OTCMKTS:WFSTF

Western Forest Products (WFSTF) Stock Forecast, Price & News

$0.63

+0.01 (+1.30%)

(As of 03:27 PM ET)

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Today's Range: $0.63
▼
$0.63
50-Day Range: $0.62
▼
$0.82
52-Week Range: $0.62
▼
$1.08

Volume: 32,088 shs
Average Volume: 21,617 shs
Market Capitalization: N/A

P/E Ratio: 2.39
Dividend Yield: 9.50%
Price Target: $2.53

Profile Analyst Ratings Chart Competitors Dividend Headlines Short Interest

Western Forest Products MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 305.8% Upside
$2.53 Price Target
Short Interest: Bearish
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -1.17
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Western Forest Products has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.53, Western Forest Products has a forecasted upside of 305.8% from its current price of $0.62.
Amount of Analyst Coverage
Western Forest Products has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Western Forest Products has a short interest ratio ("days to cover") of 29, which indicates bearish sentiment.
Change versus previous month
Short interest in Western Forest Products has recently decreased by 10.47%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Western Forest Products is a leading dividend payer. It pays a dividend yield of 3.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Western Forest Products does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Western Forest Products is 22.67%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WFSTF.

1.0

News and Social Media Coverage

News Sentiment
Western Forest Products has a news sentiment score of -1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Western Forest Products this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Western Forest Products to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Western Forest Products insiders have not sold or bought any company stock.
Percentage Held by Institutions
75.27% of the stock of Western Forest Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Western Forest Products is 2.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.05.
Price to Earnings Ratio vs. Sector
The P/E ratio of Western Forest Products is 2.36, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.82.

See Top Rated MarketRank™ Stocks Here

About Western Forest Products (OTCMKTS:WFSTF) Stock

Western Forest Products Inc. operates as an integrated forest products company in Canada, the United States, Japan, China, Europe, and internationally. The company is involved in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber activities. Its products have applications in outdoor living, exterior appearance, interior living, industrial, and structural applications. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada.

WFSTF Price History

30 days | 90 days | 365 days | Advanced Chart

WFSTF Stock News Headlines

September 26, 2023 | americanbankingnews.com

Western Forest Products (OTCMKTS:WFSTF) Lowered to "Market Perform" at Raymond James

September 15, 2023 | theglobeandmail.com

Closing Bell: Western Forest Products Inc up on Thursday (WEF)

September 27, 2023 | Chaikin Analytics (Ad)

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August 26, 2023 | theglobeandmail.com

Closing Bell: Western Forest Products Inc flat on Friday (WEF)

August 4, 2023 | finanznachrichten.de

Western Forest Products Inc.: Western Announces Second Quarter 2023 Results

July 30, 2023 | theglobeandmail.com

Western Forest Products: Top 10 Undervalued Forest Products Industry Stocks (WEF)

July 21, 2023 | markets.businessinsider.com

RBC Capital Keeps Their Hold Rating on Western Forest Prod (WEF)

June 30, 2023 | finance.yahoo.com

Western Forest Products Inc. Announces Release Date of Second Quarter 2023 Results and Conference Call Details

September 27, 2023 | Chaikin Analytics (Ad)

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May 5, 2023 | msn.com

Western Forest Products (WFSTF) Declares $0.01 Dividend

May 3, 2023 | marketwatch.com

Western Forest Products Says Lumber Markets Will Remain Volatile -- Commodity Comment

May 2, 2023 | markets.businessinsider.com

What Wall Street expects from Western Forest Products's earnings

April 27, 2023 | finance.yahoo.com

Alberni Pacific Division Working Group Update

April 19, 2023 | theglobeandmail.com

Closing Bell: Western Forest Products Inc flat on Tuesday (WEF)

April 18, 2023 | theglobeandmail.com

Closing Bell: Western Forest Products Inc flat on Monday (WEF)

April 15, 2023 | theglobeandmail.com

Closing Bell: Western Forest Products Inc up on Friday (WEF)

February 19, 2023 | seekingalpha.com

Western Forest Products Inc. (WFSTF) Q4 2022 Earnings Call Transcript

February 17, 2023 | seekingalpha.com

Western Forest Products Inc. declares $0.0125 dividend

January 30, 2023 | baystreet.ca

Western Forest Products Closes B.C. Mill As Lumber Market Falters

December 1, 2022 | baystreet.ca

Western Forest Products To Reduce Lumber Production

November 30, 2022 | ca.finance.yahoo.com

Western Forest Products to temporarily reduce lumber production levels in December

November 30, 2022 | finance.yahoo.com

Western Forest Products Inc. Announces Temporary Production Curtailments in British Columbia

November 23, 2022 | finance.yahoo.com

The Independent Director of Western Forest Products Inc. (TSE:WEF), John Williamson, Just Bought 294% More Shares

November 17, 2022 | finance.yahoo.com

7 Penny Stocks to Buy to Retire a Millionaire

November 9, 2022 | finance.yahoo.com

Western Forest Products Third Quarter 2022 Earnings: Beats Expectations

November 4, 2022 | seekingalpha.com

Western Forest Products Inc. (WFSTF) CEO Steven Hofer on Q3 2022 Results - Earnings Call Transcript

November 4, 2022 | marketwatch.com

Western Forest Products Sees North America Housing Market Supporting Lumber Demand -- Commodity Comment

See More Headlines

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WFSTF Company Calendar

Ex-Dividend for 9/15 Dividend: 8/24/2023
Dividend Payable: 9/15/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/01/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Lumber & Wood Production
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:WFSTF
CUSIP: N/A
CIK: N/A
Web: www.westernforest.com
Phone: (604) 648-4500
Fax: N/A
Employees: 2,051
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.53
High Stock Price Forecast: $2.90
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +300.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 2.39
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. J. Steven Hofer (Age 53)
Pres, CEO & Non-Independent Director
Comp: $818.59k

Mr. Stephen Williams
Exec. VP & CFO

Mr. Bruce Lindsay Alexander
Sr. VP of Sales, Marketing & Manufacturing

Ms. Jennifer Eileen Foster
Sr. VP of HR & Corp. Affairs

Ms. Alyce Harper
VP, Gen. Counsel & Corp. Sec.

Babita Khunkhun
Sr. Director of Communications

Mr. Glen Douglas Nontell
VP of Corp. Devel.

Mr. Morris Mandziuk
Treasurer

Key Competitors

View All Competitors

WFSTF Stock - Frequently Asked Questions

Should I buy or sell Western Forest Products stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Forest Products in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WFSTF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WFSTF, but not buy additional shares or sell existing shares.
View WFSTF analyst ratings or view top-rated stocks.
What is Western Forest Products' stock price forecast for 2023?: 3 equities research analysts have issued 12 month target prices for Western Forest Products' shares. Their WFSTF share price forecasts range from $2.00 to $2.90. On average, they anticipate the company's stock price to reach $2.53 in the next year. This suggests a possible upside of 300.6% from the stock's current price.
View analysts price targets for WFSTF or view top-rated stocks among Wall Street analysts.
How have WFSTF shares performed in 2023?: Western Forest Products' stock was trading at $0.8565 on January 1st, 2023. Since then, WFSTF stock has decreased by 26.3% and is now trading at $0.6315.
View the best growth stocks for 2023 here.
When is Western Forest Products' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our WFSTF earnings forecast.
How often does Western Forest Products pay dividends? What is the dividend yield for Western Forest Products?: Western Forest Products announced a dividend on Saturday, August 19th. Stockholders of record on Friday, August 25th will be given a dividend of $0.0093 per share on Friday, September 15th. This represents a dividend yield of 5.16%. The ex-dividend date of this dividend is Thursday, August 24th. This is an increase from the stock's previous dividend of $0.01.
Read our dividend analysis for WFSTF.

Is Western Forest Products a good dividend stock?: Western Forest Products (OTCMKTS:WFSTF) pays an annual dividend of $0.06 per share and currently has a dividend yield of 3.51%. The dividend payout ratio is 22.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WFSTF.
What is Western Forest Products' stock symbol?: Western Forest Products trades on the OTCMKTS under the ticker symbol "WFSTF."
How do I buy shares of Western Forest Products?: Shares of WFSTF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Western Forest Products' stock price today?: One share of WFSTF stock can currently be purchased for approximately $0.63.
How many employees does Western Forest Products have?: The company employs 2,051 workers across the globe.
How can I contact Western Forest Products?: Western Forest Products' mailing address is Royal Centre Building, Vancouver, BC V6E. The official website for the company is www.westernforest.com. The company can be reached via phone at (604) 648-4500.

This page (OTCMKTS:WFSTF) was last updated on 9/27/2023 by MarketBeat.com Staff

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