Wheaton Precious Metals Corp. (WPM) to Post FY2017 Earnings of $0.78 Per Share, Desjardins Forecasts
Wheaton Precious Metals Corp. (TSE:WPM) – Equities research analysts at Desjardins issued their FY2017 earnings per share estimates for Wheaton Precious Metals in a report released on Monday. Desjardins analyst J. Wolfson anticipates that the company will post earnings per share of $0.78 for the year. Desjardins currently has a “Buy” rating on the stock. Desjardins also issued estimates for Wheaton Precious Metals’ Q4 2017 earnings at $0.22 EPS, Q1 2018 earnings at $0.21 EPS, Q2 2018 earnings at $0.19 EPS, Q3 2018 earnings at $0.21 EPS, Q4 2018 earnings at $0.23 EPS, FY2018 earnings at $0.84 EPS, Q1 2019 earnings at $0.27 EPS, Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.24 EPS and FY2019 earnings at $1.07 EPS.
WPM has been the topic of several other reports. Royal Bank of Canada cut their price target on Wheaton Precious Metals to C$31.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 5th. Eight Capital reaffirmed a “buy” rating on shares of Wheaton Precious Metals in a research report on Thursday, November 16th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of C$31.29.
The business also recently declared a quarterly dividend, which was paid on Thursday, December 7th. Shareholders of record on Monday, November 27th were given a dividend of $0.116 per share. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.10. This represents a $0.46 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend was Friday, November 24th. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 50.00%.
Wheaton Precious Metals Company Profile
Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. 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.
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