Wheaton Precious Metals (WPM) News
Market Cap: $34.45B
Avg Volume: 1.56M
Industry: Gold
Sector: Basic Materials
WPM Q4 Earnings Match Estimates, Revenues Rise Y/Y on Higher Prices
Wheaton Precious' Q4 top line reflects an increased average realized gold equivalent price, which offset the impact of lower gold equivalent ounces sold.
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Wheaton Precious Metals: A Super Star In The Royalty Space
Wheaton Precious Metals achieved record revenue, adjusted net earnings, and operating cash flow in 2024, driven by a diversified portfolio and outperformances at Salobo and Constancia. The company added four new streams, projecting a 40% increase in annual production to 870,000 GEOs over the next five years, signaling strong future growth. Financially robust with $818 million in cash, no debt, and a $2 billion credit facility, Wheaton is well-positioned for further deals and potential acquisitions.
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Wheaton Precious Metals Corp. (WPM) Q4 2024 Earnings Call Transcript
Wheaton Precious Metals Corp. (NYSE:WPM ) Q4 2024 Earnings Conference Call March 14, 2025 11:00 AM ET Company Participants Emma Murray - VP of IR Randy Smallwood - President and CEO Gary Brown - SVP and CFO Haytham Hodaly - SVP, Corporate Development Wesley Carson - VP, Mining Operations Conference Call Participants Lawson Winder - Bank of America Tanya Jakusconek - Scotia Bank Brian MacArthur - Raymond James Daniel Major - UBS Will Dalby - Berenberg Martin Pradier - Veritas Operator Good morning, ladies and gentlemen. Thank you for standing by.
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Wheaton Precious Metals CEO: Gold's strength is from central banks and much stronger retail interest
Randy Smallwood, Wheaton Precious Metals CEO, joins 'Money Movers' to discuss how investors should think about Gold and the company's growth perspective, how to think of the price of the metal, and much more.
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Wheaton Precious Metals (WPM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Wheaton Precious Metals (WPM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Wheaton Precious Metals Corp. (WPM) Q4 Earnings Meet Estimates
Wheaton Precious Metals Corp. (WPM) came out with quarterly earnings of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.36 per share a year ago.
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DIVIDEND DECLARATION - Wheaton Precious Metals Announces Increase to Quarterly Dividend
VANCOUVER, BC , March 13, 2025 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its first quarterly cash dividend payment for 2025 of US$0.165 per common share, a 6.5% increase from the fourth quarterly cash dividend payment for 2024 of US$0.155 per common share. The Company declared record dividends during 2024, totaling US$0.62 per common share.
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Wheaton World Wide Moving Names Driver of the Year
Tennessee driver among the best in the moving industry Indianapolis, Indiana--(Newsfile Corp. - March 13, 2025) - Announced Thursday, February 27, at its sixth annual Van Line Summit & Awards Gala, Wheaton World Wide Moving awarded top driving honors to Bob Krumpols of Preferred Movers of TN, Inc., in Crossville, Tenn., with the Driver of the Year award.
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Wheaton Precious Metals Corp. (WPM) Reports Next Week: Wall Street Expects Earnings Growth
Wheaton Precious Metals (WPM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Wheaton Precious Metals Announces Winner of its Inaugural Future of Mining Challenge
VANCOUVER, BC , March 4, 2025 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce the winner of its inaugural Future of Mining Challenge. ReThink Milling Inc. has been awarded US $1 million for its Conjugate Anvil Hammer Mill (CAHM) and MonoRoll technologies, which have the potential to revolutionize the milling process.
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SSRM or WPM: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Mining - Miscellaneous sector might want to consider either SSR Mining (SSRM) or Wheaton Precious Metals Corp. (WPM). But which of these two stocks presents investors with the better value opportunity right now?
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Wheaton Precious Metals: Beneficiary Of The Basel III Endgame
Wheaton Precious Metals Corp. is a metal streaming company specializing in gold, silver, and palladium. The company's unique business model minimizes operational risks compared to traditional mining companies. Wheaton's strong financial performance and strategic partnerships enhance its growth potential.
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Wheaton Precious Metals Exceeds 2024 Production Guidance and Provides 2025 and Long-Term Outlook, Projecting 40% Growth in the Next Five Years
TSX | NYSE | LSE: WPM wheatonpm.com VANCOUVER, BC , Feb. 18, 2025 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to report 2024 actual production of over 633,000 gold equivalent ounces2 ("GEOs"), exceeding the upper end of the 2024 production guidance range of 620,000 GEOs2. The Company also provides 2025 production guidance of 600,000 to 670,000 GEOs3 and forecasts growth of approximately 40% to 870,000 GEOs3 by 2029.
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Wheaton Precious Metals CEO: We will see $3,000 gold by the end of 2025
Randy Smallwood, Wheaton Precious Metals CEO, joins 'Money Movers' to discuss Smallwood's outlook for gold prices, concerns with the crypto space, and much more.
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Why Has Wheaton Stock Grown 29%?
Wheaton Precious Metals stock has risen 29% in the last one year, compared to the S&P500 index which has grown by 25%. This is higher growth compared to its peers, including Barrick Gold stock (NYSE: GOLD) which has risen 3%, Newmont Corporation (NYSE: NEM) which has grown by 21% during the same period.
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Wheaton Precious Metals Announces Chief Financial Officer Transition
VANCOUVER, BC , Jan. 9, 2025 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") today announced that Gary Brown will be stepping down from his role as Chief Financial Officer ("CFO"), effective March 31, 2025. As part of a planned leadership succession, Vincent Lau, Wheaton's Vice President of Finance, will be appointed CFO and will join the senior leadership team.
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Hold Tight: What Every Dividend Investor Needs To Know Now
In 2025, economic uncertainty is likely to remain high, with macro forces, inflation, and geopolitical risks shaping the market. The Fed's policies and rate hikes create challenges. Rising interest rates and high inflation, alongside the growing national debt, pose risks for both investors and the U.S. government. Volatile bond markets may worsen this situation. Despite short-term concerns, dividend growth stocks, particularly those with inflation protection, offer long-term opportunities. Quality cyclical stocks remain an attractive focus.
seekingalpha.com
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Inflation-Proof Profits: My Favorite Dividend Stocks For Any Market
Inflation poses a challenge to dividend investors. While stocks offer long-term protection, short-term volatility requires strategic stock picking. Companies with pricing power and low input costs are key. Focus on revenue growth and controlled operating expenses. Business models like royalties, exchange operators, and streamers offer unique advantages during inflationary times. My analysis highlights investments positioned to thrive in this environment, offering both stability and growth. Prioritizing favorable revenue and cost dynamics ensures long-term dividend success.
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Wheaton Precious Metals: Strong Trend, But Too Much Shine On The Stock Price
I have a hold rating on Wheaton Precious Metals Corp (WPM) due to its high valuation despite strong earnings growth and favorable technical trends. WPM's recent earnings report showed mixed results, with impressive revenue growth but a slight miss on Wall Street expectations. Key risks include lower precious metal prices, higher operational costs, and potential regulatory changes, though the company has significant liquidity.
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WPM Expands Portfolio With Gold Stream Acquisition of Kurmuk Project
Wheaton Precious Metals and its subsidiary sign a streaming agreement with Allied to move forward with the construction of the Kurmuk project.
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Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Allied Gold's Kurmuk Project
VANCOUVER, BC , Dec. 5, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd. ("WPMI") has entered into a definitive Precious Metals Purchase Agreement (the "Gold Stream") with Allied Gold Corporation and its wholly owned subsidiary Allied Gold Services Inc. (together, "Allied"), in respect of the Kurmuk Project located in Ethiopia (the "Project" or "Kurmuk").
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Buy, Sell Or Hold WPM Stock?
Wheaton Precious Metals stock has fared reasonably well this year, rising by about 29% year-to-date, ahead of the S&P 500. There have been a couple of factors helping Wheaton.
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Value In A Tricky Market - 3 Dividend (Growth) Stocks You'll Love
In an unpredictable market, finding reliable dividend growth is a challenge. This article zeroes in on three stocks that offer standout value and growth potential. Each stock has been selected for its resilience and strong fundamentals, even in a fluctuating economic landscape, giving dividend investors a stable edge. With these picks, investors can balance value with growth in today's market, making them smart, dependable options for long-term dividend strategies.
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Gold's weakness is helping to build a foundation under current prices: Wheaton CEO Randy Smallwood
Randy Smallwood, Wheaton Precious Metals CEO, joins 'Money Movers' to discuss what's feeding into the current price of gold, if there was a crisis bid embedded in the price of gold, and much more.
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Wheaton Precious Q3 Earnings Meet Estimates, Rise Y/Y on Higher Prices
WPM's Q3 top line reflects an increased average realized gold equivalent price and higher GEOs sold in the quarter.
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Wheaton Precious Metals Corp. (WPM) Q3 2024 Earnings Call Transcript
Wheaton Precious Metals Corp. (NYSE:WPM ) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants Emma Murray - Vice President of Investor Relations Randy Smallwood - President and Chief Executive Officer Gary Brown - Senior Vice President and Chief Financial Officer Haytham Hodaly - Senior Vice President, Corporate Development Wesley Carson - Vice President, Mining Operations Conference Call Participants Ralph Profiti - Eight Capital Tanya Jakusconek - Scotia Bank Lawson Winder - Bank of America Will Dalby - Berenberg Carey MacRury - Canaccord Genuity Operator Good morning, ladies and gentlemen. Thank you for standing by.
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Wheaton Precious Metals (WPM) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Wheaton Precious Metals (WPM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Wheaton Precious Metals Corp. (WPM) Matches Q3 Earnings Estimates
Wheaton Precious Metals Corp. (WPM) came out with quarterly earnings of $0.34 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.27 per share a year ago.
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DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend
VANCOUVER, BC , Nov. 7, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its fourth quarterly cash dividend payment for 2024 of US$0.155 per common share. The fourth quarterly cash dividend for 2024 will be paid to holders of record of Wheaton common shares as of the close of business on November 21, 2024, and will be distributed on or about December 6, 2024.
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Seeking Clues to Wheaton Precious Metals (WPM) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Wheaton Precious Metals (WPM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
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Wheaton Precious Metals Corp. (WPM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Wheaton Precious Metals (WPM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Gold Hits All-Time High on Election and Geopolitical Worries: 5 Dividend Stocks to Buy Now
24/7 Wall St. Insights Gold is hitting all-time highs as investors seek safety in a debt-ridden world.
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Wheaton Precious Metals Corp. (WPM) Is Up 9.52% in One Week: What You Should Know
Does Wheaton Precious Metals Corp. (WPM) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Will Wheaton Precious Metals (WPM) Beat Estimates Again in Its Next Earnings Report?
Wheaton Precious Metals (WPM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Wheaton Precious Metals to Release 2024 Third Quarter Results on November 7, 2024
VANCOUVER, BC , Oct. 9, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. will release its 2024 third quarter results on November 7, 2024, after market close. A conference call will be held on Friday, November 8, 2024, starting at 11:00 am ET (8:00 am PT) to discuss these results.
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NEXA or WPM: Which Is the Better Value Stock Right Now?
Investors with an interest in Mining - Miscellaneous stocks have likely encountered both Nexa Resources S.A. (NEXA) and Wheaton Precious Metals Corp. (WPM).
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Wheaton Precious Metals Hits 52-Week High: What's Driving the Stock?
WPM benefits from its diversified portfolio, and upticks in gold and silver prices.
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Wheaton Precious Metals Launches $1 Million Future of Mining Challenge
VANCOUVER, BC , Sept. 16, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce the launch of the inaugural Future of Mining Challenge, which will award US$1 million to a winning venture to advance their technology.
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If I Could Only Buy 2 Investments For The Next Year
Between soaring geopolitical risks, macroeconomic uncertainties, and impending Fed rate cuts, the markets are in a period of rapidly shifting dynamics. While I do not tend to invest with a single-year outlook, it is still worth taking current macro factors into account. I share two picks that, I believe, will offer very attractive risk-reward in the current environment.
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Wheaton | Bekins Announces New Vice President
Industry veteran offers guidance, experience to moving company leaders Indianapolis, Indiana--(Newsfile Corp. - September 9, 2024) - Wheaton | Bekins, the fourth largest van line in the country, taps April Milner, a seven-year employee of the van line with a long history in moving and storage, as its newest vice president. Milner, Wheaton | Bekins' new Vice President of Sales, Marketing & Move Management, brings a stellar resume to the role and shares much in common with moving company owners and employees in the network.
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Wheaton Precious Metals (WPM) Up 10.1% Since Last Earnings Report: Can It Continue?
Wheaton Precious Metals (WPM) reported earnings 30 days ago. What's next for the stock?
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SSRM vs. WPM: Which Stock Should Value Investors Buy Now?
Investors with an interest in Mining - Miscellaneous stocks have likely encountered both SSR Mining (SSRM) and Wheaton Precious Metals Corp. (WPM). But which of these two stocks is more attractive to value investors?
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A Superior Business Model: Why I Just Put Wheaton Precious Metals On My Watchlist
Wheaton Precious Metals uses a streaming model, financing mining projects in exchange for discounted future production, and avoiding operational risks. WPM's high margins, strong growth prospects, and focus on gold and silver make it a compelling investment compared to traditional miners. Despite a high valuation, WPM's fundamentals are solid, with robust dividends and exposure to low-risk jurisdictions, making it a top pick for gold exposure.
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Silver always outperforms - Wheaton's Randy Smallwood on precious metals
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
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Wheaton Precious Metals Announces Investor Day Webcast on September 24, 2024
VANCOUVER, BC , Aug. 22, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that it will host an Investor Day webcast on Tuesday, September 24, 2024, starting at 9:00am Eastern Time. Speakers will include Randy Smallwood, President and Chief Executive Officer, as well as the Wheaton Executive team.
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7 Stable Dividend Stocks to Scoop Up on Discount
Following the severe market falloff that began last month but accelerated this month, investors may want to consider the inherent comfort of stable dividend stocks. No, these ideas aren't the most glamorous in the world – far from it.
investorplace.com
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Wheaton (WPM) Q2 Earnings Beat Estimates, Revenues Up Y/Y
Wheaton's (WPM) Q2 top line reflects gains from an increase in average realized price, partially offset by lower GEOs sold.
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Wheaton Precious Metals (WPM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Wheaton Precious Metals (WPM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Wheaton Precious Metals Corp. (WPM) Q2 Earnings and Revenues Top Estimates
Wheaton Precious Metals Corp. (WPM) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.31 per share a year ago.
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What To Expect From Wheaton Precious Metals Q2 Results
Wheaton Precious Metals stock (NYSE: WPM) is poised to publish its Q2 2024 results on August 8, reporting on a quarter that saw gold prices move considerably higher. We estimate that the company's revenue will come in at about $312 million, up about 28% year-over-year, and slightly ahead of the consensus.
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Three Non-tech Stocks to Buy for the AI boom
Three Stocks to Buy as Silver Prices Soar
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SSRM vs. WPM: Which Stock Is the Better Value Option?
Investors with an interest in Mining - Miscellaneous stocks have likely encountered both SSR Mining (SSRM) and Wheaton Precious Metals Corp. (WPM). But which of these two companies is the best option for those looking for undervalued stocks?
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Gear Up for Wheaton Precious Metals (WPM) Q2 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Wheaton Precious Metals (WPM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
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Analysts Estimate Wheaton Precious Metals Corp. (WPM) to Report a Decline in Earnings: What to Look Out for
Wheaton Precious Metals (WPM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Are You Looking for a Top Momentum Pick? Why Wheaton Precious Metals Corp. (WPM) is a Great Choice
Does Wheaton Precious Metals Corp. (WPM) have what it takes to be a top stock pick for momentum investors? Let's find out.
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3 Overlooked Precious Metals Stocks to Quadruple Your Money by 2032
Investing in precious metals stocks can be both a rewarding and profitable experience. While these assets have historically served as a hedge against inflation, their true growth potential often remains untapped.
investorplace.com
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NEXA vs. WPM: Which Stock Is the Better Value Option?
Investors with an interest in Mining - Miscellaneous stocks have likely encountered both Nexa Resources S.A. (NEXA) and Wheaton Precious Metals Corp. (WPM).
zacks.com
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Why Wheaton Precious Metals (WPM) is Poised to Beat Earnings Estimates Again
Wheaton Precious Metals (WPM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Wheaton Precious Metals to Release 2024 Second Quarter Results on August 7, 2024
VANCOUVER, BC , July 3, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. will release its 2024 second quarter results on August 7, 2024, after market close. A conference call will be held on Thursday, August 8, 2024, starting at 8:00 am ET (5:00 am PT) to discuss these results.
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Wheaton Precious Metals Named Among Corporate Knights' 50 Best Corporate Citizens in Canada
Vancouver, BC , June 26, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that it has been named as one of Corporate Knights' 2024 Best 50 Corporate Citizens in Canada. "We are incredibly honoured to be ranked among the top 10 companies on Corporate Knights' annual list of the Best 50 Corporate Citizens in Canada," said Randy Smallwood, Wheaton's President and Chief Executive Officer.
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Wheaton Precious Metals Publishes 2023 Climate Change Report
VANCOUVER, BC , June 24, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce the publication of its 2023 Climate Change Report (the "Report"), prepared in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures ("TCFD"). The Report details how Wheaton is addressing climate change risks and opportunities, as well as potential climate-related impacts.
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You've Been Warned! 3 High-Risk, High-Reward Stocks to Buy Now or Regret Forever.
There are investors who are happy with slow and consistent yields. They prefer low-risk stocks that provide low gains over a more predictable period of time.
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Vista Gold Corp. Announces Receipt of the $10 Million Final Instalment Payment Under Wheaton Precious Metals Royalty
DENVER--(BUSINESS WIRE)--Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Vista Gold Australia Pty. Ltd. (“Vista Australia”) has received the third and final instalment payment of $10 million (“Final Instalment”) under the royalty agreement between Vista Australia and Wheaton Precious Metals (Cayman) Co., an affiliate of Wheaton Precious Metals Corp. (“Wheaton”) dated December 13, 2023 (“Royalty Agreement”), in rel.
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3 Gold Stocks to Buy as the Yellow Metal Explodes in Value
Alternative investments have seen plenty of interest in recent years, and unsurprisingly gold remains one of the top choices for investors. Gold is one of the world's oldest commodities and has kept retained its value over time.
investorplace.com
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Wheaton - Bekins Announces Jim Gaw as New President
Industry veteran brings operational, business development experience Indianapolis, Indiana--(Newsfile Corp. - June 12, 2024) - Wheaton | Bekins, the fourth largest van line in the country, taps Jim Gaw, a former Bekins Van Lines executive with a long history in moving and storage, as its new president. With a career spanning more than two decades in the industry, Gaw's proven track record of driving growth lends itself to a positive outlook for the Indianapolis-based van line.
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The New Norm: 7 Stocks to Buy for the Possibility of Permanent Inflation
We may have to deal with the unfortunate paradigm that these high prices may be permanent and if so, it's best to start strategizing for inflation stocks to buy. You see, the Federal Reserve might not be able to work its magic anymore.
investorplace.com
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3 Precious Metals Stocks to Own as the U.S. Dollar Declines
As the U.S. dollar experiences a gradual decline in purchasing power, investors are increasingly turning to precious metals stocks as a safe haven. Precious metals, like gold and silver, have historically served as a hedge against inflation and currency devaluation.
investorplace.com
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7 Gold Stocks to Buy Amid Alarming Fear Trade Signals
While the precious metals sector has been disregarded by many as an ancient relic, gold stocks to buy have represented an incredibly popular topic as of late. That's been helped by the fact that recently, the yellow metal reached an all-time high.
investorplace.com
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The Copper Trade Is Done. Buy These 8 ‘Greenflation' Stocks Instead.
Societe Generale says to consider shares of companies that mine the metal and other materials critical to the clean energy transition.
barrons.com
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The Commodity Kings: 3 Stocks to Dig Into Now
Investors have been navigating a complex financial landscape marked by persistent inflation and geopolitical uncertainties. Amid this backdrop, commodity stocks to buy remain a focal point.
investorplace.com
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Wheaton Precious Metals Publishes 2023 Sustainability Report
VANCOUVER, BC , May 23, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce the publication of its 2023 Sustainability Report (the "Report"). "Our 2023 Sustainability Report outlines Wheaton's commitment to embed ESG considerations in our decision-making processes and business operations, by upholding industry-leading best practices and focusing on investing in communities to drive positive outcomes," said Randy Smallwood, Wheaton's President and Chief Executive Officer.
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Q2 2024 EPS Estimates for Wheaton Precious Metals Corp. (TSE:WPM) Decreased by Zacks Research
Wheaton Precious Metals Corp. (TSE:WPM – Free Report) – Research analysts at Zacks Research dropped their Q2 2024 EPS estimates for shares of Wheaton Precious Metals in a research report issued on Friday, May 17th. Zacks Research analyst M. Das now expects that the company will earn $0.37 per share for the quarter, down from their previous forecast of $0.39. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.85 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2024 earnings at $0.39 EPS, Q4 2024 earnings at $0.43 EPS, Q1 2025 earnings at $0.44 EPS, Q1 2026 earnings at $0.44 EPS and FY2026 earnings at $1.81 EPS. Several other research analysts have also commented on WPM. Veritas Investment Research upped their price objective on Wheaton Precious Metals from C$67.00 to C$84.00 in a research note on Friday, April 12th. Canaccord Genuity Group lifted their price target on shares of Wheaton Precious Metals from C$80.00 to C$90.00 in a report on Tuesday, April 23rd. Peel Hunt lifted their target price on shares of Wheaton Precious Metals from C$74.00 to C$82.00 in a research note on Tuesday, April 30th. National Bank Financial lowered Wheaton Precious Metals from an “outperform market weight” rating to a “sector perform overweight” rating in a report on Wednesday, February 21st. Finally, Stifel Nicolaus raised their price target on shares of Wheaton Precious Metals from C$72.00 to C$80.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Get Our Latest Analysis on Wheaton Precious Metals Wheaton Precious Metals Stock Performance Wheaton Precious Metals stock opened at C$77.59 on Monday. The stock has a market capitalization of C$35.17 billion, a price-to-earnings ratio of 43.84 and a beta of 0.63. The business’s fifty day moving average is C$68.83. Wheaton Precious Metals has a twelve month low of C$52.15 and a twelve month high of C$78.15. Wheaton Precious Metals (TSE:WPM – Get Free Report) last announced its quarterly earnings results on Thursday, March 14th. The company reported C$0.49 earnings per share for the quarter, topping the consensus estimate of C$0.42 by C$0.07. The firm had revenue of C$426.80 million during the quarter, compared to analysts’ expectations of C$381.95 million. Wheaton Precious Metals had a net margin of 53.74% and a return on equity of 8.50%. Insider Buying and Selling In other news, Director Chantal Gosselin sold 2,000 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$76.50, for a total transaction of C$153,000.00. Following the sale, the director now directly owns 900 shares of the company’s stock, valued at approximately C$68,850. In other news, Senior Officer Haytham Henry Hodaly sold 16,500 shares of Wheaton Precious Metals stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$76.64, for a total value of C$1,264,560.00. Also, Director Chantal Gosselin sold 2,000 shares of the firm’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$76.50, for a total transaction of C$153,000.00. Following the completion of the transaction, the director now directly owns 900 shares in the company, valued at C$68,850. Over the last three months, insiders have sold 78,234 shares of company stock valued at $5,619,813. Corporate insiders own 0.13% of the company’s stock. Wheaton Precious Metals Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 11th. Investors of record on Wednesday, May 29th will be paid a $0.214 dividend. This is a boost from Wheaton Precious Metals’s previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, May 29th. Wheaton Precious Metals’s payout ratio is currently 48.02%. Wheaton Precious Metals Company Profile (Get Free Report) 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.
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Research Analysts Issue Forecasts for Wheaton Precious Metals Corp.’s Q2 2024 Earnings (NYSE:WPM)
Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) – Equities researchers at Zacks Research dropped their Q2 2024 EPS estimates for Wheaton Precious Metals in a note issued to investors on Friday, May 17th. Zacks Research analyst M. Das now expects that the company will post earnings of $0.27 per share for the quarter, down from their prior forecast of $0.28. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.28 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2024 earnings at $0.28 EPS, Q1 2026 earnings at $0.33 EPS and FY2026 earnings at $1.33 EPS. Wheaton Precious Metals (NYSE:WPM – Get Free Report) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.07. The firm had revenue of $296.80 million during the quarter, compared to analysts’ expectations of $278.95 million. Wheaton Precious Metals had a net margin of 53.74% and a return on equity of 8.53%. The firm’s revenue was up 38.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.23 EPS. WPM has been the subject of a number of other research reports. BMO Capital Markets decreased their price target on Wheaton Precious Metals from $61.00 to $59.00 and set an “outperform” rating for the company in a report on Wednesday, February 21st. Jefferies Financial Group upped their target price on shares of Wheaton Precious Metals from $52.00 to $61.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. TD Securities raised shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating and lifted their price target for the stock from $51.00 to $53.00 in a research note on Monday, March 18th. Scotiabank decreased their price objective on shares of Wheaton Precious Metals from $60.00 to $59.00 and set a “sector outperform” rating for the company in a research report on Wednesday, February 28th. Finally, Berenberg Bank raised their target price on Wheaton Precious Metals from $52.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, March 27th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $57.25. Check Out Our Latest Stock Analysis on Wheaton Precious Metals Wheaton Precious Metals Price Performance Shares of NYSE WPM opened at $57.01 on Monday. The company has a market capitalization of $25.84 billion, a price-to-earnings ratio of 43.85, a PEG ratio of 7.60 and a beta of 0.75. Wheaton Precious Metals has a 1-year low of $38.37 and a 1-year high of $57.33. The business has a 50-day moving average of $50.47 and a 200-day moving average of $47.71. Hedge Funds Weigh In On Wheaton Precious Metals Large investors have recently added to or reduced their stakes in the company. Fielder Capital Group LLC acquired a new stake in shares of Wheaton Precious Metals during the fourth quarter worth $1,046,000. Sprott Inc. boosted its stake in Wheaton Precious Metals by 4.8% in the third quarter. Sprott Inc. now owns 799,533 shares of the company’s stock valued at $32,421,000 after acquiring an additional 36,654 shares during the period. Douglas Lane & Associates LLC grew its holdings in shares of Wheaton Precious Metals by 31.4% during the fourth quarter. Douglas Lane & Associates LLC now owns 408,449 shares of the company’s stock valued at $20,153,000 after purchasing an additional 97,535 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Wheaton Precious Metals by 4.4% during the third quarter. Deutsche Bank AG now owns 3,623,133 shares of the company’s stock valued at $146,918,000 after purchasing an additional 152,826 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC acquired a new stake in shares of Wheaton Precious Metals during the 4th quarter worth approximately $1,509,000. 70.34% of the stock is currently owned by institutional investors. Wheaton Precious Metals Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 11th. Shareholders of record on Wednesday, May 29th will be paid a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a yield of 1.09%. The ex-dividend date is Wednesday, May 29th. Wheaton Precious Metals’s payout ratio is currently 47.69%. About Wheaton Precious Metals (Get Free Report) 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.
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Bullish On Gold? Don't Buy Gold Miners, Buy Wheaton Instead
Gold prices have surged, driving increased interest in gold as a hedge against catastrophe. For example, Costco sold $100 million in gold bars in 2023, contributing to its e-commerce sales growth. Wheaton Precious Metals (WPM) is a standout investment with its unique streaming model, offering exposure to rising gold and silver prices without operational risks.
seekingalpha.com
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Precious Metals Royalty And Streaming Companies: The April Report
The Precious Metals R&S Index grew by 3.98% in April. The Precious Metals R&S Equally Weighted Index grew by 1.84%. The best performance was recorded by Triple Flag Precious Metals; its share price grew by 11.49%.
seekingalpha.com
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Wheaton (WPM) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
Wheaton's (WPM) Q1 top line reflects the impacts of higher GEOs sold in the quarter.
zacks.com
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Wheaton Precious Metals Corp. (WPM) Q1 2024 Earnings Call Transcript
Wheaton Precious Metals Corp. (NYSE:WPM ) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Emma Murray - VP, Investor Relations Randy Smallwood - President and Chief Executive Officer Gary Brown - Senior Vice President & Chief Financial Officer Haytham Hodaly - Senior Vice President, Corporate Development Curt Bernardi - Senior Vice President, Legal and Corporate Secretary Wes Carson - Vice President, Mining Operations Conference Call Participants Ralph Profiti - Eight Capital Cosmos Chiu - CIBC World Markets Brian MacArthur - Raymond James Tanya Jakusconek - Scotiabank Richard Hatch - Berenberg Operator Good morning, ladies and gentlemen. Thank you for standing by.
seekingalpha.com
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Wheaton Precious Metals Announces Election of Directors and Approval of Special Matters and Welcomes New Board Member
VANCOUVER, BC , May 10, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") announces that the nominees listed below were elected to the Board of Directors at the 2024 Annual and Special Meeting of Shareholders, including the addition of Srinivasan Venkatakrishnan, or Venkat, who joins the board effective today. Detailed results of the vote for the Board of Directors of the Company are shown below.
prnewswire.com
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Wheaton Precious Metals (WPM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Wheaton Precious Metals (WPM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Wheaton Precious Metals Announces Quarterly Dividend
VANCOUVER, BC , May 9, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its second quarterly cash dividend payment for 2024 of US$0.155 per common share. The second quarterly cash dividend for 2024 will be paid to holders of record of Wheaton common shares as of the close of business on May 29, 2024, and will be distributed on or about June 11, 2024.
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Wheaton Precious Metals Announces First Quarter 2024 Results
Designated News Release FIRST QUARTER FINANCIAL RESULTS VANCOUVER, BC , May 9, 2024 /PRNewswire/ - "Wheaton delivered a robust quarter to start the year, generating over $219 million in operating cash flows, and underscoring the effectiveness of our business model in leveraging rising commodity prices while maintaining strong cash operating margins," said Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals. "Looking ahead, we continue to forecast peer-leading production growth of 40% by 2028, buoyed by several development projects in our portfolio, many of which achieved significant milestones during the quarter.
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3 Materials Stocks to Sell in May Before They Crash & Burn
The materials sector, which encompasses companies producing raw materials and basic resources, has recently been on a rollercoaster ride. While the sector benefited from the post-pandemic economic recovery and increased demand for commodities, the tides have started to turn for these materials stocks to sell.
investorplace.com
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Inflation Fighters: 3 Cheap Gold Stocks to Buy Now
With the April jobs report showing a slowdown in hiring, the narrative for gold stocks to buy took a hit. That's because a decelerating labor market is exactly what the Federal Reserve wants to see.
investorplace.com
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Unveiling Wheaton Precious Metals (WPM) Q1 Outlook: Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Wheaton Precious Metals (WPM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
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Up 9% This Year, Will Wheaton Stock Rally Further After Q1 Results?
Wheaton Precious Metals stock (NYSE: WPM) is poised to publish its Q1 2024 results in early May, reporting on a quarter that saw gold prices move considerably higher. We estimate that the company's revenue will come in at about $285 million for the quarter, marking an increase of about 33% versus last year, and slightly ahead of consensus estimates.
forbes.com
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Could Gold Hit $5000? Buy 6 Dividend Paying Stocks Wall Street Loves
Sponsored: Want to Retire Early?
247wallst.com
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7 Gold Stocks to Buy as the Fear Trade Kicks into High Gear
Gold stocks to buy benefit from both a near term and long-term approach. In the immediate framework, the yellow metal has been a stout performer.
investorplace.com
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Wheaton Precious Metals to Release 2024 First Quarter Results on May 9, 2024
VANCOUVER, BC, April 8, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. will release its 2024 first quarter results on Thursday, May 9, 2024, after market close. A conference call will be held on Friday, May 10, 2024, starting at 11:00 am ET (8:00 am PT) to discuss these results.
prnewswire.com
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Cash In on Silver Price Momentum with Wheaton Precious Metals Stock
Last week I put a spotlight on gold mining company Agnico Eagle Mines (NYSE: AEM ). Savvy investors should also consider cashing in on the red-hot rally in silver now.
investorplace.com
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Wheaton Precious Metals Provides Details of Annual and Special Meeting of Shareholders and Files Form 40-F
VANCOUVER, BC , March 28, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") announces that its Form 40-F report has been filed with the Securities and Exchange Commission and is available on EDGAR. The Company's 2023 audited financial statements, along with its Form 40-F, are also available on the Company's website at www.wheatonpm.com.
prnewswire.com
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Wheaton Precious (WPM) Gains on Solid Portfolio Amid Low Output
Wheaton Precious (WPM) benefits from its diversified portfolio despite lower output at some of its mines.
zacks.com
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