What is Stifel Canada’s Estimate for WPM Q4 Earnings?

Wheaton Precious Metals Corp. (NYSE:WPM) – Stifel Canada issued their Q4 2024 earnings estimates for shares of Wheaton Precious Metals in a report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico expects that the company will post earnings per share of $0.44 for the quarter. 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. Stifel Canada also issued estimates for Wheaton Precious Metals’ FY2025 earnings at $1.86 EPS.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.34 EPS for the quarter, meeting analysts’ consensus estimates of $0.34. The business had revenue of $308.25 million for the quarter, compared to analyst estimates 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 business earned $0.27 earnings per share.

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

Wheaton Precious Metals Stock Performance

Shares of NYSE WPM opened at $66.87 on Friday. Wheaton Precious Metals has a 1 year low of $38.57 and a 1 year high of $68.64. The firm has a market cap of $30.34 billion, a P/E ratio of 49.91, a PEG ratio of 1.61 and a beta of 0.77. The stock has a fifty day moving average price of $59.58 and a two-hundred day moving average price of $60.75.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of large investors have recently made changes to their positions in WPM. Versant Capital Management Inc purchased a new position in Wheaton Precious Metals during the 4th quarter worth approximately $29,000. Promus Capital LLC acquired a new stake in shares of Wheaton Precious Metals in the fourth quarter worth $32,000. Laurel Wealth Advisors LLC purchased a new position in shares of Wheaton Precious Metals during the fourth quarter valued at $39,000. Quintet Private Bank Europe S.A. acquired a new position in Wheaton Precious Metals during the fourth quarter valued at $39,000. Finally, GAMMA Investing LLC purchased a new stake in Wheaton Precious Metals in the 4th quarter worth about $41,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

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.