Silver Wheaton Corp (WPM) Receiving Somewhat Favorable News Coverage, Accern Reports
News headlines about Silver Wheaton Corp (NYSE:WPM) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silver Wheaton Corp earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.2532174113487 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- EQS-News: Edison issues outlook on Wheaton Precious Metals (WPM) (finanznachrichten.de)
- Analysts Anticipate Silver Wheaton Corp (WPM) to Announce $0.17 Earnings Per Share (americanbankingnews.com)
- Wheaton Precious Metals Corp. breached its 50 day moving average in a Bullish Manner : WPM-US : August 29, 2017 (finance.yahoo.com)
- $0.17 Earnings Per Share Expected for Silver Wheaton Corp (WPM) This Quarter (americanbankingnews.com)
- Zacks: Silver Wheaton Corp (WPM) Given Consensus Rating of “” by Analysts (americanbankingnews.com)
Several research firms have weighed in on WPM. Royal Bank Of Canada set a $27.00 target price on Silver Wheaton Corp and gave the company a “buy” rating in a research report on Monday, August 28th. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Silver Wheaton Corp in a research report on Sunday, June 18th. Zacks Investment Research downgraded Silver Wheaton Corp from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $29.00 target price (down from $31.00) on shares of Silver Wheaton Corp in a research report on Sunday, June 25th.
Silver Wheaton Corp (WPM) opened at 20.96 on Friday. The firm has a market capitalization of $9.26 billion, a P/E ratio of 41.84 and a beta of 0.40. The firm has a 50-day moving average price of $19.71 and a 200 day moving average price of $20.16. Silver Wheaton Corp has a 52-week low of $16.94 and a 52-week high of $29.53.
Silver Wheaton Corp (NYSE:WPM) last announced its quarterly earnings results on Thursday, August 10th. The company reported $0.15 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. The company had revenue of $200 million during the quarter, compared to analyst estimates of $217.81 million. Silver Wheaton Corp had a return on equity of 5.90% and a net margin of 25.05%. The firm’s revenue was down 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 earnings per share. Analysts forecast that Silver Wheaton Corp will post $0.60 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This is a positive change from Silver Wheaton Corp’s previous quarterly dividend of $0.07. This represents a $0.40 annualized dividend and a yield of 1.91%. Silver Wheaton Corp’s dividend payout ratio is currently 80.00%.
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About Silver Wheaton Corp
Wheaton Precious Metals Corp, formerly Silver Wheaton Corp, is a Canada-based pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations.
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