Wheaton Precious Metals ( NYSE:WPM – Free Report ) had its target price raised by TD Securities from $74.00 to $75.00 in a report issued on Friday, BayStreet.
CA reports. The brokerage currently has a buy rating on the stock. Several other brokerages also recently issued reports on WPM.
Scotiabank raised their price target on Wheaton Precious Metals from $66.50 to $72.00 and gave the stock a “sector outperform” rating in a report on Monday, August 19th.
Raymond James upped their price target on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th.
National Bank Financial upgraded shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 10th. Jefferies Financial Group upped their target price on shares of Wheaton Precious Metals from $67.00 to $77.
00 and gave the stock a “buy” rating in a research report on Friday, October 4th. Finally, Stifel Canada downgraded Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company.
According to MarketBeat, Wheaton Precious Metals currently has a consensus rating of “Moderate Buy” and an average target price of $70.88. Check Out Our Latest Report on Wheaton Precious Metals Wheaton Precious Metals Trading Down 5.
9 % Wheaton Precious Metals ( NYSE:WPM – Get Free Report ) last issued its quarterly earnings results on Friday, November 8th. The company reported $0.34 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.
34. The business had revenue of $308.25 million during the quarter, compared to the consensus estimate of $324.
57 million. Wheaton Precious Metals had a return on equity of 8.91% and a net margin of 50.
05%. During the same period in the previous year, the business earned $0.27 EPS.
As a group, equities analysts predict that Wheaton Precious Metals will post 1.44 earnings per share for the current fiscal year. Wheaton Precious Metals Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th.
Stockholders of record on Thursday, November 21st will be paid a $0.155 dividend. This represents a $0.
62 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Thursday, November 21st.
Wheaton Precious Metals’s dividend payout ratio is presently 46.27%. Institutional Inflows and Outflows Large investors have recently bought and sold shares of the company.
First Eagle Investment Management LLC grew its stake in shares of Wheaton Precious Metals by 1.4% in the 1st quarter. First Eagle Investment Management LLC now owns 21,403,409 shares of the company’s stock worth $1,008,743,000 after purchasing an additional 292,968 shares during the last quarter.
Van ECK Associates Corp grew its position in Wheaton Precious Metals by 1.0% in the second quarter. Van ECK Associates Corp now owns 19,984,984 shares of the company’s stock worth $1,047,621,000 after buying an additional 197,426 shares during the last quarter.
Vanguard Group Inc. lifted its position in shares of Wheaton Precious Metals by 1.7% during the 1st quarter.
Vanguard Group Inc. now owns 16,770,475 shares of the company’s stock valued at $790,392,000 after acquiring an additional 272,918 shares during the last quarter. Price T Rowe Associates Inc.
MD lifted its position in shares of Wheaton Precious Metals by 16.0% during the 1st quarter. Price T Rowe Associates Inc.
MD now owns 7,309,175 shares of the company’s stock valued at $344,483,000 after acquiring an additional 1,010,307 shares during the last quarter. Finally, TD Asset Management Inc boosted its stake in shares of Wheaton Precious Metals by 22.5% during the 2nd quarter.
TD Asset Management Inc now owns 5,950,317 shares of the company’s stock worth $311,920,000 after acquiring an additional 1,092,480 shares in the last quarter. Institutional investors own 70.34% of the company’s stock.
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.
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Wheaton Precious Metals (NYSE:WPM) Stock Price Expected to Rise, TD Securities Analyst Says
Wheaton Precious Metals (NYSE:WPM – Free Report) had its target price raised by TD Securities from $74.00 to $75.00 in a report issued on Friday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Several other brokerages also recently issued reports on WPM. Scotiabank raised their price target on Wheaton Precious Metals from [...]