What is Scotiabank’s Forecast for TSE:WPM FY2025 Earnings?

Wheaton Precious Metals Corp. (TSE:WPM) – Equities researchers at Scotiabank boosted their FY2025 earnings estimates for shares of Wheaton Precious Metals in a research note issued to investors on Tuesday, October 28th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $3.58 for the year, up from their previous forecast of $3.26. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

WPM has been the topic of several other research reports. Canaccord Genuity Group boosted their price objective on Wheaton Precious Metals from C$144.00 to C$172.00 in a research report on Thursday, October 2nd. UBS Group cut Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. CIBC lifted their target price on Wheaton Precious Metals from C$125.00 to C$130.00 and gave the stock an “outperform” rating in a research note on Friday, September 12th. Finally, Peel Hunt lifted their price objective on shares of Wheaton Precious Metals from C$149.00 to C$161.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$134.50.

Wheaton Precious Metals Trading Up 3.4%

Shares of Wheaton Precious Metals stock opened at C$137.22 on Thursday. The business’s fifty day simple moving average is C$144.52 and its 200 day simple moving average is C$129.79. Wheaton Precious Metals has a 12 month low of C$79.88 and a 12 month high of C$160.44. The firm has a market capitalization of C$62.29 billion, a P/E ratio of 79.04 and a beta of 0.91.

Wheaton Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th were given a $0.165 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Wheaton Precious Metals’s payout ratio is 36.87%.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.