Raymond James Has Bearish Forecast for WPM FY2025 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Raymond James dropped their FY2025 earnings per share estimates for shares of Wheaton Precious Metals in a research report issued to clients and investors on Friday, November 8th. Raymond James analyst B. Macarthur now anticipates that the company will earn $1.86 per share for the year, down from their prior estimate of $1.87. Raymond James currently has a “Outperform” rating and a $75.00 target price on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.44 per share. Raymond James also issued estimates for Wheaton Precious Metals’ Q4 2025 earnings at $0.49 EPS.

Several other brokerages have also recently weighed in on WPM. National Bank Financial raised Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 10th. TD Securities boosted their target price on Wheaton Precious Metals from $74.00 to $75.00 and gave the company a “buy” rating in a research report on Friday. Jefferies Financial Group raised their price target on Wheaton Precious Metals from $67.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, October 4th. Scotiabank boosted their price objective on shares of Wheaton Precious Metals from $66.50 to $72.00 and gave the company a “sector outperform” rating in a research report on Monday, August 19th. Finally, Stifel Canada lowered shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a report on Monday, October 21st. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $70.88.

Wheaton Precious Metals Stock Up 0.6 %

Wheaton Precious Metals stock opened at $64.82 on Monday. Wheaton Precious Metals has a twelve month low of $38.57 and a twelve month high of $68.64. The company’s 50-day moving average price is $62.79 and its 200-day moving average price is $58.66. The company has a market cap of $29.40 billion, a PE ratio of 48.37, a price-to-earnings-growth ratio of 2.37 and a beta of 0.77.

Institutional Trading of Wheaton Precious Metals

Several institutional investors and hedge funds have recently modified their holdings of WPM. Ridgewood Investments LLC purchased a new position in Wheaton Precious Metals during the 2nd quarter worth $31,000. Abich Financial Wealth Management LLC bought a new stake in shares of Wheaton Precious Metals in the second quarter valued at about $31,000. Sunbelt Securities Inc. purchased a new stake in Wheaton Precious Metals in the second quarter worth about $47,000. St. Johns Investment Management Company LLC purchased a new position in Wheaton Precious Metals during the 3rd quarter valued at about $48,000. Finally, Western Pacific Wealth Management LP boosted its stake in shares of Wheaton Precious Metals by 19.6% during the first quarter. Western Pacific Wealth Management LP now owns 1,331 shares of the company’s stock valued at $63,000 after purchasing an additional 218 shares in the last quarter. Institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 21st will be paid a $0.155 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.62 dividend on an annualized basis and a yield of 0.96%. Wheaton Precious Metals’s dividend payout ratio is currently 46.27%.

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.