Zacks Research Has Positive Estimate for WPM Q3 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Investment analysts at Zacks Research lifted their Q3 2026 earnings estimates for shares of Wheaton Precious Metals in a research note issued on Wednesday, July 22nd. Zacks Research analyst Team now forecasts that the company will earn $1.14 per share for the quarter, up from their previous estimate of $1.13. 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’ Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $4.71 EPS, Q1 2027 earnings at $1.29 EPS, Q2 2027 earnings at $1.13 EPS, Q3 2027 earnings at $1.28 EPS, Q4 2027 earnings at $1.43 EPS, FY2027 earnings at $5.13 EPS and Q2 2028 earnings at $1.14 EPS.

Other research analysts have also issued reports about the company. Scotiabank reduced their price target 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. Jefferies Financial Group dropped their price objective on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. UBS Group cut their target price on Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Bank of America cut their target price on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Finally, Wall Street Zen downgraded shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.09.

Wheaton Precious Metals Trading Up 1.3%

Shares of NYSE WPM opened at $111.49 on Thursday. The stock has a market capitalization of $50.63 billion, a PE ratio of 28.15, a price-to-earnings-growth ratio of 1.98 and a beta of 0.55. The stock’s fifty day simple moving average is $117.50 and its two-hundred day simple moving average is $131.65. Wheaton Precious Metals has a 12-month low of $90.39 and a 12-month high of $165.76.

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

Hedge Funds Weigh In On Wheaton Precious Metals

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Legacy Wealth Asset Management LLC acquired a new stake in Wheaton Precious Metals in the 2nd quarter worth approximately $212,000. Allied Private Wealth LLC acquired a new position in Wheaton Precious Metals during the 2nd quarter valued at approximately $109,000. Assenagon Asset Management S.A. increased its stake in Wheaton Precious Metals by 9.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 20,587 shares of the company’s stock valued at $2,315,000 after purchasing an additional 1,699 shares in the last quarter. Fermata Advisors LLC raised its holdings in shares of Wheaton Precious Metals by 32.2% in the second quarter. Fermata Advisors LLC now owns 2,346 shares of the company’s stock worth $264,000 after buying an additional 572 shares during the last quarter. Finally, Harbor Investment Advisory LLC purchased a new position in shares of Wheaton Precious Metals in the second quarter worth $51,000. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wheaton Precious Metals Dividend Announcement

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

Key Headlines Impacting 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

Wheaton Precious Metals Company Profile

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.