Zacks Research Has Bullish Estimate for TSE:WPM Q2 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Research analysts at Zacks Research lifted their Q2 2026 EPS estimates for shares of Wheaton Precious Metals in a report released on Thursday, May 21st. Zacks Research analyst Team now expects that the company will post earnings of $1.47 per share for the quarter, up from their prior forecast of $1.18. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2026 earnings at $1.47 EPS, Q4 2026 earnings at $1.47 EPS, FY2026 earnings at $6.16 EPS, Q1 2027 earnings at $1.47 EPS, Q2 2027 earnings at $1.46 EPS, Q3 2027 earnings at $1.64 EPS, Q4 2027 earnings at $1.92 EPS, FY2027 earnings at $6.49 EPS and FY2028 earnings at $5.60 EPS.

Wheaton Precious Metals (TSE:WPM) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$1.78 earnings per share for the quarter. The company had revenue of C$1.25 billion for the quarter. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 21.32%.

WPM has been the topic of a number of other reports. TD Securities boosted their price target on shares of Wheaton Precious Metals from C$164.00 to C$165.00 and gave the stock a “buy” rating in a report on Monday, March 16th. National Bank Financial boosted their price target on shares of Wheaton Precious Metals from C$240.00 to C$245.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. Stifel Nicolaus boosted their price target on shares of Wheaton Precious Metals from C$240.00 to C$250.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. UBS Group raised shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. Finally, Peel Hunt boosted their price target on shares of Wheaton Precious Metals from C$165.00 to C$240.00 in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$205.63.

Wheaton Precious Metals Stock Performance

Shares of TSE:WPM opened at C$174.74 on Monday. The company’s 50-day moving average is C$185.01 and its 200 day moving average is C$178.57. The company has a market capitalization of C$79.35 billion, a P/E ratio of 44.16 and a beta of 1.38. Wheaton Precious Metals has a fifty-two week low of C$116.42 and a fifty-two week high of C$226.68.

Insider Buying and Selling

In other Wheaton Precious Metals news, insider Vincent Chun Yip Lau acquired 225 shares of the company’s stock in a transaction on Friday, May 15th. The shares were acquired at an average cost of C$176.85 per share, with a total value of C$39,791.25. Following the completion of the acquisition, the insider directly owned 1,065 shares in the company, valued at C$188,345.25. This trade represents a 26.79% increase in their ownership of the stock. 0.13% of the stock is currently owned by company insiders.

Wheaton Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, June 9th will be issued a dividend of $0.195 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 annualized dividend and a yield of 0.4%. Wheaton Precious Metals’s dividend payout ratio is 17.44%.

More Wheaton Precious Metals News

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

• Positive Sentiment: Zacks Research raised earnings estimates for Wheaton Precious Metals across several periods, including FY2026 to $6.16 EPS, FY2027 to $6.49 EPS, and FY2028 to $5.60 EPS, indicating a more optimistic long-term outlook for the company.
• Positive Sentiment: The firm also increased quarterly forecasts for 2026 and 2027, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, and Q4 2027, which reinforces expectations for steady earnings growth.
• Neutral Sentiment: The consensus estimate for Wheaton Precious Metals’ current full-year earnings remains at $2.47 EPS, so the latest notes are mostly about longer-dated projections rather than a near-term change in the current-year outlook.

About Wheaton Precious Metals

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.