Wheaton Precious Metals (NYSE:WPM) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Wheaton Precious Metals (NYSE:WPM) released its quarterly earnings data on Thursday. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04, Zacks reports. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The company had revenue of $878.00 million during the quarter, compared to the consensus estimate of $879.29 million. During the same quarter in the prior year, the firm earned $0.63 EPS. Wheaton Precious Metals’s quarterly revenue was up 84.7% on a year-over-year basis.

Wheaton Precious Metals Stock Performance

Shares of NYSE WPM traded up $9.21 during midday trading on Friday, reaching $134.51. 3,447,007 shares of the stock were exchanged, compared to its average volume of 2,273,258. The company has a 50 day simple moving average of $115.12 and a 200 day simple moving average of $130.80. The stock has a market capitalization of $61.09 billion, a P/E ratio of 33.97, a PEG ratio of 2.21 and a beta of 0.55. Wheaton Precious Metals has a twelve month low of $90.94 and a twelve month high of $165.76.

Wheaton Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a $0.195 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is 19.70%.

Key Stories Impacting Wheaton Precious Metals

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Second-quarter earnings beat expectations: Wheaton reported adjusted earnings of $1.19 per share, up from $0.63 a year earlier and ahead of the $1.15 analyst consensus. Revenue increased 84.7% year over year to approximately $878 million. Wheaton Precious Metals Q2 earnings and revenues surpass estimates
• Positive Sentiment: Record operating performance supports the streaming model: Management cited record year-to-date production, sales volumes, revenue, earnings and cash flow. Strong margins and cash generation are particularly favorable amid commodity-price volatility and cost pressures, while the company’s financial position provides flexibility for further growth investments. Wheaton Precious Metals announces second-quarter 2026 results
• Positive Sentiment: Dividend increased: Wheaton declared a quarterly dividend of $0.195 per share, an 18% increase from the comparable 2025 dividend. The payment is scheduled for September 3 for shareholders of record on August 20, implying an annualized payout of approximately $0.78 per share and a yield near 0.6%. Wheaton Precious Metals dividend declaration
• Neutral Sentiment: Revenue was broadly in line with expectations: Although the earnings result exceeded estimates, reported revenue of about $878 million was slightly below the consensus estimate of $879.29 million. Investors may therefore focus on production trends, metal prices and future streaming investments to assess whether the pace of growth can continue. Wheaton Precious Metals key metrics versus estimates

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in WPM. Quarry LP purchased a new stake in Wheaton Precious Metals in the 4th quarter valued at about $34,000. Triumph Capital Management acquired a new position in Wheaton Precious Metals in the third quarter valued at about $33,000. EFG International AG purchased a new position in Wheaton Precious Metals during the fourth quarter worth about $54,000. Greenline Wealth Management LLC purchased a new position in Wheaton Precious Metals during the fourth quarter worth about $62,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Wheaton Precious Metals during the fourth quarter valued at about $63,000. 70.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Scotiabank lowered their target price on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a report on Tuesday, July 14th. Royal Bank Of Canada reduced their price objective on Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Berenberg Bank set a $157.00 price objective on Wheaton Precious Metals in a research note on Tuesday, July 28th. Weiss Ratings cut Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. Finally, Bank of America cut their target price on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $165.55.

About Wheaton Precious Metals

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.