Q4 Earnings Estimate for TSE:WPM Issued By Stifel Canada

Wheaton Precious Metals Corp. (TSE:WPM) – Stifel Canada issued their Q4 2024 EPS estimates for Wheaton Precious Metals in a report released on Tuesday, February 4th. Stifel Canada analyst I. Rico forecasts that the company will earn $0.64 per share for the quarter. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

Other equities analysts have also recently issued reports about the stock. UBS Group raised shares of Wheaton Precious Metals to a “strong-buy” rating in a research note on Monday, November 18th. Stifel Nicolaus lifted their price objective on shares of Wheaton Precious Metals from C$90.00 to C$102.00 in a research note on Monday, October 21st. Four equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, Wheaton Precious Metals has an average rating of “Buy” and an average target price of C$97.67.

Wheaton Precious Metals Stock Performance

WPM opened at C$94.55 on Friday. The stock has a market capitalization of C$42.89 billion, a price-to-earnings ratio of 54.65 and a beta of 0.70. The company has a fifty day moving average of C$85.41 and a 200 day moving average of C$84.63. Wheaton Precious Metals has a fifty-two week low of C$52.15 and a fifty-two week high of C$96.99.

Wheaton Precious Metals (TSE:WPM) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.47. Wheaton Precious Metals had a net margin of 50.44% and a return on equity of 8.16%. During the same period in the previous year, the firm earned $0.36 earnings per share.

Wheaton Precious Metals Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, December 6th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.84 dividend on an annualized basis and a yield of 0.89%. 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.