FY2026 Earnings Estimate for TSE:WEF Issued By Scotiabank

Key Points

• Scotiabank analysts have raised their FY2026 earnings per share (EPS) estimate for Western Forest Products from $0.90 to $1.01.
• Other analysts, including TD Securities and Royal Bank of Canada, have downgraded their target prices for Western Forest Products, indicating a more cautious outlook.
• Insider activity has increased, with Kernwood Limited acquiring 211,883 shares, signaling confidence in the company's future despite recent price adjustments.

Western Forest Products Inc. (TSE:WEF - Free Report) - Investment analysts at Scotiabank increased their FY2026 earnings per share estimates for Western Forest Products in a research note issued on Thursday, July 31st. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of $1.01 for the year, up from their previous estimate of $0.90. The consensus estimate for Western Forest Products' current full-year earnings is $0.00 per share.

A number of other brokerages also recently commented on WEF. TD Securities lowered their price objective on Western Forest Products from C$16.50 to C$13.50 and set a "hold" rating on the stock in a report on Thursday, April 17th. Raymond James Financial decreased their target price on shares of Western Forest Products from C$15.00 to C$12.00 and set a "market perform" rating on the stock in a research report on Wednesday, April 30th. Finally, Royal Bank Of Canada reduced their price objective on shares of Western Forest Products from C$21.00 to C$15.00 and set a "sector perform" rating for the company in a research note on Tuesday, April 22nd.

Western Forest Products Stock Down 2.9%

Western Forest Products stock traded down C$0.38 during trading on Monday, reaching C$12.87. The stock had a trading volume of 18,123 shares, compared to its average volume of 13,508. The company has a quick ratio of 0.73, a current ratio of 3.04 and a debt-to-equity ratio of 19.61. Western Forest Products has a 52-week low of C$10.80 and a 52-week high of C$17.40. The business has a 50 day moving average price of C$12.19 and a 200 day moving average price of C$12.34. The stock has a market cap of C$4.08 billion, a PE ratio of -93.28, a P/E/G ratio of 0.32 and a beta of 1.81.

Insider Activity

In other Western Forest Products news, insider Kernwood Limited bought 35,433 shares of the business's stock in a transaction on Wednesday, June 25th. The shares were purchased at an average price of C$11.55 per share, with a total value of C$409,251.15. In the last quarter, insiders have bought 248,382 shares of company stock valued at $2,901,154. Corporate insiders own 0.67% of the company's stock.

Western Forest Products Company Profile

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.