What is Scotiabank’s Forecast for WPM FY2025 Earnings?

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Scotiabank raised their FY2025 earnings per share estimates for Wheaton Precious Metals in a research report issued to clients and investors on Thursday, March 12th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $2.93 for the year, up from their previous estimate of $2.75. Scotiabank currently has a “Outperform” rating and a $175.00 price target on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2026 earnings at $4.21 EPS.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.31. The business had revenue of $864.71 million for the quarter, compared to the consensus estimate of $719.59 million. Wheaton Precious Metals had a return on equity of 17.69% and a net margin of 63.58%.The company’s quarterly revenue was up 127.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.44 earnings per share.

A number of other analysts also recently issued reports on the company. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday, December 29th. UBS Group restated a “neutral” rating and issued a $158.00 target price on shares of Wheaton Precious Metals in a report on Friday, January 30th. Wall Street Zen raised shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Finally, Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $115.00 to $130.00 in a report on Wednesday, December 10th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $140.44.

Wheaton Precious Metals Stock Performance

NYSE WPM opened at $139.72 on Friday. The business’s 50 day moving average price is $142.92 and its 200-day moving average price is $119.33. Wheaton Precious Metals has a fifty-two week low of $68.03 and a fifty-two week high of $165.76. The company has a market cap of $63.44 billion, a P/E ratio of 43.12, a P/E/G ratio of 2.18 and a beta of 0.50.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Parvin Asset Management LLC increased its position in Wheaton Precious Metals by 0.6% during the 4th quarter. Parvin Asset Management LLC now owns 11,925 shares of the company’s stock valued at $1,401,000 after purchasing an additional 75 shares during the period. Johnson Investment Counsel Inc. boosted its stake in shares of Wheaton Precious Metals by 0.4% during the fourth quarter. Johnson Investment Counsel Inc. now owns 20,465 shares of the company’s stock valued at $2,405,000 after purchasing an additional 75 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in Wheaton Precious Metals by 1.9% during the fourth quarter. Concurrent Investment Advisors LLC now owns 4,203 shares of the company’s stock valued at $494,000 after buying an additional 78 shares during the period. Gables Capital Management Inc. increased its holdings in Wheaton Precious Metals by 7.9% during the fourth quarter. Gables Capital Management Inc. now owns 1,079 shares of the company’s stock valued at $127,000 after buying an additional 79 shares during the period. Finally, Focus Financial Network Inc. raised its stake in Wheaton Precious Metals by 2.5% in the fourth quarter. Focus Financial Network Inc. now owns 3,305 shares of the company’s stock worth $388,000 after buying an additional 81 shares in the last quarter. 70.34% of the stock is owned by institutional investors.

Wheaton Precious Metals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st will be paid a $0.195 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.17. Wheaton Precious Metals’s payout ratio is currently 30.00%.

Key Wheaton Precious Metals News

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Company reported record 2025 revenue, earnings and operating cash flow; management said core assets (Salobo, Antamina, Peñasquito) and ramping mines (Blackwater, Goose) drove outperformance. PR Newswire: Record Annual Revenue
• Positive Sentiment: Q4 beat consensus: EPS $1.22 vs. estimates (~$0.91), revenue ~$865M (surged ~127% y/y) driven by higher metal prices and ~35% more GEOs sold—signals stronger cash generation. Yahoo Finance: Q4 Earnings Beat
• Positive Sentiment: Board raised the quarterly dividend 18% to US$0.195/share (first 2026 dividend), continuing a progressive payout policy and returning more capital after record 2025 dividends. Ex-dividend date and payment timing noted in filings. PR Newswire: Dividend Declaration
• Positive Sentiment: Management forecasted stronger 2026 output growth, reinforcing the revenue/production drivers behind the dividend increase and valuation support for a streaming model. Seeking Alpha: Dividend Hike & 2026 Output Forecast
• Positive Sentiment: Analyst activity supportive: Scotiabank nudged up FY estimates and maintains Outperform with a $175 target; RBC remains Buy — adds third-party validation to upside case. MarketBeat: Analyst Notes
• Neutral Sentiment: Company awarded $1M to Cetos Water for wastewater-reuse tech — a sustainability move that supports long-term operating resilience but has limited near-term financial impact. InsiderMonkey: Sustainable Mining Investment
• Neutral Sentiment: Shares showed a modest after-hours uptick following the results and dividend announcement, reflecting immediate positive reception; intraday weakness suggests mixed intraday flows. Yahoo Finance: After-Hours Move
• Negative Sentiment: Despite strong results, the stock is down in regular trading — likely short-term profit-taking and valuation scrutiny (WPM trades at elevated multiples vs. history), which can weigh on the share price until buyers absorb supply.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.