Zacks Research Has Optimistic Outlook of WPM Q1 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities researchers at Zacks Research raised their Q1 2026 earnings per share estimates for shares of Wheaton Precious Metals in a research note issued on Thursday, November 20th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.65 per share for the quarter, up from their previous forecast of $0.60. 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’ FY2026 earnings at $2.58 EPS and Q3 2027 earnings at $0.63 EPS.

WPM has been the subject of several other research reports. Berenberg Bank lifted their price objective on shares of Wheaton Precious Metals from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Wall Street Zen upgraded shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research note on Monday, September 8th. UBS Group increased their price objective on Wheaton Precious Metals from $118.00 to $122.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Scotiabank restated an “outperform” rating on shares of Wheaton Precious Metals in a research note on Thursday, October 23rd. Finally, Bank of America raised their price target on Wheaton Precious Metals from $127.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.50.

Wheaton Precious Metals Price Performance

Shares of NYSE WPM opened at $99.34 on Monday. The business’s 50-day moving average price is $103.82 and its two-hundred day moving average price is $96.14. Wheaton Precious Metals has a one year low of $55.47 and a one year high of $114.36. The company has a market capitalization of $45.10 billion, a P/E ratio of 57.42, a price-to-earnings-growth ratio of 1.67 and a beta of 0.38.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.59 by $0.03. Wheaton Precious Metals had a net margin of 47.46% and a return on equity of 11.96%. The business had revenue of $476.26 million during the quarter, compared to analysts’ expectations of $495.53 million. During the same period last year, the company posted $0.34 earnings per share. The firm’s quarterly revenue was up 54.5% compared to the same quarter last year.

Institutional Investors Weigh In On Wheaton Precious Metals

Large investors have recently made changes to their positions in the stock. Pacifica Partners Inc. grew its holdings in Wheaton Precious Metals by 27.8% during the third quarter. Pacifica Partners Inc. now owns 460 shares of the company’s stock worth $51,000 after purchasing an additional 100 shares during the period. Miracle Mile Advisors LLC grew its position in Wheaton Precious Metals by 0.9% during the third quarter. Miracle Mile Advisors LLC now owns 12,872 shares of the company’s stock worth $1,440,000 after buying an additional 110 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of Wheaton Precious Metals by 2.9% in the first quarter. Pacer Advisors Inc. now owns 4,144 shares of the company’s stock worth $322,000 after purchasing an additional 117 shares during the period. AE Wealth Management LLC raised its position in shares of Wheaton Precious Metals by 2.1% in the 3rd quarter. AE Wealth Management LLC now owns 6,091 shares of the company’s stock valued at $681,000 after buying an additional 123 shares in the last quarter. Finally, First Affirmative Financial Network boosted its holdings in shares of Wheaton Precious Metals by 3.5% in the 3rd quarter. First Affirmative Financial Network now owns 3,976 shares of the company’s stock valued at $445,000 after purchasing an additional 133 shares in the last quarter. Institutional investors and hedge funds own 70.34% of the company’s stock.

Wheaton Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, November 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 30.00%.

About Wheaton Precious Metals

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.