Zacks Research Brokers Raise Earnings Estimates for WPM

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Zacks Research lifted their Q3 2026 earnings estimates for 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 $1.14 for the quarter, up from their previous forecast of $1.13. 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’ Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $4.71 EPS, Q1 2027 earnings at $1.29 EPS, Q2 2027 earnings at $1.13 EPS, Q3 2027 earnings at $1.28 EPS, Q4 2027 earnings at $1.43 EPS, FY2027 earnings at $5.13 EPS and Q2 2028 earnings at $1.14 EPS.

WPM has been the subject of a number of other research reports. Bank of America decreased their price objective on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Jefferies Financial Group dropped 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. UBS Group reduced their target price on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Royal Bank Of Canada decreased their price target on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Finally, Weiss Ratings cut shares of Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Twelve analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Wheaton Precious Metals presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.09.

Wheaton Precious Metals Stock Down 1.2%

NYSE WPM opened at $110.02 on Thursday. Wheaton Precious Metals has a twelve month low of $90.39 and a twelve month high of $165.76. The firm has a market capitalization of $49.96 billion, a PE ratio of 27.78, a P/E/G ratio of 2.01 and a beta of 0.55. The stock’s 50 day moving average is $117.88 and its 200 day moving average is $131.79.

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

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were issued 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 19.70%.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of institutional investors have recently modified their holdings of WPM. Norges Bank bought a new stake in shares of Wheaton Precious Metals during the fourth quarter valued at approximately $864,977,000. Arrowstreet Capital Limited Partnership lifted its position in Wheaton Precious Metals by 40.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,912,588 shares of the company’s stock valued at $694,951,000 after acquiring an additional 1,715,540 shares in the last quarter. Van ECK Associates Corp boosted its stake in Wheaton Precious Metals by 10.7% during the 4th quarter. Van ECK Associates Corp now owns 14,469,877 shares of the company’s stock valued at $1,700,517,000 after purchasing an additional 1,402,092 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in Wheaton Precious Metals by 1,655.4% during the 3rd quarter. Qube Research & Technologies Ltd now owns 1,245,766 shares of the company’s stock valued at $139,333,000 after purchasing an additional 1,174,799 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Wheaton Precious Metals by 2,621.8% in the 4th quarter. AQR Capital Management LLC now owns 903,678 shares of the company’s stock worth $106,239,000 after purchasing an additional 870,476 shares in the last quarter. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wheaton Precious Metals News Roundup

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Wheaton Precious Metals to $4.71 from $4.65, signaling slightly better near-term earnings expectations.
• Positive Sentiment: The firm also increased FY2027 EPS estimates to $5.13 from $4.88, which may encourage investors looking for improving longer-term profitability.
• Positive Sentiment: Quarterly estimates were also lifted for Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q3 2026, Q4 2026, and Q2 2028, reinforcing a broadly improved earnings outlook for WPM.
• Neutral Sentiment: The consensus estimate for the current full-year earnings remains at $4.73 per share, so the revisions are positive but still close to broader market expectations.

About Wheaton Precious Metals

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.