Zacks Research Has Strong Forecast for WPM FY2026 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Zacks Research boosted their FY2026 earnings per share estimates for shares of Wheaton Precious Metals in a report released on Friday, January 23rd. Zacks Research analyst Team now anticipates that the company will earn $3.01 per share for the year, up from their previous estimate of $3.00. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q1 2027 earnings at $0.72 EPS.

Wheaton Precious Metals (NYSE:WPM) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Wheaton Precious Metals had a net margin of 54.72% and a return on equity of 13.32%. The company had revenue of $476.26 million for the quarter, compared to analyst estimates of $495.53 million. During the same quarter last year, the firm posted $0.34 earnings per share. The company’s quarterly revenue was up 54.5% compared to the same quarter last year.

Several other equities research analysts also recently commented on WPM. UBS Group lifted their target price on shares of Wheaton Precious Metals from $116.00 to $118.00 and gave the stock a “neutral” rating in a research report on Monday, December 1st. Raymond James Financial increased their target price on shares of Wheaton Precious Metals from $114.00 to $127.00 and gave the stock an “outperform” rating in a research note on Friday, October 10th. CIBC upped their target price on Wheaton Precious Metals from $135.00 to $160.00 and gave the stock an “outperformer” rating in a research report on Friday, October 10th. Scotiabank reiterated an “outperform” rating and set a $175.00 price target on shares of Wheaton Precious Metals in a research note on Monday. Finally, Wall Street Zen raised shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $136.00.

Wheaton Precious Metals Stock Performance

Shares of NYSE WPM opened at $149.38 on Monday. The stock has a 50 day moving average price of $120.01 and a 200 day moving average price of $107.29. Wheaton Precious Metals has a 52 week low of $58.96 and a 52 week high of $154.70. The stock has a market capitalization of $67.82 billion, a PE ratio of 67.90, a price-to-earnings-growth ratio of 1.35 and a beta of 0.52.

Wheaton Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Thursday, November 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 30.00%.

Institutional Trading of Wheaton Precious Metals

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Wheaton Precious Metals by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 18,789,090 shares of the company’s stock valued at $2,102,611,000 after buying an additional 234,439 shares during the period. Norges Bank acquired a new position in shares of Wheaton Precious Metals during the second quarter valued at about $656,463,000. TD Asset Management Inc lifted its stake in shares of Wheaton Precious Metals by 3.5% in the third quarter. TD Asset Management Inc now owns 7,252,054 shares of the company’s stock valued at $811,726,000 after buying an additional 244,027 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Wheaton Precious Metals by 36.2% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,955,810 shares of the company’s stock worth $777,938,000 after purchasing an additional 1,847,977 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in Wheaton Precious Metals by 26.1% in the 3rd quarter. Bank of Montreal Can now owns 6,455,675 shares of the company’s stock valued at $722,270,000 after buying an additional 1,335,588 shares during the period. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Company Profile

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.