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How to buy Wheaton Precious Metals stock | $41.98

Own Wheaton Precious Metals stock in just a few minutes.

Fact checked

Wheaton Precious Metals Corp is a gold business based in the US. Wheaton Precious Metals shares (WPM) are listed on the NYSE and all prices are listed in US Dollars. Wheaton Precious Metals employs 39 staff and has a trailing 12-month revenue of around USD$1 billion.

How to buy shares in Wheaton Precious Metals

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Wheaton Precious Metals. Find the stock by name or ticker symbol: WPM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Wheaton Precious Metals reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$41.98, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Wheaton Precious Metals, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Wheaton Precious Metals. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Wheaton Precious Metals share price

Use our graph to track the performance of WPM stocks over time.

Wheaton Precious Metals shares at a glance

Information last updated 2020-12-01.
Latest market closeUSD$41.98
52-week rangeUSD$18.4607 - USD$57.6022
50-day moving average USD$45.7217
200-day moving average USD$47.4071
Wall St. target priceUSD$60.73
PE ratio 41.9579
Dividend yield USD$0.48 (1.23%)
Earnings per share (TTM) USD$0.95

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Wheaton Precious Metals stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Wheaton Precious Metals price performance over time

Historical closes compared with the close of $41.98 from 2020-12-18

1 week (2021-01-13) N/A
1 month (2020-12-24) -1.04%
3 months (2020-10-20) N/A
6 months (2020-07-20) N/A
1 year (2020-01-20) N/A
2 years (2019-01-20) N/A
3 years (2018-01-20) N/A
5 years (2016-01-20) N/A

Is Wheaton Precious Metals under- or over-valued?

Valuing Wheaton Precious Metals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Wheaton Precious Metals's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Wheaton Precious Metals's P/E ratio

Wheaton Precious Metals's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, Wheaton Precious Metals shares trade at around 42x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Wheaton Precious Metals's PEG ratio

Wheaton Precious Metals's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.4. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Wheaton Precious Metals's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Wheaton Precious Metals's EBITDA

Wheaton Precious Metals's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$702.9 million.

The EBITDA is a measure of a Wheaton Precious Metals's overall financial performance and is widely used to measure a its profitability.

Wheaton Precious Metals financials

Revenue TTM USD$1 billion
Operating margin TTM 43.99%
Gross profit TTM USD$602.8 million
Return on assets TTM 4.6%
Return on equity TTM 7.96%
Profit margin 41.43%
Book value $12.356
Market capitalisation USD$17.6 billion

TTM: trailing 12 months

Shorting Wheaton Precious Metals shares

There are currently 7.8 million Wheaton Precious Metals shares held short by investors – that's known as Wheaton Precious Metals's "short interest". This figure is 18.8% down from 9.6 million last month.

There are a few different ways that this level of interest in shorting Wheaton Precious Metals shares can be evaluated.

Wheaton Precious Metals's "short interest ratio" (SIR)

Wheaton Precious Metals's "short interest ratio" (SIR) is the quantity of Wheaton Precious Metals shares currently shorted divided by the average quantity of Wheaton Precious Metals shares traded daily (recently around 1.9 million). Wheaton Precious Metals's SIR currently stands at 4.14. In other words for every 100,000 Wheaton Precious Metals shares traded daily on the market, roughly 4140 shares are currently held short.

However Wheaton Precious Metals's short interest can also be evaluated against the total number of Wheaton Precious Metals shares, or, against the total number of tradable Wheaton Precious Metals shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Wheaton Precious Metals's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Wheaton Precious Metals shares in existence, roughly 20 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Wheaton Precious Metals shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Wheaton Precious Metals.

Find out more about how you can short Wheaton Precious Metals stock.

Wheaton Precious Metals's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Wheaton Precious Metals.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Wheaton Precious Metals's total ESG risk score

Total ESG risk: 14.53

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Wheaton Precious Metals's overall score of 14.53 (as at 01/01/2019) is excellent – landing it in it in the 8th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Wheaton Precious Metals is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Wheaton Precious Metals's environmental score

Environmental score: 3.64/100

Wheaton Precious Metals's social score

Social score: 2.41/100

Wheaton Precious Metals's governance score

Governance score: 3.48/100

Wheaton Precious Metals's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Wheaton Precious Metals scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Wheaton Precious Metals has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Wheaton Precious Metals Corp was last rated for ESG on: 2019-01-01.

Total ESG score 14.53
Total ESG percentile 8.48
Environmental score 3.64
Social score 2.41
Governance score 3.48
Level of controversy 2

Wheaton Precious Metals share dividends

45%

Dividend payout ratio: 44.68% of net profits

Recently Wheaton Precious Metals has paid out, on average, around 44.68% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.23% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Wheaton Precious Metals shareholders could enjoy a 1.23% return on their shares, in the form of dividend payments. In Wheaton Precious Metals's case, that would currently equate to about $0.48 per share.

While Wheaton Precious Metals's payout ratio might seem fairly standard, it's worth remembering that Wheaton Precious Metals may be investing much of the rest of its net profits in future growth.

Wheaton Precious Metals's most recent dividend payout was on 10 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 24 November 2020 (the "ex-dividend date").

Wheaton Precious Metals share price volatility

Over the last 12 months, Wheaton Precious Metals's shares have ranged in value from as little as $18.4607 up to $57.6022. A popular way to gauge a stock's volatility is its "beta".

WPM.US volatility(beta: 0.69)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Wheaton Precious Metals's is 0.6855. This would suggest that Wheaton Precious Metals's shares are less volatile than average (for this exchange).

Wheaton Precious Metals overview

Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, and palladium ores. It has agreements for 20 operating mines and 9 development stage projects. 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. was founded in 2004 and is headquartered in Vancouver, Canada.

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