Zacks Research Issues Optimistic Forecast for WPM Earnings

Posted by Geri Gentry on May 22nd, 2026

Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) – Investment analysts at Zacks Research increased their Q1 2028 EPS estimates for shares of Wheaton Precious Metals in a research note issued on Thursday, May 21st. Zacks Research analyst Team now expects that the company will post earnings of $0.87 per share for the quarter, up from their prior forecast of $0.79. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.87 per share.

A number of other research analysts have also recently weighed in on WPM. Wall Street Zen cut shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. UBS Group upgraded shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price on the stock in a research note on Friday, March 27th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Wheaton Precious Metals in a research note on Wednesday, February 4th. TD Securities lifted their target price on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Finally, BMO Capital Markets began coverage on shares of Wheaton Precious Metals in a research note on Thursday, April 9th. They set an “outperform” rating and a $240.00 target price on the stock. Thirteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, 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 Wheaton Precious Metals

Wheaton Precious Metals Stock Performance

WPM opened at $127.39 on Friday. Wheaton Precious Metals has a fifty-two week low of $84.05 and a fifty-two week high of $165.76. The firm’s fifty day moving average is $134.95 and its 200 day moving average is $129.50. The stock has a market cap of $57.85 billion, a price-to-earnings ratio of 32.17, a price-to-earnings-growth ratio of 2.46 and a beta of 0.50.

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

Wheaton Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders 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 annualized dividend and a yield of 0.6%. Wheaton Precious Metals’s payout ratio is presently 19.70%.

Institutional Trading of Wheaton Precious Metals

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Wheaton Precious Metals by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 19,079,029 shares of the company’s stock worth $2,242,969,000 after purchasing an additional 289,939 shares in the last quarter. Van ECK Associates Corp lifted its stake in Wheaton Precious Metals by 10.7% in the 4th quarter. Van ECK Associates Corp now owns 14,469,877 shares of the company’s stock worth $1,700,517,000 after purchasing an additional 1,402,092 shares in the last quarter. Capital International Investors lifted its stake in Wheaton Precious Metals by 1.2% in the 4th quarter. Capital International Investors now owns 7,595,725 shares of the company’s stock worth $892,650,000 after purchasing an additional 93,599 shares in the last quarter. Norges Bank purchased a new stake in Wheaton Precious Metals in the 4th quarter worth $864,977,000. Finally, TD Asset Management Inc lifted its stake in Wheaton Precious Metals by 0.5% in the 4th quarter. TD Asset Management Inc now owns 7,285,275 shares of the company’s stock worth $857,598,000 after purchasing an additional 33,221 shares in the last quarter. Hedge funds and other institutional investors own 70.34% of the company’s stock.

About Wheaton Precious Metals

(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.