What is Stifel Canada's Forecast for TSE:WPM Q4 Earnings?

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Research analysts at Stifel Canada issued their Q4 2024 earnings per share estimates for shares of Wheaton Precious Metals in a report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico forecasts that the company will earn $0.64 per share for the quarter. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share.

Wheaton Precious Metals (TSE:WPM - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported C$0.47 EPS for the quarter, meeting the consensus estimate of C$0.47. Wheaton Precious Metals had a net margin of 50.44% and a return on equity of 8.16%. During the same period in the prior year, the firm earned $0.36 earnings per share.

WPM has been the subject of a number of other reports. National Bankshares raised Wheaton Precious Metals from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from C$90.00 to C$105.00 in a research note on Thursday, October 10th. Stifel Nicolaus boosted their price objective on Wheaton Precious Metals from C$90.00 to C$102.00 in a research report on Monday, October 21st. Finally, UBS Group upgraded shares of Wheaton Precious Metals to a "strong-buy" rating in a report on Monday, November 18th. Four investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Wheaton Precious Metals currently has a consensus rating of "Buy" and a consensus price target of C$97.67.

Wheaton Precious Metals Stock Up 1.3 %

Shares of WPM stock opened at C$95.69 on Friday. Wheaton Precious Metals has a 12-month low of C$52.15 and a 12-month high of C$95.76. The firm has a fifty day moving average of C$85.23 and a 200-day moving average of C$84.55. The firm has a market capitalization of C$43.41 billion, a price-to-earnings ratio of 55.31 and a beta of 0.70.

Wheaton Precious Metals Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, December 6th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date was Thursday, November 21st. Wheaton Precious Metals's dividend payout ratio 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.

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