Zacks Research Has Optimistic Outlook of TSE:WPM Q3 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Stock analysts at Zacks Research increased their Q3 2026 earnings per share estimates for Wheaton Precious Metals in a research note issued on Wednesday, July 22nd. Zacks Research analyst Team now expects that the company will post earnings of $1.61 per share for the quarter, up from their prior estimate of $1.58. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q4 2026 earnings at $1.66 EPS, FY2026 earnings at $6.64 EPS, Q2 2027 earnings at $1.59 EPS, Q3 2027 earnings at $1.80 EPS, Q4 2027 earnings at $2.02 EPS, FY2027 earnings at $7.23 EPS and Q2 2028 earnings at $1.61 EPS.

WPM has been the topic of a number of other reports. UBS Group raised shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. BMO Capital Markets lifted their price target on Wheaton Precious Metals from C$240.00 to C$250.00 in a research report on Wednesday, April 22nd. Finally, Stifel Nicolaus lifted their price target on Wheaton Precious Metals from C$240.00 to C$250.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to MarketBeat, Wheaton Precious Metals has an average rating of “Buy” and an average target price of C$205.62.

Wheaton Precious Metals Trading Down 1.2%

Shares of Wheaton Precious Metals stock opened at C$154.97 on Thursday. The firm’s 50 day simple moving average is C$165.33 and its two-hundred day simple moving average is C$182.10. The firm has a market capitalization of C$70.38 billion, a price-to-earnings ratio of 39.16 and a beta of 1.40. Wheaton Precious Metals has a 12-month low of C$125.08 and a 12-month high of C$226.68.

Wheaton Precious Metals (TSE:WPM) last released its earnings results on Thursday, May 7th. The company reported C$1.78 EPS for the quarter. The company had revenue of C$1.25 billion during the quarter. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 21.32%.

Wheaton Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, May 27th. Wheaton Precious Metals’s payout ratio is presently 17.44%.

Insider Activity at Wheaton Precious Metals

In other Wheaton Precious Metals news, insider Vincent Chun Yip Lau acquired 225 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average cost of C$176.85 per share, with a total value of C$39,791.25. Following the acquisition, the insider directly owned 1,065 shares of the company’s stock, valued at approximately C$188,345.25. The trade was a 26.79% increase in their ownership of the stock. 0.13% of the stock is owned by company insiders.

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.