portfolio, its heavy reliance on precious metals exposes it to commodity price risks.
  • Investors should consider the company's beta of 0.76, which indicates lower volatility compared to the market but still some sensitivity to market movements.
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 Saturday, April 13, 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?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WPM shares.
View WPM analyst ratings
or view top-rated stocks.

What is Wheaton Precious Metals' stock price target for 2024?

1 brokerages have issued 1-year price objectives for Wheaton Precious Metals' shares. Their WPM share price targets range from GBX 4,100 to GBX 4,100. On average, they expect the company's stock price to reach GBX 4,100 in the next twelve months. This suggests that the stock has a possible downside of 2.0%.
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 GBX 4,105 at the start of the year. Since then, WPM stock has increased by 1.9% and is now trading at GBX 4,182.50.
View the best growth stocks for 2024 here
.

How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals?

Wheaton Precious Metals declared a dividend on Friday, March 15th. Investors of record on Tuesday, April 2nd will be paid a dividend of GBX 0.16 per share on Monday, April 15th. This represents a dividend yield of 0.35%. The ex-dividend date is Tuesday, April 2nd. This is an increase from the stock's previous dividend of GBX 0.15. The official announcement can be accessed at this link.
Read our dividend analysis for WPM
.

Is Wheaton Precious Metals a good dividend stock?

Wheaton Precious Metals (LON:WPM) pays an annual dividend of GBX 49 per share and currently has a dividend yield of 1.23%. The dividend payout ratio is 5,212.77%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for WPM.

How do I buy shares of Wheaton Precious Metals?

Shares of WPM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:WPM) was last updated on 4/23/2024 by MarketBeat.com Staff

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