Edison Inv. Res Has Optimistic Outlook of WPM Q1 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Stock analysts at Edison Inv. Res lifted their Q1 2025 earnings per share (EPS) estimates for shares of Wheaton Precious Metals in a research note issued to investors on Monday, April 21st. Edison Inv. Res analyst C. Gibson now expects that the company will post earnings per share of $0.50 for the quarter, up from their prior estimate of $0.40. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share. Edison Inv. Res also issued estimates for Wheaton Precious Metals' Q2 2025 earnings at $0.47 EPS, Q3 2026 earnings at $0.63 EPS and FY2026 earnings at $1.53 EPS.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.01). The firm had revenue of $380.52 million during the quarter, compared to the consensus estimate of $395.74 million. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. Wheaton Precious Metals's revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.36 EPS.

WPM has been the topic of a number of other reports. Scotiabank raised their price objective on shares of Wheaton Precious Metals from $79.00 to $87.00 and gave the company a "sector outperform" rating in a research note on Monday, April 14th. National Bankshares restated an "outperform" rating on shares of Wheaton Precious Metals in a research report on Wednesday. BMO Capital Markets assumed coverage on Wheaton Precious Metals in a report on Wednesday, April 16th. They issued an "outperform" rating and a $129.00 price objective for the company. Raymond James raised their target price on Wheaton Precious Metals from $88.00 to $90.00 and gave the stock an "outperform" rating in a report on Tuesday, April 15th. Finally, Stifel Canada upgraded Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $83.40.

Wheaton Precious Metals Price Performance

Shares of NYSE WPM traded down $0.55 during mid-day trading on Wednesday, hitting $81.62. The company's stock had a trading volume of 1,463,968 shares, compared to its average volume of 1,647,615. Wheaton Precious Metals has a one year low of $51.80 and a one year high of $87.42. The company's fifty day simple moving average is $75.08 and its 200-day simple moving average is $66.36. The stock has a market cap of $37.03 billion, a price-to-earnings ratio of 60.91, a price-to-earnings-growth ratio of 1.91 and a beta of 0.74.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. NBT Bank N A NY increased its holdings in Wheaton Precious Metals by 129.3% during the 1st quarter. NBT Bank N A NY now owns 415 shares of the company's stock worth $32,000 after purchasing an additional 234 shares in the last quarter. Versant Capital Management Inc bought a new position in shares of Wheaton Precious Metals during the fourth quarter worth about $29,000. Promus Capital LLC acquired a new stake in Wheaton Precious Metals in the 4th quarter valued at approximately $32,000. Princeton Global Asset Management LLC bought a new stake in Wheaton Precious Metals in the 1st quarter valued at approximately $52,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in Wheaton Precious Metals during the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 70.34% of the company's stock.

Wheaton Precious Metals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Tuesday, April 1st were paid a $0.165 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $0.66 dividend on an annualized basis and a yield of 0.81%. This is a positive change from Wheaton Precious Metals's previous quarterly dividend of $0.16. Wheaton Precious Metals's payout ratio is presently 56.90%.

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.