WPM

Wheaton Precious Metals Stock Performance: Wheaton Precious Metals (WPM) stock has increased over 60% in the past year, significantly outperforming the S&P 500 and its peers due to rising precious metals prices, strong revenue growth, and strategic production expansions.

Future Outlook and Valuation: The company forecasts a 40% increase in annual production by 2029, with current valuations aligning at $77 per share, reflecting confidence in sustained profitability amidst favorable market conditions.

Benzinga Stock Whisper Index Overview: Each week, Benzinga highlights five undervalued stocks using proprietary data and pattern recognition, focusing on companies like Applied Industrial Technologies, Wheaton Precious Metals, Newmont Corporation, Welltower Inc, and Deere & Company, which have shown strong interest from investors.

Stock Performance Insights: The report indicates that while some stocks like Applied Industrial and Deere & Company experienced declines recently, others such as Welltower and Newmont are performing well, with significant year-over-year gains and positive earnings reports, suggesting potential investment opportunities.

Upcoming Ex-Dividend Dates: Wheaton Precious Metals Corp, Andersons Inc, and Wolverine World Wide, Inc. will trade ex-dividend on 4/1/25, with respective dividends of $0.165, $0.195, and $0.10 scheduled for payment in April and May 2025.

Market Impact and Dividend Yields: The expected stock price adjustments due to the dividends are approximately 0.22% for Wheaton, 0.44% for Andersons, and 0.71% for Wolverine, with estimated annualized yields of 0.86%, 1.78%, and 2.82% respectively.

Core Inflation Report: The February personal consumption expenditures (PCE) report showed core inflation at 2.8% year-over-year, slightly above expectations, while overall inflation matched predictions at 2.5%. Concerns arise as tariffs from President Trump's trade war may further impact prices.

Investor Behavior: Due to rising inflation and trade tensions, investors are shifting towards safe-haven assets like government bonds and gold, leading to increased interest in gold mining companies such as Barrick Gold and Kinross Gold, which have strong buy ratings.

Analyst Ratings: Josh Wolfson from RBC Capital maintains a Hold rating on Wheaton Precious Metals with a price target of $75.00, while the analyst consensus is a Strong Buy with an average price target of $75.59.

Stock Performance: Wheaton Precious Metals has seen a one-year high of $77.44 and a low of $43.18, with an average trading volume of 1.55 million shares.

Research Reports Overview: Zacks Research Daily features reports on 16 major stocks, including Shell, Uber, and TotalEnergies, highlighting their performance, challenges, and strategic initiatives, particularly in the context of market conditions and sector trends.

Micro-Cap Stock Insights: The article also covers micro-cap stocks like Geospace Technologies and Natural Health Trends, discussing their financial struggles, growth potential, and market dynamics, emphasizing the unique research focus on these smaller companies.

Analyst Ratings: Berenberg Bank analyst Richard Hatch maintains a Buy rating on Wheaton Precious Metals with a price target of $75, while National Bank also issued a Buy rating, contrasting with Scotiabank's Sell rating.

Company Overview: Wheaton Precious Metals has a market cap of $33.64B and a P/E ratio of 54.91, reflecting strong financial performance amidst varying analyst opinions.

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Analyst Rating Update: National Bank analyst Shane Nagle has increased the price target for Wheaton Precious Metals (WPM) from C$115 to C$120 while maintaining an Outperform rating on the shares.

Market Insights: The article highlights Wheaton Precious Metals' strong financial performance and operational excellence, which contribute to its positive outlook and buy ratings from various analysts.

Wheaton Precious Metals and UDR Dividend Announcements: Wheaton Precious Metals declared a quarterly cash dividend of US$0.165 per share for 2025, marking a 6.5% increase from the previous year, while UDR announced a quarterly dividend of $0.43 per share, continuing its streak of 210 consecutive dividends with a slight annual increase.

Kroger and TE Connectivity Dividend Updates: Kroger's Board declared a quarterly dividend of 32 cents per share, expected to grow over time, and TE Connectivity announced a quarterly cash dividend of $0.71 per share, reflecting a 9% increase from the last payment.

Quarterly Performance: Wheaton Precious Metals reported record Q4 net earnings of $88M and revenues of $381M, with a 14% increase in gold equivalent production year-over-year, despite a 24% drop in pretax profit due to an impairment on mineral stream interests.

Future Projections: For FY 2025, the company anticipates gold equivalent production between 600K-670K GEOs and projects a 40% annual production increase over the next five years, driven by strong performance from its mines in Peru.

Dividend Announcement: Wheaton Precious Metals declared a quarterly dividend of $0.165 per share, marking a 6.5% increase from the previous dividend of $0.155, with a forward yield of 0.91%.

Future Projections: The company anticipates higher production in 2025 and projects a 40% growth over the next five years.

Analyst Rating and Price Target: RBC Capital analyst Josh Wolfson has maintained a Hold rating on Wheaton Precious Metals with a price target of $75.00, while the current consensus among analysts is a Strong Buy with an average price target of $76.80.

Company Performance Metrics: Wheaton Precious Metals has a market cap of $32.36 billion and a P/E ratio of 52.86, with recent financial performance indicating strong results and a quarterly dividend increase of 6.5%.

Wheaton Precious Metals Production Guidance: In 2025, Wheaton expects production between 600,000 and 670,000 GEOs, indicating a projected year-over-year growth of about 10%, driven by increased output from Antamina and new development projects, despite lower production from Penasquito and Constancia.

Quarterly Dividend Increase: Wheaton Precious Metals has raised its quarterly dividend by 6.5% to 16.5 cents per share, while reporting Q4 adjusted EPS of 43.9 cents, slightly below the consensus estimate of 44 cents.

Dividend Announcement: Wheaton Precious Metals Corp. declared a quarterly cash dividend of 16.5 cents per share for 2025, marking a 6.5% increase from the previous quarter's dividend of 15.5 cents, with record dividends totaling 62 cents per share in 2024.

Payment Details: The first dividend payment will be made to shareholders on April 11, 2025, for those on record as of April 1, 2025, which is also the ex-dividend trading date.

Wheaton Precious Metals Q4 Performance: Wheaton Precious Metals reported Q4 revenue of $381 million, slightly below the consensus estimate. The company achieved record revenue and adjusted net earnings in 2024, driven by strong production at Salobo and Constancia, and returned a record level of dividends to shareholders.

Future Growth Outlook: The company anticipates a 40% increase in annual production to 870,000 gold equivalent ounces over the next five years, focusing on consistent growth and value creation for stakeholders as they enter 2025.

Market Performance: Major U.S. indices fell significantly, with the Dow, S&P 500, and Nasdaq 100 losing between 1.1% to 1.7%, as investor concerns over tariffs and a disappointing producer inflation report weighed on market sentiment.

Stock Highlights: Intel's stock surged 16% following a leadership change, while Adobe's shares plummeted 13% despite beating earnings expectations, reflecting mixed reactions to corporate earnings across various sectors.

Earnings Reports Overview: Several companies, including Wheaton Precious Metals, DocuSign, and Ulta Beauty, are set to report their earnings, with varying forecasts indicating growth or decline compared to the previous year. Notably, DocuSign is expected to see a significant increase in earnings per share (EPS) of 60%, while Ulta Beauty anticipates a decrease of 12.13%.

Industry Comparisons: The Price to Earnings (P/E) ratios for these companies suggest that many are projected to outperform their industry competitors, with some like Semtech Corporation showing an extraordinary forecasted EPS increase of 160%. However, others like VAALCO Energy are facing declines, highlighting mixed performance across different sectors.

Earnings Report: Wheaton Precious Metals reported a Q4 Non-GAAP EPS of $0.44, with revenue of $380.52 million, which was a 21.4% increase year-over-year but missed expectations by $2.05 million.

Future Production Guidance: The company anticipates production between 600,000 and 670,000 GEOs in 2025 and projects a 40% growth over the next five years.

Pre-Earnings Options Activity: Wheaton Precious Metals (WPM) is experiencing heightened pre-earnings options volume, with a ratio of calls to puts at 3:1 and an anticipated price movement of approximately 2.9% post-results.

Analyst Ratings and Growth Potential: Recent analyst updates have raised WPM's price targets, reflecting strong long-term growth potential and justifying a buy rating for the stock.