Wheaton Precious Metals (NYSE:WPM) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Wheaton Precious Metals (NYSE:WPM) issued its earnings results on Thursday. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04, Zacks reports. Wheaton Precious Metals had a return on equity of 20.87% and a net margin of 65.55%.The company had revenue of $901.47 million for the quarter, compared to analyst estimates of $868.35 million. During the same period in the prior year, the firm earned $0.55 earnings per share. Wheaton Precious Metals’s revenue for the quarter was up 91.7% on a year-over-year basis.

Wheaton Precious Metals Stock Up 5.6%

Wheaton Precious Metals stock traded up $7.43 during midday trading on Friday, hitting $138.99. 2,976,946 shares of the stock were exchanged, compared to its average volume of 2,218,524. Wheaton Precious Metals has a 52-week low of $75.42 and a 52-week high of $165.76. The stock has a market capitalization of $63.12 billion, a price-to-earnings ratio of 35.10, a price-to-earnings-growth ratio of 2.68 and a beta of 0.50. The business’s 50-day moving average price is $138.97 and its 200-day moving average price is $126.88.

Wheaton Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be given a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 24.07%.

Analyst Ratings Changes

A number of analysts have commented on WPM shares. Scotiabank boosted their price target on shares of Wheaton Precious Metals from $175.00 to $178.00 and gave the company a “sector outperform” rating in a research note on Monday, March 16th. BMO Capital Markets initiated coverage on shares of Wheaton Precious Metals in a research note on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective on the stock. TD Securities lifted their price objective on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Finally, Zacks Research lowered shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Thirteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $155.45.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: Wheaton Precious Metals reported record quarterly revenue, earnings and cash flow, signaling strong operating momentum and better-than-expected performance across key assets. Record Revenue, Earnings and Cash Flow Press Release
• Positive Sentiment: The company beat Wall Street estimates on both earnings and revenue, with EPS of $1.28 versus expectations around $1.24 to $1.15 depending on the source, which supports investor enthusiasm. Earnings Report
• Positive Sentiment: The board declared a quarterly dividend of $0.195 per share, an 18% increase from the prior-year quarterly dividend, reinforcing the company’s cash-generation story. Dividend Declaration
• Positive Sentiment: Management announced the Antamina silver stream with BHP, described as the largest transaction in Wheaton’s history, which could expand future production and growth visibility. Q1 2026 Earnings Transcript
• Neutral Sentiment: Earlier commentary noted that the stock had already seen strong recent momentum heading into the earnings release, so part of the move may reflect existing bullish sentiment rather than the quarter alone. Valuation After Share Price Momentum

Hedge Funds Weigh In On Wheaton Precious Metals

Hedge funds have recently modified their holdings of the company. Quarry LP bought a new position in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $34,000. Triumph Capital Management bought a new stake in Wheaton Precious Metals during the third quarter worth $33,000. EFG International AG bought a new stake in Wheaton Precious Metals during the fourth quarter worth $54,000. Greenline Wealth Management LLC purchased a new position in Wheaton Precious Metals in the fourth quarter worth $62,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Wheaton Precious Metals in the 4th quarter valued at $63,000. 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.