West Fraser Timber's (WFG) Market Perform Rating Reiterated at Raymond James Financial

Raymond James Financial restated their market perform rating on shares of West Fraser Timber (NYSE:WFG - Free Report) in a research note published on Monday morning, Marketbeat Ratings reports. Raymond James Financial also issued estimates for West Fraser Timber's Q2 2025 earnings at ($0.23) EPS, FY2025 earnings at ($1.31) EPS and FY2026 earnings at $1.86 EPS.

A number of other research analysts have also issued reports on WFG. Wall Street Zen lowered shares of West Fraser Timber from a "hold" rating to a "sell" rating in a report on Friday, July 18th. Royal Bank Of Canada dropped their price objective on shares of West Fraser Timber from $117.00 to $99.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. Finally, TD Securities lowered their price target on shares of West Fraser Timber from $99.00 to $98.00 and set a "buy" rating for the company in a report on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, West Fraser Timber presently has an average rating of "Moderate Buy" and a consensus price target of $100.40.

West Fraser Timber Trading Down 5.8%

West Fraser Timber stock traded down $4.39 during trading hours on Monday, reaching $71.05. 217,876 shares of the stock were exchanged, compared to its average volume of 202,919. The company has a market cap of $5.45 billion, a P/E ratio of -417.92 and a beta of 1.15. West Fraser Timber has a twelve month low of $69.48 and a twelve month high of $102.40. The stock has a 50 day moving average of $74.68 and a two-hundred day moving average of $77.74.

West Fraser Timber (NYSE:WFG - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The company reported ($0.38) EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.74). The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.61 billion. West Fraser Timber had a return on equity of 0.99% and a net margin of 0.03%. On average, analysts expect that West Fraser Timber will post 4.45 earnings per share for the current fiscal year.

West Fraser Timber Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 14th. Stockholders of record on Thursday, June 26th were paid a $0.32 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $1.28 annualized dividend and a dividend yield of 1.80%. West Fraser Timber's dividend payout ratio is currently -752.94%.

Institutional Trading of West Fraser Timber

Several hedge funds have recently modified their holdings of WFG. Raymond James Financial Inc. acquired a new stake in West Fraser Timber in the 4th quarter valued at $487,000. Avantax Advisory Services Inc. grew its position in West Fraser Timber by 4.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 3,002 shares of the company's stock valued at $260,000 after purchasing an additional 121 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in West Fraser Timber by 16.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,964 shares of the company's stock valued at $343,000 after purchasing an additional 555 shares during the period. Signaturefd LLC grew its position in West Fraser Timber by 22.5% in the 4th quarter. Signaturefd LLC now owns 1,078 shares of the company's stock valued at $93,000 after purchasing an additional 198 shares during the period. Finally, Quantbot Technologies LP grew its position in West Fraser Timber by 61.8% in the 4th quarter. Quantbot Technologies LP now owns 5,901 shares of the company's stock valued at $511,000 after purchasing an additional 2,253 shares during the period. Institutional investors own 40.23% of the company's stock.

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.