CVE:WED Westaim (WED) Stock Forecast, Price & News C$3.55 +0.01 (+0.28%) (As of 10/2/2023 05:21 PM ET) Add Compare Share Share Today's RangeC$3.52▼C$3.5750-Day RangeC$3.45▼C$3.6052-Week RangeC$2.40▼C$3.73Volume332,177 shsAverage Volume151,729 shsMarket CapitalizationC$493.41 millionP/E Ratio2.63Dividend Yield5.07%Price TargetC$5.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlines Westaim MarketRank™ ForecastAnalyst Rating0.00 Rating ScoreUpside/Downside40.8% UpsideC$5.00 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$340,927 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.65 out of 5 stars 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of C$5.00, Westaim has a forecasted upside of 40.8% from its current price of C$3.55.Amount of Analyst CoverageWestaim has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for WED. Previous Next 2.5 Dividend Strength Dividend LeadershipWestaim is a leading dividend payer. It pays a dividend yield of 10.32%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestaim does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Westaim is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WED. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows1 people have added Westaim to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Westaim insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$340,927.00 in company stock.Percentage Held by Insiders14.91% of the stock of Westaim is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 9.22% of the stock of Westaim is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Westaim is 2.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Westaim is 2.63, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 279.16.Price to Book Value per Share RatioWestaim has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Westaim (CVE:WED) StockThe Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds. The firm seeks to provide long term capital to businesses operating in the global financial services industry. It typically acquires controlling interests in businesses. The firm seeks to acquire debt, equity, or derivative securities of both public and private companies. It invests with the objective of providing its shareholders with capital appreciation and real wealth preservation. The firm seeks to provide its portfolio companies with advisory services including, but not limited to, advice on capital allocation, financing strategy, performance measurement and merger and acquisition support. It also seeks to partner with like-minded providers of third party capital to help supplement the firm's own capital, when completing acquisitions. The firm generally seeks to hold its investments for seven to 15 years. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada.Read More WED Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WED Stock News HeadlinesSeptember 21, 2023 | finance.yahoo.comThe Westaim Corporation Announces Appointment of Independent DirectorSeptember 16, 2023 | nasdaq.comWheat Continuing Higher into WednesdayOctober 3, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 15, 2023 | finance.yahoo.comThe Westaim Corporation Announces Renewal of Normal Course Issuer BidSeptember 14, 2023 | cbsnews.comFirst Alert Weather: Partly cloud with stray rain showers; Yellow Alert for WednesdayAugust 25, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp down on Thursday (WED)August 17, 2023 | dailymail.co.ukAre we all going to die next Wednesday?August 15, 2023 | finance.yahoo.comThe Westaim Corporation Reports Q2 2023 ResultsOctober 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...July 21, 2023 | usatoday.comTornadoes confirmed near Chicago Wednesday, touching down near O'Hare airportJuly 20, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp flat on Wednesday (WED)July 17, 2023 | businesswire.comWestaim Announces Closing of Redemption of Preferred SecuritiesJuly 15, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp up on Friday (WED)June 30, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp down on Friday (WED)June 15, 2023 | finance.yahoo.comWestaim Announces Amendment to its Previously Announced Normal Course Issuer BidJune 12, 2023 | finance.yahoo.comWestaim Announces Closing of Secondary Offering of Skyward Specialty’s Common StockJune 12, 2023 | technews.tmcnet.comWestaim Announces Intended Redemption of Preferred SecuritiesJune 8, 2023 | msn.comCORMARK SECURITIES INC. Maintains Westaim (TSXV:WED) Buy RecommendationJune 7, 2023 | finance.yahoo.comWestaim Announces Pricing of Secondary Offering of Skyward Specialty’s Common StockJune 7, 2023 | baystreet.caEdge Total, ADF at 52-Week Highs on NewsJune 5, 2023 | finance.yahoo.comWestaim Announces Participation in Secondary Offering of Skyward Specialty’s Common StockMay 24, 2023 | ca.finance.yahoo.comTotal, Westaim at 52-Week HighsMay 16, 2023 | finance.yahoo.comThe Westaim Corporation Reports Q1 2023 ResultsMay 5, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp down on Tuesday (WED)April 27, 2023 | finance.yahoo.comWestaim Announces Details for Investor Day and Shareholders MeetingApril 23, 2023 | usatoday.com600-pound NASA satellite expected to crash into Earth Wednesday night, location unknownApril 22, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp up on Wednesday (WED)See More Headlines Receive WED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Westaim and its competitors with MarketBeat's FREE daily newsletter. Email Address WED Company Calendar Last Earnings8/15/2023Today10/03/2023Next Earnings (Estimated)11/09/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeCVE Industry Asset Management Sub-IndustryN/A SectorFinancial Services Current SymbolCVE:WED CUSIPN/A CIKN/A Webwww.westaim.com Phone+1-416-9693333FaxN/AEmployees7Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$5.00 High Stock Price ForecastC$5.00 Low Stock Price ForecastC$5.00 Forecasted Upside/Downside+40.8%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.35 Trailing P/E Ratio2.63 Forward P/E Ratio9.36 P/E GrowthN/ANet IncomeC$141.87 million Net Margins91.68% Pretax MarginN/A Return on Equity34.58% Return on Assets19.21% Debt Debt-to-Equity Ratio8.02 Current Ratio22.18 Quick Ratio27.60 Sales & Book Value Annual SalesC$154.74 million Price / Sales3.19 Cash FlowC$3.54 per share Price / Cash Flow1.00 Book ValueC$3.41 per share Price / Book1.04Miscellaneous Outstanding Shares138,990,000Free FloatN/AMarket CapC$493.41 million OptionableNot Optionable Beta0.41 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. John Cameron MacDonald CFAPres, CEO & DirectorMr. Glenn Garry MacNeil C.A. (Age 64)C.M.A., CPA, CFA, CPA, Chief Financial Officer Comp: $510kMr. Robert Terrance Kittel CFA (Age 51)CPA, Chief Operating Officer Comp: $1.11MMr. Stephen Lyndon Way (Age 74)Chief Exec. of HIIG Ms. Karen WoodfieldControllerMr. Nakul RandevPrincipalMs. Cristina NunesAdvisorMr. William R. Andrus (Age 73)Advisor More ExecutivesKey CompetitorsDividend 15 SplitTSE:DFNFiera CapitalTSE:FSZLife & Banc SplitTSE:LBSFinancial 15 SplitTSE:FTNCanadian BancTSE:BKView All CompetitorsInsidersJ. Cameron MacdonaldSold 95,766 sharesTotal: C$340,926.96 ($3.56/share)Parag ShahBought 273,400 shares on 1/26/2023Total: C$805,983.20 ($2.95/share)Parag ShahBought 125,000 shares on 1/24/2023Total: C$268,750.00 ($2.15/share)View All Insider Transactions WED Stock - Frequently Asked Questions What is Westaim's stock price forecast for 2023? 0 Wall Street research analysts have issued 12 month price targets for Westaim's stock. Their WED share price forecasts range from C$5.00 to C$5.00. On average, they expect the company's share price to reach C$5.00 in the next year. This suggests a possible upside of 40.8% from the stock's current price. View analysts price targets for WED or view top-rated stocks among Wall Street analysts. How have WED shares performed in 2023? Westaim's stock was trading at C$2.63 on January 1st, 2023. Since then, WED stock has increased by 35.0% and is now trading at C$3.55. View the best growth stocks for 2023 here. When is Westaim's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our WED earnings forecast. How were Westaim's earnings last quarter? The Westaim Co. (CVE:WED) released its earnings results on Tuesday, August, 15th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.02. The firm earned $4.44 million during the quarter, compared to analysts' expectations of $49.82 million. Westaim had a net margin of 91.68% and a trailing twelve-month return on equity of 34.58%. Is Westaim a good dividend stock? Westaim (CVE:WED) pays an annual dividend of C$0.18 per share and currently has a dividend yield of 10.32%. WED has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%. What other stocks do shareholders of Westaim own? Based on aggregate information from My MarketBeat watchlists, some companies that other Westaim investors own include BlackBerry (BB), Editas Medicine (EDIT), Finning International (FTT), Bank of Montreal (BMO), Medical Facilities (DR), Enbridge (ENB), Ford Motor (F), General Electric (GE) and Pulse Seismic (PSD). What is Westaim's stock symbol? Westaim trades on the Canadian Venture Exchange (CVE) under the ticker symbol "WED." How do I buy shares of Westaim? Shares of WED stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Westaim's stock price today? One share of WED stock can currently be purchased for approximately C$3.55. How much money does Westaim make? Westaim (CVE:WED) has a market capitalization of C$493.41 million and generates C$154.74 million in revenue each year. The company earns C$141.87 million in net income (profit) each year or C$1.35 on an earnings per share basis. How can I contact Westaim? Westaim's mailing address is 70 York St Suite 1700, TORONTO, ON M5J 1S9, Canada. The official website for the company is www.westaim.com. The company can be reached via phone at +1-416-9693333. This page (CVE:WED) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Westaim Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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