Stifel Canada Analysts Increase Earnings Estimates for WPM

Wheaton Precious Metals Corp. (NYSE:WPM) – Research analysts at Stifel Canada upped their FY2026 earnings estimates for Wheaton Precious Metals in a report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico now expects that the company will post earnings of $1.99 per share for the year, up from their previous forecast of $1.96. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.34 EPS for the quarter, hitting the consensus estimate of $0.34. The company had revenue of $308.25 million during the quarter, compared to analyst estimates of $324.57 million. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. During the same period in the previous year, the firm earned $0.27 earnings per share.

Several other research firms also recently weighed in on WPM. UBS Group started coverage on Wheaton Precious Metals in a research report on Monday, November 18th. They set a “buy” rating and a $78.00 target price for the company. Raymond James lifted their target price on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Finally, TD Securities lifted their target price on 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 analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $71.67.

Wheaton Precious Metals Trading Down 1.0 %

NYSE:WPM opened at $66.22 on Thursday. Wheaton Precious Metals has a twelve month low of $38.57 and a twelve month high of $68.64. The company has a market cap of $30.04 billion, a price-to-earnings ratio of 49.42, a price-to-earnings-growth ratio of 1.61 and a beta of 0.77. The stock has a fifty day simple moving average of $59.58 and a 200-day simple moving average of $60.75.

Institutional Trading of Wheaton Precious Metals

Several institutional investors and hedge funds have recently made changes to their positions in the company. Squarepoint Ops LLC purchased a new position in Wheaton Precious Metals in the second quarter valued at about $658,000. Cetera Investment Advisers grew its stake in Wheaton Precious Metals by 1.1% in the second quarter. Cetera Investment Advisers now owns 37,659 shares of the company’s stock valued at $1,974,000 after purchasing an additional 409 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Wheaton Precious Metals in the second quarter valued at about $713,000. SG Americas Securities LLC grew its stake in Wheaton Precious Metals by 363.8% in the third quarter. SG Americas Securities LLC now owns 16,652 shares of the company’s stock valued at $1,017,000 after purchasing an additional 13,062 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its stake in Wheaton Precious Metals by 8.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 11,373 shares of the company’s stock valued at $695,000 after purchasing an additional 893 shares during the last quarter. 70.34% of the stock is currently owned by institutional investors.

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.