Edison Inv. Res Has Pessimistic Outlook of WPM Q2 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities researchers at Edison Inv. Res lowered their Q2 2026 earnings estimates for shares of Wheaton Precious Metals in a report issued on Tuesday, July 28th. Edison Inv. Res analyst L. Ashbourne now anticipates that the company will post earnings per share of $1.16 for the quarter, down from their previous estimate of $1.34. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.73 per share. Edison Inv. Res also issued estimates for Wheaton Precious Metals’ FY2027 earnings at $3.35 EPS.

Wheaton Precious Metals (NYSE:WPM) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.04. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The firm had revenue of $901.47 million for the quarter, compared to the consensus estimate of $868.35 million. During the same quarter in the prior year, the company posted $0.55 earnings per share. The business’s revenue was up 91.7% on a year-over-year basis.

Other research analysts have also issued research reports about the company. Jefferies Financial Group dropped their target price on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Royal Bank Of Canada decreased their target price on Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Berenberg Bank set a $157.00 price target on shares of Wheaton Precious Metals in a research note on Tuesday. Weiss Ratings lowered Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. Finally, Scotiabank cut their price objective on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Wheaton Precious Metals has an average rating of “Moderate Buy” and a consensus target price of $165.55.

Wheaton Precious Metals Price Performance

Shares of NYSE WPM opened at $109.47 on Wednesday. The company has a 50-day moving average price of $116.86 and a 200-day moving average price of $131.53. The stock has a market capitalization of $49.72 billion, a P/E ratio of 27.64, a P/E/G ratio of 2.02 and a beta of 0.55. Wheaton Precious Metals has a 1 year low of $90.39 and a 1 year high of $165.76.

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals’s payout ratio is 19.70%.

Hedge Funds Weigh In On Wheaton Precious Metals

Hedge funds and other institutional investors have recently modified their holdings of the stock. Assetmark Inc. boosted its position in shares of Wheaton Precious Metals by 144.4% during the fourth quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after purchasing an additional 130 shares in the last quarter. Harvest Fund Management Co. Ltd grew its stake in Wheaton Precious Metals by 100.0% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock worth $27,000 after purchasing an additional 117 shares during the period. Cary Street Partners Investment Advisory LLC bought a new position in Wheaton Precious Metals in the fourth quarter worth $28,000. Cornerstone Planning Group LLC raised its holdings in Wheaton Precious Metals by 245.5% in the first quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock worth $29,000 after purchasing an additional 162 shares in the last quarter. Finally, Navalign LLC purchased a new position in Wheaton Precious Metals during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.