TSE:WPM Q4 EPS Estimate Decreased by National Bank Financial

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Research analysts at National Bank Financial reduced their Q4 2024 EPS estimates for Wheaton Precious Metals in a research note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of $0.60 per share for the quarter, down from their prior estimate of $0.65. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share.

A number of other analysts have also recently weighed in on WPM. Stifel Nicolaus boosted their price objective on shares of Wheaton Precious Metals from C$90.00 to C$102.00 in a research note on Monday, October 21st. Stifel Canada raised shares of Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. Finally, UBS Group raised shares of Wheaton Precious Metals to a "strong-buy" rating in a research report on Monday, November 18th. Four investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of C$97.67.

Wheaton Precious Metals Stock Performance

Shares of Wheaton Precious Metals stock traded down C$2.54 on Wednesday, reaching C$95.71. The stock had a trading volume of 632,187 shares, compared to its average volume of 578,394. The business's 50-day moving average price is C$86.45 and its two-hundred day moving average price is C$85.20. Wheaton Precious Metals has a fifty-two week low of C$52.15 and a fifty-two week high of C$98.76. The stock has a market cap of C$30.35 billion, a P/E ratio of 49.80 and a beta of 0.70.

Wheaton Precious Metals Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, December 6th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend was Thursday, November 21st. Wheaton Precious Metals's dividend payout ratio (DPR) is presently 43.71%.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.