OTCMKTS:WFSTF Western Forest Products (WFSTF) Stock Forecast, Price & News $0.63 +0.01 (+1.30%) (As of 03:27 PM ET) Add Compare Share Share Today's Range$0.63▼$0.6350-Day Range$0.62▼$0.8252-Week Range$0.62▼$1.08Volume32,088 shsAverage Volume21,617 shsMarket CapitalizationN/AP/E Ratio2.39Dividend Yield9.50%Price Target$2.53 ProfileProfileAnalyst RatingsChartCompetitorsDividendHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsDividendHeadlinesShort Interest Western Forest Products MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside305.8% Upside$2.53 Price TargetShort InterestBearishDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-1.17Based on 2 Articles This WeekInsider TradingN/AProj. 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.2.08 out of 5 stars 3.0 Analyst's Opinion Consensus RatingWestern 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/DownsideAccording 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 CoverageWestern Forest Products has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverWestern Forest Products has a short interest ratio ("days to cover") of 29, which indicates bearish sentiment.Change versus previous monthShort interest in Western Forest Products has recently decreased by 10.47%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipWestern 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 GrowthWestern Forest Products does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Western Forest Products is 22.67%. 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 WFSTF. Previous Next 1.0 News and Social Media Coverage News SentimentWestern 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 WeekMarketBeat has tracked 2 news articles for Western Forest Products this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Western Forest Products to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Forest Products insiders have not sold or bought any company stock.Percentage Held by Institutions75.27% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe 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. SectorThe 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. Previous Next See Top Rated MarketRank™ Stocks Here About Western Forest Products (OTCMKTS:WFSTF) StockWestern 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.Read More WFSTF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WFSTF Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comWestern Forest Products (OTCMKTS:WFSTF) Lowered to "Market Perform" at Raymond JamesSeptember 15, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc up on Thursday (WEF)September 27, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 26, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc flat on Friday (WEF)August 4, 2023 | finanznachrichten.deWestern Forest Products Inc.: Western Announces Second Quarter 2023 ResultsJuly 30, 2023 | theglobeandmail.comWestern Forest Products: Top 10 Undervalued Forest Products Industry Stocks (WEF)July 21, 2023 | markets.businessinsider.comRBC Capital Keeps Their Hold Rating on Western Forest Prod (WEF)June 30, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Release Date of Second Quarter 2023 Results and Conference Call DetailsSeptember 27, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.May 5, 2023 | msn.comWestern Forest Products (WFSTF) Declares $0.01 DividendMay 3, 2023 | marketwatch.comWestern Forest Products Says Lumber Markets Will Remain Volatile -- Commodity CommentMay 2, 2023 | markets.businessinsider.comWhat Wall Street expects from Western Forest Products's earningsApril 27, 2023 | finance.yahoo.comAlberni Pacific Division Working Group UpdateApril 19, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc flat on Tuesday (WEF)April 18, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc flat on Monday (WEF)April 15, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc up on Friday (WEF)February 19, 2023 | seekingalpha.comWestern Forest Products Inc. (WFSTF) Q4 2022 Earnings Call TranscriptFebruary 17, 2023 | seekingalpha.comWestern Forest Products Inc. declares $0.0125 dividendJanuary 30, 2023 | baystreet.caWestern Forest Products Closes B.C. Mill As Lumber Market FaltersDecember 1, 2022 | baystreet.caWestern Forest Products To Reduce Lumber ProductionNovember 30, 2022 | ca.finance.yahoo.comWestern Forest Products to temporarily reduce lumber production levels in DecemberNovember 30, 2022 | finance.yahoo.comWestern Forest Products Inc. Announces Temporary Production Curtailments in British ColumbiaNovember 23, 2022 | finance.yahoo.comThe Independent Director of Western Forest Products Inc. (TSE:WEF), John Williamson, Just Bought 294% More SharesNovember 17, 2022 | finance.yahoo.com7 Penny Stocks to Buy to Retire a MillionaireNovember 9, 2022 | finance.yahoo.comWestern Forest Products Third Quarter 2022 Earnings: Beats ExpectationsNovember 4, 2022 | seekingalpha.comWestern Forest Products Inc. (WFSTF) CEO Steven Hofer on Q3 2022 Results - Earnings Call TranscriptNovember 4, 2022 | marketwatch.comWestern Forest Products Sees North America Housing Market Supporting Lumber Demand -- Commodity CommentSee More Headlines Receive WFSTF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Forest Products and its competitors with MarketBeat's FREE daily newsletter. Email Address WFSTF Company Calendar Ex-Dividend for 9/15 Dividend8/24/2023Dividend Payable9/15/2023Today9/27/2023Next Earnings (Estimated)11/01/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Lumber & Wood Production Sub-IndustryN/A SectorBasic Materials Current SymbolOTCMKTS:WFSTF CUSIPN/A CIKN/A Webwww.westernforest.com Phone(604) 648-4500FaxN/AEmployees2,051Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio2.39 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. J. Steven Hofer (Age 53)Pres, CEO & Non-Independent Director Comp: $818.59kMr. Stephen WilliamsExec. VP & CFOMr. Bruce Lindsay AlexanderSr. VP of Sales, Marketing & ManufacturingMs. Jennifer Eileen FosterSr. VP of HR & Corp. AffairsMs. Alyce HarperVP, Gen. Counsel & Corp. Sec.Babita KhunkhunSr. Director of CommunicationsMr. Glen Douglas NontellVP of Corp. Devel.Mr. Morris MandziukTreasurerMore ExecutivesKey CompetitorsAcadian TimberOTCMKTS:ACAZFAccsys TechnologiesOTCMKTS:ACSYFArborGenOTCMKTS:RUBNFCanforOTCMKTS:CFPZFConifex TimberOTCMKTS:CFXTFView 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 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 Western Forest Products Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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