Wheaton Precious Metals (NYSE:WPM) Releases Earnings Results, Misses Estimates By $0.01 EPS

Wheaton Precious Metals (NYSE:WPM) released its earnings results on Thursday. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01), Zacks reports. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. The business had revenue of $771.73 million for the quarter, compared to analyst estimates of $787.10 million.

Wheaton Precious Metals Stock Performance

WPM stock traded up $3.74 during trading on Friday, hitting $136.20. 2,089,341 shares of the company’s stock traded hands, compared to its average volume of 1,683,745. Wheaton Precious Metals has a 52 week low of $96.14 and a 52 week high of $165.76. The stock has a market capitalization of $61.86 billion, a price-to-earnings ratio of 29.61, a price-to-earnings-growth ratio of 2.33 and a beta of 0.56. The stock has a fifty day moving average price of $138.57 and a two-hundred day moving average price of $133.73. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.20.

Wheaton Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 19th will be given a $0.1950 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. Wheaton Precious Metals’s payout ratio is presently 17.29%.

Trending Headlines about Wheaton Precious Metals

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Q3 revenue rose 62% year over year to about US$772 million, while adjusted net earnings increased 46%. Wheaton also reported record year-to-date production, sales volume, revenue, earnings and cash flow, and said it remains on track to meet annual production guidance. Q3 2026 results
• Positive Sentiment: The company declared a quarterly dividend of US$0.195 per share, an 18% increase from the same 2025 payment. The dividend supports investor returns, though its 0.6% indicated yield is modest. Dividend declaration
• Positive Sentiment: Peel Hunt retained its Buy rating and C$187 price target, citing a better-than-expected quarter. Wheaton also reported growth-project milestones, including first gold pour at Montage Gold’s Koné project and construction approval for Hudbay’s Copper World. Peel Hunt commentary
• Neutral Sentiment: UBS lowered its price target to $155 from $160 but maintained its Buy rating, indicating a modestly more cautious valuation view without a change in its overall recommendation. UBS price target update
• Negative Sentiment: Despite strong growth from a year earlier, Q3 EPS of $0.90 and revenue of $771.7 million fell short of consensus estimates of $0.91 and $787.1 million, respectively. Scotiabank also cut its 2026 EPS forecast to $4.65 from $4.83, although it kept a Sector Outperform rating and $175 target. Q3 estimate miss

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. UBS Group increased their price objective on shares of Wheaton Precious Metals from $153.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 8th. Raymond James Financial reiterated an “outperform” rating and issued a $180.00 target price on shares of Wheaton Precious Metals in a research report on Friday. Weiss Ratings cut Wheaton Precious Metals from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. Royal Bank Of Canada increased their price objective on shares of Wheaton Precious Metals from $160.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, September 16th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a $157.00 price target (down from $160.00) on shares of Wheaton Precious Metals in a research report on Thursday, September 17th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of “Moderate Buy” and an average price target of $167.90.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals is a precious metals streaming company that provides mining companies with upfront financing in exchange for the right to purchase a portion of the metals produced by their mines. Its streams cover gold and silver, as well as smaller amounts of palladium and cobalt.

Rather than operating mines itself, Wheaton works with mining companies around the world. Under its agreements, it typically makes an initial payment and additional payments for metals delivered, giving it exposure to mine production without directly managing mining operations.

The company was founded as Silver Wheaton in 2004 and adopted the Wheaton Precious Metals name in 2017.