Stifel Canada Has Bullish Forecast for WPM FY2026 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities researchers at Stifel Canada boosted their FY2026 EPS estimates for shares of Wheaton Precious Metals in a note issued to investors on Tuesday, February 4th. Stifel Canada analyst I. Rico now expects that the company will post earnings of $1.99 per share for the year, up from their previous forecast of $1.96. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

Several other analysts also recently issued reports on the company. TD Securities boosted their price objective on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Raymond James boosted their price target on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the company an “outperform” rating in a report on Friday, October 25th. National Bank Financial raised shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 10th. Finally, UBS Group started coverage on shares of Wheaton Precious Metals in a research note on Monday, November 18th. They set a “buy” rating and a $78.00 target price on the stock. Nine analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $71.67.

Wheaton Precious Metals Price Performance

Shares of WPM opened at $65.92 on Thursday. The stock has a market capitalization of $29.91 billion, a P/E ratio of 49.19, a P/E/G ratio of 1.61 and a beta of 0.77. Wheaton Precious Metals has a 12-month low of $38.57 and a 12-month high of $68.64. The firm’s 50 day moving average is $59.48 and its 200-day moving average is $60.71.

Wheaton Precious Metals (NYSE:WPM) last released its earnings results on Friday, November 8th. The company reported $0.34 EPS for the quarter, meeting the consensus estimate of $0.34. The firm had revenue of $308.25 million for the quarter, compared to analysts’ expectations of $324.57 million. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. During the same quarter last year, the company earned $0.27 EPS.

Institutional Investors Weigh In On Wheaton Precious Metals

Large investors have recently bought and sold shares of the business. Versant Capital Management Inc bought a new stake in shares of Wheaton Precious Metals during the 4th quarter worth about $29,000. Laurel Wealth Advisors LLC acquired a new position in Wheaton Precious Metals during the fourth quarter valued at approximately $39,000. GAMMA Investing LLC bought a new position in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $41,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Wheaton Precious Metals in the third quarter worth $48,000. Finally, Kestra Investment Management LLC bought a new stake in shares of Wheaton Precious Metals during the 4th quarter worth $53,000. 70.34% of the stock is currently owned by institutional investors.

About Wheaton Precious Metals

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.