TSE:WPM FY2025 EPS Estimate Decreased by Zacks Research

Wheaton Precious Metals Corp. (TSE:WPM) – Stock analysts at Zacks Research dropped their FY2025 earnings per share estimates for Wheaton Precious Metals in a research note issued on Thursday, January 29th. Zacks Research analyst Team now expects that the company will post earnings of $3.55 per share for the year, down from their prior estimate of $3.60. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

A number of other brokerages have also issued reports on WPM. Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 price target for the company in a research note on Wednesday, December 10th. Peel Hunt upped their target price on shares of Wheaton Precious Metals from C$165.00 to C$240.00 in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$145.14.

Wheaton Precious Metals Stock Up 3.3%

Shares of WPM opened at C$186.63 on Monday. The firm has a market cap of C$84.73 billion, a price-to-earnings ratio of 84.72 and a beta of 0.96. The business’s 50 day moving average is C$171.00 and its two-hundred day moving average is C$151.09. Wheaton Precious Metals has a 52-week low of C$90.97 and a 52-week high of C$214.41.

Wheaton Precious Metals (TSE:WPM) last issued its quarterly earnings results on Friday, November 7th. The company reported C$0.62 EPS for the quarter. Wheaton Precious Metals had a return on equity of 8.56% and a net margin of 50.05%.The firm had revenue of C$663.15 million during the quarter.

Wheaton Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Thursday, December 4th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, November 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is 29.51%.

About Wheaton Precious Metals

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Wheaton currently has streaming agreements for 21 operating mines and 13 development stage projects. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and a silver stream on Newmont’s Penasquito mine.