Wheaton Precious Metals (TSE:WPM – Free Report) had its price target hoisted by Peel Hunt from C$82.00 to C$95.00 in a research note published on Wednesday, BayStreet.CA reports. They currently have a buy rating on the stock.
Other equities analysts also recently issued reports about the company. Canaccord Genuity Group lifted their price target on Wheaton Precious Metals from C$90.00 to C$100.00 in a research note on Tuesday, July 23rd. Eight Capital lifted their target price on Wheaton Precious Metals from C$95.00 to C$100.00 and gave the stock a buy rating in a research report on Thursday, September 26th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of Moderate Buy and an average price target of C$90.67.
Get Our Latest Research Report on WPM
Wheaton Precious Metals Trading Down 0.4 %
Wheaton Precious Metals (TSE:WPM – Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.45 EPS for the quarter, beating analysts’ consensus estimates of C$0.39 by C$0.06. The firm had revenue of C$409.19 million for the quarter, compared to the consensus estimate of C$400.03 million. Wheaton Precious Metals had a net margin of 50.44% and a return on equity of 8.16%. As a group, equities analysts predict that Wheaton Precious Metals will post 2.412993 earnings per share for the current fiscal year.
Wheaton Precious Metals Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were paid a dividend of $0.214 per share. The ex-dividend date was Wednesday, August 21st. This represents a $0.86 annualized dividend and a yield of 1.05%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 49.12%.
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.
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