Q2 Earnings Estimate for WFG Issued By Scotiabank

West Fraser Timber Co. Ltd. (NYSE:WFG - Free Report) - Investment analysts at Scotiabank issued their Q2 2025 EPS estimates for shares of West Fraser Timber in a note issued to investors on Monday, April 28th. Scotiabank analyst B. Isaacson anticipates that the company will earn $1.07 per share for the quarter. Scotiabank has a "Sector Outperform" rating and a $100.00 price target on the stock. The consensus estimate for West Fraser Timber's current full-year earnings is $4.45 per share.

Several other equities analysts also recently commented on the stock. 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. Raymond James decreased their target price on shares of West Fraser Timber from $105.00 to $90.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. Finally, TD Securities dropped 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 research report on Thursday, April 24th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $100.40.

West Fraser Timber Price Performance

NYSE WFG traded up $0.70 on Wednesday, reaching $74.89. The stock had a trading volume of 98,842 shares, compared to its average volume of 175,055. West Fraser Timber has a 1-year low of $69.48 and a 1-year high of $102.40. The company has a market cap of $5.78 billion, a P/E ratio of -356.62 and a beta of 1.21. The firm has a fifty day moving average of $75.54 and a two-hundred day moving average of $84.79.

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

Hedge Funds Weigh In On West Fraser Timber

Several hedge funds and other institutional investors have recently made changes to their positions in the company. FIL Ltd increased its stake in West Fraser Timber by 35.5% in the fourth quarter. FIL Ltd now owns 5,041,873 shares of the company's stock valued at $436,861,000 after acquiring an additional 1,319,843 shares during the last quarter. Norges Bank bought a new position in shares of West Fraser Timber in the 4th quarter valued at $81,605,000. Price T Rowe Associates Inc. MD raised its holdings in shares of West Fraser Timber by 56.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,162,049 shares of the company's stock worth $187,126,000 after buying an additional 780,313 shares in the last quarter. Bank of America Corp DE lifted its position in shares of West Fraser Timber by 200.3% during the 4th quarter. Bank of America Corp DE now owns 315,019 shares of the company's stock worth $27,265,000 after buying an additional 210,107 shares during the last quarter. Finally, Genus Capital Management Inc. boosted its stake in West Fraser Timber by 202.9% in the first quarter. Genus Capital Management Inc. now owns 84,374 shares of the company's stock valued at $6,480,000 after buying an additional 166,386 shares in the last quarter. 40.23% of the stock is currently owned by institutional investors and hedge funds.

West Fraser Timber Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders 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 1.71%. West Fraser Timber's payout ratio is -752.94%.

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.