FY2025 Earnings Forecast for WPM Issued By Edison Inv. Res

Wheaton Precious Metals Corp. (NYSE:WPM) – Analysts at Edison Inv. Res boosted their FY2025 EPS estimates for Wheaton Precious Metals in a note issued to investors on Monday, January 19th. Edison Inv. Res analyst L. Ashbourne now anticipates that the company will earn $2.75 per share for the year, up from their prior estimate of $2.71. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. The company had revenue of $476.26 million for the quarter, compared to the consensus estimate of $495.53 million. Wheaton Precious Metals had a return on equity of 13.32% and a net margin of 54.72%.The firm’s quarterly revenue was up 54.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.34 EPS.

Other analysts also recently issued reports about the stock. Royal Bank Of Canada raised shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $115.00 to $130.00 in a research report on Wednesday, December 10th. Scotiabank reiterated an “outperform” rating on shares of Wheaton Precious Metals in a research note on Thursday, October 23rd. CIBC raised their price target on shares of Wheaton Precious Metals from $135.00 to $160.00 and gave the company an “outperformer” rating in a research report on Friday, October 10th. Wall Street Zen upgraded shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $145.00 target price on shares of Wheaton Precious Metals in a research note on Sunday, December 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $130.78.

Wheaton Precious Metals Trading Down 2.6%

Wheaton Precious Metals stock opened at $137.98 on Wednesday. Wheaton Precious Metals has a 12 month low of $57.84 and a 12 month high of $146.77. The company has a market capitalization of $62.65 billion, a price-to-earnings ratio of 62.72, a price-to-earnings-growth ratio of 1.35 and a beta of 0.52. The business’s fifty day simple moving average is $116.56 and its two-hundred day simple moving average is $105.57.

Wheaton Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, November 20th. Wheaton Precious Metals’s payout ratio is presently 30.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Wheaton Precious Metals in the third quarter valued at approximately $11,355,000. West Family Investments Inc. acquired a new position in Wheaton Precious Metals during the second quarter worth $247,000. Norges Bank acquired a new position in Wheaton Precious Metals during the second quarter worth $656,463,000. Voya Investment Management LLC grew its holdings in Wheaton Precious Metals by 7.4% in the 3rd quarter. Voya Investment Management LLC now owns 246,827 shares of the company’s stock valued at $27,608,000 after buying an additional 16,908 shares in the last quarter. Finally, Louisbourg Investments Inc. increased its stake in shares of Wheaton Precious Metals by 72.9% in the 2nd quarter. Louisbourg Investments Inc. now owns 115,846 shares of the company’s stock worth $10,398,000 after acquiring an additional 48,852 shares during the last quarter. Institutional investors own 70.34% of the company’s stock.

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.