Zacks Research Has Bullish Estimate for TSE:WPM Q2 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Analysts at Zacks Research raised their Q2 2026 earnings estimates for Wheaton Precious Metals in a research note issued to investors on Thursday, June 18th. Zacks Research analyst Team now expects that the company will earn $1.57 per share for the quarter, up from their prior estimate of $1.47. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2026 earnings at $1.58 EPS, Q4 2026 earnings at $1.57 EPS, FY2026 earnings at $6.52 EPS, Q1 2027 earnings at $1.55 EPS, Q2 2027 earnings at $1.57 EPS, Q3 2027 earnings at $1.75 EPS, Q4 2027 earnings at $1.97 EPS, FY2027 earnings at $6.84 EPS and Q1 2028 earnings at $1.34 EPS.

Wheaton Precious Metals (TSE:WPM) last released its quarterly earnings results on Thursday, May 7th. The company reported C$1.78 earnings per share (EPS) for the quarter. Wheaton Precious Metals had a return on equity of 21.32% and a net margin of 65.55%.The firm had revenue of C$1.25 billion for the quarter.

Several other research analysts also recently weighed in on WPM. Stifel Nicolaus lifted their target price on Wheaton Precious Metals from C$240.00 to C$250.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. UBS Group upgraded Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 27th. BMO Capital Markets upped their price target on Wheaton Precious Metals from C$240.00 to C$250.00 in a research note on Wednesday, April 22nd. National Bank Financial increased their price target on Wheaton Precious Metals from C$240.00 to C$245.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. Finally, TD Securities lifted their price objective on shares of Wheaton Precious Metals from C$164.00 to C$165.00 and gave the company a “buy” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, Wheaton Precious Metals has an average rating of “Buy” and a consensus target price of C$205.62.

Wheaton Precious Metals Stock Down 2.9%

Shares of WPM stock opened at C$173.01 on Friday. The stock’s 50-day moving average price is C$182.29 and its 200 day moving average price is C$182.32. The stock has a market capitalization of C$78.57 billion, a PE ratio of 43.72 and a beta of 1.27. Wheaton Precious Metals has a 52-week low of C$117.13 and a 52-week high of C$226.68.

Insider Buying and Selling

In other Wheaton Precious Metals news, insider Vincent Chun Yip Lau acquired 225 shares of the stock in a transaction on Friday, May 15th. The shares were bought at an average price of C$176.85 per share, with a total value of C$39,791.25. Following the acquisition, the insider owned 1,065 shares of the company’s stock, valued at C$188,345.25. This trade represents a 26.79% increase in their ownership of the stock. 0.13% of the stock is currently owned by insiders.

Wheaton Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, June 9th were given a $0.195 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 17.44%.

Wheaton Precious Metals News Roundup

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Zacks Research lifted its earnings estimates for FY2026 to $6.52 per share from $6.16, suggesting stronger expected profitability for Wheaton Precious Metals.
• Positive Sentiment: The firm also raised its FY2027 EPS forecast to $6.84 from $6.49, reinforcing a positive longer-term outlook for WPM.
• Positive Sentiment: Quarterly estimates were increased for several periods, including Q2 2026 ($1.57 vs. $1.47), Q3 2026 ($1.58 vs. $1.47), Q4 2026 ($1.57 vs. $1.47), Q1 2027 ($1.55 vs. $1.47), Q2 2027 ($1.57 vs. $1.46), Q3 2027 ($1.75 vs. $1.64), and Q4 2027 ($1.97 vs. $1.92), indicating broad-based analyst optimism.
• Neutral Sentiment: The latest updates are from a single analyst firm, so investors may wait for broader consensus revisions before the stock sees a stronger reaction.

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.