TSE:WEF Western Forest Products (WEF) Stock Price, News & Analysis → Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS (From Paradigm Press) (Ad) Free WEF Stock Alerts C$0.55 0.00 (0.00%) (As of 04/23/2024 ET) Add Compare Share Share Today's RangeC$0.53▼C$0.5750-Day RangeC$0.55▼C$0.6852-Week RangeC$0.53▼C$1.14Volume618,679 shsAverage Volume279,945 shsMarket CapitalizationC$174.21 millionP/E RatioN/ADividend Yield9.09%Price TargetC$0.73 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Western Forest Products alerts: Email Address Western Forest Products MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside32.7% UpsideC$0.73 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.47Based on 2 Articles This WeekInsider TradingAcquiring SharesC$63,000 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.65 out of 5 stars 3.0 Analyst's Opinion Consensus RatingWestern Forest Products has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageWestern Forest Products has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for WEF. Previous Next 1.7 Dividend Strength Dividend LeadershipWestern Forest Products is a leading dividend payer. It pays a dividend yield of 6.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Forest Products does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WEF. Previous Next 0.9 News and Social Media Coverage News SentimentWestern Forest Products has a news sentiment score of -0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Western Forest Products this week, compared to 0 articles on an average week.MarketBeat FollowsOnly 1 people have added Western Forest Products to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Forest Products insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$63,000.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 0.51% of the stock of Western Forest Products is held by insiders.Percentage Held by Institutions49.45% of the stock of Western Forest Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Forest Products is -2.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Forest Products is -2.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioWestern Forest Products has a PEG Ratio of 0.32. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWestern Forest Products has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. About Western Forest Products Stock (TSE:WEF)Western Forest Products Inc. operates as an integrated softwoods forest products company in Canada, the United States, Japan, China, Europe, and internationally. It is involved in timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. The company also provides door and window; outdoor structure; and fencing products. Its products have applications in outdoor living, exterior appearance, interior living, industrial, and structural applications. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada.Read More WEF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WEF Stock News HeadlinesApril 17, 2024 | americanbankingnews.comWestern Forest Products (TSE:WEF) Given New C$0.65 Price Target at TD SecuritiesMarch 28, 2024 | finance.yahoo.comWestern Forest Products Completes Sale of Ownership Interest in Newly Formed Mid-Island PartnershipApril 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.March 2, 2024 | investing.comWestern Forest Products Inc (WEF)February 23, 2024 | wsj.comWestern Forest Products Inc.February 17, 2024 | finance.yahoo.comWestern Forest Products Inc. (WEF.TO)February 14, 2024 | finanznachrichten.deWestern Forest Products Inc.: Western Announces Fourth Quarter 2023 ResultsFebruary 13, 2024 | marketwatch.comWestern Forest Products Sees Higher N American Demand for Commodity Products in 1Q -- Commodity CommentApril 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.December 30, 2023 | morningstar.comWestern Forest Products Inc WEFDecember 29, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Release Date of Fourth Quarter and Fiscal 2023 Results and Conference Call DetailsNovember 19, 2023 | finance.yahoo.comShareholders in Western Forest Products (TSE:WEF) are in the red if they invested five years agoOctober 20, 2023 | markets.businessinsider.comRaymond James Sticks to Its Hold Rating for Western Forest Prod (WEF)September 30, 2023 | finance.yahoo.comShould You Investigate Western Forest Products Inc. (TSE:WEF) At CA$0.82?August 24, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc flat on Thursday (WEF)August 9, 2023 | markets.businessinsider.comRBC Capital Sticks to Its Hold Rating for Western Forest Prod (WEF)August 3, 2023 | markets.businessinsider.comResideo Announces Second Quarter 2023 Financial ResultsAugust 3, 2023 | finance.yahoo.comWestern Announces Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comWestern Forest Products Inc. Confirms Record Date of Third Quarter 2023 DividendAugust 3, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Renewal of Normal Course Issuer BidJune 30, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Release Date of Second Quarter 2023 Results and Conference Call DetailsJune 12, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Temporary Production Curtailments in British ColumbiaJune 11, 2023 | finance.yahoo.comWestern Forest Products (TSE:WEF) investors are sitting on a loss of 51% if they invested five years agoMay 25, 2023 | finance.yahoo.comWestern Forest Products' (TSE:WEF) Returns On Capital Tell Us There Is Reason To Feel UneasyMay 9, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc down on Tuesday (WEF)May 3, 2023 | finance.yahoo.comWestern Announces First Quarter 2023 ResultsMay 3, 2023 | finance.yahoo.comWestern Forest Products Inc. Confirms Record Date of Second Quarter 2023 DividendSee More Headlines Receive WEF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Forest Products and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Today4/23/2024Next Earnings (Confirmed)5/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Lumber & Wood Production Sub-IndustryN/A Current SymbolTSE:WEF CUSIPN/A CIKN/A Webwww.westernforest.com Phone+1-604-6484500FaxN/AEmployees2,051Year FoundedN/APrice Target and Rating Average Stock Price TargetC$0.73 High Stock Price TargetC$0.80 Low Stock Price TargetC$0.65 Potential Upside/Downside+30.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.22) Trailing P/E RatioN/A Forward P/E Ratio112.18 P/E Growth0.32Net IncomeC$-68,500,000.00 Net Margins-6.73% Pretax MarginN/A Return on Equity-11.50% Return on Assets-5.64% Debt Debt-to-Equity Ratio18.42 Current Ratio2.77 Quick Ratio0.73 Sales & Book Value Annual SalesC$1.02 billion Price / Sales0.17 Cash FlowC$0.06 per share Price / Cash Flow10.18 Book ValueC$1.78 per share Price / Book0.31Miscellaneous Outstanding Shares316,750,000Free FloatN/AMarket CapC$177.38 million OptionableNot Optionable Beta1.93 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. J. Steven Hofer (Age 54)President, CEO & Non-Independent Director Comp: $1.11MMr. Stephen WilliamsExecutive VP & CFOMr. Bruce Lindsay AlexanderSenior Vice President of Sales, Marketing & ManufacturingMs. Jennifer Eileen FosterSenior Vice President of Human Resources & Corporate AffairsMs. Alyce HarperVP, General Counsel & Corporate SecretaryBabita KhunkhunSenior Director of CommunicationsMr. Glen Douglas NontellVice President of Corporate DevelopmentMr. Morris MandziukTreasurerMore ExecutivesKey CompetitorsGreenFirst Forest ProductsTSE:GFPGoodfellowTSE:GDLAcadian TimberTSE:ADNPinnacle Renewable EnergyTSE:PLFrontier LithiumCVE:FLView All CompetitorsInsidersJoseph Steven HoferBought 100,000 shares on 3/6/2024Total: C$63,000.00 ($0.63/share)Glen Douglas NontellBought 500 shares on 12/12/2023Total: C$320.00 ($0.64/share)View All Insider Transactions WEF Stock Analysis - Frequently Asked Questions Should I buy or sell Western Forest Products stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Forest Products in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WEF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WEF, but not buy additional shares or sell existing shares. View WEF analyst ratings or view top-rated stocks. What is Western Forest Products' stock price target for 2024? 5 Wall Street research analysts have issued 1-year target prices for Western Forest Products' shares. Their WEF share price targets range from C$0.65 to C$0.80. On average, they anticipate the company's share price to reach C$0.73 in the next twelve months. This suggests a possible upside of 32.7% from the stock's current price. View analysts price targets for WEF or view top-rated stocks among Wall Street analysts. How have WEF shares performed in 2024? Western Forest Products' stock was trading at C$0.71 at the beginning of the year. Since then, WEF stock has decreased by 22.5% and is now trading at C$0.55. View the best growth stocks for 2024 here. When is Western Forest Products' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our WEF earnings forecast. How were Western Forest Products' earnings last quarter? Western Forest Products Inc. (TSE:WEF) posted its earnings results on Tuesday, February, 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01. The company earned $246.60 million during the quarter. Western Forest Products had a negative trailing twelve-month return on equity of 11.50% and a negative net margin of 6.73%. How often does Western Forest Products pay dividends? What is the dividend yield for Western Forest Products? Western Forest Products declared a quarterly dividend on Thursday, August 24th. Shareholders of record on Friday, September 15th will be given a dividend of 0.0125 per share on Friday, September 15th. This represents a $0.05 dividend on an annualized basis and a yield of 9.09%. The ex-dividend date is Thursday, August 24th. Read our dividend analysis for WEF. Is Western Forest Products a good dividend stock? Western Forest Products (TSE:WEF) pays an annual dividend of C$0.05 per share and currently has a dividend yield of 6.67%. WEF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for WEF. What other stocks do shareholders of Western Forest Products own? Based on aggregate information from My MarketBeat watchlists, some companies that other Western Forest Products investors own include AltaGas (ALA), Inter Pipeline (IPL), Canadian National Railway (CNR), Tourmaline Oil (TOU), Teck Resources (TECK.B), Canfor (CFP), Enbridge (ENB), ProMetic Life Sciences (PLI), Whitecap Resources (WCP) and Bombardier, Inc. Class B (BBD.B). How do I buy shares of Western Forest Products? Shares of WEF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. 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