Wheaton Precious Metals Corp. (WPM.TO) (TSE:WPM) – Stock analysts at Raymond James issued their FY2022 earnings per share (EPS) estimates for shares of Wheaton Precious Metals Corp. (WPM.TO) in a research note issued to investors on Monday, April 5th. Raymond James analyst B. Macarthur expects that the company will post earnings per share of $1.93 for the year. Raymond James has a “Outperform” rating and a $71.50 price objective on the stock.

Several other equities research analysts have also recently issued reports on WPM. CSFB reduced their target price on Wheaton Precious Metals Corp. (WPM.TO) from C$62.00 to C$52.00 in a report on Wednesday, March 3rd. Credit Suisse Group reduced their price objective on Wheaton Precious Metals Corp. (WPM.TO) to C$52.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 3rd. JPMorgan Chase & Co. boosted their price objective on Wheaton Precious Metals Corp. (WPM.TO) from C$73.00 to C$75.00 and gave the stock an “overweight” rating in a research note on Monday, March 15th. Royal Bank of Canada reissued an “outperform” rating on shares of Wheaton Precious Metals Corp. (WPM.TO) in a research note on Friday, March 12th. Finally, Canaccord Genuity reduced their price objective on Wheaton Precious Metals Corp. (WPM.TO) from C$82.00 to C$78.00 in a research note on Tuesday, February 9th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Wheaton Precious Metals Corp. (WPM.TO) currently has an average rating of “Buy” and a consensus target price of C$72.64.

Shares of WPM stock opened at C$51.26 on Thursday. Wheaton Precious Metals Corp. has a 12-month low of C$40.55 and a 12-month high of C$76.69. The company has a current ratio of 6.48, a quick ratio of 6.37 and a debt-to-equity ratio of 3.48. The stock’s 50-day moving average price is C$48.09 and its 200-day moving average price is C$54.82. The stock has a market capitalization of C$23.06 billion and a price-to-earnings ratio of 45.44.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 13th. Shareholders of record on Friday, March 26th will be given a dividend of $0.166 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Thursday, March 25th. This is a positive change from Wheaton Precious Metals Corp. (WPM.TO)’s previous quarterly dividend of $0.16. Wheaton Precious Metals Corp. (WPM.TO)’s payout ratio is 37.23%.

In other Wheaton Precious Metals Corp. (WPM.TO) news, Director Douglas Martin Holtby sold 3,285 shares of the business’s stock in a transaction that occurred on Tuesday, March 16th. The stock was sold at an average price of C$49.12, for a total transaction of C$161,359.86. Following the completion of the transaction, the director now owns 43,157 shares in the company, valued at C$2,119,880.47. Also, Senior Officer Curzio Domenico Bernardi sold 4,015 shares of the business’s stock in a transaction that occurred on Thursday, March 25th. The shares were sold at an average price of C$46.98, for a total value of C$188,641.56. Following the transaction, the insider now owns 5,900 shares of the company’s stock, valued at approximately C$277,206.78. Insiders have sold 134,015 shares of company stock valued at $6,586,592 in the last 90 days.

Wheaton Precious Metals Corp. (WPM.TO) Company Profile

Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, and palladium ores. It has agreements for 20 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp.

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Earnings History and Estimates for Wheaton Precious Metals Corp. (WPM.TO) (TSE:WPM)

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