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3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
The single greatest medical breakthrough of all time? (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
The single greatest medical breakthrough of all time? (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
The single greatest medical breakthrough of all time? (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
TSE:WEF

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

C$0.84
-0.01 (-1.18%)
(As of 09/21/2023 ET)
Compare
Today's Range
C$0.83
C$0.86
50-Day Range
C$0.84
C$1.07
52-Week Range
C$0.83
C$1.45
Volume
109,188 shs
Average Volume
374,910 shs
Market Capitalization
C$266.07 million
P/E Ratio
N/A
Dividend Yield
5.95%
Price Target
C$1.35

Western Forest Products MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
60.7% Upside
C$1.35 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.

2.05 out of 5 stars


WEF stock logo

About Western Forest Products (TSE:WEF) 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.

WEF Price History

WEF Stock News Headlines

RBC Capital Sticks to Its Hold Rating for Western Forest Prod (WEF)
DOD Consultant's big 2024 prediction looks to be coming true
Earlier this year, a Department of Defense (DOD) consultant went public with a big prediction…About how a surprising 2024 event would dramatically affect you and your money. The most recent figures (published June 9th 2023) indicate he’s very likely to be right. Get the facts—learn how to prepare. Full analysis available free of charge here…
Resideo Announces Second Quarter 2023 Financial Results
Western Announces Second Quarter 2023 Results
DOD Consultant's big 2024 prediction looks to be coming true
Earlier this year, a Department of Defense (DOD) consultant went public with a big prediction…About how a surprising 2024 event would dramatically affect you and your money. The most recent figures (published June 9th 2023) indicate he’s very likely to be right. Get the facts—learn how to prepare. Full analysis available free of charge here…
Western Announces First Quarter 2023 Results
See More Headlines
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WEF Company Calendar

Last Earnings
8/03/2023
Ex-Dividend for 9/15 Dividend
8/24/2023
Dividend Payable
9/15/2023
Today
9/22/2023
Next Earnings (Estimated)
11/02/2023

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$1.35
High Stock Price Forecast
C$1.50
Low Stock Price Forecast
C$1.15
Forecasted Upside/Downside
+60.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
C$-52,200,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.19 billion
Cash Flow
C$0.08 per share
Book Value
C$1.89 per share

Miscellaneous

Free Float
N/A
Market Cap
C$266.07 million
Optionable
Not Optionable
Beta
1.92
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Key Executives

  • Mr. J. Steven Hofer (Age 53)
    Pres, CEO & Non-Independent Director
    Comp: $1.11M
  • 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













WEF Stock - Frequently Asked Questions

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

3 Wall Street 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 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 Wall Street analysts have issued twelve-month price objectives for Western Forest Products' shares. Their WEF share price forecasts range from C$1.15 to C$1.50. On average, they expect the company's stock price to reach C$1.35 in the next year. This suggests a possible upside of 60.7% 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 2023. Since then, WEF stock has decreased by 27.6% and is now trading at C$0.84.
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 Thursday, November 2nd 2023.
View our WEF earnings forecast
.

How were Western Forest Products' earnings last quarter?

Western Forest Products Inc. (TSE:WEF) issued its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.02. The firm had revenue of $276 million for the quarter. Western Forest Products had a negative net margin of 4.40% and a negative trailing twelve-month return on equity of 8.27%.

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, August 24th. Investors of record on Friday, September 15th will be paid a dividend of 0.0125 per share on Friday, September 15th. This represents a $0.05 annualized dividend and a yield of 5.95%. The ex-dividend date is Thursday, August 24th.
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 5.68%. WEF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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$0.84.

How much money does Western Forest Products make?

Western Forest Products (TSE:WEF) has a market capitalization of C$266.07 million and generates C$1.19 billion in revenue each year. The company earns C$-52,200,000.00 in net income (profit) each year or C($0.16) 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 9/22/2023 by MarketBeat.com Staff

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