What is Scotiabank’s Forecast for WPM FY2026 Earnings?

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Scotiabank increased their FY2026 earnings per share estimates for shares of Wheaton Precious Metals in a report released on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $4.74 per share for the year, up from their previous forecast of $4.48. Scotiabank has a “Sector Outperform” rating and a $175.00 price objective on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.82 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2027 earnings at $4.56 EPS.

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

Other research analysts have also issued research reports about the company. Jefferies Financial Group lowered their price objective on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Weiss Ratings cut shares of Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. UBS Group reduced their price objective on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Royal Bank Of Canada decreased their price objective on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Finally, Wall Street Zen lowered shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Twelve analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.09.

Wheaton Precious Metals Stock Down 0.6%

Shares of WPM opened at $103.56 on Monday. The firm has a market cap of $47.03 billion, a price-to-earnings ratio of 26.15, a price-to-earnings-growth ratio of 1.85 and a beta of 0.55. Wheaton Precious Metals has a 12 month low of $89.70 and a 12 month high of $165.76. The company’s fifty day moving average is $119.74 and its 200-day moving average is $131.94.

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were given a dividend of $0.195 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a yield of 0.8%. Wheaton Precious Metals’s payout ratio is 19.70%.

Hedge Funds Weigh In On Wheaton Precious Metals

Several large investors have recently bought and sold shares of the stock. LBP AM SA lifted its stake in Wheaton Precious Metals by 632.2% in the fourth quarter. LBP AM SA now owns 119,855 shares of the company’s stock valued at $14,085,000 after acquiring an additional 103,485 shares during the last quarter. Moody Lynn & Lieberson LLC acquired a new position in Wheaton Precious Metals in the 4th quarter valued at $2,052,000. Exchange Traded Concepts LLC grew its stake in shares of Wheaton Precious Metals by 16.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 216,652 shares of the company’s stock valued at $25,461,000 after acquiring an additional 30,725 shares in the last quarter. J. Safra Sarasin Holding AG increased its holdings in shares of Wheaton Precious Metals by 40.5% during the fourth quarter. J. Safra Sarasin Holding AG now owns 96,214 shares of the company’s stock worth $11,308,000 after purchasing an additional 27,729 shares during the period. Finally, SeaBridge Investment Advisors LLC increased its stake in Wheaton Precious Metals by 12.0% during the 4th quarter. SeaBridge Investment Advisors LLC now owns 75,180 shares of the company’s stock worth $8,835,000 after acquiring an additional 8,068 shares during the period. 70.34% of the stock is currently owned by institutional investors and hedge funds.

Wheaton Precious Metals Company Profile

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.