FY2025 Earnings Forecast for WPM Issued By Edison Inv. Res

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities researchers at Edison Inv. Res lifted their FY2025 earnings per share (EPS) estimates for shares of Wheaton Precious Metals in a research note issued on Monday, January 19th. Edison Inv. Res analyst L. Ashbourne now forecasts that the company will post earnings per share of $2.75 for the year, up from their previous estimate of $2.71. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

Wheaton Precious Metals (NYSE:WPM) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. Wheaton Precious Metals had a net margin of 54.72% and a return on equity of 13.32%. The firm had revenue of $476.26 million for the quarter, compared to analysts’ expectations of $495.53 million. During the same quarter last year, the business posted $0.34 earnings per share. The company’s revenue for the quarter was up 54.5% compared to the same quarter last year.

Several other research analysts also recently commented on WPM. Scotiabank reissued an “outperform” rating on shares of Wheaton Precious Metals in a report on Thursday, October 23rd. Royal Bank Of Canada raised Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $115.00 to $130.00 in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday, December 29th. Wall Street Zen raised Wheaton Precious Metals from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $145.00 target price on shares of Wheaton Precious Metals in a report on Sunday, December 7th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $130.78.

Wheaton Precious Metals Stock Performance

WPM opened at $141.67 on Wednesday. The stock has a market capitalization of $64.32 billion, a price-to-earnings ratio of 64.39, a PEG ratio of 1.29 and a beta of 0.52. The company has a fifty day moving average of $115.96 and a 200 day moving average of $105.34. Wheaton Precious Metals has a fifty-two week low of $57.84 and a fifty-two week high of $142.49.

Wheaton Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Thursday, November 20th were given a $0.165 dividend. The ex-dividend date was Thursday, November 20th. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 30.00%.

Institutional Investors Weigh In On Wheaton Precious Metals

Several hedge funds and other institutional investors have recently made changes to their positions in WPM. Nisa Investment Advisors LLC bought a new position in Wheaton Precious Metals during the 3rd quarter valued at about $26,000. Delta Asset Management LLC TN purchased a new position in shares of Wheaton Precious Metals during the second quarter valued at approximately $27,000. Root Financial Partners LLC bought a new position in shares of Wheaton Precious Metals during the third quarter valued at approximately $29,000. Triumph Capital Management purchased a new stake in shares of Wheaton Precious Metals in the third quarter worth approximately $33,000. Finally, Aventura Private Wealth LLC bought a new stake in shares of Wheaton Precious Metals during the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

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.