FY2026 Earnings Estimate for TSE:WEF Issued By Scotiabank

Key Points

• Scotiabank raised its FY2026 loss estimate for Western Forest Products to C$2.29 per share from C$2.99, while projecting a FY2027 loss of C$0.31 per share.
• Analysts remain cautious: Western Forest Products has a consensus “Hold” rating from five analysts, with an average price target of C$18.40.
• The company reported C$1.10 in quarterly EPS on C$239.6 million in revenue, but continued to post a negative net margin of 9.64% and negative return on equity of 17.78%.

Western Forest Products Inc. (TSE:WEF - Free Report) - Investment analysts at Scotiabank increased their FY2026 earnings estimates for Western Forest Products in a report issued on Monday, August 17th. Scotiabank analyst B. Isaacson now expects that the company will earn ($2.29) per share for the year, up from their prior estimate of ($2.99). The consensus estimate for Western Forest Products' current full-year earnings is $0.00 per share. Scotiabank also issued estimates for Western Forest Products' FY2027 earnings at ($0.31) EPS.

WEF has been the topic of several other research reports. Raymond James Financial raised their target price on Western Forest Products from C$12.50 to C$20.00 and gave the stock a "market perform" rating in a research report on Monday, July 27th. Royal Bank Of Canada upped their price target on Western Forest Products from C$16.00 to C$18.00 and gave the company a "sector perform" rating in a report on Friday, August 14th. Finally, TD boosted their price objective on shares of Western Forest Products from C$19.00 to C$20.00 and gave the stock a "hold" rating in a research report on Friday, August 14th. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of C$18.40.

Western Forest Products Price Performance

Western Forest Products stock opened at C$18.46 on Wednesday. Western Forest Products has a 12-month low of C$10.16 and a 12-month high of C$19.40. The company has a current ratio of 2.44, a quick ratio of 0.73 and a debt-to-equity ratio of 12.63. The stock has a market cap of C$194.90 million, a P/E ratio of -2.31, a price-to-earnings-growth ratio of 0.32 and a beta of 0.23. The company has a fifty day simple moving average of C$17.97 and a 200-day simple moving average of C$15.77.

Western Forest Products (TSE:WEF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C$1.10 EPS for the quarter. Western Forest Products had a negative net margin of 9.64% and a negative return on equity of 17.78%. The company had revenue of C$239.60 million during the quarter.

Insider Activity

In related news, Director Elizabeth Kernaghan sold 1,800 shares of the company's stock in a transaction dated Tuesday, July 14th. The stock was sold at an average price of C$19.05, for a total value of C$34,290.00. Following the completion of the sale, the director directly owned 1,889,000 shares of the company's stock, valued at C$35,985,450. This represents a 0.10% decrease in their position. Also, insider Kernwood Limited sold 2,700 shares of the company's stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of C$19.00, for a total value of C$51,300.00. Following the completion of the sale, the insider directly owned 1,900,800 shares of the company's stock, valued at approximately C$36,115,200. This trade represents a 0.14% decrease in their ownership of the stock. In the last ninety days, insiders have sold 14,200 shares of company stock worth $270,980. Corporate insiders own 0.67% of the company's stock.

About Western Forest Products

Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's largest markets and contribute the vast majority of its total revenue.

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