NYSE:WPM Wheaton Precious Metals (WPM) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free WPM Stock Alerts $54.94 -0.84 (-1.51%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$54.32▼$57.3350-Day Range$42.72▼$55.7852-Week Range$38.37▼$57.33Volume2.60 million shsAverage Volume1.92 million shsMarket Capitalization$24.91 billionP/E Ratio42.26Dividend Yield1.13%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 Buy2.67 Rating ScoreUpside/Downside1.2% Downside$54.30 Price TargetShort InterestHealthy4.06% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment1.22Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth14.29%From $1.26 to $1.44 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.4.09 out of 5 starsBasic Materials Sector42nd out of 173 stocksGold & Silver Ores Industry5th out of 36 stocks 2.3 Analyst's Opinion Consensus RatingWheaton Precious Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageWheaton Precious Metals has been the subject of 7 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 3.0 Short Interest Percentage of Shares Shorted4.06% 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 8.1.Change versus previous monthShort interest in Wheaton Precious Metals has recently decreased by 4.42%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldWheaton Precious Metals pays a meaningful dividend of 1.13%, 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 43.06% 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 3.5 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 1.22. 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 0.41 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 InterestOnly 10 people have searched for WPM on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows10 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is an increase of 25% 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 14.29% in the coming year, from $1.26 to $1.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 42.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 42.26, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 135.67.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 7.43. 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 3.56. 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 Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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 HeadlinesMay 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 12, 2024 | Gold Safe Exchange (Ad)Gold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.May 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 TodayMay 12, 2024 | Gold Safe Exchange (Ad)Gold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.May 2, 2024 | americanbankingnews.comWheaton Precious Metals (WPM) to Release Earnings on ThursdayApril 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 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 CapitaSee 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 Earnings5/09/2024Today5/12/2024Ex-Dividend for 6/11 Dividend5/29/2024Dividend Payable6/11/2024Next 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$54.30 High Stock Price Target$70.00 Low Stock Price Target$37.00 Potential Upside/Downside-1.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.30 Trailing P/E Ratio42.26 Forward P/E Ratio43.60 P/E Growth7.43Net Income$537.64 million Net Margins53.74% Pretax Margin53.06% Return on Equity8.59% Return on Assets8.54% Debt Debt-to-Equity RatioN/A Current Ratio21.76 Quick Ratio21.71 Sales & Book Value Annual Sales$1.02 billion Price / Sales24.51 Cash Flow$1.65 per share Price / Cash Flow33.23 Book Value$15.42 per share Price / Book3.56Miscellaneous Outstanding Shares453,320,000Free FloatN/AMarket Cap$24.91 billion OptionableOptionable Beta0.75 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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 CompetitorsFranco-NevadaNYSE:FNVBarrick GoldNYSE:GOLDAgnico Eagle MinesNYSE:AEMGold FieldsNYSE:GFIAngloGold AshantiNYSE:AUView All CompetitorsInstitutional OwnershipCercano Management LLCBought 69,124 shares on 5/11/2024Ownership: 0.015%Jupiter Asset Management Ltd.Bought 47,368 shares on 5/10/2024Ownership: 0.171%Tocqueville Asset Management L.P.Bought 1,050 shares on 5/10/2024Ownership: 0.161%Forge First Asset Management Inc.Bought 102,300 shares on 5/10/2024Ownership: 0.023%Te Ahumairangi Investment Management LtdBought 7,100 shares on 5/10/2024Ownership: 0.018%View All Institutional Transactions WPM Stock Analysis - Frequently Asked Questions Should I buy or sell Wheaton Precious Metals stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 3 hold ratings and 6 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? 9 brokerages have issued twelve-month price objectives for Wheaton Precious Metals' shares. Their WPM share price targets range from $37.00 to $70.00. On average, they expect the company's stock price to reach $54.30 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. 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 start of the year. Since then, WPM stock has increased by 11.3% and is now trading at $54.94. 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) released its quarterly earnings results on Thursday, May, 9th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.07. The business earned $296.80 million during the quarter, compared to the consensus estimate of $278.95 million. Wheaton Precious Metals had a trailing twelve-month return on equity of 8.59% and a net margin of 53.74%. The firm's revenue for the quarter was up 38.7% compared to the same quarter last year. During the same period in the previous year, the company posted $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 dividend on an annualized basis and a yield of 1.13%. 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 1.13%. 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 43.06% 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), Horizon Kinetics Inflation Beneficiaries ETF (INFL), VanEck Gold Miners ETF (GDX), 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 many different institutional and retail investors. Top institutional shareholders include First Eagle Investment Management LLC (4.72%), Van ECK Associates Corp (4.37%), Vanguard Group Inc. (3.70%), Mirae Asset Global Investments Co. Ltd. (1.25%), TD Asset Management Inc (1.07%) and Dudley & Shanley Inc. (0.32%). 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. 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