Equities Analysts Set Expectations for WPM FY2025 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Analysts at Edison Inv. Res decreased their FY2025 earnings per share (EPS) estimates for shares of Wheaton Precious Metals in a research report issued on Monday, November 11th. Edison Inv. Res analyst C. Gibson now forecasts that the company will post earnings of $1.23 per share for the year, down from their previous estimate of $1.26. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.44 per share.

WPM has been the topic of several other reports. TD Securities increased their price target on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Raymond James raised their target price on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Stifel Canada lowered Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st. National Bank Financial upgraded shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 10th. Finally, Scotiabank raised their price target on shares of Wheaton Precious Metals from $66.50 to $72.00 and gave the company a “sector outperform” rating in a research report on Monday, August 19th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Wheaton Precious Metals has an average rating of “Moderate Buy” and a consensus target price of $70.88.

Wheaton Precious Metals Price Performance

NYSE:WPM opened at $59.33 on Wednesday. The firm has a market capitalization of $26.91 billion, a P/E ratio of 44.28, a PEG ratio of 2.17 and a beta of 0.77. The company’s fifty day moving average price is $62.75 and its 200-day moving average price is $58.76. Wheaton Precious Metals has a 1-year low of $38.57 and a 1-year high of $68.64.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings results on Friday, November 8th. The company reported $0.34 earnings per share for the quarter, hitting the consensus estimate of $0.34. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. The company had revenue of $308.25 million for the quarter, compared to the consensus estimate of $324.57 million. During the same quarter in the prior year, the company earned $0.27 EPS.

Wheaton Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, November 21st will be given a $0.155 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.62 annualized dividend and a dividend yield of 1.05%. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 46.27%.

Institutional Trading of Wheaton Precious Metals

Several large investors have recently made changes to their positions in the company. AdvisorNet Financial Inc boosted its stake in Wheaton Precious Metals by 6.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 3,330 shares of the company’s stock worth $175,000 after purchasing an additional 190 shares during the last quarter. Principal Financial Group Inc. boosted its position in Wheaton Precious Metals by 1.0% during the third quarter. Principal Financial Group Inc. now owns 19,761 shares of the company’s stock worth $1,208,000 after acquiring an additional 196 shares during the last quarter. Vontobel Holding Ltd. grew its stake in Wheaton Precious Metals by 0.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 34,558 shares of the company’s stock valued at $2,110,000 after acquiring an additional 197 shares in the last quarter. Capital International Inc. CA raised its holdings in Wheaton Precious Metals by 2.5% in the 1st quarter. Capital International Inc. CA now owns 8,308 shares of the company’s stock valued at $392,000 after acquiring an additional 204 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in Wheaton Precious Metals by 1.0% in the 3rd quarter. Arkadios Wealth Advisors now owns 21,575 shares of the company’s stock worth $1,318,000 after purchasing an additional 210 shares in the last quarter. 70.34% of the stock is currently owned by hedge funds and other institutional investors.

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.