What is Westaim's stock price target for 2024?

0 analysts have issued twelve-month price objectives for Westaim's shares. Their WED share price targets range from C$5.20 to C$5.20. On average, they anticipate the company's share price to reach C$5.20 in the next year. This suggests a possible upside of 33.7% 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 47.9% and is now trading at C$3.89. 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, April 4th 2024. View our WED earnings forecast .

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 10.34%. 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) .

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 .

Westaim Stock Price, News & Analysis (CVE:WED)

C$3.89

0.00 (0.00%)

(As of 12/5/2023 05:23 PM ET)

Compare

Today's Range: C$3.86
▼
C$3.90
50-Day Range: C$3.52
▼
C$3.89
52-Week Range: C$2.46
▼
C$3.90

Volume: 58,040 shs
Average Volume: 164,905 shs
Market Capitalization: C$527.06 million

P/E Ratio: 2.24
Dividend Yield: 4.63%
Price Target: C$5.20

Stock Analysis Analyst Forecasts Chart Earnings Headlines Insider Trades

About Westaim Stock (CVE:WED)

The 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.

WED Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WED Stock News Headlines

November 20, 2023 | finance.yahoo.com

Westaim Announces Closing of Skyward Specialty’s Upsized Follow-On Offering

November 16, 2023 | msn.com

Westaim prices SKWD's upsized 5M offering

December 6, 2023 | DTI Trader (Ad)

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November 10, 2023 | morningstar.com

The Westaim Corp WEDXF

October 27, 2023 | usatoday.com

An emergency alert test will hit all phones Wednesday. How the wireless system works.

October 24, 2023 | msn.com

The Westaim Corporation: A Hidden Small-Cap Cheaply Priced Gem

October 3, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp up on Monday (WED)

September 21, 2023 | finance.yahoo.com

The Westaim Corporation Announces Appointment of Independent Director

December 6, 2023 | Wealthpress (Ad)

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September 16, 2023 | nasdaq.com

Wheat Continuing Higher into Wednesday

September 15, 2023 | finance.yahoo.com

The Westaim Corporation Announces Renewal of Normal Course Issuer Bid

September 14, 2023 | cbsnews.com

First Alert Weather: Partly cloud with stray rain showers; Yellow Alert for Wednesday

August 25, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp down on Thursday (WED)

August 17, 2023 | dailymail.co.uk

Are we all going to die next Wednesday?

August 15, 2023 | finance.yahoo.com

The Westaim Corporation Reports Q2 2023 Results

July 21, 2023 | usatoday.com

Tornadoes confirmed near Chicago Wednesday, touching down near O'Hare airport

July 20, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp flat on Wednesday (WED)

July 17, 2023 | businesswire.com

Westaim Announces Closing of Redemption of Preferred Securities

July 15, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp up on Friday (WED)

June 30, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp down on Friday (WED)

June 15, 2023 | finance.yahoo.com

Westaim Announces Amendment to its Previously Announced Normal Course Issuer Bid

June 12, 2023 | finance.yahoo.com

Westaim Announces Closing of Secondary Offering of Skyward Specialty’s Common Stock

June 12, 2023 | technews.tmcnet.com

Westaim Announces Intended Redemption of Preferred Securities

June 8, 2023 | msn.com

CORMARK SECURITIES INC. Maintains Westaim (TSXV:WED) Buy Recommendation

June 7, 2023 | finance.yahoo.com

Westaim Announces Pricing of Secondary Offering of Skyward Specialty’s Common Stock

June 7, 2023 | baystreet.ca

Edge Total, ADF at 52-Week Highs on News

June 5, 2023 | finance.yahoo.com

Westaim Announces Participation in Secondary Offering of Skyward Specialty’s Common Stock

See More Headlines

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Company Calendar

Today: 12/05/2023
Next Earnings (Estimated): 4/04/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: CVE
Industry: Asset Management
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: CVE:WED
CUSIP: N/A
CIK: N/A
Web: www.westaim.com
Phone: +1-416-9693333
Fax: N/A
Employees: 7
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$5.20
High Stock Price Target: C$5.20
Low Stock Price Target: C$5.20
Potential Upside/Downside: +33.7%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.74
Trailing P/E Ratio: 2.24
Forward P/E Ratio: 56.71
P/E Growth: N/A
Net Income: C$181.70 million
Net Margins: 93.33%
Pretax Margin: N/A
Return on Equity: 43.99%
Return on Assets: 25.77%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 31.65
Quick Ratio: 27.60

Sales & Book Value

Annual Sales: C$194.69 million
Price / Sales: 2.71
Cash Flow: C$3.88 per share
Price / Cash Flow: 1.00
Book Value: C$3.66 per share
Price / Book: 1.06

Miscellaneous

Outstanding Shares: 135,490,000
Free Float: N/A
Market Cap: C$527.06 million
Optionable: Not Optionable
Beta: 0.33

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Key Executives

Mr. John Cameron MacDonald CFA
President, CEO & Director
Mr. Glenn Garry MacNeil C.A. (Age 64)
C.M.A., CPA, CFA, CPA, Chief Financial Officer
Comp: $687.99k
Mr. Robert Terrance Kittel CFA (Age 51)
CPA, Chief Operating Officer
Comp: $1.5M
Mr. Stephen Lyndon Way (Age 74)
Chief Executive of HIIG
Comp: $711.47k
Ms. Karen Woodfield
Controller
Mr. Nakul Randev
Principal
Ms. Cristina Nunes
Advisor
Mr. William R. Andrus (Age 73)
Advisor

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

WED Stock Analysis - Frequently Asked Questions

What is Westaim's stock price target for 2024?: 0 analysts have issued twelve-month price objectives for Westaim's shares. Their WED share price targets range from C$5.20 to C$5.20. On average, they anticipate the company's share price to reach C$5.20 in the next year. This suggests a possible upside of 33.7% 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 47.9% and is now trading at C$3.89.
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, April 4th 2024.
View our WED earnings forecast.
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 10.34%. 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).
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.

This page (CVE:WED) was last updated on 12/6/2023 by MarketBeat.com Staff

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