Stifel Canada Brokers Raise Earnings Estimates for TSE:WPM

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Research analysts at Stifel Canada lifted their FY2026 earnings estimates for Wheaton Precious Metals in a report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico now expects that the company will post earnings per share of $2.89 for the year, up from their prior forecast of $2.70. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share.

Wheaton Precious Metals (TSE:WPM - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.47 earnings per share for the quarter, hitting the consensus estimate of C$0.47. Wheaton Precious Metals had a net margin of 50.44% and a return on equity of 8.16%. During the same quarter last year, the business earned $0.36 earnings per share.

Several other research firms have also recently weighed in on WPM. UBS Group upgraded shares of Wheaton Precious Metals to a "strong-buy" rating in a research report on Monday, November 18th. Stifel Nicolaus raised their price target on shares of Wheaton Precious Metals from C$90.00 to C$102.00 in a report on Monday, October 21st. Four equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of "Buy" and an average price target of C$97.67.

Wheaton Precious Metals Stock Performance

Wheaton Precious Metals stock traded up C$2.32 on Thursday, reaching C$96.87. The company's stock had a trading volume of 596,520 shares, compared to its average volume of 573,773. Wheaton Precious Metals has a twelve month low of C$52.15 and a twelve month high of C$97.40. The company has a market cap of C$43.94 billion, a price-to-earnings ratio of 55.99 and a beta of 0.70. The business's fifty day moving average price is C$85.57 and its 200 day moving average price is C$84.72.

Wheaton Precious Metals Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, December 6th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend was Thursday, November 21st. Wheaton Precious Metals's dividend payout ratio is presently 48.55%.

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.