Scotiabank Has Bullish Outlook for WPM FY2025 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Scotiabank increased their FY2025 earnings estimates for shares of Wheaton Precious Metals in a research report issued on Wednesday, March 11th. Scotiabank analyst T. Jakusconek now expects that the company will earn $2.93 per share for the year, up from their prior forecast of $2.75. Scotiabank 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.

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

A number of other equities research analysts have also commented on the stock. Royal Bank Of Canada raised shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $115.00 to $130.00 in a research note on Wednesday, December 10th. Jefferies Financial Group reissued a “buy” rating and set a $145.00 target price on shares of Wheaton Precious Metals in a research note on Sunday, December 7th. Wall Street Zen upgraded shares of Wheaton Precious Metals from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wheaton Precious Metals in a research report on Monday, December 29th. Finally, Zacks Research downgraded Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wheaton Precious Metals currently has a consensus rating of “Moderate Buy” and an average target price of $140.44.

Wheaton Precious Metals Stock Performance

NYSE:WPM opened at $139.72 on Monday. 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 50 day simple moving average of $142.92 and a two-hundred day simple moving average of $119.65. The company has a market capitalization of $63.44 billion, a PE ratio of 43.12, a P/E/G ratio of 2.09 and a beta of 0.50.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of WPM. Corient Private Wealth LLC grew its holdings in Wheaton Precious Metals by 252.1% in the fourth quarter. Corient Private Wealth LLC now owns 56,640 shares of the company’s stock worth $6,656,000 after purchasing an additional 40,555 shares during the period. Bayban acquired a new position in shares of Wheaton Precious Metals during the fourth quarter valued at about $74,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Wheaton Precious Metals during the 4th quarter worth about $569,000. Groupama Asset Managment boosted its position in shares of Wheaton Precious Metals by 32.7% during the 4th quarter. Groupama Asset Managment now owns 39,879 shares of the company’s stock worth $4,687,000 after purchasing an additional 9,832 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Wheaton Precious Metals in the 4th quarter valued at about $138,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

Wheaton Precious Metals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders 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 annualized dividend and a dividend yield of 0.6%. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.17. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 20.37%.

Wheaton Precious Metals News Summary

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.