What is Scotiabank’s Forecast for WPM FY2026 Earnings?

Posted by Brian Himes on May 15th, 2026

Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) – Equities research analysts at Scotiabank reduced their FY2026 earnings per share estimates for shares of Wheaton Precious Metals in a research report issued on Thursday, May 14th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $4.48 for the year, down from their prior estimate of $4.64. Scotiabank has a “Outperform” rating and a $180.00 price objective on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.88 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2027 earnings at $4.37 EPS.

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

A number of other brokerages have also issued reports on WPM. BMO Capital Markets began coverage on Wheaton Precious Metals in a research note on Thursday, April 9th. They set an “outperform” rating and a $240.00 price target for the company. TD Cowen increased their price target on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, March 16th. 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 research report on Friday, March 27th. TD Securities increased their price objective on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Finally, Wall Street Zen downgraded Wheaton Precious Metals from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 28th. Thirteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Wheaton Precious Metals presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.64.

Read Our Latest Stock Analysis on WPM

Wheaton Precious Metals Stock Performance

Shares of NYSE WPM opened at $139.19 on Friday. The stock has a fifty day moving average price of $137.13 and a two-hundred day moving average price of $128.38. The firm has a market cap of $63.21 billion, a P/E ratio of 35.15, a PEG ratio of 2.74 and a beta of 0.50. Wheaton Precious Metals has a 1 year low of $76.69 and a 1 year high of $165.76.

Wheaton Precious Metals Dividend Announcement

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

Institutional Trading of Wheaton Precious Metals

A number of hedge funds have recently modified their holdings of WPM. Norges Bank purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at $864,977,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Wheaton Precious Metals by 36.2% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,955,810 shares of the company’s stock worth $777,938,000 after acquiring an additional 1,847,977 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Wheaton Precious Metals by 40.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 5,912,588 shares of the company’s stock worth $694,951,000 after acquiring an additional 1,715,540 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Wheaton Precious Metals by 10.7% in the fourth quarter. Van ECK Associates Corp now owns 14,469,877 shares of the company’s stock worth $1,700,517,000 after acquiring an additional 1,402,092 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in shares of Wheaton Precious Metals by 26.1% in the third quarter. Bank of Montreal Can now owns 6,455,675 shares of the company’s stock worth $722,270,000 after acquiring an additional 1,335,588 shares during the last quarter. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Company Profile

(Get Free Report)

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.