Stifel Canada Analysts Increase Earnings Estimates for WPM

Wheaton Precious Metals Corp. (NYSE:WPM) – Research analysts at Stifel Canada boosted their FY2026 earnings estimates for Wheaton Precious Metals in a research report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico now expects that the company will post earnings per share of $1.99 for the year, up from their previous estimate of $1.96. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

WPM has been the topic of several other research reports. National Bank Financial raised Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating in a report on Thursday, October 10th. TD Securities lifted their price target on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Raymond James increased their price objective on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Finally, UBS Group began coverage on shares of Wheaton Precious Metals in a report on Monday, November 18th. They set a “buy” rating and a $78.00 price objective for the company. Nine equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Wheaton Precious Metals presently has a consensus rating of “Buy” and an average target price of $71.67.

Wheaton Precious Metals Stock Up 3.0 %

WPM stock opened at $65.92 on Thursday. Wheaton Precious Metals has a twelve month low of $38.57 and a twelve month high of $68.64. The company has a market cap of $29.91 billion, a PE ratio of 49.19, a price-to-earnings-growth ratio of 1.61 and a beta of 0.77. The business’s 50-day simple moving average is $59.48 and its 200 day simple moving average is $60.71.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. The company had revenue of $308.25 million for the quarter, compared to the consensus estimate of $324.57 million. During the same quarter in the previous year, the firm posted $0.27 EPS.

Hedge Funds Weigh In On Wheaton Precious Metals

Institutional investors have recently modified their holdings of the stock. Versant Capital Management Inc bought a new position in Wheaton Precious Metals in the 4th quarter valued at $29,000. Laurel Wealth Advisors LLC bought a new position in Wheaton Precious Metals in the fourth quarter valued at about $39,000. GAMMA Investing LLC acquired a new stake in Wheaton Precious Metals in the fourth quarter worth about $41,000. St. Johns Investment Management Company LLC bought a new stake in Wheaton Precious Metals during the 3rd quarter worth about $48,000. Finally, Kestra Investment Management LLC acquired a new position in Wheaton Precious Metals during the 4th quarter valued at about $53,000. 70.34% of the stock is owned by institutional investors.

About Wheaton Precious Metals

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.