Wheaton Precious Metals (NYSE:WPM) Announces Earnings Results, Misses Estimates By $0.01 EPS

Wheaton Precious Metals (NYSE:WPM) announced its quarterly earnings results on Thursday. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.01), Zacks reports. The firm had revenue of $771.73 million for the quarter, compared to the consensus estimate of $787.10 million. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%.

Wheaton Precious Metals Stock Performance

WPM stock traded up $3.74 during trading on Friday, hitting $136.20. The company had a trading volume of 2,089,341 shares, compared to its average volume of 1,683,745. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $138.57 and a 200-day moving average price of $133.73. Wheaton Precious Metals has a 1-year low of $96.14 and a 1-year high of $165.76. The firm has a market cap of $61.86 billion, a PE ratio of 29.61, a price-to-earnings-growth ratio of 2.33 and a beta of 0.56.

Wheaton Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 19th will be given a dividend of $0.1950 per share. This represents a $0.78 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, November 19th. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 17.29%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Weiss Ratings cut Wheaton Precious Metals from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, October 23rd. Raymond James Financial reiterated an “outperform” rating and issued a $180.00 target price on shares of Wheaton Precious Metals in a research note on Friday. Royal Bank Of Canada upped their price objective on shares of Wheaton Precious Metals from $160.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, September 16th. UBS Group boosted their price objective on Wheaton Precious Metals from $153.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 8th. Finally, Scotiabank lowered their target price 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. Twelve analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $172.90.

Wheaton Precious Metals News Summary

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Q3 revenue rose 62% year over year to about US$772 million, while adjusted net earnings increased 46%. Wheaton also reported record year-to-date production, sales volume, revenue, earnings and cash flow, and said it remains on track to meet annual production guidance. Q3 2026 results
• Positive Sentiment: The company declared a quarterly dividend of US$0.195 per share, an 18% increase from the same 2025 payment. The dividend supports investor returns, though its 0.6% indicated yield is modest. Dividend declaration
• Positive Sentiment: Peel Hunt retained its Buy rating and C$187 price target, citing a better-than-expected quarter. Wheaton also reported growth-project milestones, including first gold pour at Montage Gold’s Koné project and construction approval for Hudbay’s Copper World. Peel Hunt commentary
• Neutral Sentiment: UBS lowered its price target to $155 from $160 but maintained its Buy rating, indicating a modestly more cautious valuation view without a change in its overall recommendation. UBS price target update
• Negative Sentiment: Despite strong growth from a year earlier, Q3 EPS of $0.90 and revenue of $771.7 million fell short of consensus estimates of $0.91 and $787.1 million, respectively. Scotiabank also cut its 2026 EPS forecast to $4.65 from $4.83, although it kept a Sector Outperform rating and $175 target. Q3 estimate miss

Wheaton Precious Metals Company Profile

Wheaton Precious Metals is a precious metals streaming company that provides mining companies with upfront financing in exchange for the right to purchase a portion of the metals produced by their mines. Its streams cover gold and silver, as well as smaller amounts of palladium and cobalt.

Rather than operating mines itself, Wheaton works with mining companies around the world. Under its agreements, it typically makes an initial payment and additional payments for metals delivered, giving it exposure to mine production without directly managing mining operations.

The company was founded as Silver Wheaton in 2004 and adopted the Wheaton Precious Metals name in 2017.