Research Analysts Offer Predictions for TSE:WPM Q4 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Investment analysts at National Bank Financial decreased their Q4 2024 earnings per share estimates for shares of Wheaton Precious Metals in a research note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.60 per share for the quarter, down from their prior estimate of $0.65. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

A number of other analysts have also commented on the company. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. UBS Group raised shares of Wheaton Precious Metals to a “strong-buy” rating in a report on Monday, November 18th. Finally, Stifel Nicolaus raised their price target on shares of Wheaton Precious Metals from C$90.00 to C$102.00 in a research note on Monday, October 21st. Four investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$97.67.

Wheaton Precious Metals Stock Down 1.4 %

Shares of WPM stock opened at C$95.48 on Wednesday. Wheaton Precious Metals has a twelve month low of C$52.15 and a twelve month high of C$97.40. The stock’s fifty day simple moving average is C$85.90 and its 200 day simple moving average is C$84.89. The firm has a market capitalization of C$43.31 billion, a P/E ratio of 55.19 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 paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date was Thursday, November 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.