Wheaton Precious Metals(WPM)

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Wheaton Precious Metals Corp. (WPM) Q4 Earnings Meet Estimates
ZACKS· 2025-03-13 23:20
分组1 - Wheaton Precious Metals Corp. reported quarterly earnings of $0.44 per share, matching the Zacks Consensus Estimate, and an increase from $0.36 per share a year ago [1] - The company posted revenues of $380.52 million for the quarter ended December 2024, slightly missing the Zacks Consensus Estimate by 0.06%, and up from $313.47 million year-over-year [2] - The stock has increased approximately 26.6% since the beginning of the year, contrasting with a -4.8% decline in the S&P 500 [3] 分组2 - The earnings outlook for Wheaton Precious Metals is mixed, with the current consensus EPS estimate for the coming quarter at $0.43 on revenues of $378.24 million, and $1.83 on $1.58 billion in revenues for the current fiscal year [7] - The Zacks Industry Rank indicates that the Mining - Miscellaneous sector is currently in the bottom 33% of over 250 Zacks industries, which may impact stock performance [8]
DIVIDEND DECLARATION - Wheaton Precious Metals Announces Increase to Quarterly Dividend
Prnewswire· 2025-03-13 21:04
Core Points - Wheaton Precious Metals Corp. has declared its first quarterly cash dividend payment for 2025 of US$0.165 per common share, representing a 6.5% increase from the previous quarter's dividend of US$0.155 per share in 2024 [1][2] - The total dividends declared by the company in 2024 amounted to US$0.62 per common share, marking a record for the company [1] Dividend Payment Details - The dividend will be paid to shareholders of record as of April 1, 2025, with distribution expected around April 11, 2025 [2] - The ex-dividend trading date is also set for April 1, 2025 [2] Dividend Reinvestment Plan (DRIP) - The company has a Dividend Reinvestment Plan (DRIP) that allows shareholders to reinvest dividends into common shares at the Average Market Price without a discount [3] - The company may adjust the discount applicable to Treasury Acquisitions or direct purchases in Market Acquisitions, with any changes to be publicly announced [4] Enrollment Information - Shareholders can download DRIP enrollment forms and direct deposit information from the company's website [5] - Registered shareholders can enroll online through the plan agent's self-service web portal, while beneficial shareholders should contact their financial intermediaries for enrollment [5]
Wheaton World Wide Moving Names Driver of the Year
Newsfile· 2025-03-13 19:00
Core Points - Wheaton World Wide Moving awarded Bob Krumpols the Driver of the Year award at the sixth annual Van Line Summit & Awards Gala for his exceptional service and commitment to customer satisfaction [1][5] - Krumpols has a long-standing career in the moving industry, starting in 1983, and has received multiple accolades, including Agent of the Year three times [2][3] - The award includes a plaque, a cash prize of $2,000, and a trip to the Awards Gala in Carmel, Indiana [5] Company Overview - Wheaton | Bekins is a leading provider of transportation services, owning five household goods relocation brands and ranking as the fourth largest household goods carrier [7][8] - The company is headquartered in Indianapolis, Indiana, and offers domestic and international relocation services, as well as logistics services [8]
Wheaton Precious Metals Corp. (WPM) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-03-06 16:05
Core Viewpoint - Wheaton Precious Metals Corp. is anticipated to report a year-over-year increase in earnings and revenues for the quarter ended December 2024, with earnings expected to be $0.45 per share, reflecting a 25% increase, and revenues projected at $380.74 million, a 21.5% rise from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for March 13, and the stock may experience upward movement if the reported figures exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 1.25% higher in the last 30 days, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Wheaton Precious Metals is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.65%, which indicates a bearish outlook from analysts [10][11]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, but Wheaton Precious Metals currently holds a Zacks Rank of 3, making it challenging to predict a beat [8][11]. Historical Performance - In the last reported quarter, Wheaton Precious Metals met the expected earnings of $0.34 per share, resulting in no surprise, and has beaten consensus EPS estimates three times over the last four quarters [12][13]. Conclusion - While Wheaton Precious Metals does not appear to be a compelling candidate for an earnings beat, investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].
Wheaton Precious Metals Announces Winner of its Inaugural Future of Mining Challenge
Prnewswire· 2025-03-04 12:00
Core Insights - Wheaton Precious Metals Corp. has awarded ReThink Milling Inc. $1 million for its innovative Conjugate Anvil Hammer Mill (CAHM) and MonoRoll technologies, which aim to enhance milling efficiency while reducing energy consumption and greenhouse gas emissions [1][2][3] Company Overview - Wheaton Precious Metals is recognized as a leading precious metals streaming company, providing shareholders access to a portfolio of low-cost, long-life mines globally [4] - The company emphasizes responsible mining practices and aims to unlock long-term value for shareholders while supporting the mining industry [4] Industry Challenge - The Future of Mining Challenge, launched by Wheaton in September 2024, seeks innovative solutions to improve operational efficiencies and minimize environmental impacts in the mining sector [2][3] - The challenge is supported by Foresight Canada, which focuses on cleantech innovation and adoption [2][5] Technological Innovation - ReThink Milling's technology is highlighted for its potential economic and environmental benefits, with the company collaborating with nine leading mining firms to advance its commercialization [3] - The CAHM Platform Technology is recognized as a groundbreaking innovation that could transform the mining industry [3] Future Prospects - Applications for the next Future of Mining Challenge (2025-2026) will open later this year, with the theme to be announced in the coming months [2][3]
Wheaton Precious Metals: Beneficiary Of The Basel III Endgame
Seeking Alpha· 2025-02-21 18:41
Core Viewpoint - Wheaton Precious Metals Corp. focuses on streaming gold, silver, cobalt, and palladium, with a diversified portfolio of long-life, low-cost assets that yield strong operating results globally [1]. Company Overview - Wheaton Precious Metals Corp. operates in the precious metals sector, emphasizing a diversified asset portfolio that includes gold, silver, cobalt, and palladium [1]. - The company is recognized for its strong operating results across various global markets [1]. Investment Strategy - The company is positioned to attract investors interested in fundamental analysis and disciplined market research, highlighting its focus on small-cap companies with strong fundamentals, large-cap companies facing temporary setbacks, and stable companies with solid dividend yields and growth potential [1].
Wheaton Precious Metals Announces Chief Financial Officer Transition
Prnewswire· 2025-01-09 22:00
Leadership Transition - Gary Brown will step down as CFO effective March 31, 2025, after nearly 17 years of service [1] - Vincent Lau, Vice President of Finance for 13 years, will be appointed as the new CFO [1][2] - Gary Brown played a key role in the company's financial growth, strategic direction, and risk management, contributing to its long-term success [3][5] New CFO Background - Vincent Lau has 13 years of experience managing corporate finance and risk management functions at Wheaton [2] - Prior to Wheaton, Vincent held senior finance roles at CHC Helicopters and KPMG's Transaction Services group in New York [2] - Vincent holds CPA and CFA designations and a Bachelor of Commerce degree from the University of British Columbia [2] Company Overview - Wheaton is the world's premier precious metals streaming company with a high-quality portfolio of long-life, low-cost assets [4] - The company's business model offers investors commodity price leverage and exploration upside with lower risk compared to traditional mining companies [4] - Wheaton delivers among the highest cash operating margins in the mining industry, enabling competitive dividends and growth through accretive acquisitions [4] - The company has consistently outperformed gold, silver, and other mining investments [4] - Wheaton is committed to strong ESG practices and community engagement in areas where it and its mining partners operate [4] Leadership Perspectives - Randy Smallwood, President and CEO, praised Vincent Lau's financial acumen and forward-thinking approach to growth and risk management [4] - Randy Smallwood acknowledged Gary Brown's strategic foresight, financial aptitude, and disciplined risk management as key factors in establishing Wheaton as a sector leader [5] - Gary Brown expressed pride in building and mentoring a highly motivated finance team, confident in their ability to continue the company's success under Vincent Lau's leadership [5]
Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Allied Gold's Kurmuk Project
Prnewswire· 2024-12-06 00:23
Core Viewpoint - Wheaton Precious Metals Corp. has entered into a Precious Metals Purchase Agreement with Allied Gold Corporation for the Kurmuk Project in Ethiopia, marking a significant step in advancing the construction of the first commercial gold mine in the country [1][2]. Transaction Key Terms - Wheaton Precious Metals International Ltd. will pay Allied a total upfront cash consideration of US$175 million in four equal installments during construction [3]. - Wheaton will purchase 6.7% of the payable gold until 220,000 ounces are delivered, after which the percentage will decrease to 4.8% for the life of the mine [3][9]. - The project is expected to average over 16,000 ounces of gold production per year for the first ten years, with first production anticipated in mid-2026 [3][7]. Production Profile - The Kurmuk Project is forecasted to have an 11-year mine life based on reserves, with significant exploration potential [3][7]. - The project aims for an average annual gold production of approximately 270,000 ounces over the first five years and over 240,000 ounces annually over a 10-year mine life, with all-in sustaining costs around US$1,000 per ounce [7]. Financial Position - As of September 30, 2024, Wheaton had approximately US$694 million in cash and access to a $2 billion revolving term loan, positioning the company well to fund the acquisition and other commitments [5]. Environmental and Social Governance - Allied is expected to comply with various international standards on environmental and social sustainability, indicating a commitment to ESG practices [4]. Project Overview - The Kurmuk Project is located in the Benishangul-Gumuz region of Ethiopia and involves a two-phase development plan with a total capital investment of approximately US$500 million [7].
Buy, Sell Or Hold WPM Stock?
Forbes· 2024-11-21 11:00
Randy Smallwood, chief executive officer of Silver Wheaton Corp., speaks at the Prospectors & ... [+] Developers Association of Canada (PDAC) conference in Toronto, Ontario, Canada, on Sunday, March 5, 2023. Thousands of executives, investors, bankers and government officials are converging on Toronto over six days to attend one of the world's largest industry conferences as project pipelines shrink and companies face pressure to buy growth. Photographer: Christopher Katsarov Luna/Bloomberg© 2023 Bloomberg ...
Wheaton Precious Q3 Earnings Meet Estimates, Rise Y/Y on Higher Prices
ZACKS· 2024-11-08 20:26
Wheaton Precious Metals (WPM) reported adjusted earnings per share of 34 cents in third-quarter 2024, in line with the Zacks Consensus Estimate. The bottom line increased 32.7% year over year.Including one-time items, WPM reported earnings per share of 34 cents compared with earnings of 26 cents in the third quarter of 2023.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.WPM’s Q3 Revenues Gain on Higher PricesWheaton Precious generated revenues of around $308 million in the quarter, w ...