Zacks Research Issues Optimistic Outlook for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for Wheaton Precious Metals in a research note issued on Monday, May 5th. Zacks Research analyst M. Das now anticipates that the company will earn $0.43 per share for the quarter, up from their prior forecast of $0.42. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q2 2025 earnings at $0.43 EPS, Q3 2025 earnings at $0.43 EPS, FY2025 earnings at $1.72 EPS, Q1 2026 earnings at $0.43 EPS, FY2026 earnings at $1.76 EPS and FY2027 earnings at $1.80 EPS.

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

WPM has been the topic of a number of other reports. Scotiabank increased their price target on shares of Wheaton Precious Metals from $79.00 to $87.00 and gave the stock a “sector outperform” rating in a report on Monday, April 14th. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. UBS Group raised their target price on shares of Wheaton Precious Metals from $78.00 to $89.00 and gave the stock a “buy” rating in a research note on Friday, April 11th. Royal Bank of Canada boosted their price target on shares of Wheaton Precious Metals from $75.00 to $80.00 and gave the company a “sector perform” rating in a research report on Friday, April 4th. Finally, National Bankshares reiterated an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, April 23rd. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $83.40.

Wheaton Precious Metals Stock Performance

NYSE WPM opened at $84.95 on Wednesday. Wheaton Precious Metals has a fifty-two week low of $51.96 and a fifty-two week high of $87.42. The firm has a market capitalization of $38.55 billion, a P/E ratio of 63.40, a PEG ratio of 1.91 and a beta of 0.49. The stock has a 50-day simple moving average of $77.30 and a two-hundred day simple moving average of $67.51.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Wheaton Precious Metals during the fourth quarter worth about $472,648,000. Capital International Investors purchased a new stake in Wheaton Precious Metals during the fourth quarter worth $263,810,000. Arrowstreet Capital Limited Partnership acquired a new stake in Wheaton Precious Metals in the 4th quarter valued at about $72,657,000. Van ECK Associates Corp grew its position in shares of Wheaton Precious Metals by 6.4% in the fourth quarter. Van ECK Associates Corp now owns 20,534,104 shares of the company’s stock valued at $1,154,843,000 after purchasing an additional 1,231,999 shares during the last quarter. Finally, Mackenzie Financial Corp increased its position in Wheaton Precious Metals by 54.4% during the fourth quarter. Mackenzie Financial Corp now owns 3,223,154 shares of the company’s stock worth $181,227,000 after buying an additional 1,135,699 shares in the last quarter. Hedge funds and other institutional investors 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 given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.78%. The ex-dividend date was Tuesday, April 1st. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.16. Wheaton Precious Metals’s payout ratio is currently 56.90%.

About Wheaton Precious Metals

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.