What is Zacks Research’s Forecast for WPM Q2 Earnings?

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Zacks Research dropped their Q2 2026 earnings per share (EPS) estimates for Wheaton Precious Metals in a research report issued to clients and investors on Wednesday, July 22nd. Zacks Research analyst Team now forecasts that the company will earn $1.10 per share for the quarter, down from their prior forecast of $1.12. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.73 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q1 2028 earnings at $1.41 EPS and FY2028 earnings at $5.27 EPS.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.24 by $0.04. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The business had revenue of $901.47 million for the quarter, compared to analyst estimates of $868.35 million. During the same quarter in the previous year, the firm posted $0.55 earnings per share. Wheaton Precious Metals’s quarterly revenue was up 91.7% on a year-over-year basis.

A number of other brokerages have also weighed in on WPM. Scotiabank decreased their target price on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. BMO Capital Markets began coverage on shares of Wheaton Precious Metals in a report on Thursday, April 9th. They set an “outperform” rating and a $240.00 price target on the stock. UBS Group reduced their price target on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Bank of America decreased their price objective on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Finally, Royal Bank Of Canada lowered their price objective on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Twelve analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $161.09.

Wheaton Precious Metals Stock Up 1.3%

Shares of WPM opened at $111.49 on Friday. The company has a market capitalization of $50.63 billion, a P/E ratio of 28.15, a price-to-earnings-growth ratio of 2.01 and a beta of 0.55. The firm has a 50 day moving average of $117.50 and a 200 day moving average of $131.65. Wheaton Precious Metals has a twelve month low of $90.39 and a twelve month high of $165.76.

Institutional Investors Weigh In On Wheaton Precious Metals

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Assetmark Inc. lifted its stake in shares of Wheaton Precious Metals by 144.4% during the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock worth $26,000 after purchasing an additional 130 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in shares of Wheaton Precious Metals by 245.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock worth $29,000 after acquiring an additional 162 shares in the last quarter. Harvest Fund Management Co. Ltd lifted its position in 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 acquiring an additional 117 shares during the last quarter. Hollencrest Capital Management lifted its position in Wheaton Precious Metals by 73.5% during the first quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock valued at $31,000 after acquiring an additional 100 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in Wheaton Precious Metals in the fourth quarter valued at approximately $28,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 19.70%.

Trending Headlines about Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate to $4.71 from $4.65, implying slightly better near-term earnings momentum for Wheaton Precious Metals. Wheaton Precious Metals Free Report
• Positive Sentiment: The firm also raised FY2027 EPS to $5.13 from $4.88 and FY2028 EPS to $5.27 from $4.48, a meaningful boost to the company’s longer-term earnings outlook. Wheaton Precious Metals Free Report
• Positive Sentiment: Quarterly estimates were also nudged higher for several future periods, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, reinforcing a constructive analyst view on the stock. Wheaton Precious Metals Free Report
• Neutral Sentiment: Zacks trimmed its Q2 2026 EPS estimate slightly to $1.10 from $1.12, but the change is small and does not materially offset the broader series of upward revisions. Wheaton Precious Metals Free Report

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.