Wheaton Precious Metals Corp. (TSE:WPM – Free Report) – Research analysts at Stifel Canada lifted their FY2024 earnings estimates for Wheaton Precious Metals in a note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now expects that the company will post earnings per share of $1.97 for the year, up from their previous estimate of $1.95. Stifel Canada has a “Hold” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.
Wheaton Precious Metals (TSE:WPM – Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C$0.45 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.39 by C$0.06. The firm had revenue of C$409.19 million during the quarter, compared to analyst estimates of C$400.03 million. Wheaton Precious Metals had a return on equity of 8.16% and a net margin of 50.44%.
Get Our Latest Analysis on WPM
Wheaton Precious Metals Price Performance
TSE WPM opened at C$93.00 on Wednesday. Wheaton Precious Metals has a 1-year low of C$52.15 and a 1-year high of C$94.84. The business has a 50 day simple moving average of C$84.19 and a two-hundred day simple moving average of C$78.63. The stock has a market capitalization of C$42.19 billion, a PE ratio of 53.76 and a beta of 0.70.
Wheaton Precious Metals Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were paid a dividend of $0.214 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend was Wednesday, August 21st. Wheaton Precious Metals’s dividend payout ratio is currently 48.55%.
Wheaton Precious Metals Company Profile
Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
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