Analysts Offer Predictions for WPM FY2026 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Research analysts at Raymond James Financial cut their FY2026 earnings per share estimates for Wheaton Precious Metals in a research report issued to clients and investors on Monday, July 14th. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings per share of $2.28 for the year, down from their previous forecast of $2.30. Raymond James Financial currently has a “Outperform” rating and a $90.00 target price on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The firm had revenue of $470.41 million during the quarter, compared to analyst estimates of $446.33 million. Wheaton Precious Metals had a return on equity of 10.32% and a net margin of 42.45%. Wheaton Precious Metals’s quarterly revenue was up 58.4% compared to the same quarter last year. During the same period last year, the company earned $0.36 EPS.

Several other brokerages have also recently issued reports on WPM. CIBC reissued an “outperform” rating on shares of Wheaton Precious Metals in a report on Tuesday. BMO Capital Markets initiated coverage on Wheaton Precious Metals in a research note on Wednesday, April 16th. They issued an “outperform” rating and a $129.00 price target on the stock. National Bankshares reissued an “outperform” rating on shares of Wheaton Precious Metals in a report on Tuesday, June 24th. Wall Street Zen upgraded shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. Finally, Royal Bank Of Canada boosted their price objective on shares of Wheaton Precious Metals from $80.00 to $90.00 and gave the company a “sector perform” rating in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $93.00.

Wheaton Precious Metals Price Performance

Shares of WPM stock opened at $89.05 on Thursday. The stock’s fifty day moving average price is $87.88 and its 200 day moving average price is $76.54. The company has a market cap of $40.42 billion, a price-to-earnings ratio of 65.48, a price-to-earnings-growth ratio of 2.60 and a beta of 0.46. Wheaton Precious Metals has a 1-year low of $53.05 and a 1-year high of $95.23.

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 28th were paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend was Wednesday, May 28th. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 48.53%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank acquired a new stake in shares of Wheaton Precious Metals during the 4th quarter valued at about $472,648,000. Capital International Investors bought a new stake in shares of Wheaton Precious Metals during the fourth quarter worth $263,810,000. Arrowstreet Capital Limited Partnership bought a new position in Wheaton Precious Metals in the fourth quarter valued at $72,657,000. Mackenzie Financial Corp lifted its stake in Wheaton Precious Metals by 54.4% in the fourth quarter. Mackenzie Financial Corp now owns 3,223,154 shares of the company’s stock valued at $181,227,000 after acquiring an additional 1,135,699 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its stake in shares of Wheaton Precious Metals by 1,321.7% during the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,221,522 shares of the company’s stock worth $68,720,000 after buying an additional 1,135,603 shares during the last quarter. Institutional investors own 70.34% of the company’s stock.

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.