Zacks Research Analysts Increase Earnings Estimates for WPM

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Zacks Research lifted their Q2 2026 EPS estimates for shares of Wheaton Precious Metals in a research note issued to investors on Thursday, March 26th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.85 per share for the quarter, up from their previous forecast of $0.79. Zacks Research 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’ Q3 2026 earnings at $0.86 EPS, FY2026 earnings at $3.33 EPS, Q1 2027 earnings at $0.79 EPS, Q2 2027 earnings at $0.84 EPS and FY2028 earnings at $3.18 EPS.

Wheaton Precious Metals (NYSE:WPM) last issued its earnings results on Thursday, March 12th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.31. The business had revenue of $864.71 million during the quarter, compared to analysts’ expectations of $719.59 million. Wheaton Precious Metals had a net margin of 63.58% and a return on equity of 17.17%. The company’s quarterly revenue was up 127.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 earnings per share.

A number of other research analysts have also weighed in on the stock. UBS Group raised shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price on the stock in a research note on Friday. Wall Street Zen lowered Wheaton Precious Metals from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Scotiabank increased their price target on Wheaton Precious Metals from $175.00 to $178.00 and gave the company a “sector outperform” rating in a report on Monday, March 16th. Jefferies Financial Group reiterated a “buy” rating and set a $145.00 price objective on shares of Wheaton Precious Metals in a research report on Sunday, December 7th. Finally, TD Securities boosted their price objective on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Thirteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and a consensus target price of $145.36.

Wheaton Precious Metals Trading Up 4.6%

WPM opened at $124.48 on Friday. Wheaton Precious Metals has a twelve month low of $68.03 and a twelve month high of $165.76. The firm has a market capitalization of $56.52 billion, a PE ratio of 38.42, a PEG ratio of 1.79 and a beta of 0.50. The firm’s 50-day moving average price is $142.22 and its 200 day moving average price is $121.10.

Wheaton Precious Metals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st will be issued a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, March 31st. This is a positive change from Wheaton Precious Metals’s previous quarterly dividend of $0.17. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 20.37%.

Institutional Trading of Wheaton Precious Metals

Hedge funds have recently made changes to their positions in the company. Nisa Investment Advisors LLC acquired a new position in Wheaton Precious Metals in the third quarter valued at approximately $26,000. Assetmark Inc. increased its stake in Wheaton Precious Metals by 144.4% during the fourth quarter. Assetmark Inc. now owns 220 shares of the company’s stock worth $26,000 after acquiring an additional 130 shares during the last quarter. Harvest Fund Management Co. Ltd raised its position in Wheaton Precious Metals by 100.0% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after purchasing an additional 117 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new stake in Wheaton Precious Metals in the fourth quarter valued at $28,000. Finally, Root Financial Partners LLC acquired a new position in shares of Wheaton Precious Metals in the 3rd quarter valued at $29,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: UBS upgraded WPM from “neutral” to “buy” and set a $160 price target (~28.5% upside vs. the current quote), signaling conviction from a major broker that the shares have meaningful upside. Article Title Article Title
• Positive Sentiment: Zacks Research increased several near-term and FY estimates for WPM (Q1/Q2/Q3 and FY2026/FY2028), and lifted FY2026 to $3.33 EPS from $3.25 — upgrades that improve the earnings outlook even though Zacks retains a “Hold” rating. (Source: MarketBeat summary of analyst notes) Article Title
• Positive Sentiment: Company fundamentals are supporting the outlook: WPM reported record operating cash flow (US$1.9B in 2025 vs US$1.03B in 2024), strong sales and net income for 2025, and the board approved an 18% increase in the quarterly dividend — concrete cash-generation and shareholder-return signals. Article Title
• Neutral Sentiment: Analyst commentary pieces from Zacks highlight WPM as a strong growth/quality name and question the sustainability of the free-cash-flow rally (key variables: production growth and gold prices). These are useful context items but mostly reinforce existing data rather than introduce new catalysts. Article Title

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.