Wheaton Precious Metals Corp. (NYSE:WPM) Forecasted to Post FY2025 Earnings of $1.68 Per Share

Wheaton Precious Metals Corp. (NYSE:WPM) – National Bank Financial increased their FY2025 earnings per share estimates for Wheaton Precious Metals in a research report issued on Wednesday, October 9th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $1.68 for the year, up from their prior estimate of $1.48. National Bank Financial has a “Outperform” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.43 per share. National Bank Financial also issued estimates for Wheaton Precious Metals’ FY2026 earnings at $1.70 EPS.

Other equities analysts have also issued research reports about the company. Raymond James increased their price target on Wheaton Precious Metals from $70.00 to $72.00 and gave the company an “outperform” rating in a research report on Wednesday, September 25th. CIBC increased their target price on Wheaton Precious Metals from $75.00 to $80.00 and gave the company an “outperformer” rating in a report on Wednesday, July 10th. Scotiabank lifted their price target on Wheaton Precious Metals from $66.50 to $72.00 and gave the company a “sector outperform” rating in a report on Monday, August 19th. Berenberg Bank raised their price objective on Wheaton Precious Metals from $64.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, June 27th. Finally, Jefferies Financial Group upped their target price on Wheaton Precious Metals from $67.00 to $77.00 and gave the company a “buy” rating in a report on Friday, October 4th. Eight analysts have rated the stock with a buy rating, According to MarketBeat, Wheaton Precious Metals currently has an average rating of “Buy” and a consensus price target of $69.88.

Wheaton Precious Metals Stock Performance

Wheaton Precious Metals stock opened at $61.76 on Monday. The firm has a market cap of $28.02 billion, a price-to-earnings ratio of 49.02, a price-to-earnings-growth ratio of 2.20 and a beta of 0.78. The firm’s 50 day moving average price is $60.50 and its two-hundred day moving average price is $56.81. Wheaton Precious Metals has a 1 year low of $38.57 and a 1 year high of $64.82.

Wheaton Precious Metals (NYSE:WPM) last posted its earnings results on Wednesday, August 7th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. Wheaton Precious Metals had a net margin of 50.44% and a return on equity of 8.54%. The firm had revenue of $299.06 million during the quarter, compared to analyst estimates of $309.54 million. During the same period in the previous year, the business posted $0.31 EPS. Wheaton Precious Metals’s revenue was up 12.9% on a year-over-year basis.

Wheaton Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were paid a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date was Wednesday, August 21st. Wheaton Precious Metals’s payout ratio is 49.21%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Ridgewood Investments LLC bought a new position in shares of Wheaton Precious Metals in the second quarter worth about $31,000. Abich Financial Wealth Management LLC bought a new stake in Wheaton Precious Metals in the 2nd quarter valued at $31,000. Sunbelt Securities Inc. acquired a new stake in Wheaton Precious Metals in the 2nd quarter worth $47,000. St. Johns Investment Management Company LLC bought a new position in shares of Wheaton Precious Metals during the 1st quarter worth about $52,000. Finally, Western Pacific Wealth Management LP raised its position in shares of Wheaton Precious Metals by 19.6% during the first quarter. Western Pacific Wealth Management LP now owns 1,331 shares of the company’s stock valued at $63,000 after buying an additional 218 shares during the last quarter. Institutional investors own 70.34% of the company’s stock.

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.