Analysts Offer Predictions for TSE:WPM Q4 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Research analysts at Stifel Canada issued their Q4 2024 earnings per share (EPS) estimates for Wheaton Precious Metals in a report released on Tuesday, February 4th. Stifel Canada analyst I. Rico forecasts that the company will earn $0.64 per share for the quarter. Stifel Canada has a “Strong-Buy” 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) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.47. Wheaton Precious Metals had a return on equity of 8.16% and a net margin of 50.44%. During the same quarter in the previous year, the company posted $0.36 EPS.

Other research analysts have also issued reports about the stock. 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. UBS Group raised Wheaton Precious Metals to a “strong-buy” rating in a research report on Monday, November 18th. Finally, National Bankshares upgraded Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$90.00 to C$105.00 in a research note on Thursday, October 10th. Four research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$97.67.

Wheaton Precious Metals Trading Up 1.3 %

Shares of WPM opened at C$95.69 on Friday. The company’s fifty day simple moving average is C$85.23 and its 200 day simple moving average is C$84.55. Wheaton Precious Metals has a 1-year low of C$52.15 and a 1-year high of C$95.76. The company has a market cap of C$43.41 billion, a price-to-earnings ratio of 55.31 and a beta of 0.70.

Wheaton Precious Metals Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, December 6th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, November 21st. Wheaton Precious Metals’s dividend payout ratio 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.