Raymond James Analysts Lift Earnings Estimates for TSE:WPM

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Equities research analysts at Raymond James lifted their Q1 2025 earnings estimates for Wheaton Precious Metals in a research note issued on Monday, April 14th. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.75 per share for the quarter, up from their previous forecast of $0.68. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share. Raymond James also issued estimates for Wheaton Precious Metals' Q2 2025 earnings at $0.84 EPS, Q3 2025 earnings at $0.91 EPS, Q4 2025 earnings at $0.91 EPS and FY2025 earnings at $3.41 EPS.

Several other research firms also recently issued reports on WPM. CIBC upped their price objective on Wheaton Precious Metals from C$85.00 to C$88.00 and gave the company an "outperform" rating in a research note on Friday, March 14th. National Bankshares boosted their target price on shares of Wheaton Precious Metals from C$115.00 to C$120.00 and gave the company an "outperform" rating in a research report on Monday, March 17th. TD Securities boosted their price objective on Wheaton Precious Metals from C$78.00 to C$83.00 and gave the company a "buy" rating in a report on Friday, March 14th. BMO Capital Markets raised shares of Wheaton Precious Metals to a "strong-buy" rating in a research report on Tuesday. Finally, Peel Hunt lifted their price objective on shares of Wheaton Precious Metals from C$95.00 to C$110.00 and gave the stock a "buy" rating in a report on Tuesday, March 11th. Six research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of C$100.43.

Wheaton Precious Metals Stock Performance

Shares of Wheaton Precious Metals stock traded down C$1.25 during trading on Wednesday, reaching C$116.36. 396,084 shares of the company's stock were exchanged, compared to its average volume of 750,526. The firm's 50-day moving average price is C$104.39 and its 200 day moving average price is C$92.58. The company has a market cap of C$36.90 billion, a P/E ratio of 60.55 and a beta of 0.70. Wheaton Precious Metals has a 1-year low of C$69.78 and a 1-year high of C$119.94.

Wheaton Precious Metals Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, April 11th were given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend was Tuesday, April 1st. Wheaton Precious Metals's dividend payout ratio is currently 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.