Wheaton Precious Metals Corp. Expected to Earn FY2025 Earnings of $2.28 Per Share (TSE:WPM)

Wheaton Precious Metals Corp. (TSE:WPM) – Investment analysts at National Bank Financial raised their FY2025 earnings estimates for Wheaton Precious Metals in a research note issued on Wednesday, October 9th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $2.28 per share for the year, up from their previous estimate of $2.03. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.41 per share. National Bank Financial also issued estimates for Wheaton Precious Metals’ FY2026 earnings at $2.31 EPS.

Several other research firms have also recently weighed in on WPM. National Bankshares raised Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$90.00 to C$105.00 in a report on Thursday, October 10th. Peel Hunt lifted their target price on shares of Wheaton Precious Metals from C$82.00 to C$95.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Canaccord Genuity Group boosted their price target on shares of Wheaton Precious Metals from C$90.00 to C$100.00 in a research note on Tuesday, July 23rd. Finally, Eight Capital raised their price objective on shares of Wheaton Precious Metals from C$95.00 to C$100.00 and gave the company a “buy” rating in a research report on Thursday, September 26th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$94.00.

Wheaton Precious Metals Stock Performance

TSE:WPM opened at C$85.18 on Monday. Wheaton Precious Metals has a 52-week low of C$52.15 and a 52-week high of C$87.37. The stock has a fifty day moving average of C$82.04 and a 200 day moving average of C$77.46. The firm has a market capitalization of C$38.64 billion, a price-to-earnings ratio of 49.81 and a beta of 0.70.

Wheaton Precious Metals (TSE:WPM) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$0.45 EPS for the quarter, beating analysts’ consensus estimates of C$0.39 by C$0.06. The firm had revenue of C$409.19 million during the quarter, compared to analyst estimates of C$400.03 million. Wheaton Precious Metals had a net margin of 50.44% and a return on equity of 8.16%.

Wheaton Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were given a dividend of $0.214 per share. This represents a $0.86 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend was Wednesday, August 21st. Wheaton Precious Metals’s payout ratio is currently 49.12%.

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.