Wheaton Precious Metals Corp. (NYSE:WPM) Receives $165.55 Average Target Price from Brokerages

Posted by Stanley Muller on Sep 20th, 2026

Wheaton Precious Metals Corp. (NYSE:WPM – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $166.00.

Several research firms have recently weighed in on WPM. Jefferies Financial Group lowered their price objective on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating for the company in a research note on Monday, July 6th. Bank of America cut their target price on shares of 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. Royal Bank Of Canada increased their price objective on shares of Wheaton Precious Metals from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday. Scotiabank reduced their target price on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research note on Tuesday, July 14th. Finally, Weiss Ratings lowered Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th.

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Institutional Investors Weigh In On Wheaton Precious Metals

Several hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank acquired a new position in Wheaton Precious Metals during the 4th quarter valued at about $864,977,000. BlackRock Inc. purchased a new position in Wheaton Precious Metals in the second quarter valued at about $581,250,000. Canada Pension Plan Investment Board bought a new position in Wheaton Precious Metals during the second quarter valued at $351,708,000. Bank of America Corp DE bought a new position in shares of Wheaton Precious Metals during the 2nd quarter worth $328,309,000. Finally, Legal & General Group Plc bought a new position in Wheaton Precious Metals during the second quarter worth about $320,838,000. Institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Stock Performance

WPM stock opened at $150.93 on Friday. The firm has a market cap of $68.55 billion, a PE ratio of 33.47, a price-to-earnings-growth ratio of 2.67 and a beta of 0.60. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average price of $134.18 and a 200-day moving average price of $131.52. Wheaton Precious Metals has a 1-year low of $92.57 and a 1-year high of $165.76.

Wheaton Precious Metals (NYSE:WPM – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%.The business had revenue of $878.00 million during the quarter, compared to the consensus estimate of $879.29 million. During the same period in the previous year, the company posted $0.63 earnings per share. The firm’s revenue for the quarter was up 84.7% on a year-over-year basis. As a group, equities research analysts expect that Wheaton Precious Metals will post 4.8 earnings per share for the current year.

Wheaton Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were issued a $0.195 dividend. The ex-dividend date was Thursday, August 20th. This represents a $0.78 annualized dividend and a yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio is presently 17.29%.

Wheaton Precious Metals Company Profile

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Wheaton Precious Metals Corp. (NYSE:WPM) is a precious metals streaming company headquartered in Vancouver, British Columbia. Rather than operating mines directly, the company provides upfront financing to mining companies in exchange for the right to purchase a portion of the future production from specific mining projects at predetermined prices.

Wheaton’s streaming portfolio is primarily focused on gold and silver, with additional exposure to palladium and cobalt through certain agreements.