Scotiabank Issues Pessimistic Outlook for TSE:WPM Earnings

Wheaton Precious Metals Corp. (TSE:WPM – Free Report) – Research analysts at Scotiabank dropped their FY2026 EPS estimates for Wheaton Precious Metals in a report issued on Thursday, May 14th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $6.14 per share for the year, down from their previous estimate of $6.35. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2027 earnings at $5.99 EPS.

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Wheaton Precious Metals (TSE:WPM – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported C$1.78 earnings per share (EPS) for the quarter. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 21.32%. The company had revenue of C$1.25 billion during the quarter.

Several other research analysts have also issued reports on WPM. Stifel Nicolaus upped their target price on shares of Wheaton Precious Metals from C$240.00 to C$250.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. UBS Group raised shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 27th. National Bank Financial boosted their price target on shares of Wheaton Precious Metals from C$240.00 to C$245.00 and gave the stock an “outperform” rating in a research note on Monday, March 16th. Canaccord Genuity Group boosted their price target on shares of Wheaton Precious Metals from C$220.00 to C$235.00 in a research note on Tuesday, February 17th. Finally, Peel Hunt boosted their price target on shares of Wheaton Precious Metals from C$165.00 to C$240.00 in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$205.63.

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Wheaton Precious Metals Stock Performance

Shares of TSE:WPM opened at C$191.05 on Friday. Wheaton Precious Metals has a 52-week low of C$107.14 and a 52-week high of C$226.68. The firm has a fifty day moving average of C$188.32 and a 200 day moving average of C$176.82. The firm has a market capitalization of C$86.76 billion, a PE ratio of 48.28 and a beta of 1.38.

About Wheaton Precious Metals

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Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.

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