Edison Inv. Res Issues Negative Estimate for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Investment analysts at Edison Inv. Res decreased their Q3 2026 earnings estimates for shares of Wheaton Precious Metals in a report issued on Tuesday, July 28th. Edison Inv. Res analyst L. Ashbourne now forecasts that the company will earn $0.89 per share for the quarter, down from their prior estimate of $1.38. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.73 per share. Edison Inv. Res also issued estimates for Wheaton Precious Metals’ Q4 2026 earnings at $1.00 EPS and FY2026 earnings at $4.32 EPS.

Other analysts have also issued research reports about the stock. BMO Capital Markets began coverage on shares of Wheaton Precious Metals in a report on Thursday, April 9th. They set an “outperform” rating and a $240.00 target price for the company. Wall Street Zen downgraded Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Jefferies Financial Group reduced their price target on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. Weiss Ratings cut Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Finally, UBS Group dropped their price objective on Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Twelve equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $165.55.

Wheaton Precious Metals Price Performance

Shares of NYSE WPM opened at $109.34 on Thursday. The company’s 50 day simple moving average is $116.50 and its 200 day simple moving average is $131.43. Wheaton Precious Metals has a fifty-two week low of $90.39 and a fifty-two week high of $165.76. The firm has a market capitalization of $49.66 billion, a P/E ratio of 27.61, a P/E/G ratio of 1.98 and a beta of 0.55.

Wheaton Precious Metals (NYSE:WPM) last issued 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. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The company had revenue of $901.47 million during the quarter, compared to analysts’ expectations of $868.35 million. During the same quarter in the previous year, the company earned $0.55 EPS. Wheaton Precious Metals’s revenue was up 91.7% on a year-over-year basis.

Wheaton Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were issued a $0.195 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.78 annualized dividend and a yield of 0.7%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 19.70%.

Hedge Funds Weigh In On Wheaton Precious Metals

Hedge funds and other institutional investors have recently made changes to their positions in the company. Assetmark Inc. grew its holdings in shares of Wheaton Precious Metals by 144.4% in the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after buying an additional 130 shares during the period. Harvest Fund Management Co. Ltd raised its stake in Wheaton Precious Metals by 100.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock worth $27,000 after buying an additional 117 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new stake in Wheaton Precious Metals during the 4th quarter worth $28,000. Cornerstone Planning Group LLC lifted its holdings in Wheaton Precious Metals by 245.5% during the first quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock worth $29,000 after acquiring an additional 162 shares in the last quarter. Finally, Navalign LLC bought a new position in Wheaton Precious Metals during the fourth quarter worth about $30,000. 70.34% of the stock is owned by institutional investors.

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.