Q1 EPS Estimate for Wheaton Precious Metals Cut by Analyst

Wheaton Precious Metals Corp. (NYSE:WPM) – Investment analysts at Zacks Research cut their Q1 2026 earnings estimates for Wheaton Precious Metals in a research report issued on Thursday, March 26th. Zacks Research analyst Team now expects that the company will earn $0.80 per share for the quarter, down from their prior forecast of $0.85. 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’ Q4 2026 earnings at $0.81 EPS, Q3 2027 earnings at $0.82 EPS and Q4 2027 earnings at $0.81 EPS.

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

WPM has been the subject of a number of other reports. TD Cowen upped their target price on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday, December 29th. Royal Bank Of Canada raised shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $115.00 to $130.00 in a research report on Wednesday, December 10th. Jefferies Financial Group restated a “buy” rating and issued a $145.00 price objective on shares of Wheaton Precious Metals in a research note on Sunday, December 7th. Finally, TD Securities raised their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Thirteen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $145.36.

Wheaton Precious Metals Stock Performance

Wheaton Precious Metals stock opened at $124.48 on Monday. The stock has a market cap of $56.52 billion, a PE ratio of 38.42, a price-to-earnings-growth ratio of 1.79 and a beta of 0.50. The stock has a fifty day moving average of $142.22 and a 200 day moving average of $121.21. Wheaton Precious Metals has a one year low of $68.03 and a one year high of $165.76.

Wheaton Precious Metals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.195 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from Wheaton Precious Metals’s previous quarterly dividend of $0.17. This represents a $0.78 annualized dividend and a yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is 24.07%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC bought a new position in Wheaton Precious Metals in the 3rd quarter valued at $26,000. Assetmark Inc. boosted its stake in shares of Wheaton Precious Metals by 144.4% during the fourth quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after purchasing an additional 130 shares during the period. Harvest Fund Management Co. Ltd boosted its stake in shares of Wheaton Precious Metals by 100.0% during 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 bought a new position in shares of Wheaton Precious Metals in the fourth quarter worth about $28,000. Finally, Root Financial Partners LLC bought a new position in shares of Wheaton Precious Metals in the third quarter worth about $29,000. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wheaton Precious Metals News Summary

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

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.