FY2028 EPS Estimates for TSE:WPM Increased by Analyst

Wheaton Precious Metals Corp. (TSE:WPM) – Research analysts at Zacks Research boosted their FY2028 EPS estimates for Wheaton Precious Metals in a report released on Thursday, June 18th. Zacks Research analyst Team now expects that the company will earn $6.29 per share for the year, up from their prior forecast of $5.60. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

A number of other brokerages also recently commented on WPM. Stifel Nicolaus increased their price target on shares of Wheaton Precious Metals from C$240.00 to C$250.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. National Bank Financial boosted their price objective on Wheaton Precious Metals from C$240.00 to C$245.00 and gave the stock an “outperform” rating in a research note on Monday, March 16th. BMO Capital Markets upped their price objective on Wheaton Precious Metals from C$240.00 to C$250.00 in a research report on Wednesday, April 22nd. UBS Group raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 27th. Finally, TD Securities lifted their target price on 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. One equities research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$205.62.

Wheaton Precious Metals Price Performance

Wheaton Precious Metals stock opened at C$164.74 on Monday. The company’s 50-day moving average price is C$181.70 and its 200-day moving average price is C$182.40. The company has a market cap of C$74.81 billion, a PE ratio of 41.63 and a beta of 1.27. Wheaton Precious Metals has a twelve month low of C$117.13 and a twelve month high of C$226.68.

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

Wheaton Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, June 9th were issued a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio (DPR) is 17.44%.

Insider Activity

In other news, insider Vincent Chun Yip Lau purchased 225 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of C$176.85 per share, with a total value of C$39,791.25. Following the purchase, the insider owned 1,065 shares in the company, valued at approximately C$188,345.25. This trade represents a 26.79% increase in their ownership of the stock. Company insiders own 0.13% of the company’s stock.

Trending Headlines about Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Wheaton Precious Metals to $6.52 from $6.16, signaling stronger expected full-year profitability.
• Positive Sentiment: The firm also increased FY2027 EPS to $6.84 from $6.49, along with higher quarterly forecasts for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, reinforcing a more bullish outlook for Wheaton Precious Metals Corp. (TSE:WPM).

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.