What is Scotiabank’s Estimate for WPM FY2026 Earnings?

Wheaton Precious Metals Corp. (NYSE:WPM) – Scotiabank cut their FY2026 earnings per share (EPS) estimates for Wheaton Precious Metals in a report issued on Thursday, May 14th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $4.48 per share for the year, down from their previous estimate of $4.64. Scotiabank currently has a “Outperform” rating and a $180.00 price target on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.88 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2027 earnings at $4.37 EPS.

Wheaton Precious Metals (NYSE:WPM) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.24 by $0.04. The business had revenue of $901.47 million for the quarter, compared to analysts’ expectations of $868.35 million. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The company’s revenue was up 91.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.55 earnings per share.

Several other analysts have also weighed in on the company. Wall Street Zen lowered Wheaton Precious Metals from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 28th. TD Securities boosted their price objective on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Zacks Research lowered Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Wheaton Precious Metals in a report on Wednesday, February 4th. Finally, TD Cowen boosted their price objective on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Thirteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.64.

Wheaton Precious Metals Stock Down 2.1%

Shares of Wheaton Precious Metals stock opened at $139.19 on Friday. The firm has a market cap of $63.21 billion, a P/E ratio of 35.15, a P/E/G ratio of 2.74 and a beta of 0.50. Wheaton Precious Metals has a fifty-two week low of $76.69 and a fifty-two week high of $165.76. The business has a 50-day moving average price of $137.13 and a 200 day moving average price of $128.38.

Hedge Funds Weigh In On Wheaton Precious Metals

Several institutional investors have recently made changes to their positions in the stock. TD Waterhouse Canada Inc. grew its holdings in Wheaton Precious Metals by 9.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 809,093 shares of the company’s stock worth $89,886,000 after buying an additional 69,496 shares in the last quarter. J. Safra Sarasin Holding AG grew its holdings in Wheaton Precious Metals by 38.5% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 68,485 shares of the company’s stock worth $7,659,000 after buying an additional 19,050 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new position in Wheaton Precious Metals in the 3rd quarter worth approximately $11,355,000. Varma Mutual Pension Insurance Co grew its holdings in Wheaton Precious Metals by 8.5% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 207,358 shares of the company’s stock worth $23,210,000 after buying an additional 16,300 shares in the last quarter. Finally, TD Asset Management Inc grew its holdings in Wheaton Precious Metals by 3.5% in the 3rd quarter. TD Asset Management Inc now owns 7,252,054 shares of the company’s stock worth $811,726,000 after buying an additional 244,027 shares in the last quarter. 70.34% of the stock is owned by institutional investors.

Wheaton Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be issued a dividend of $0.195 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is 19.70%.

About Wheaton Precious Metals

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.