What is Scotiabank’s Forecast for TSE:WPM FY2025 Earnings?

Wheaton Precious Metals Corp. (TSE:WPM) – Scotiabank raised their FY2025 earnings estimates for shares of Wheaton Precious Metals in a report issued on Thursday, March 12th. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $3.98 per share for the year, up from their prior forecast of $3.72. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2026 earnings at $5.72 EPS and FY2027 earnings at $6.28 EPS.

Wheaton Precious Metals (TSE:WPM) last announced its earnings results on Thursday, March 12th. The company reported C$1.64 earnings per share for the quarter. Wheaton Precious Metals had a net margin of 54.72% and a return on equity of 13.12%. The company had revenue of C$1.16 billion during the quarter.

Several other research analysts have also recently weighed in on WPM. Stifel Nicolaus boosted their price objective on shares of Wheaton Precious Metals from C$205.00 to C$240.00 in a research report on Tuesday, February 10th. TD Securities decreased their price objective on Wheaton Precious Metals from C$165.00 to C$164.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Royal Bank Of Canada raised Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 target price for the company in a research note on Wednesday, December 10th. Peel Hunt boosted their target price on Wheaton Precious Metals from C$165.00 to C$240.00 in a research report on Monday, February 2nd. Finally, Canaccord Genuity Group upped their price target on Wheaton Precious Metals from C$220.00 to C$235.00 in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Wheaton Precious Metals presently has a consensus rating of “Buy” and an average price target of C$179.86.

Wheaton Precious Metals Price Performance

WPM opened at C$198.85 on Friday. Wheaton Precious Metals has a one year low of C$96.18 and a one year high of C$226.68. The company’s 50 day simple moving average is C$195.11 and its 200-day simple moving average is C$164.38. The stock has a market capitalization of C$90.28 billion, a P/E ratio of 90.26 and a beta of 1.08.

About Wheaton Precious Metals

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Wheaton currently has streaming agreements for 21 operating mines and 13 development stage projects. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and a silver stream on Newmont’s Penasquito mine.