Zacks Research Brokers Increase Earnings Estimates for WPM

Wheaton Precious Metals Corp. (NYSE:WPM) – Analysts at Zacks Research upped their Q1 2026 earnings estimates for Wheaton Precious Metals in a research report issued on Wednesday, December 24th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.73 per share for the quarter, up from their prior estimate of $0.69. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.79 EPS, FY2026 earnings at $3.00 EPS, Q1 2027 earnings at $0.71 EPS, Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.78 EPS and FY2027 earnings at $3.04 EPS.

Other equities analysts have also recently issued reports about the company. CIBC increased their target price on Wheaton Precious Metals from $135.00 to $160.00 and gave the company an “outperformer” rating in a research note on Friday, October 10th. UBS Group upped their price target on shares of Wheaton Precious Metals from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Monday, December 1st. Berenberg Bank raised their price objective on shares of Wheaton Precious Metals from $102.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Wall Street Zen upgraded shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research note on Monday, September 8th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $130.78.

Wheaton Precious Metals Stock Down 1.3%

Shares of NYSE WPM opened at $121.25 on Thursday. Wheaton Precious Metals has a fifty-two week low of $55.47 and a fifty-two week high of $123.92. The business has a 50 day moving average price of $105.76 and a two-hundred day moving average price of $100.45. The firm has a market cap of $55.05 billion, a PE ratio of 55.11, a price-to-earnings-growth ratio of 1.82 and a beta of 0.54.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Wheaton Precious Metals had a net margin of 54.72% and a return on equity of 13.32%. The company had revenue of $476.26 million during the quarter, compared to analysts’ expectations of $495.53 million. During the same period in the prior year, the company posted $0.34 EPS. The firm’s revenue for the quarter was up 54.5% on a year-over-year basis.

Wheaton Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were issued a dividend of $0.165 per share. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio is 30.00%.

Institutional Trading of Wheaton Precious Metals

Hedge funds have recently made changes to their positions in the stock. West Family Investments Inc. acquired a new stake in shares of Wheaton Precious Metals during the second quarter worth $247,000. Norges Bank purchased a new position in Wheaton Precious Metals in the 2nd quarter worth about $656,463,000. Louisbourg Investments Inc. raised its holdings in Wheaton Precious Metals by 72.9% during the 2nd quarter. Louisbourg Investments Inc. now owns 115,846 shares of the company’s stock worth $10,398,000 after buying an additional 48,852 shares during the period. Voya Investment Management LLC lifted its stake in Wheaton Precious Metals by 7.4% during the third quarter. Voya Investment Management LLC now owns 246,827 shares of the company’s stock valued at $27,608,000 after buying an additional 16,908 shares in the last quarter. Finally, State of Wyoming purchased a new stake in Wheaton Precious Metals during the second quarter valued at about $782,000. Institutional investors own 70.34% of the company’s stock.

About Wheaton Precious Metals

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.