Scotiabank Has Strong Forecast for TSE:WPM FY2026 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Research analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for Wheaton Precious Metals in a report issued on Tuesday, October 28th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $4.31 for the year, up from their previous estimate of $3.28. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

Several other brokerages have also commented on WPM. Canaccord Genuity Group raised 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 lowered Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. CIBC raised their price target on Wheaton Precious Metals from C$125.00 to C$130.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Finally, Peel Hunt raised their price target on Wheaton Precious Metals from C$149.00 to C$161.00 and gave the company a “buy” rating in a report on Monday, September 8th. Two investment 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 company’s stock. According to MarketBeat, Wheaton Precious Metals has a consensus rating of “Buy” and an average price target of C$134.50.

Wheaton Precious Metals Trading Down 1.3%

Shares of Wheaton Precious Metals stock opened at C$135.45 on Friday. The firm has a market capitalization of C$61.49 billion, a P/E ratio of 78.02 and a beta of 0.91. The business has a fifty day simple moving average of C$144.59 and a two-hundred day simple moving average of C$130.03. Wheaton Precious Metals has a 12 month low of C$79.88 and a 12 month high of C$160.44.

Wheaton Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th were issued a dividend of $0.165 per share. The ex-dividend date was Thursday, August 21st. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 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.