Edison Inv. Res Issues Optimistic Forecast for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Edison Inv. Res boosted their Q1 2025 EPS estimates for shares of Wheaton Precious Metals in a note issued to investors on Monday, April 21st. Edison Inv. Res analyst C. Gibson now anticipates that the company will post earnings per share of $0.50 for the quarter, up from their prior estimate of $0.40. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Edison Inv. Res also issued estimates for Wheaton Precious Metals’ Q2 2025 earnings at $0.47 EPS, Q3 2026 earnings at $0.63 EPS and FY2026 earnings at $1.53 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Raymond James upped their price target on shares of Wheaton Precious Metals from $88.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, April 15th. Royal Bank of Canada lifted their price target on Wheaton Precious Metals from $75.00 to $80.00 and gave the stock a “sector perform” rating in a research report on Friday, April 4th. BMO Capital Markets started coverage on Wheaton Precious Metals in a research report on Wednesday, April 16th. They issued an “outperform” rating and a $129.00 price objective for the company. Scotiabank boosted their target price on shares of Wheaton Precious Metals from $79.00 to $87.00 and gave the stock a “sector outperform” rating in a research report on Monday, April 14th. Finally, Stifel Canada raised shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. One research analyst has rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $83.40.

Wheaton Precious Metals Trading Down 2.3 %

NYSE WPM opened at $81.53 on Wednesday. Wheaton Precious Metals has a 1 year low of $51.42 and a 1 year high of $87.42. The company has a fifty day simple moving average of $74.53 and a 200 day simple moving average of $66.05. The company has a market cap of $36.99 billion, a P/E ratio of 60.84, a P/E/G ratio of 1.91 and a beta of 0.74.

Wheaton Precious Metals (NYSE:WPM) last posted its earnings results on Thursday, March 13th. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.01). Wheaton Precious Metals had a return on equity of 8.85% and a net margin of 50.05%. The company had revenue of $380.52 million during the quarter, compared to analyst estimates of $395.74 million. During the same quarter last year, the firm posted $0.36 earnings per share. The firm’s revenue for the quarter was up 21.4% compared to the same quarter last year.

Institutional Trading of Wheaton Precious Metals

Several institutional investors have recently bought and sold shares of WPM. Versant Capital Management Inc acquired a new stake in shares of Wheaton Precious Metals during the 4th quarter worth about $29,000. Promus Capital LLC bought a new stake in Wheaton Precious Metals during the fourth quarter worth about $32,000. NBT Bank N A NY increased its holdings in shares of Wheaton Precious Metals by 129.3% during the first quarter. NBT Bank N A NY now owns 415 shares of the company’s stock worth $32,000 after buying an additional 234 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Wheaton Precious Metals in the 4th quarter worth approximately $38,000. Finally, Laurel Wealth Advisors LLC bought a new stake in Wheaton Precious Metals during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

Wheaton Precious Metals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Tuesday, April 1st were paid a $0.165 dividend. This is a positive change from Wheaton Precious Metals’s previous quarterly dividend of $0.16. This represents a $0.66 annualized dividend and a dividend yield of 0.81%. The ex-dividend date was Tuesday, April 1st. Wheaton Precious Metals’s dividend payout ratio is currently 56.90%.

Wheaton Precious Metals Company Profile

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.