NYSE:WPM Wheaton Precious Metals (WPM) Stock Price, News & Analysis → Prepare for a recession unlike any other (From American Hartford Gold Group) (Ad) Free WPM Stock Alerts $52.55 +0.07 (+0.13%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$51.73▼$52.7250-Day Range$39.19▼$52.6952-Week Range$38.37▼$54.30Volume1.63 million shsAverage Volume2.37 million shsMarket Capitalization$23.82 billionP/E Ratio44.16Dividend Yield1.18%Price Target$54.30 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 Buy2.70 Rating ScoreUpside/Downside3.3% Upside$54.30 Price TargetShort InterestBearish3.75% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment0.87Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth14.17%From $1.27 to $1.45 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.3.67 out of 5 starsBasic Materials Sector62nd out of 174 stocksGold & Silver Ores Industry5th 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 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.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 Shorted3.75% 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 8.Change versus previous monthShort interest in Wheaton Precious Metals has recently increased by 8.30%, indicating that investor sentiment is decreasing 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 52.10%. 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 42.76% 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 2.7 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 0.87. 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 0.38 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Wheaton Precious Metals this week, compared to 5 articles on an average week.Search InterestOnly 20 people have searched for WPM on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% 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 14.17% in the coming year, from $1.27 to $1.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 44.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 149.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 44.16, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 139.16.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 6.90. 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 3.41. 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 American Hartford Gold GroupPrepare for a recession unlike any otherThese 42 powerful nations just launched the first-ever “Anti-Dollar Alliance”… And together, they plan to KILL the greenback and DETHRONE America once and for all. Leading the charge are the usual suspects: Russia, China, Iran, oil-soaked Saudi Arabia, and even our neighbor, Mexico. And because this alliance holds close to 70% of all US Dollars… Ditching their holdings could flood America with a tsunami of US Dollars… Triggering hyper-inflation and a Wall Street nosedive so deep, it VAPORIZES trillions in hard-earned retirement savings.GET THE FREE GUIDE 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 HeadlinesApril 23, 2024 | americanbankingnews.comWheaton Precious Metals (NYSE:WPM) Price Target Increased to $61.00 by Analysts at Jefferies Financial GroupApril 22, 2024 | americanbankingnews.comNational Bank Financial Weighs in on Wheaton Precious Metals Corp.'s FY2025 Earnings (NYSE:WPM)April 25, 2024 | American Hartford Gold Group (Ad)Prepare for a recession unlike any otherThese 42 powerful nations just launched the first-ever “Anti-Dollar Alliance”… And together, they plan to KILL the greenback and DETHRONE America once and for all. Leading the charge are the usual suspects: Russia, China, Iran, oil-soaked Saudi Arabia, and even our neighbor, Mexico. And because this alliance holds close to 70% of all US Dollars… Ditching their holdings could flood America with a tsunami of US Dollars… Triggering hyper-inflation and a Wall Street nosedive so deep, it VAPORIZES trillions in hard-earned retirement savings.April 21, 2024 | americanbankingnews.comWheaton Precious Metals Corp. (NYSE:WPM) Receives Consensus Recommendation of "Moderate Buy" from AnalystsApril 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 25, 2024 | American Hartford Gold Group (Ad)Prepare for a recession unlike any otherThese 42 powerful nations just launched the first-ever “Anti-Dollar Alliance”… And together, they plan to KILL the greenback and DETHRONE America once and for all. Leading the charge are the usual suspects: Russia, China, Iran, oil-soaked Saudi Arabia, and even our neighbor, Mexico. And because this alliance holds close to 70% of all US Dollars… Ditching their holdings could flood America with a tsunami of US Dollars… Triggering hyper-inflation and a Wall Street nosedive so deep, it VAPORIZES trillions in hard-earned retirement savings.April 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 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?See 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 Earnings3/14/2024Ex-Dividend for 4/15 Dividend4/02/2024Dividend Payable4/15/2024Today4/25/2024Next Earnings (Confirmed)5/09/2024Fiscal 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$54.30 High Stock Price Target$70.00 Low Stock Price Target$37.00 Potential Upside/Downside+3.3%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.19 Trailing P/E Ratio44.16 Forward P/E Ratio41.38 P/E Growth6.9Net 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 / Sales23.44 Cash Flow$1.69 per share Price / Cash Flow31.17 Book Value$15.42 per share Price / Book3.41Miscellaneous Outstanding Shares453,296,000Free FloatN/AMarket Cap$23.82 billion OptionableOptionable Beta0.77 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Randy V. J. Smallwood P.Eng. (Age 59)President, CEO & Director Comp: $2.09MMr. Gary D. Brown CA (Age 57)CFA, Senior VP & CFO Comp: $944.03kMr. Curt Domenico Bernardi LLB (Age 56)Senior VP of Legal & Corporate Secretary Comp: $965.03kMr. 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:FNVBarrick GoldNYSE:GOLDAgnico Eagle MinesNYSE:AEMGold FieldsNYSE:GFIAngloGold AshantiNYSE:AUView All CompetitorsInstitutional OwnershipCambridge Investment Research Advisors Inc.Sold 4,536 shares on 4/25/2024Ownership: 0.018%U S Global Investors Inc.Sold 2,100 shares on 4/24/2024Ownership: 0.046%Beddow Capital Management Inc.Bought 1,135 shares on 4/24/2024Ownership: 0.021%Leavell Investment Management Inc.Sold 25,080 shares on 4/24/2024Ownership: 0.013%Assenagon Asset Management S.A.Bought 1,495 shares on 4/24/2024Ownership: 0.004%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 has shown consistent growth in its stock price, with a current value of $44.89, indicating potential for capital appreciation. The company has a diversified portfolio of precious metals including gold, silver, palladium, and cobalt, providing exposure to multiple valuable commodities. Wheaton Precious Metals recently increased its dividend, offering shareholders a higher yield of 1.38% compared to its previous dividend. Institutional investors like Vanguard Group Inc. and Klein Pavlis & Peasley Financial Inc. have been increasing their stakes in the company, indicating confidence in its future performance. The company operates in North America, Europe, and South America, tapping into multiple markets for its precious metals sales, potentially reducing geographical risk. Cons Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons: The company's PE ratio of 37.72 and PEG ratio of 11.62 suggest that the stock may be overvalued compared to its growth prospects, potentially limiting upside potential. Wheaton Precious Metals' beta of 0.76 indicates lower volatility compared to the market, which may result in slower price movements during market fluctuations. Despite recent stake increases by institutional investors, the company's ownership by institutional investors and hedge funds stands at 58.51%, potentially leading to less retail investor influence on stock price movements. The company's one year high of $52.76 and one year low of $38.37 show a wide price range, indicating potential volatility in the stock price. Investors should consider the impact of macroeconomic factors on precious metals prices, as fluctuations in global economic conditions can significantly affect Wheaton Precious Metals' performance. 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? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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? 10 analysts have issued 1-year price targets 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 $54.30 in the next twelve months. This suggests a possible upside of 3.3% 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 increased by 6.5% and is now trading at $52.55. 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 9th 2024. View our WPM earnings forecast. How can I listen to Wheaton Precious Metals' earnings call? Wheaton Precious Metals will be holding an earnings conference call on Friday, May 10th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8677 with passcode "432661#". How were Wheaton Precious Metals' earnings last quarter? Wheaton Precious Metals Corp. (NYSE:WPM) announced its quarterly earnings data on Thursday, March, 14th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.04. The company earned $313.47 million during the quarter, compared to analysts' expectations of $284.29 million. Wheaton Precious Metals had a trailing twelve-month return on equity of 7.76% and a net margin of 52.92%. 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 annualized dividend and a dividend yield of 1.18%. 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 $0.62 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 52.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 42.76% 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), VanEck Gold Miners ETF (GDX), Horizon Kinetics Inflation Beneficiaries ETF (INFL), Tema Global Royalties ETF (ROYA), Amplify Junior Silver Miners ETF (SILJ), WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and Macquarie Energy Transition ETF (PWER). 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 a variety of institutional and retail investors. Top institutional shareholders include Dudley & Shanley Inc. (0.32%), Dixon Mitchell Investment Counsel Inc. (0.31%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Addenda Capital Inc. (0.19%), Raymond James & Associates (0.12%) and Douglas Lane & Associates LLC (0.11%). 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 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyPrepare for a recession unlike any otherAmerican Hartford Gold GroupWill this $2 AI stock double overnight?Behind the MarketsRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority Gold 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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