Wheaton Precious Metals (WPM) Stock Forecast & Price Target
WPM$124.00-2.58 -2.03%
$56.31B
Market Cap
28.00
P/E
27.29
Forward P/E
56
Score
Wheaton Precious Metals (WPM) Stock Forecast & Price Target
WPM price $124.00 -2.58 -2.03%
- Ticker
- WPM
- Price
- $124.00
- Change
- -2.58 -2.03%
- Market cap ?
- $56.31B
- P/E ?
- 28.00
- Forward P/E ?
- 27.29
- Dividend yield ?
- 0.59%
- Beta ?
- 1.24
- Sector
- Basic Materials
- Industry
- Gold
- Stocklytics score
- 56
- Value
- 33
- Quality
- 61
- Growth
- 75
Stocklytics score rationale: value 33, quality 61, growth 75.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 891557000 | 843215000 | 794012000 | 861332000 | 1096224000 | 1201665000 | 1065053000 | 1016045000 | 1284639000 | 2355118308 |
Wheaton Precious Metals Corp. functions as a streaming enterprise, primarily engaged in the global distribution of valuable metals. Its offerings encompass deposits of gold, silver, palladium, and cobalt. The company maintains a substantial portfolio, holding stakes in 23 operational mines and an additional 13 development ventures. Founded in 2004, the firm's headquarters are located in Vancouver, Canada. It…
Fair value
WPM fair value $95.11. Price $124.00. Price is 30% above fair value.
Above fair value, but less expensive than usual. A smaller premium than on 68% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.63B. Growth 15.13%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.14% (beta 1.2). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 454.16M. Net debt -1.14B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Free cash flow adds back growth capex above depreciation.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.93 | — | 800.21M |
| 2026-08-06 | 1.19 | 1.15 | 929.20M | 879.29M |
| 2026-05-07 | 1.28 | 1.24 | 901.47M | 868.35M |
| 2026-03-12 | 1.22 | 1.08 | 864.71M | 778.85M |
| 2025-11-06 | 0.62 | 0.59 | 476.26M | 720.90M |
| 2025-08-07 | 0.63 | 0.58 | 503.22M | 474.86M |
| 2025-05-08 | 0.55 | 0.52 | 470.41M | 428.22M |
| 2025-03-13 | 0.44 | 0.45 | 380.52M | 382.57M |
| 2024-11-08 | 0.34 | 0.34 | 308.25M | 378.83M |
| 2024-08-07 | 0.33 | 0.31 | 299.06M | 285.00M |
| 2024-05-09 | 0.36 | 0.30 | 296.81M | 283.33M |
| 2024-03-14 | 0.36 | 0.33 | 313.47M | 312.26M |
| 2023-11-09 | 0.27 | 0.25 | 223.14M | 275.25M |
| 2023-08-10 | 0.31 | 0.28 | 264.97M | 242.74M |
| 2023-05-04 | 0.23 | 0.25 | 214.47M | 221.28M |
| 2023-03-09 | 0.23 | 0.24 | 236.05M | 245.45M |
| 2022-11-03 | 0.21 | 0.21 | 218.84M | 233.92M |
| 2022-08-11 | 0.33 | 0.32 | 302.92M | 290.78M |
| 2022-05-05 | 0.35 | 0.35 | 307.24M | 305.22M |
| 2022-03-10 | 0.29 | 0.31 | 278.20M | 286.74M |
| 2021-11-04 | 0.30 | 0.34 | 268.96M | 331.99M |
| 2021-08-12 | 0.36 | 0.37 | 330.39M | 331.99M |
| 2021-05-06 | 0.36 | 0.37 | 324.12M | 332.88M |
| 2021-03-11 | 0.33 | 0.34 | 286.21M | — |
| 2020-11-09 | 0.34 | 0.33 | 307.27M | 297.96M |
| 2020-08-12 | 0.22 | 0.19 | 247.95M | 214.14M |
| 2020-05-06 | 0.21 | 0.21 | 254.79M | 254.79M |
| 2020-03-11 | 0.17 | 0.17 | 223.22M | 254.79M |
| 2019-11-14 | 0.16 | 0.16 | 223.59M | 223.59M |
| 2019-08-08 | 0.10 | 0.10 | 189.47M | 206.69M |
| 2019-05-08 | 0.13 | 0.12 | 225.05M | 207.74M |
| 2019-03-20 | 0.08 | 0.05 | 196.59M | 168.79M |
| 2018-11-14 | 0.08 | 0.10 | 185.77M | 232.21M |
| 2018-08-14 | 0.16 | 0.14 | 212.40M | 185.85M |
| 2018-05-10 | 0.16 | 0.15 | 199.25M | 186.84M |
| 2018-03-21 | 0.19 | 0.16 | 242.55M | 167.83M |
| 2017-11-09 | 0.15 | 0.15 | 203.03M | 203.00M |
| 2017-08-10 | 0.15 | 0.14 | 199.68M | 186.39M |
| 2017-05-09 | 0.14 | 0.14 | 197.95M | 198.00M |
| 2017-03-21 | 0.19 | 0.16 | 258.49M | 166.74M |
Dividends
Yield 0.60%. Payout ratio 15.64%. Frequency Quarterly.
Safety score 91/100 · Safe. Payout ratio is 16% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 16 separate years. Yield is 0.6%, which is modest.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-08-20 | $0.20 | 2026-08-20 | 2026-09-03 | Quarterly |
| 2026-05-27 | $0.20 | 2026-05-27 | 2026-06-09 | Quarterly |
| 2026-03-31 | $0.20 | 2026-03-31 | 2026-04-10 | Quarterly |
| 2025-11-20 | $0.17 | 2025-11-20 | 2025-12-04 | Quarterly |
| 2025-08-21 | $0.17 | 2025-08-21 | 2025-09-04 | Quarterly |
| 2025-05-28 | $0.17 | 2025-05-28 | 2025-06-10 | Quarterly |
| 2025-04-01 | $0.17 | 2025-04-01 | 2025-04-11 | Quarterly |
| 2024-11-21 | $0.15 | 2024-11-21 | 2024-12-06 | Quarterly |
| 2024-08-21 | $0.15 | 2024-08-21 | 2024-09-04 | Quarterly |
| 2024-05-29 | $0.15 | 2024-05-29 | 2024-06-11 | Irregular |
| 2024-04-02 | $0.15 | 2024-04-03 | 2024-04-15 | Quarterly |
| 2023-11-27 | $0.15 | 2023-11-28 | 2023-12-08 | Quarterly |
| 2023-08-24 | $0.15 | 2023-08-25 | 2023-09-07 | Quarterly |
| 2023-05-18 | $0.15 | 2023-05-19 | 2023-06-02 | Quarterly |
| 2023-03-23 | $0.15 | 2023-03-24 | 2023-04-06 | Quarterly |
| 2022-11-18 | $0.15 | 2022-11-21 | 2022-12-01 | Quarterly |
| 2022-08-25 | $0.15 | 2022-08-26 | 2022-09-08 | Quarterly |
| 2022-05-19 | $0.15 | 2022-05-20 | 2022-06-03 | Quarterly |
| 2022-03-23 | $0.15 | 2022-03-24 | 2022-04-07 | Quarterly |
| 2021-11-19 | $0.15 | 2021-11-22 | 2021-12-06 | Quarterly |
| 2021-08-26 | $0.15 | 2021-08-27 | 2021-09-09 | Quarterly |
| 2021-05-20 | $0.14 | 2021-05-21 | 2021-06-03 | Quarterly |
| 2021-03-25 | $0.13 | 2021-03-26 | 2021-04-13 | Quarterly |
| 2020-11-24 | $0.12 | 2020-11-25 | 2020-12-10 | Quarterly |
| 2020-08-26 | $0.10 | 2020-08-27 | 2020-09-10 | Quarterly |
| 2020-05-21 | $0.10 | 2020-05-22 | 2020-06-04 | Quarterly |
| 2020-03-25 | $0.10 | 2020-03-26 | 2020-04-09 | Quarterly |
| 2019-12-03 | $0.09 | 2019-12-04 | 2019-12-16 | Quarterly |
| 2019-08-22 | $0.09 | 2019-08-23 | 2019-09-05 | Quarterly |
| 2019-05-23 | $0.09 | 2019-05-24 | 2019-06-06 | Quarterly |
| 2019-04-04 | $0.09 | 2019-04-05 | 2019-04-18 | Quarterly |
| 2018-11-29 | $0.09 | 2018-11-30 | 2018-12-13 | Quarterly |
| 2018-08-28 | $0.09 | 2018-08-29 | 2018-09-13 | Quarterly |
| 2018-05-24 | $0.09 | 2018-05-25 | 2018-06-07 | Quarterly |
| 2018-04-05 | $0.09 | 2018-04-06 | 2018-04-20 | Quarterly |
| 2017-11-24 | $0.09 | 2017-11-27 | 2017-12-07 | Quarterly |
| 2017-08-23 | $0.10 | 2017-08-25 | 2017-09-08 | Quarterly |
| 2017-05-23 | $0.07 | 2017-05-25 | 2017-06-06 | Quarterly |
| 2017-04-03 | $0.07 | 2017-04-05 | 2017-04-21 | Quarterly |
| 2016-11-21 | $0.06 | 2016-11-23 | 2016-12-07 | Quarterly |
| 2016-08-22 | $0.05 | 2016-08-24 | 2016-09-07 | Quarterly |
| 2016-05-17 | $0.05 | 2016-05-19 | 2016-06-02 | Quarterly |
| 2016-03-29 | $0.05 | 2016-03-31 | 2016-04-14 | Quarterly |
| 2015-11-16 | $0.05 | 2015-11-18 | 2015-12-01 | Quarterly |
| 2015-08-24 | $0.05 | 2015-08-26 | 2015-09-04 | Quarterly |
| 2015-05-18 | $0.05 | 2015-05-20 | 2015-06-02 | Irregular |
| 2015-03-27 | $0.05 | 2015-03-31 | 2015-04-14 | Quarterly |
| 2014-11-24 | $0.06 | 2014-11-26 | 2014-12-09 | Quarterly |
| 2014-08-25 | $0.06 | 2014-08-27 | 2014-09-05 | Quarterly |
| 2014-05-15 | $0.07 | 2014-05-20 | 2014-05-30 | Quarterly |
| 2014-04-02 | $0.07 | 2014-04-04 | 2014-04-15 | Quarterly |
| 2013-11-25 | $0.09 | 2013-11-27 | 2013-12-11 | Quarterly |
| 2013-08-28 | $0.10 | 2013-08-30 | 2013-09-12 | Quarterly |
| 2013-05-21 | $0.12 | 2013-05-23 | 2013-05-31 | Quarterly |
| 2013-03-28 | $0.14 | 2013-04-02 | 2013-04-12 | Quarterly |
| 2012-11-19 | $0.07 | 2012-11-21 | 2012-12-05 | Quarterly |
| 2012-08-28 | $0.10 | 2012-08-30 | 2012-09-13 | Quarterly |
| 2012-05-21 | $0.09 | 2012-05-23 | 2012-06-06 | Monthly |
| 2012-04-02 | $0.09 | 2012-04-04 | 2012-04-17 | Semi-Annual |
| 2011-11-21 | $0.09 | 2011-11-23 | 2011-12-05 | Quarterly |
| 2011-09-16 | $0.03 | 2011-09-20 | 2011-09-30 | Quarterly |
| 2011-06-16 | $0.03 | 2011-06-20 | 2011-06-30 | Quarterly |
| 2011-03-17 | $0.03 | 2011-03-21 | 2011-03-31 | Irregular |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| No data yet. | |||||
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 905. Ownership 64.15%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| CAPITAL WORLD INVESTORS | 36.63M | New | New | 4.11B |
| FMR LLC | 14.70M | New | New | 1.65B |
| VAN ECK ASSOCIATES CORP | 14.41M | New | New | 1.62B |
| FIRST EAGLE INVESTMENT MANAGEMENT, LLC | 14.22M | New | New | 1.60B |
| VANGUARD CAPITAL MANAGEMENT LLC | 12.66M | New | New | 1.42B |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 9.95M | New | New | 1.12B |
| ROYAL BANK OF CANADA | 9.37M | New | New | 1.05B |
| FIL LTD | 9.23M | New | New | 1.04B |
| BANK OF MONTREAL /CAN/ | 8.97M | New | New | 1.01B |
| MACKENZIE FINANCIAL CORP | 4.69M | New | New | 747.46M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 6.29M | New | New | 741.59M |
| TD ASSET MANAGEMENT INC | 6.05M | New | New | 680.11M |
| CAPITAL INTERNATIONAL INVESTORS | 6.01M | New | New | 675.39M |
| NORGES BANK | 5.98M | New | New | 672.41M |
| GEODE CAPITAL MANAGEMENT, LLC | 5.42M | New | New | 637.37M |
| GOLDMAN SACHS GROUP INC | 5.64M | New | New | 633.81M |
| BLACKROCK, INC. | 5.17M | New | New | 581.25M |
| VANGUARD FIDUCIARY TRUST CO | 4.03M | New | New | 452.78M |
| CIBC WORLD MARKET INC. | 3.40M | New | New | 382.30M |
| NATIONAL BANK OF CANADA /FI/ | 3.37M | New | New | 378.76M |
| CANADA PENSION PLAN INVESTMENT BOARD | 3.13M | New | New | 351.71M |
| BANK OF AMERICA CORP /DE/ | 2.92M | New | New | 328.31M |
| JPMORGAN CHASE & CO | 2.90M | New | New | 321.15M |
| LEGAL & GENERAL GROUP PLC | 2.85M | New | New | 320.84M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 2.77M | New | New | 310.74M |
Forecast
Consensus Buy from 16 analysts. Average price target $164.80, +32.9% versus the current price. Low $150.00. High $180.00.
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