Edison Inv. Res Has Weak Outlook for TSE:WPM FY2025 Earnings

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

WPM has been the topic of several other reports. CIBC upped their target price on Wheaton Precious Metals from C$85.00 to C$88.00 and gave the company an “outperform” rating in a research report on Friday, March 14th. National Bankshares increased their price objective on Wheaton Precious Metals from C$115.00 to C$120.00 and gave the company an “outperform” rating in a report on Monday, March 17th. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. Peel Hunt increased their price target 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, TD Securities lifted their price objective on shares of Wheaton Precious Metals from C$78.00 to C$83.00 and gave the company a “buy” rating in a research note on Friday, March 14th. Six equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Wheaton Precious Metals currently has a consensus rating of “Buy” and an average price target of C$98.38.

Wheaton Precious Metals Trading Down 1.5 %

TSE:WPM opened at C$109.95 on Monday. Wheaton Precious Metals has a twelve month low of C$65.01 and a twelve month high of C$112.21. The company has a market cap of C$34.87 billion, a PE ratio of 57.21 and a beta of 0.70. The company’s 50 day moving average is C$99.19 and its two-hundred day moving average is C$90.24.

Wheaton Precious Metals Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders 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 dividend yield of 0.60%. The ex-dividend date is Tuesday, April 1st. Wheaton Precious Metals’s dividend payout ratio (DPR) is 43.71%.

Wheaton Precious Metals Company Profile

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.