FY2025 Earnings Forecast for TSE:WPM Issued By Scotiabank

Wheaton Precious Metals Corp. (TSE:WPM) – Research analysts at Scotiabank raised their FY2025 earnings per share (EPS) estimates for shares of Wheaton Precious Metals in a note issued to investors on Friday, January 30th. Scotiabank analyst T. Jakusconek now expects that the company will earn $3.72 per share for the year, up from their previous forecast of $3.65. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

Wheaton Precious Metals (TSE:WPM) last issued its quarterly earnings results on Friday, November 7th. The company reported C$0.62 EPS for the quarter. Wheaton Precious Metals had a return on equity of 8.56% and a net margin of 50.05%.The company had revenue of C$663.15 million for the quarter.

Other analysts also recently issued reports about the stock. Peel Hunt increased their price target on shares of Wheaton Precious Metals from C$165.00 to C$240.00 in a report on Monday. Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 target price for the company in a research note on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Wheaton Precious Metals currently has an average rating of “Buy” and a consensus price target of C$145.14.

Wheaton Precious Metals Trading Up 3.3%

Shares of Wheaton Precious Metals stock opened at C$186.63 on Monday. Wheaton Precious Metals has a 1 year low of C$90.97 and a 1 year high of C$214.41. The company’s fifty day simple moving average is C$171.00 and its 200-day simple moving average is C$151.09. The company has a market cap of C$84.73 billion, a price-to-earnings ratio of 84.72 and a beta of 0.96.

Wheaton Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, December 4th were issued a dividend of $0.165 per share. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $0.66 annualized dividend and a dividend yield of 0.4%. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 29.51%.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Wheaton currently has streaming agreements for 21 operating mines and 13 development stage projects. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and a silver stream on Newmont’s Penasquito mine.