Zacks Research Issues Pessimistic Forecast for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Zacks Research decreased their Q3 2026 earnings per share estimates for shares of Wheaton Precious Metals in a note issued to investors on Thursday, September 24th. Zacks Research analyst Team now expects that the company will post earnings per share of $1.00 for the quarter, down from their prior estimate of $1.05. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.80 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ FY2026 earnings at $4.66 EPS and Q1 2027 earnings at $1.19 EPS.

Wheaton Precious Metals (NYSE:WPM) last issued its earnings results on Thursday, August 6th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.04. The business had revenue of $878.00 million during the quarter, compared to analyst estimates of $879.29 million. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%.Wheaton Precious Metals’s revenue for the quarter was up 84.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.63 earnings per share.

WPM has been the topic of a number of other research reports. UBS Group decreased their target price on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Royal Bank Of Canada upped their price target on shares of Wheaton Precious Metals from $160.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, September 16th. Scotiabank reduced their price objective on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. Berenberg Bank set a $157.00 price objective on Wheaton Precious Metals in a report on Tuesday, July 28th. Finally, Weiss Ratings lowered Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and a consensus price target of $166.00.

Wheaton Precious Metals Trading Down 1.0%

Shares of WPM opened at $143.95 on Friday. Wheaton Precious Metals has a fifty-two week low of $92.57 and a fifty-two week high of $165.76. The firm has a market cap of $65.38 billion, a price-to-earnings ratio of 31.92, a PEG ratio of 2.72 and a beta of 0.60. The firm has a 50 day moving average price of $137.41 and a 200-day moving average price of $131.22. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.47 and a current ratio of 0.47.

Wheaton Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were given a dividend of $0.1950 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.78 dividend on an annualized basis and a yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio is presently 17.29%.

Institutional Investors Weigh In On Wheaton Precious Metals

Several institutional investors and hedge funds have recently bought and sold shares of WPM. Parvin Asset Management LLC raised its stake in shares of Wheaton Precious Metals by 0.6% during the 4th quarter. Parvin Asset Management LLC now owns 11,925 shares of the company’s stock valued at $1,401,000 after buying an additional 75 shares during the last quarter. Cornerstone Financial Management LLC grew its holdings in Wheaton Precious Metals by 16.5% during the second quarter. Cornerstone Financial Management LLC now owns 565 shares of the company’s stock worth $63,000 after acquiring an additional 80 shares during the period. J.W. Cole Advisors Inc. raised its position in Wheaton Precious Metals by 0.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 11,926 shares of the company’s stock valued at $1,343,000 after acquiring an additional 91 shares in the last quarter. Hollencrest Capital Management raised its position in Wheaton Precious Metals by 73.5% during the first quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock valued at $31,000 after acquiring an additional 100 shares in the last quarter. Finally, O Domhnaill Enterprises Inc. raised its position in Wheaton Precious Metals by 0.3% during the first quarter. O Domhnaill Enterprises Inc. now owns 31,690 shares of the company’s stock valued at $4,152,000 after acquiring an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. (NYSE:WPM) is a precious metals streaming company headquartered in Vancouver, British Columbia. Rather than operating mines directly, the company provides upfront financing to mining companies in exchange for the right to purchase a portion of the future production from specific mining projects at predetermined prices.

Wheaton’s streaming portfolio is primarily focused on gold and silver, with additional exposure to palladium and cobalt through certain agreements.