What is Scotiabank's Estimate for TSE:WEF FY2026 Earnings?

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) - Equities researchers at Scotiabank boosted their FY2026 EPS estimates for shares of Western Forest Products in a report issued on Thursday, July 31st. Scotiabank analyst B. Isaacson now expects that the company will earn $1.01 per share for the year, up from their prior estimate of $0.90. The consensus estimate for Western Forest Products' current full-year earnings is $0.00 per share.

Several other equities research analysts have also recently issued reports on the stock. Royal Bank Of Canada decreased their price target on shares of Western Forest Products from C$21.00 to C$15.00 and set a "sector perform" rating on the stock in a research note on Tuesday, April 22nd. TD Securities cut their price objective on shares of 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. Finally, Raymond James Financial cut their price objective 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 report on Wednesday, April 30th.

Western Forest Products Stock Down 1.4%

Shares of Western Forest Products stock traded down C$0.19 during trading hours on Monday, hitting C$13.00. The company had a trading volume of 21,372 shares, compared to its average volume of 13,442. The company's 50-day moving average is C$12.15 and its two-hundred day moving average is C$12.33. Western Forest Products has a twelve month low of C$10.80 and a twelve month high of C$17.40. The company has a debt-to-equity ratio of 19.61, a current ratio of 3.04 and a quick ratio of 0.73. The company has a market cap of C$4.12 billion, a P/E ratio of -94.23, a price-to-earnings-growth ratio of 0.32 and a beta of 1.81.

Insider Transactions at Western Forest Products

In related news, insider Kernwood Limited purchased 211,883 shares of the stock in a transaction on Wednesday, June 11th. The shares were purchased at an average price of C$11.70 per share, with a total value of C$2,479,031.10. Insiders bought a total of 248,382 shares of company stock worth $2,901,154 in the last quarter. 0.67% of the stock is currently owned by company insiders.

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.