Scotiabank Analysts Increase Earnings Estimates for TSE:WPM

Wheaton Precious Metals Corp. (TSE:WPM) – Investment analysts at Scotiabank lifted their FY2026 EPS estimates for Wheaton Precious Metals in a research note issued on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $6.66 per share for the year, up from their previous forecast of $6.14. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2027 earnings at $6.41 EPS.

Several other brokerages have also commented on WPM. Stifel Nicolaus lifted their price objective on Wheaton Precious Metals from C$240.00 to C$250.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. BMO Capital Markets increased their target price on Wheaton Precious Metals from C$240.00 to C$250.00 in a report on Wednesday, April 22nd. Finally, UBS Group raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$205.62.

Wheaton Precious Metals Price Performance

TSE WPM opened at C$145.51 on Monday. The stock has a market capitalization of C$66.08 billion, a price-to-earnings ratio of 36.77 and a beta of 1.40. Wheaton Precious Metals has a 1-year low of C$123.07 and a 1-year high of C$226.68. The business’s fifty day moving average price is C$167.63 and its 200-day moving average price is C$182.22.

Wheaton Precious Metals (TSE:WPM) last issued its earnings results on Thursday, May 7th. The company reported C$1.78 earnings per share (EPS) for the quarter. The company had revenue of C$1.25 billion for the quarter. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 21.32%.

Wheaton Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, June 9th were given a $0.195 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.78 annualized dividend and a yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 17.44%.

Insiders Place Their Bets

In other Wheaton Precious Metals news, insider Vincent Chun Yip Lau purchased 225 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of C$176.85 per share, for a total transaction of C$39,791.25. Following the purchase, the insider directly owned 1,065 shares of the company’s stock, valued at C$188,345.25. The trade was a 26.79% increase in their position. Insiders own 0.13% of the company’s stock.

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.