Wheaton Precious Metals Corp. (TSE:WPM – Free Report) – Equities research analysts at National Bank Financial boosted their FY2024 earnings estimates for shares of Wheaton Precious Metals in a report issued on Tuesday, October 22nd. National Bank Financial analyst S. Nagle now anticipates that the company will earn $2.03 per share for the year, up from their previous estimate of $1.99. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. National Bank Financial also issued estimates for Wheaton Precious Metals’ FY2025 earnings at $2.35 EPS.
Wheaton Precious Metals (TSE:WPM – Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported C$0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.39 by C$0.06. The firm had revenue of C$409.19 million during the quarter, compared to analysts’ expectations of C$400.03 million. Wheaton Precious Metals had a return on equity of 8.16% and a net margin of 50.44%.
Read Our Latest Research Report on Wheaton Precious Metals
Wheaton Precious Metals Price Performance
WPM stock opened at C$93.00 on Thursday. The company has a market capitalization of C$42.19 billion, a price-to-earnings ratio of 53.76 and a beta of 0.70. Wheaton Precious Metals has a 1-year low of C$52.15 and a 1-year high of C$94.84. The business has a 50 day simple moving average of C$84.19 and a two-hundred day simple moving average of C$78.63.
Wheaton Precious Metals Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were paid a dividend of $0.214 per share. This represents a $0.86 annualized dividend and a yield of 0.92%. The ex-dividend date was Wednesday, August 21st. Wheaton Precious Metals’s payout ratio is 48.55%.
Wheaton Precious Metals Company Profile
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.
Recommended Stories
- Five stocks we like better than Wheaton Precious Metals
- How to Invest in Blue Chip Stocks
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Industrial Products Stocks Investing
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- What is the Shanghai Stock Exchange Composite Index?
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Wheaton Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wheaton Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.