Q3 EPS Forecast for West Fraser Timber Lowered by Analyst

Key Points

• Scotiabank lowered West Fraser Timber’s Q3 2026 EPS forecast to a loss of $0.80 per share from its previous estimate of a $0.52 loss. The full-year consensus estimate is a loss of $3.80 per share.
• West Fraser’s latest quarterly results missed expectations, with an EPS loss of $1.03 versus the $0.76 consensus and revenue of $1.36 billion versus the expected $1.42 billion.
• Despite mixed analyst views, the stock has a “Moderate Buy” consensus rating and an $84.80 average price target, compared with its $68.50 opening price. The company also pays a quarterly dividend of $0.32, yielding about 1.9%.

West Fraser Timber Co. Ltd. (NYSE:WFG - Free Report) - Equities research analysts at Scotiabank cut their Q3 2026 earnings estimates for West Fraser Timber in a note issued to investors on Monday, October 26th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of ($0.80) for the quarter, down from their previous forecast of ($0.52). The consensus estimate for West Fraser Timber's current full-year earnings is ($3.80) per share.

Several other equities research analysts have also recently weighed in on WFG. Zacks Research raised West Fraser Timber from a "strong sell" rating to a "hold" rating in a research note on Friday, July 17th. Canadian Imperial Bank of Commerce reaffirmed a "neutral" rating on shares of West Fraser Timber in a research note on Friday, July 31st. Wall Street Zen upgraded West Fraser Timber from a "strong sell" rating to a "sell" rating in a report on Saturday, August 1st. Raymond James Financial upgraded West Fraser Timber from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $75.00 to $85.00 in a research report on Tuesday, September 15th. Finally, Royal Bank Of Canada dropped their price objective on shares of West Fraser Timber from $83.00 to $81.00 and set an "outperform" rating for the company in a research note on Friday, October 16th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $84.80.

West Fraser Timber Stock Down 1.7%

Shares of NYSE:WFG opened at $68.50 on Thursday. The company has a current ratio of 2.06, a quick ratio of 0.83 and a debt-to-equity ratio of 0.05. West Fraser Timber has a 12 month low of $57.34 and a 12 month high of $76.99. The company has a 50-day moving average price of $68.41 and a 200 day moving average price of $67.30. The company has a market cap of $5.36 billion, a price-to-earnings ratio of -4.44 and a beta of 1.06.

West Fraser Timber (NYSE:WFG - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported ($1.03) EPS for the quarter, missing analysts' consensus estimates of ($0.76) by ($0.27). West Fraser Timber had a negative return on equity of 10.84% and a negative net margin of 22.98%. The business had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $1.42 billion.

West Fraser Timber Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 19th. Shareholders of record on Tuesday, September 29th were paid a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.28 annualized dividend and a yield of 1.9%. West Fraser Timber's dividend payout ratio (DPR) is presently -8.29%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of WFG. Royal Bank of Canada increased its stake in West Fraser Timber by 10.3% in the 1st quarter. Royal Bank of Canada now owns 3,450,867 shares of the company's stock worth $225,306,000 after buying an additional 321,102 shares during the period. Donald Smith & CO. Inc. bought a new stake in West Fraser Timber during the 2nd quarter valued at about $110,334,000. Manning & Napier Advisors LLC bought a new stake in West Fraser Timber during the 2nd quarter valued at about $86,416,000. Atlas FRM LLC purchased a new stake in West Fraser Timber in the 2nd quarter valued at about $50,090,600. Finally, Van ECK Associates Corp boosted its position in West Fraser Timber by 171.7% in the 2nd quarter. Van ECK Associates Corp now owns 736,913 shares of the company's stock valued at $49,836,000 after buying an additional 465,694 shares during the period. Institutional investors own 40.23% of the company's stock.

About West Fraser Timber

West Fraser Timber Co Ltd. is a diversified wood products company that manufactures and sells building materials for residential, commercial and industrial applications. Its principal products include lumber, oriented strand board, laminated veneer lumber and other engineered wood products used in construction, remodeling and manufacturing.

The company operates wood product manufacturing facilities and manages timber resources across Canada and the United States, with a significant presence in Western Canada and the U.S.

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