FY2025 Earnings Estimate for WPM Issued By Edison Inv. Res

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities research analysts at Edison Inv. Res boosted their FY2025 earnings per share estimates for shares of Wheaton Precious Metals in a research note issued on Monday, January 19th. Edison Inv. Res analyst L. Ashbourne now anticipates that the company will earn $2.75 per share for the year, up from their previous forecast of $2.71. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

Wheaton Precious Metals (NYSE:WPM) last released its 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. The business had revenue of $476.26 million for the quarter, compared to the consensus estimate of $495.53 million. Wheaton Precious Metals had a return on equity of 13.32% and a net margin of 54.72%.The company’s revenue for the quarter was up 54.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 earnings per share.

Several other analysts also recently commented on WPM. Bank of America increased their target price on Wheaton Precious Metals from $127.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. Raymond James Financial boosted their target price on Wheaton Precious Metals from $114.00 to $127.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Weiss Ratings restated a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday, December 29th. UBS Group lifted their price target on shares of Wheaton Precious Metals from $116.00 to $118.00 and gave the stock a “neutral” rating in a research note on Monday, December 1st. Finally, Scotiabank reissued an “outperform” rating on shares of Wheaton Precious Metals in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $130.78.

Wheaton Precious Metals Stock Performance

NYSE:WPM opened at $143.81 on Wednesday. The firm has a 50-day simple moving average of $117.32 and a two-hundred day simple moving average of $105.84. Wheaton Precious Metals has a fifty-two week low of $57.84 and a fifty-two week high of $146.77. The firm has a market cap of $65.29 billion, a P/E ratio of 65.37, a P/E/G ratio of 1.26 and a beta of 0.52.

Institutional Investors Weigh In On Wheaton Precious Metals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC purchased a new stake in shares of Wheaton Precious Metals in the third quarter worth $26,000. Delta Asset Management LLC TN purchased a new stake in Wheaton Precious Metals in the 2nd quarter worth $27,000. Root Financial Partners LLC bought a new stake in Wheaton Precious Metals during the third quarter valued at about $29,000. Triumph Capital Management purchased a new position in shares of Wheaton Precious Metals in the third quarter valued at about $33,000. Finally, Aventura Private Wealth LLC bought a new position in shares of Wheaton Precious Metals in the fourth quarter worth about $34,000. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wheaton Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, November 20th. Wheaton Precious Metals’s payout ratio is presently 30.00%.

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.