TSE:WPM FY2025 EPS Forecast Boosted by Edison Inv. Res

Wheaton Precious Metals Corp. (TSE:WPM) – Analysts at Edison Inv. Res raised their FY2025 EPS estimates for Wheaton Precious Metals in a research report issued on Monday, January 19th. Edison Inv. Res analyst L. Ashbourne now expects that the company will post earnings of $3.81 per share for the year, up from their previous forecast of $3.80. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

A number of other research firms have also recently weighed in on WPM. Peel Hunt upped their price target on shares of Wheaton Precious Metals from C$162.00 to C$165.00 in a research note on Wednesday, November 12th. Canaccord Genuity Group lifted their price objective on Wheaton Precious Metals from C$144.00 to C$172.00 in a report on Thursday, October 2nd. Finally, Royal Bank Of Canada upgraded Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 price target for the company in a research report on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$134.43.

Wheaton Precious Metals Price Performance

Shares of WPM stock opened at C$195.88 on Wednesday. The business’s fifty day moving average price is C$160.82 and its 200 day moving average price is C$145.97. The firm has a market capitalization of C$88.93 billion, a PE ratio of 88.92 and a beta of 1.01. Wheaton Precious Metals has a 1-year low of C$83.16 and a 1-year high of C$196.93.

Wheaton Precious Metals (TSE:WPM) last announced its quarterly earnings data 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.

Wheaton Precious Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, December 4th were given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, November 20th. Wheaton Precious Metals’s dividend payout ratio is currently 29.51%.

About Wheaton Precious Metals

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.