Zacks Research Has Positive Estimate for WPM Q2 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Research analysts at Zacks Research lifted their Q2 2026 EPS estimates for Wheaton Precious Metals in a research report issued to clients and investors on Thursday, March 26th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.85 for the quarter, up from their previous estimate of $0.79. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2026 earnings at $0.86 EPS, FY2026 earnings at $3.33 EPS, Q1 2027 earnings at $0.79 EPS, Q2 2027 earnings at $0.84 EPS and FY2028 earnings at $3.18 EPS.

WPM has been the subject of several other reports. Wall Street Zen downgraded Wheaton Precious Metals from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings reiterated a “buy (b)” rating on shares of Wheaton Precious Metals in a report on Monday, December 29th. Jefferies Financial Group reiterated a “buy” rating and issued a $145.00 price objective on shares of Wheaton Precious Metals in a research report on Sunday, December 7th. Scotiabank increased their target price on Wheaton Precious Metals from $175.00 to $178.00 and gave the stock a “sector outperform” rating in a research note on Monday, March 16th. Finally, UBS Group upgraded shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price on the stock in a report on Friday. Thirteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $145.36.

Wheaton Precious Metals Trading Up 4.6%

Shares of Wheaton Precious Metals stock opened at $124.48 on Friday. The stock’s fifty day simple moving average is $142.22 and its 200 day simple moving average is $120.98. The company has a market capitalization of $56.52 billion, a PE ratio of 38.42, a PEG ratio of 1.70 and a beta of 0.50. Wheaton Precious Metals has a 12 month low of $68.03 and a 12 month high of $165.76.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.31. Wheaton Precious Metals had a net margin of 63.58% and a return on equity of 17.17%. The company had revenue of $864.71 million during the quarter, compared to analyst estimates of $719.59 million. During the same quarter in the previous year, the business earned $0.44 EPS. The firm’s revenue was up 127.3% on a year-over-year basis.

Wheaton Precious Metals Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st will be issued a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from Wheaton Precious Metals’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, March 31st. Wheaton Precious Metals’s dividend payout ratio is presently 20.37%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of WPM. McAlvany Wealth Management LLC bought a new position in shares of Wheaton Precious Metals during the fourth quarter worth about $4,151,000. Purpose Unlimited Inc. acquired a new stake in Wheaton Precious Metals in the 4th quarter valued at approximately $5,343,000. John A. Wolfe & Associates Inc. bought a new stake in Wheaton Precious Metals in the 4th quarter valued at approximately $251,000. Corient Private Wealth LLC boosted its position in Wheaton Precious Metals by 252.1% during the 4th quarter. Corient Private Wealth LLC now owns 56,640 shares of the company’s stock worth $6,656,000 after acquiring an additional 40,555 shares during the last quarter. Finally, Bayban acquired a new position in Wheaton Precious Metals during the 4th quarter worth approximately $74,000. 70.34% of the stock is owned by institutional investors and hedge funds.

Wheaton Precious Metals News Summary

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

• Positive Sentiment: UBS upgraded WPM from “neutral” to “buy” and set a $160 price target (~28.5% upside vs. the current quote), signaling conviction from a major broker that the shares have meaningful upside. Article Title Article Title
• Positive Sentiment: Zacks Research increased several near-term and FY estimates for WPM (Q1/Q2/Q3 and FY2026/FY2028), and lifted FY2026 to $3.33 EPS from $3.25 — upgrades that improve the earnings outlook even though Zacks retains a “Hold” rating. (Source: MarketBeat summary of analyst notes) Article Title
• Positive Sentiment: Company fundamentals are supporting the outlook: WPM reported record operating cash flow (US$1.9B in 2025 vs US$1.03B in 2024), strong sales and net income for 2025, and the board approved an 18% increase in the quarterly dividend — concrete cash-generation and shareholder-return signals. Article Title
• Neutral Sentiment: Analyst commentary pieces from Zacks highlight WPM as a strong growth/quality name and question the sustainability of the free-cash-flow rally (key variables: production growth and gold prices). These are useful context items but mostly reinforce existing data rather than introduce new catalysts. Article Title

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.