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TSE:WEF

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

C$1.07
0.00 (0.00%)
(As of 01:56 PM ET)
Compare
Today's Range
C$1.06
C$1.09
50-Day Range
C$1.01
C$1.14
52-Week Range
C$1.01
C$1.83
Volume
162,515 shs
Average Volume
500,622 shs
Market Capitalization
C$338.92 million
P/E Ratio
53.50
Dividend Yield
4.67%
Price Target
C$1.39

Western Forest Products MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
29.9% Upside
C$1.39 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.29 out of 5 stars


WEF stock logo

About Western Forest Products (TSE:WEF) Stock

Western Forest Products Inc. engages in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling businesses. Its products have applications in outdoor living; exterior appearance; interior living; and structural applications. The company sells its products in Canada, the United States, China, Japan, Europe, and internationally. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada.

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WEF Stock News Headlines

The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
Western Announces First Quarter 2023 Results
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
See More Headlines

WEF Price History

WEF Company Calendar

Ex-Dividend for 3/17 Dividend
2/23/2023
Dividend Payable
3/17/2023
Ex-Dividend for 6/16 Dividend
5/25/2023
Today
6/08/2023
Dividend Payable
6/16/2023
Next Earnings (Estimated)
8/02/2023

Industry, Sector and Symbol

Industry
Lumber, Wood Production
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,051
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$1.39
High Stock Price Forecast
C$1.50
Low Stock Price Forecast
C$1.25
Forecasted Upside/Downside
+29.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
C$6.90 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.35 billion
Cash Flow
C$0.11 per share
Book Value
C$1.98 per share

Miscellaneous

Free Float
N/A
Market Cap
C$338.92 million
Optionable
Not Optionable
Beta
1.95

Key Executives

  • 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
  • Mr. Donald Eugene Demens (Age 61)
    Advisor
    Comp: $2.84M
  • Ms. Shannon Janzen
    VP of Partnerships & Sustainability and Chief Forester
  • Mr. J. Steven Hofer (Age 53)
    Pres, CEO & Director
  • 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













WEF Stock - Frequently Asked Questions

Should I buy or sell Western Forest Products stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Forest Products in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WEF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WEF, but not buy additional shares or sell existing shares.
View WEF analyst ratings
or view top-rated stocks.

What is Western Forest Products' stock price forecast for 2023?

3 analysts have issued 12-month price targets for Western Forest Products' shares. Their WEF share price forecasts range from C$1.25 to C$1.50. On average, they predict the company's share price to reach C$1.39 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price.
View analysts price targets for WEF
or view top-rated stocks among Wall Street analysts.

How have WEF shares performed in 2023?

Western Forest Products' stock was trading at C$1.16 at the beginning of the year. Since then, WEF stock has decreased by 7.8% and is now trading at C$1.07.
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, August 2nd 2023.
View our WEF earnings forecast
.

How often does Western Forest Products pay dividends? What is the dividend yield for Western Forest Products?

Western Forest Products declared a quarterly dividend on Thursday, May 25th. Stockholders of record on Friday, June 16th will be given a dividend of 0.0125 per share on Friday, June 16th. This represents a $0.05 annualized dividend and a dividend yield of 4.67%. The ex-dividend date of this dividend is Thursday, May 25th.
Read our dividend analysis for WEF
.

Is Western Forest Products a good dividend stock?

Western Forest Products (TSE:WEF) pays an annual dividend of C$0.05 per share and currently has a dividend yield of 4.67%. WEF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 250.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for WEF.

What other stocks do shareholders of Western Forest Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Forest Products investors own include AltaGas (ALA), Inter Pipeline (IPL), Canadian National Railway (CNR), Tourmaline Oil (TOU), Teck Resources (TECK.B), Canfor (CFP), Enbridge (ENB), ProMetic Life Sciences (PLI), Whitecap Resources (WCP) and Bombardier, Inc. Class B (BBD.B).

What is Western Forest Products' stock symbol?

Western Forest Products trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WEF."

How do I buy shares of Western Forest Products?

Shares of WEF 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 Western Forest Products' stock price today?

One share of WEF stock can currently be purchased for approximately C$1.07.

How much money does Western Forest Products make?

Western Forest Products (TSE:WEF) has a market capitalization of C$338.92 million and generates C$1.35 billion in revenue each year. The company earns C$6.90 million in net income (profit) each year or C$0.02 on an earnings per share basis.

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 Suite 510 - 700 West Georgia Street TD Tower, P.O. Box 10032, VANCOUVER, BC V6E 3P3, Canada. The official website for the company is www.westernforest.com. The company can be reached via phone at +1-604-6484500.

This page (TSE:WEF) was last updated on 6/8/2023 by MarketBeat.com Staff

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