West Fraser Timber (WFG) Expected to Announce Quarterly Earnings on Tuesday

West Fraser Timber (NYSE:WFG - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Tuesday, April 22nd. Analysts expect West Fraser Timber to post earnings of $0.53 per share and revenue of $1.53 billion for the quarter.

West Fraser Timber (NYSE:WFG - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.55) by $0.63. West Fraser Timber had a negative net margin of 0.08% and a positive return on equity of 0.88%. On average, analysts expect West Fraser Timber to post $4 EPS for the current fiscal year and $8 EPS for the next fiscal year.

West Fraser Timber Stock Up 0.0 %

Shares of NYSE:WFG traded up $0.02 during trading on Friday, hitting $73.31. 110,285 shares of the company traded hands, compared to its average volume of 176,027. The business's fifty day moving average is $76.76 and its 200-day moving average is $86.46. The stock has a market capitalization of $5.65 billion, a price-to-earnings ratio of -349.08 and a beta of 1.21. West Fraser Timber has a one year low of $69.48 and a one year high of $102.40.

West Fraser Timber Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Friday, March 14th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.28 dividend on an annualized basis and a yield of 1.75%. West Fraser Timber's payout ratio is currently -609.52%.

Wall Street Analysts Forecast Growth

WFG has been the subject of several analyst reports. TD Securities reduced their price target on shares of West Fraser Timber from $110.00 to $99.00 and set a "buy" rating for the company in a report on Thursday. Scotiabank decreased their target price on shares of West Fraser Timber from $109.00 to $100.00 and set a "sector outperform" rating for the company in a research report on Tuesday, February 18th. Finally, Raymond James cut their price target on West Fraser Timber from $115.00 to $105.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $103.80.

About West Fraser Timber

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.