Wednesday, October 16, 2024
HomeFinancial ReportsEarningsFY2025 Earnings Estimate for Wheaton Precious Metals by National Ban

FY2025 Earnings Estimate for Wheaton Precious Metals by National Ban

Analysts at National Bank Financial have raised their 2025 earnings forecast for Wheaton Precious Metals Corp. (NYSE:WPMFree Report) from $1.48 to $1.68 per share, maintaining an “Outperform” rating. The consensus earnings estimate for this year is $1.43 per share. They also expect $1.70 EPS for 2026.

Wheaton released its quarterly earnings on August 7, reporting $0.33 EPS, exceeding analyst expectations of $0.29. Revenue for the quarter was $299.06 million, just below the forecast of $309.54 million, but up 12.9% from the previous year’s quarter.

Several other firms have also adjusted their ratings for Wheaton, with Berenberg Bank raising their price target to $66 and maintaining a “buy” rating. Most analysts have rated the stock as a buy, with an average target price of $69.88.

Wheaton Precious Metals Stock Performance

WPM shares opened at $60.71. The company has a market cap of $27.54 billion, a P/E ratio of 48.18, and a 52-week range of $38.57 to $64.82.

Institutional Investments

Recent trading activity shows that institutional investors increasingly own WPM, with 70.34% of shares held by these entities.

Dividend Announcement

Wheaton recently paid a quarterly dividend of $0.155 per share, which translates to an annualized rate of $0.62 and a yield of 1.02%. The payout ratio is 49.21%.

About Wheaton Precious Metals

Wheaton Precious Metals focuses on the sale of gold, silver, palladium, and cobalt across North America, Europe, and South America.

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