Research Analysts Set Expectations for WFG FY2025 Earnings

West Fraser Timber Co. Ltd. (NYSE:WFG - Free Report) - Raymond James raised their FY2025 earnings estimates for shares of West Fraser Timber in a research note issued on Wednesday, April 23rd. Raymond James analyst D. Swetlishoff now expects that the company will post earnings of $1.70 per share for the year, up from their previous forecast of $1.53. Raymond James currently has a "Outperform" rating and a $90.00 target price on the stock. The consensus estimate for West Fraser Timber's current full-year earnings is $4.45 per share.

West Fraser Timber (NYSE:WFG - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $0.61 by ($0.15). The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.53 billion. West Fraser Timber had a positive return on equity of 0.88% and a negative net margin of 0.08%.

Other research analysts have also issued reports about the stock. Scotiabank decreased their price target on shares of West Fraser Timber from $109.00 to $100.00 and set a "sector outperform" rating on the stock in a research note on Tuesday, February 18th. TD Securities decreased their price target on shares of West Fraser Timber from $99.00 to $98.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Finally, Royal Bank of Canada decreased their price target on shares of West Fraser Timber from $117.00 to $99.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, West Fraser Timber has a consensus rating of "Buy" and an average target price of $100.40.

West Fraser Timber Price Performance

West Fraser Timber stock traded down $0.44 during midday trading on Friday, reaching $72.85. The company had a trading volume of 54,041 shares, compared to its average volume of 175,178. The company has a market capitalization of $5.62 billion, a P/E ratio of -346.90 and a beta of 1.21. West Fraser Timber has a 12-month low of $69.48 and a 12-month high of $102.40. The firm's fifty day simple moving average is $75.77 and its 200-day simple moving average is $85.23.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Headlands Technologies LLC acquired a new stake in shares of West Fraser Timber during the 4th quarter worth approximately $35,000. Kestra Investment Management LLC acquired a new stake in shares of West Fraser Timber during the 4th quarter worth approximately $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of West Fraser Timber during the 4th quarter worth approximately $52,000. GAMMA Investing LLC increased its holdings in shares of West Fraser Timber by 7,588.9% during the 1st quarter. GAMMA Investing LLC now owns 692 shares of the company's stock worth $53,000 after buying an additional 683 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in shares of West Fraser Timber by 22.5% during the 4th quarter. Signaturefd LLC now owns 1,078 shares of the company's stock worth $93,000 after buying an additional 198 shares during the last quarter. 40.23% of the stock is owned by hedge funds and other institutional investors.

West Fraser Timber Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Friday, March 14th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date was Friday, March 14th. West Fraser Timber's dividend payout ratio (DPR) is -752.94%.

West Fraser Timber Company Profile

West Fraser Timber Co Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir, douglas fir-larch, hem-fir, and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards.