Q4 Earnings Estimate for TSE:WPM Issued By Raymond James

Wheaton Precious Metals Corp. (TSE:WPM) – Equities research analysts at Raymond James upped their Q4 2024 earnings per share estimates for Wheaton Precious Metals in a research report issued to clients and investors on Friday, November 8th. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.56 per share for the quarter, up from their prior estimate of $0.55. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Raymond James also issued estimates for Wheaton Precious Metals’ Q1 2025 earnings at $0.61 EPS, Q2 2025 earnings at $0.64 EPS, Q3 2025 earnings at $0.65 EPS and FY2025 earnings at $2.59 EPS.

A number of other equities analysts also recently commented on the stock. Eight Capital boosted their price objective on shares of Wheaton Precious Metals from C$95.00 to C$100.00 and gave the stock a “buy” rating in a research note on Thursday, September 26th. Stifel Nicolaus boosted their price objective on shares of Wheaton Precious Metals from C$90.00 to C$102.00 in a research note on Monday, October 21st. Canaccord Genuity Group boosted their price objective on shares of Wheaton Precious Metals from C$90.00 to C$100.00 in a research note on Tuesday, July 23rd. Peel Hunt upped their price target on Wheaton Precious Metals from C$82.00 to C$95.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Finally, Stifel Canada downgraded Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$97.67.

Wheaton Precious Metals Stock Down 2.0 %

Shares of TSE:WPM opened at C$83.23 on Monday. The company has a market capitalization of C$37.76 billion, a price-to-earnings ratio of 48.11 and a beta of 0.70. Wheaton Precious Metals has a 52 week low of C$52.15 and a 52 week high of C$94.84. The firm has a 50 day moving average of C$85.81 and a 200 day moving average of C$80.21.

Wheaton Precious Metals Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, December 6th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Thursday, November 21st. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 48.55%.

About Wheaton Precious Metals

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.