Wheaton Precious Metals (TSX:WPM) - Stock Price, News & Analysis

WPM Stock Overview

Primarily sells precious metals in North America, Europe, and South America.

WPM fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Earnings are forecast to grow 3.19% per year

Risk Analysis

WPM passed our risk checks.

Wheaton Precious Metals Corp. Competitors

Barrick Gold

TSX:ABX

CA$42.7b

Kinross Gold

TSX:K

CA$13.8b

Alamos Gold

TSX:AGI

CA$9.4b

Eldorado Gold

TSX:ELD

CA$4.6b

Price History & Performance

Summary of all time highs, changes and price drops for Wheaton Precious Metals
Historical stock prices
Current Share Price	CA$77.47
52 Week High	CA$78.95
52 Week Low	CA$52.15
Beta	0.63
1 Month Change	9.75%
3 Month Change	45.10%
1 Year Change	26.77%
3 Year Change	32.93%
5 Year Change	176.98%
Change since IPO	1,965.87%

Wheaton Precious Metals Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 13

Recent updates

Wheaton Precious Metals Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 13

Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

Apr 16

Are Wheaton Precious Metals Corp. (TSE:WPM) Investors Paying Above The Intrinsic Value?

Feb 13

Wheaton Precious Metals Corp.'s (TSE:WPM) Business Is Trailing The Market But Its Shares Aren't

Jan 26

Returns At Wheaton Precious Metals (TSE:WPM) Are On The Way Up

Jan 04

Investors Will Want Wheaton Precious Metals' (TSE:WPM) Growth In ROCE To Persist

Sep 15

Calculating The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)

Aug 01

Is Wheaton Precious Metals Corp. (TSE:WPM) Expensive For A Reason? A Look At Its Intrinsic Value

Apr 25

Robust Earnings May Not Tell The Whole Story For Wheaton Precious Metals (TSE:WPM)

Nov 10

Investors Will Want Wheaton Precious Metals' (TSE:WPM) Growth In ROCE To Persist

Nov 03

Here's Why We Think Wheaton Precious Metals (TSE:WPM) Might Deserve Your Attention Today

Sep 08

Are Investors Undervaluing Wheaton Precious Metals Corp. (TSE:WPM) By 36%?

Aug 11

We Like These Underlying Return On Capital Trends At Wheaton Precious Metals (TSE:WPM)

Jul 29

Do Wheaton Precious Metals's (TSE:WPM) Earnings Warrant Your Attention?

Jun 02

Are Wheaton Precious Metals Corp. (TSE:WPM) Investors Paying Above The Intrinsic Value?

May 13

Wheaton Precious Metals (TSE:WPM) Is Doing The Right Things To Multiply Its Share Price

Apr 29

Here's Why I Think Wheaton Precious Metals (TSE:WPM) Might Deserve Your Attention Today

Feb 21

Estimating The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)

Feb 08

Shareholder Returns

	WPM	CA Metals and Mining	CA Market
7D	1.8%	0.1%	0.3%
1Y	26.8%	10.5%	12.5%

Return vs Industry: WPM exceeded the Canadian Metals and Mining industry which returned 12.4% over the past year.

Return vs Market: WPM exceeded the Canadian Market which returned 11.8% over the past year.

Price Volatility

Is WPM's price volatile compared to industry and market?
WPM volatility
WPM Average Weekly Movement	3.4%
Metals and Mining Industry Average Movement	11.2%
Market Average Movement	8.9%
10% most volatile stocks in CA Market	17.9%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: WPM's share price has been volatile over the past 3 months.

Volatility Over Time: WPM's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	42	Randy V. Smallwood	www.wheatonpm.com

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. Fundamentals Summary

How do Wheaton Precious Metals's earnings and revenue compare to its market cap?
WPM fundamental statistics
Market cap	CA$35.78b
Earnings (TTM)	CA$808.12m
Revenue (TTM)	CA$1.50b

43.5x

P/E Ratio

23.4x

P/S Ratio

Is WPM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WPM income statement (TTM)
Revenue	US$1.10b
Cost of Revenue	US$237.76m
Gross Profit	US$860.62m
Other Expenses	US$270.33m
Earnings	US$590.29m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 08, 2024

Earnings per share (EPS)	1.30
Gross Margin	78.35%
Net Profit Margin	53.74%
Debt/Equity Ratio	0%

How did WPM perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

46%

Payout Ratio

Does WPM pay a reliable dividends?

See WPM dividend history and benchmarks

When do you need to buy WPM by to receive an upcoming dividend?
Wheaton Precious Metals dividend dates
Ex Dividend Date	May 29 2024
Dividend Pay Date	Jun 11 2024
Days until Ex dividend	5 days
Days until Dividend pay date	18 days

Does WPM pay a reliable dividends?

See WPM dividend history and benchmarks

WPM Stock Overview

Rewards

Risk Analysis

Wheaton Precious Metals Corp. Competitors

TSX:ABX

CA$42.7b

TSX:K

CA$13.8b

TSX:AGI

CA$9.4b

TSX:ELD

CA$4.6b

Price History & Performance

Recent News & Updates

Senior VP & CFO exercised options and sold CA$1.6m worth of stock

First quarter dividend of US$0.15 announced

Wheaton Precious Metals Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Wheaton Precious Metals Corp. Approves the Election of Srinivasan Venkatakrishnan as Director

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

An unknown buyer acquired 5% stake in Hecla Mining Company (NYSE:HL) from Wheaton Precious Metals Corp. (TSX:WPM) for approximately $180 million.

Recent updates

Senior VP & CFO exercised options and sold CA$1.6m worth of stock

First quarter dividend of US$0.15 announced

Wheaton Precious Metals Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Wheaton Precious Metals Corp. Approves the Election of Srinivasan Venkatakrishnan as Director

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

An unknown buyer acquired 5% stake in Hecla Mining Company (NYSE:HL) from Wheaton Precious Metals Corp. (TSX:WPM) for approximately $180 million.

Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

Now 23% overvalued after recent price rise

President exercised options and sold CA$2.4m worth of stock

Fourth quarter dividend of US$0.15 announced

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Wheaton Precious Metals Corp. Declares Dividend, Payable on or About April 15, 2024

Wheaton Precious Metals Corp. to Report Q3, 2024 Results on Nov 07, 2024

Wheaton Precious Metals Corp., Annual General Meeting, May 10, 2024

Are Wheaton Precious Metals Corp. (TSE:WPM) Investors Paying Above The Intrinsic Value?

Wheaton Precious Metals Corp.'s (TSE:WPM) Business Is Trailing The Market But Its Shares Aren't

Returns At Wheaton Precious Metals (TSE:WPM) Are On The Way Up

Wheaton Precious Metals and Vale Base Metals Announce Achievement of First Phase Completion Test at Salobo

Wheaton Precious Metals and Vale Base Metals Announce Achievement of First Phase Completion Test at Salobo

Upcoming dividend of US$0.15 per share at 1.3% yield

Wheaton Precious Metals Corp. Provides Production Guidance for the Full Year 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Wheaton Precious Metals Corp. Declares Dividend for the Fourth Quarter of 2023, Payable on or About December 8, 2023

New minor risk - Shareholder dilution

Investors Will Want Wheaton Precious Metals' (TSE:WPM) Growth In ROCE To Persist

Upcoming dividend of US$0.15 per share at 1.4% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Wheaton Precious Metals Corp. Provides Production Guidance for the Year 2023

Calculating The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)

Wheaton Precious Metals Corp. Announces Demise of John Brough, Board Member

Wheaton Precious Metals Corp. Elects Jeane Hull as Director

Upcoming dividend of US$0.15 per share at 1.2% yield

Wheaton Precious Metals Corp. Confirms Retirements of Eduardo Luna and John Brough from its Board of Directors

Wheaton Precious Metals Corp. Declares Second Quarterly Cash Dividend for 2023, Payable on or About June 2, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Is Wheaton Precious Metals Corp. (TSE:WPM) Expensive For A Reason? A Look At Its Intrinsic Value

Independent Director recently sold CA$197k worth of stock

Non Independent Director recently bought CA$118k worth of stock

Insider exercised options and sold CA$1.3m worth of stock

Upcoming dividend of US$0.15 per share at 1.4% yield

Full year 2022 earnings released: EPS: US$1.48 (vs US$1.68 in FY 2021)

Here's Why Wheaton Precious Metals (TSE:WPM) Has Caught The Eye Of Investors

Wheaton Precious Metals Corp., Annual General Meeting, May 12, 2023

Returns Are Gaining Momentum At Wheaton Precious Metals (TSE:WPM)

Insider exercised options and sold CA$916k worth of stock

Senior VP & CFO exercised options and sold CA$525k worth of stock

Here's Why We Think Wheaton Precious Metals (TSE:WPM) Is Well Worth Watching

Senior VP & CFO exercised options and sold CA$591k worth of stock

A Look At The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)

Investor sentiment improved over the past week

Upcoming dividend of US$0.15 per share

Robust Earnings May Not Tell The Whole Story For Wheaton Precious Metals (TSE:WPM)

Third quarter 2022 earnings released: EPS: US$0.43 (vs US$0.30 in 3Q 2021)

Glencore plc (LSE:GLEN) entered into an agreement to acquire Yauliyacu Mine from Wheaton Precious Metals Corp. (TSX:WPM) for $150 million.

Wheaton Precious Metals Corp. Provides Production Guidance for the Year 2022

Investors Will Want Wheaton Precious Metals' (TSE:WPM) Growth In ROCE To Persist

Investor sentiment improved over the past week

Hecla Mining Company (NYSE:HL) completed the acquisition of remaining 95.1% stake in Alexco Resource Corp. (TSX:AXU) from Wheaton Precious Metals Corp. (TSX:WPM) and others.