WPM FY2025 EPS Boosted by National Bank Financial

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities research analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Wheaton Precious Metals in a report released on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of $2.43 per share for the year, up from their prior forecast of $2.34. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.05. The firm had revenue of $503.22 million for the quarter, compared to the consensus estimate of $424.23 million. Wheaton Precious Metals had a return on equity of 11.96% and a net margin of 47.46%.The business’s revenue was up 68.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 earnings per share.

WPM has been the topic of a number of other research reports. UBS Group boosted their price target on Wheaton Precious Metals from $106.00 to $118.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. CIBC upped their target price on Wheaton Precious Metals from $130.00 to $135.00 and gave the company an “outperform” rating in a research report on Thursday. Raymond James Financial upped their target price on Wheaton Precious Metals from $112.00 to $114.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. National Bankshares reaffirmed an “outperform” rating on shares of Wheaton Precious Metals in a research report on Tuesday, June 24th. Finally, Scotiabank upped their target price on Wheaton Precious Metals from $108.00 to $109.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $106.11.

Wheaton Precious Metals Stock Up 2.1%

Shares of NYSE WPM opened at $107.49 on Thursday. The business’s 50 day moving average price is $98.86 and its two-hundred day moving average price is $88.73. The company has a market cap of $48.79 billion, a PE ratio of 62.13, a price-to-earnings-growth ratio of 2.84 and a beta of 0.42. Wheaton Precious Metals has a twelve month low of $55.47 and a twelve month high of $109.67.

Wheaton Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Thursday, August 21st. Wheaton Precious Metals’s dividend payout ratio is presently 38.15%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WPM. Bulwark Capital Corp bought a new position in shares of Wheaton Precious Metals in the 2nd quarter valued at $27,000. Delta Asset Management LLC TN bought a new position in shares of Wheaton Precious Metals in the 2nd quarter valued at $27,000. NBT Bank N A NY lifted its stake in shares of Wheaton Precious Metals by 129.3% in the 1st quarter. NBT Bank N A NY now owns 415 shares of the company’s stock valued at $32,000 after acquiring an additional 234 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in shares of Wheaton Precious Metals in the 1st quarter valued at $38,000. Finally, Banque Cantonale Vaudoise bought a new position in shares of Wheaton Precious Metals in the 1st quarter valued at $49,000. 70.34% of the stock is currently owned by institutional investors.

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.