Zacks Research Issues Optimistic Outlook for WPM Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Research analysts at Zacks Research lifted their Q2 2026 earnings per share estimates for shares of Wheaton Precious Metals in a report issued on Thursday, May 21st. Zacks Research analyst Team now forecasts that the company will earn $1.07 per share for the quarter, up from their previous estimate 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 $4.97 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2026 earnings at $1.08 EPS, Q4 2026 earnings at $1.07 EPS, FY2026 earnings at $4.50 EPS, Q1 2027 earnings at $1.07 EPS, Q2 2027 earnings at $1.07 EPS, Q3 2027 earnings at $1.19 EPS, Q4 2027 earnings at $1.40 EPS, FY2027 earnings at $4.74 EPS and FY2028 earnings at $4.09 EPS.

Other analysts have also issued research reports about the company. UBS Group upgraded Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 price objective for the company in a report on Friday, March 27th. Wall Street Zen lowered Wheaton Precious Metals from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Wheaton Precious Metals in a report on Wednesday, February 4th. Scotiabank raised their target price on Wheaton Precious Metals from $178.00 to $180.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Finally, BMO Capital Markets assumed coverage on Wheaton Precious Metals in a research note on Thursday, April 9th. They issued an “outperform” rating and a $240.00 target price for the company. Thirteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of “Moderate Buy” and an average price target of $155.64.

Wheaton Precious Metals Trading Down 0.1%

Shares of WPM opened at $126.39 on Monday. Wheaton Precious Metals has a 12 month low of $84.46 and a 12 month high of $165.76. The stock has a fifty day moving average price of $134.50 and a 200-day moving average price of $129.70. The firm has a market cap of $57.39 billion, a PE ratio of 31.92, a P/E/G ratio of 2.44 and a beta of 0.50.

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

Wheaton Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be paid a $0.195 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 19.70%.

Hedge Funds Weigh In On Wheaton Precious Metals

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WPM. Assetmark Inc. grew its position in shares of Wheaton Precious Metals by 144.4% during the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after acquiring an additional 130 shares during the period. Harvest Fund Management Co. Ltd grew its position in shares of Wheaton Precious Metals by 100.0% during the 4th 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 period. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Wheaton Precious Metals during the 4th quarter valued at about $28,000. Root Financial Partners LLC acquired a new stake in shares of Wheaton Precious Metals during the 3rd quarter valued at about $29,000. Finally, Cornerstone Planning Group LLC grew its position 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 valued at $29,000 after acquiring an additional 162 shares during the period. Hedge funds and other institutional investors own 70.34% of the company’s stock.

More Wheaton Precious Metals News

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

• Positive Sentiment: Zacks Research boosted its earnings forecasts across several periods, including FY2026, FY2027, and FY2028, suggesting stronger long-term profitability expectations for Wheaton Precious Metals. Wheaton Precious Metals analyst update
• Positive Sentiment: The biggest revisions were notably higher estimates for FY2026 EPS to $4.50, FY2027 EPS to $4.74, and FY2028 EPS to $4.09, which supports the view that earnings power remains solid. Wheaton Precious Metals earnings estimate revision
• Neutral Sentiment: Despite the improved forecasts, Zacks Research maintained a Hold rating, indicating the new estimates were not strong enough to warrant a more bullish stance. Wheaton Precious Metals hold rating

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.