Edison Inv. Res Analysts Lift Earnings Estimates for TSE:WPM

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Stock analysts at Edison Inv. Res upped their FY2026 earnings estimates for shares of Wheaton Precious Metals in a research report issued to clients and investors on Monday, November 11th. Edison Inv. Res analyst C. Gibson now anticipates that the company will earn $2.09 per share for the year, up from their previous estimate of $2.01. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share.

Other research analysts have also issued reports about the company. Eight Capital upped their target price on Wheaton Precious Metals from C$95.00 to C$100.00 and gave the company a "buy" rating in a research note on Thursday, September 26th. Canaccord Genuity Group increased their price objective on shares of Wheaton Precious Metals from C$90.00 to C$100.00 in a research note on Tuesday, July 23rd. Stifel Canada lowered shares of Wheaton Precious Metals from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 21st. National Bankshares raised shares of Wheaton Precious Metals from a "sector perform" rating to an "outperform" rating and upped their target price for the company from C$90.00 to C$105.00 in a research note on Thursday, October 10th. Finally, Peel Hunt raised their price target on shares of Wheaton Precious Metals from C$82.00 to C$95.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of C$97.67.

Wheaton Precious Metals Stock Performance

Shares of TSE:WPM traded up C$0.74 on Thursday, hitting C$83.42. 559,767 shares of the company were exchanged, compared to its average volume of 774,037. The company's 50 day moving average price is C$85.84 and its two-hundred day moving average price is C$80.29. The firm has a market capitalization of C$37.84 billion, a price-to-earnings ratio of 48.22 and a beta of 0.70. Wheaton Precious Metals has a one year low of C$52.15 and a one year high of C$94.84.

Wheaton Precious Metals Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, November 21st. Wheaton Precious Metals's dividend payout ratio (DPR) 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.