Zacks Research Has Bullish Outlook for TSE:WPM Q1 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Zacks Research boosted their Q1 2026 earnings estimates for shares of Wheaton Precious Metals in a research note issued to investors on Thursday, January 29th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.15 per share for the quarter, up from their prior forecast of $1.01. 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’ Q2 2026 earnings at $1.07 EPS, Q3 2026 earnings at $1.06 EPS, Q4 2026 earnings at $1.15 EPS, FY2026 earnings at $4.43 EPS, Q1 2027 earnings at $1.06 EPS, Q2 2027 earnings at $1.07 EPS, Q3 2027 earnings at $1.13 EPS, Q4 2027 earnings at $1.17 EPS and FY2027 earnings at $4.43 EPS.

Wheaton Precious Metals (TSE:WPM) last announced its quarterly earnings results on Friday, November 7th. The company reported C$0.62 EPS for the quarter. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.56%. The firm had revenue of C$663.15 million during the quarter.

Several other equities research analysts also recently commented on the stock. Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 price objective for the company in a research note on Wednesday, December 10th. Peel Hunt lifted their price target on Wheaton Precious Metals from C$162.00 to C$165.00 in a research report on Wednesday, November 12th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$134.43.

Wheaton Precious Metals Price Performance

Shares of WPM stock opened at C$179.39 on Friday. Wheaton Precious Metals has a 1 year low of C$90.28 and a 1 year high of C$214.41. The company has a market cap of C$81.45 billion, a PE ratio of 81.43 and a beta of 1.01. The stock’s 50 day simple moving average is C$169.45 and its two-hundred day simple moving average is C$150.03.

Wheaton Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, December 4th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, November 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 29.51%.

Key Wheaton Precious Metals News

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

• Positive Sentiment: Zacks raised FY2026 EPS to $4.43 (from $4.18) and lifted FY2027 to $4.43 (from $4.22), indicating materially higher full‑year earnings expectations vs their prior view. Article Title
• Positive Sentiment: Multiple quarterly estimates were increased: notable revisions include Q1 2026 to $1.15 (from $1.01), Q2 2026 to $1.07 (from $1.04), Q3 2026 to $1.06 (from $1.02), Q4 2026 to $1.15 (from $1.10); and for 2027, Q1 to $1.06 (from $0.99), Q2 to $1.07 (from $1.03), Q3 to $1.13 (from $1.09) and Q4 to $1.17 — a broad, across‑the‑board upgrade that supports stronger near‑term cashflow expectations. Article Title
• Neutral Sentiment: These are analyst model changes (forward estimates). Different data sources may show different “current” consensus figures depending on fiscal‑year definitions; treat cross‑source EPS comparisons with caution. Article Title
• Negative Sentiment: Despite the upgrades, shares declined on heavy volume — likely reflecting profit‑taking after a strong run, a rich valuation (P/E ~81), and sensitivity to metals prices and macro risk, which can overwhelm analyst upgrades in the short term.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Wheaton currently has streaming agreements for 21 operating mines and 13 development stage projects. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and a silver stream on Newmont’s Penasquito mine.