Wheaton Precious Metals (WPM) Share Price, News & Analysis

Company Overview

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Our high-quality portfolio includes a diverse mix of gold, silver, palladium, platinum and cobalt streams from 18 operating mines and 27 development projects around the world – offering our investors growth opportunities through our existing asset base, as well as through accretive acquisitions. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and silver streams on Glencore's Antamina mine and Newmont Goldcorp's Peñasquito mine. Our vision is to be the world’s premier precious metals investment vehicle. Our mandate is to deliver value through streaming to all of our stakeholders: to our Shareholders, by delivering low risk, high quality, diversified exposure and growth optionality to precious metals; to our Partners, by crystallising value for precious metals yet to be produced; and to our Neighbours, by promoting responsible mining practices and supporting the communities in which we live and operate. Our unique business model creates significant shareholder value by providing: leverage to increases in the price of precious metals; additional growth through the acquisition of new streams; a dividend yield, which has the potential to grow over time; and, participation in the exploration and expansion success of the mines underlying our current agreements. Wheaton offers these benefits while at the same time reduces many of the downside risks faced by traditional mining companies. In particular, Wheaton offers its investors both capital and operating cost predictability. Other than its initial upfront payment, Wheaton typically has no ongoing capital or exploration costs. The Company has an experienced management team with a strong track record of success and is well positioned for further growth.

Key Stats

• Today's Range: 5,006.30 to 5,240
• 50-Day Range: 4,448.69 to 5,100
• 52-Week Range: 3,040 to 5,625
• Volume: 1,885 shs
• Average Volume: 2,477 shs
• Market Capitalization: £23.14 billion
• P/E Ratio: 5,313.22
• Dividend Yield: 0.92%
• Price Target: GBX 5,200
• Consensus Rating: Buy

Wheaton Precious Metals Stock Analysis - MarketRank™

Wheaton Precious Metals scored higher than 17% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Wheaton Precious Metals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Wheaton Precious Metals has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Wheaton Precious Metals is 5,313.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.31.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wheaton Precious Metals is 5,313.22, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 109.83.

Price to Book Value per Share Ratio

Wheaton Precious Metals has a P/B Ratio of 3.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for WPM.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Wheaton Precious Metals pays a meaningful dividend of 1.02%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Wheaton Precious Metals does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Wheaton Precious Metals is 4,895.83%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for WPM.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: N/A

News Sentiment

Wheaton Precious Metals has a news sentiment score of 1.14. 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 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Wheaton Precious Metals this week, compared to 0 articles on an average week.

Search Interest

12 people have searched for WPM on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.13% of the stock of Wheaton Precious Metals is held by insiders.

Percentage Held by Institutions

69.83% 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.

WPM Stock Analysis - Frequently Asked Questions

How have WPM shares performed this year?

Wheaton Precious Metals' stock was trading at GBX 4,460 at the start of the year. Since then, WPM shares have increased by 14.4% and is now trading at GBX 5,100.69.
View the best growth stocks for 2025 here.

How do I buy shares of Wheaton Precious Metals?

Shares of WPM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

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 Barrick Gold (GOLD), SoFi Technologies (SOFI), Andersons (ANDE), British American Tobacco (BTI), Copa (CPA), FREYR Battery (FREY) and Coca-Cola (KO).

Company Calendar

• Ex-Dividend for 12/6 Dividend: 11/21/2024
• Dividend Payable: 12/06/2024
• Today: 2/01/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Precious Metals
• Current Symbol: LON:WPM
• CUSIP: N/A
• CIK: N/A
• Web: www.wheatonpm.com
• Phone: 604-684-9648
• Fax: N/A
• Employees: 42
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 5,200
• High Stock Price Target: GBX 5,200
• Low Stock Price Target: GBX 5,200
• Potential Upside/Downside: +1.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.96
• Trailing P/E Ratio: 5,313.22
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £571.16 million
• Net Margins: 50.44%
• Pretax Margin: N/A
• Return on Equity: 8.16%
• Return on Assets: 5.35%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 26.86
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £1.13 billion
• Price / Sales: 20.48
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 1,578 per share
• Price / Book: 3.23

Miscellaneous

• Outstanding Shares: 453,640,000
• Free Float: N/A
• Market Cap: £23.14 billion
• Optionable: Not Optionable
• Beta: 0.70