Zacks Research Issues Pessimistic Forecast for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Zacks Research dropped their Q2 2026 earnings per share estimates for shares of Wheaton Precious Metals in a research report issued on Wednesday, July 22nd. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.10 for the quarter, down from their prior forecast of $1.12. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.73 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q1 2028 earnings at $1.41 EPS and FY2028 earnings at $5.27 EPS.

WPM has been the topic of several other reports. Jefferies Financial Group decreased their target price on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Scotiabank reduced their price target on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. Wall Street Zen cut Wheaton Precious Metals from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. BMO Capital Markets began coverage on Wheaton Precious Metals in a research report on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective for the company. Finally, UBS Group lowered their price objective on Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and a consensus target price of $161.09.

Wheaton Precious Metals Trading Up 1.3%

Wheaton Precious Metals stock opened at $111.49 on Friday. The company has a 50-day moving average price of $117.50 and a 200 day moving average price of $131.65. Wheaton Precious Metals has a 12-month low of $90.39 and a 12-month high of $165.76. The stock has a market cap of $50.63 billion, a P/E ratio of 28.15, a PEG ratio of 1.98 and a beta of 0.55.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.04. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The firm had revenue of $901.47 million for the quarter, compared to analysts’ expectations of $868.35 million. During the same quarter in the previous year, the company posted $0.55 EPS. The company’s revenue was up 91.7% compared to the same quarter last year.

Wheaton Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were given a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals’s payout ratio is currently 19.70%.

Institutional Trading of Wheaton Precious Metals

Institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC acquired a new position in shares of Wheaton Precious Metals in the first quarter valued at approximately $331,000. Focus Partners Wealth lifted its holdings in Wheaton Precious Metals by 10.7% during the 1st quarter. Focus Partners Wealth now owns 11,223 shares of the company’s stock worth $871,000 after buying an additional 1,081 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Wheaton Precious Metals during the 1st quarter worth approximately $209,000. Sivia Capital Partners LLC purchased a new position in Wheaton Precious Metals in the 2nd quarter valued at approximately $239,000. Finally, Rhumbline Advisers boosted its position in Wheaton Precious Metals by 28.3% in the 2nd quarter. Rhumbline Advisers now owns 2,952 shares of the company’s stock valued at $265,000 after buying an additional 652 shares during the period. 70.34% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate to $4.71 from $4.65, implying slightly better near-term earnings momentum for Wheaton Precious Metals. Wheaton Precious Metals Free Report
• Positive Sentiment: The firm also raised FY2027 EPS to $5.13 from $4.88 and FY2028 EPS to $5.27 from $4.48, a meaningful boost to the company’s longer-term earnings outlook. Wheaton Precious Metals Free Report
• Positive Sentiment: Quarterly estimates were also nudged higher for several future periods, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, reinforcing a constructive analyst view on the stock. Wheaton Precious Metals Free Report
• Neutral Sentiment: Zacks trimmed its Q2 2026 EPS estimate slightly to $1.10 from $1.12, but the change is small and does not materially offset the broader series of upward revisions. Wheaton Precious Metals Free Report

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.