NYSE:WPM Wheaton Precious Metals (WPM) Stock Price, News & Analysis $57.98 -1.90 (-3.17%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$57.64▼$59.7650-Day Range$52.04▼$62.4352-Week Range$38.37▼$63.06Volume1.42 million shsAverage Volume1.46 million shsMarket Capitalization$26.30 billionP/E Ratio44.60Dividend Yield1.07%Price Target$63.56 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Wheaton Precious Metals alerts: Email Address Wheaton Precious Metals MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside9.6% Upside$63.56 Price TargetShort InterestHealthy2.09% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment1.43Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth19.29%From $1.40 to $1.67 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.33 out of 5 starsBasic Materials Sector43rd out of 180 stocksGold & Silver Ores Industry6th out of 39 stocks 2.4 Analyst's Opinion Consensus RatingWheaton Precious Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageWheaton Precious Metals has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Wheaton Precious Metals' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.09% of the float of Wheaton Precious Metals has been sold short.Short Interest Ratio / Days to CoverWheaton Precious Metals has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in Wheaton Precious Metals has recently decreased by 18.99%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldWheaton Precious Metals pays a meaningful dividend of 1.04%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWheaton Precious Metals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Wheaton Precious Metals is 47.69%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 37.13% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.Read more about Wheaton Precious Metals' dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWheaton Precious Metals has received a -134.06% net impact score from Upright. The largest negative impact of Wheaton Precious Metals in category "GHG emissions" seems to be driven mostly by its "Mutual funds investing in gold", "Mutual funds investing in silver", and "Mutual funds investing in cobalt" products. See details.Environmental SustainabilityThe Environmental Impact score for Wheaton Precious Metals is -3.48. Previous Next 3.0 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Wheaton Precious Metals this week, compared to 6 articles on an average week.Search InterestOnly 7 people have searched for WPM on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.Percentage Held by Institutions70.34% of the stock of Wheaton Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Wheaton Precious Metals' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Wheaton Precious Metals are expected to grow by 19.29% in the coming year, from $1.40 to $1.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 44.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 44.60, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.49.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 2.20. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWheaton Precious Metals has a P/B Ratio of 3.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Wheaton Precious Metals' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About Wheaton Precious Metals Stock (NYSE:WPM)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. was founded in 2004 and is headquartered in Vancouver, Canada.Read More WPM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WPM Stock News HeadlinesSeptember 7 at 2:33 AM | americanbankingnews.comZacks Research Weighs in on Wheaton Precious Metals Corp.'s FY2024 Earnings (NYSE:WPM)September 7 at 1:15 AM | americanbankingnews.comBrokers Issue Forecasts for Wheaton Precious Metals Corp.'s Q3 2024 Earnings (NYSE:WPM)September 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… August 30, 2024 | seekingalpha.comA Superior Business Model: Why I Just Put Wheaton Precious Metals On My WatchlistAugust 28, 2024 | americanbankingnews.comBrokerages Set Wheaton Precious Metals Corp. (NYSE:WPM) Target Price at $63.56August 26, 2024 | finance.yahoo.comA Look At The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)August 22, 2024 | prnewswire.comWheaton Precious Metals Announces Investor Day Webcast on September 24, 2024August 18, 2024 | finance.yahoo.comWPM Aug 2024 54.000 call (WPM240823C00054000)September 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… August 18, 2024 | finance.yahoo.comWPM Aug 2024 50.000 put (WPM240823P00050000)August 17, 2024 | uk.finance.yahoo.comWPM Aug 2024 46.000 callAugust 12, 2024 | investorplace.com7 Stable Dividend Stocks to Scoop Up on DiscountAugust 11, 2024 | uk.finance.yahoo.comWheaton Precious Metals Second Quarter 2024 Earnings: Misses ExpectationsAugust 11, 2024 | finance.yahoo.comWPM Aug 2024 63.000 put (WPM240816P00063000)August 8, 2024 | seekingalpha.comWheaton Precious Metals Corp. 2024 Q2 - Results - Earnings Call PresentationAugust 8, 2024 | msn.comWPM Stock Earnings: Wheaton Precious Metals Beats EPS, Beats Revenue for Q2 2024August 7, 2024 | prnewswire.comDIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly DividendAugust 6, 2024 | markets.businessinsider.comAnalysts Conflicted on These Materials Names: Chemours Company (CC) and Wheaton Precious Metals (WPM)See More Headlines Receive WPM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wheaton Precious Metals and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/11 Dividend5/29/2024Dividend Payable6/11/2024Last Earnings8/07/2024Ex-Dividend for 9/4 Dividend8/21/2024Dividend Payable9/04/2024Today9/07/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Gold & silver ores Sub-IndustryN/A Current SymbolNYSE:WPM CUSIPN/A CIK1323404 Webwww.wheatonpm.com Phone(604) 684-9648Fax604-684-3123Employees42Year FoundedN/APrice Target and Rating Average Stock Price Target$63.56 High Stock Price Target$80.00 Low Stock Price Target$37.00 Potential Upside/Downside+9.6%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.30 Trailing P/E Ratio44.60 Forward P/E Ratio41.41 P/E Growth2.2Net Income$537.64 million Net Margins50.44% Pretax Margin55.06% Return on Equity8.54% Return on Assets8.46% Debt Debt-to-Equity RatioN/A Current Ratio26.86 Quick Ratio26.86 Sales & Book Value Annual Sales$1.02 billion Price / Sales25.89 Cash Flow$1.61 per share Price / Cash Flow36.10 Book Value$15.78 per share Price / Book3.67Miscellaneous Outstanding Shares453,640,000Free FloatN/AMarket Cap$26.30 billion OptionableOptionable Beta0.78 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Randy V. J. Smallwood P.Eng. (Age 59)President, CEO & Director Comp: $2.59MMr. Gary D. Brown CA (Age 57)CFA, Senior VP & CFO Comp: $1.1MMr. Curt Domenico Bernardi LLB (Age 56)Senior VP of Legal & Strategic Development and Corporate Secretary Comp: $1.14MMr. Haytham Henry HodalySenior Vice President of Corporate DevelopmentMr. Patrick Eugene DrouinPresident of Wheaton International & Chief Sustainability OfficerMr. Neil Burns M.Sc.P.Geo., Vice President of Technical ServicesEmma MurrayVice President of Investor RelationsSimona AntolakVice President of Communications & Corporate AffairsMr. Nikola TatarkinPresident of Wheaton Precious Metals International LtdMr. Jamie BeirnesVP & ControllerMore ExecutivesKey CompetitorsNewmontNYSE:NEMAgnico Eagle MinesNYSE:AEMBarrick GoldNYSE:GOLDFranco-NevadaNYSE:FNVGold FieldsNYSE:GFIView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 13,202 shares on 9/5/2024Ownership: 0.003%Clearbridge Investments LLCBought 638,425 shares on 8/27/2024Ownership: 0.296%Cetera Investment AdvisersBought 409 shares on 8/22/2024Ownership: 0.008%Truist Financial CorpSold 3,822 shares on 8/21/2024Ownership: 0.001%Sunbelt Securities Inc.Bought 900 shares on 8/16/2024Ownership: 0.000%View All Institutional Transactions Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.: Wheaton Precious Metals has consistently received positive ratings from analysts, with a consensus target price of $65.00, indicating potential for growth. The company reported strong quarterly earnings results, beating the consensus estimate and showing revenue growth of 38.7% year-over-year. Wheaton Precious Metals pays a quarterly dividend, with a yield of 1.05%, providing investors with a steady income stream. The stock has shown a stable price performance, with a market capitalization of $26.71 billion, indicating a strong position in the market. With a net margin of 53.74% and a return on equity of 8.53%, Wheaton Precious Metals demonstrates solid financial health and profitability. Cons Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons: Despite positive ratings, the stock has a relatively high price-to-earnings ratio of 45.30, which may indicate an overvaluation compared to industry peers. The company's P/E/G ratio of 2.18 suggests that the stock may be overpriced relative to its earnings growth potential. Wheaton Precious Metals' beta of 0.76 indicates lower volatility compared to the market, potentially limiting short-term trading opportunities. Investors should consider the 52-week high of $63.06 as a potential resistance level that could impact short-term price movements. While the company has shown profitability, investors should be cautious of any potential market fluctuations affecting precious metal prices. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 15, 2024. Please send any questions or comments about these Wheaton Precious Metals pros and cons to contact@marketbeat.com. WPM Stock Analysis - Frequently Asked Questions How have WPM shares performed this year? Wheaton Precious Metals' stock was trading at $49.34 at the beginning of the year. Since then, WPM shares have increased by 17.5% and is now trading at $57.98. View the best growth stocks for 2024 here. How were Wheaton Precious Metals' earnings last quarter? Wheaton Precious Metals Corp. (NYSE:WPM) announced its quarterly earnings data on Wednesday, August, 7th. The company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.04. The company's revenue was up 12.9% on a year-over-year basis. Who are Wheaton Precious Metals' major shareholders? Top institutional investors of Wheaton Precious Metals include First Eagle Investment Management LLC (4.65%), Van ECK Associates Corp (4.41%), Massachusetts Financial Services Co. MA (1.66%) and TD Asset Management Inc (1.31%). Insiders that own company stock include Randy Smallwood, Eduardo Luna, Douglas Martin Holtby, Gary Duncan Brown, Curzio Domenico Bernardi, John Brough, Patrick Eugene Drouin, Haytham Henry Hodaly and Chantal Gosselin. View institutional ownership trends. How do I buy shares of Wheaton Precious Metals? Shares of WPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Wheaton Precious Metals own? Based on aggregate information from My MarketBeat watchlists, some other companies that Wheaton Precious Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Rogers Communications (RCI). This page (NYSE:WPM) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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