TSE:WPM FY2025 EPS Estimate Decreased by Edison Inv. Res

Wheaton Precious Metals Corp. (TSE:WPM) – Equities researchers at Edison Inv. Res reduced their FY2025 earnings per share (EPS) estimates for shares of Wheaton Precious Metals in a research note issued on Thursday, March 27th. Edison Inv. Res analyst C. Gibson now forecasts that the company will post earnings per share of $1.76 for the year, down from their previous estimate of $2.42. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

Several other research firms have also recently weighed in on WPM. National Bankshares raised their target price on shares of Wheaton Precious Metals from C$115.00 to C$120.00 and gave the company an “outperform” rating in a research note on Monday, March 17th. TD Securities lifted their price target on Wheaton Precious Metals from C$78.00 to C$83.00 and gave the stock a “buy” rating in a research report on Friday, March 14th. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Peel Hunt raised their target price on shares of Wheaton Precious Metals from C$95.00 to C$110.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. Finally, CIBC raised their price objective on shares of Wheaton Precious Metals from C$85.00 to C$88.00 and gave the stock an “outperform” rating in a research note on Friday, March 14th. Six analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$98.38.

Wheaton Precious Metals Price Performance

Shares of WPM opened at C$109.95 on Monday. The firm has a market cap of C$34.87 billion, a P/E ratio of 57.21 and a beta of 0.70. Wheaton Precious Metals has a 1 year low of C$65.01 and a 1 year high of C$112.21. The company has a 50 day simple moving average of C$99.19 and a two-hundred day simple moving average of C$90.24.

Wheaton Precious Metals Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, April 11th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Tuesday, April 1st. Wheaton Precious Metals’s payout ratio is 43.71%.

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.