What is Scotiabank’s Estimate for WPM FY2025 Earnings?

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities researchers at Scotiabank upped their FY2025 earnings estimates for Wheaton Precious Metals in a report released on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now expects that the company will earn $1.89 per share for the year, up from their previous forecast of $1.55. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.44 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2026 earnings at $2.00 EPS.

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

WPM has been the subject of a number of other research reports. Jefferies Financial Group raised their target price on shares of Wheaton Precious Metals from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, October 4th. National Bank Financial raised Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 10th. Raymond James boosted their target price on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. UBS Group began coverage on Wheaton Precious Metals in a report on Monday, November 18th. They set a “buy” rating and a $78.00 price target for the company. Finally, TD Securities lifted their price target on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Wheaton Precious Metals presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.67.

Wheaton Precious Metals Price Performance

Shares of Wheaton Precious Metals stock opened at $57.17 on Monday. Wheaton Precious Metals has a 1 year low of $38.57 and a 1 year high of $68.64. The firm has a market cap of $25.94 billion, a price-to-earnings ratio of 42.66, a PEG ratio of 1.67 and a beta of 0.76. The company has a 50-day moving average of $60.25 and a 200 day moving average of $60.35.

Wheaton Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, November 21st were issued a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date was Thursday, November 21st. Wheaton Precious Metals’s payout ratio is presently 46.27%.

Institutional Trading of Wheaton Precious Metals

Large investors have recently made changes to their positions in the stock. Versant Capital Management Inc purchased a new stake in Wheaton Precious Metals in the fourth quarter worth approximately $29,000. Abich Financial Wealth Management LLC purchased a new position in shares of Wheaton Precious Metals in the 2nd quarter worth $31,000. GAMMA Investing LLC bought a new stake in shares of Wheaton Precious Metals in the fourth quarter worth $41,000. Sunbelt Securities Inc. bought a new stake in shares of Wheaton Precious Metals in the second quarter worth $47,000. Finally, St. Johns Investment Management Company LLC purchased a new stake in Wheaton Precious Metals during the third quarter valued at $48,000. 70.34% of the stock is currently 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.