Stifel Canada Has Positive Outlook of WPM FY2026 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) - Equities research analysts at Stifel Canada increased their FY2026 earnings estimates for Wheaton Precious Metals in a research report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico now anticipates that the company will post earnings of $1.99 per share for the year, up from their prior forecast of $1.96. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $1.46 per share.

Other equities analysts have also recently issued research reports about the company. UBS Group initiated coverage on Wheaton Precious Metals in a research note on Monday, November 18th. They set a "buy" rating and a $78.00 target price on the stock. Raymond James upped their price objective on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Finally, TD Securities increased their target price on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $71.67.

Wheaton Precious Metals Stock Performance

NYSE:WPM traded up $1.51 during trading hours on Thursday, hitting $67.70. 1,467,043 shares of the company's stock traded hands, compared to its average volume of 1,441,710. The stock's fifty day moving average price is $59.66 and its two-hundred day moving average price is $60.81. The firm has a market cap of $30.71 billion, a P/E ratio of 50.52, a P/E/G ratio of 1.70 and a beta of 0.77. Wheaton Precious Metals has a twelve month low of $38.57 and a twelve month high of $68.64.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last announced its earnings results on Friday, November 8th. The company reported $0.34 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.34. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. The company had revenue of $308.25 million for the quarter, compared to the consensus estimate of $324.57 million. During the same period in the previous year, the business earned $0.27 EPS.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of large investors have recently bought and sold shares of WPM. United Capital Management of KS Inc. acquired a new stake in shares of Wheaton Precious Metals in the fourth quarter worth about $347,000. Bennbridge Ltd bought a new stake in Wheaton Precious Metals during the fourth quarter worth approximately $2,981,000. Farther Finance Advisors LLC boosted its position in Wheaton Precious Metals by 62.4% during the fourth quarter. Farther Finance Advisors LLC now owns 2,964 shares of the company's stock worth $167,000 after purchasing an additional 1,139 shares during the period. AGF Management Ltd. grew its holdings in Wheaton Precious Metals by 7.0% during the fourth quarter. AGF Management Ltd. now owns 119,306 shares of the company's stock valued at $6,715,000 after purchasing an additional 7,840 shares during the last quarter. Finally, King Luther Capital Management Corp raised its position in shares of Wheaton Precious Metals by 1.6% in the fourth quarter. King Luther Capital Management Corp now owns 1,525,617 shares of the company's stock valued at $85,801,000 after purchasing an additional 24,580 shares during the period. 70.34% of the stock is currently owned by institutional investors.

About Wheaton Precious Metals

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.