Western Forest Products Company Profile (TSE:WEF)

About Western Forest Products

Western Forest Products logoWestern Forest Products Inc. is a softwood forest products company, operating in the coastal region of British Columbia. The Company's businesses include the harvesting of timber, reforestation, forest management, the manufacturing and sale of lumber and wood chips, and the sale of logs. Its log and lumber products are sold in over 25 countries around the world. The Company's sawmills process hemlock and balsam, Douglas fir, yellow and western red cedar into commodity grades of lumber and residual wood chips that are sold externally for pulp production. Its lumber remanufacturing operations dry, saw and plane lumber are used in producing products, such as moldings, doors, windows, paneling and siding. Its business comprises over seven sawmills with an annual lumber capacity in excess of approximately 1.1 billion board feet, over two remanufacturing plants and timberland operations with approximately 6.2 million cubic meters of annual allowable cut (AAC) from evergreen tenures.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: WEF
  • CUSIP:
Key Metrics:
  • Previous Close: $2.11
  • 50 Day Moving Average: $1.95
  • 200 Day Moving Average: $1.99
  • 52-Week Range: C$1.79 - C$2.40
  • Trailing P/E Ratio: 8.87
  • P/E Growth: 0.56
  • Market Cap: $834.39M
  • Outstanding Shares: 395,447,000
Additional Links:

Analyst Ratings

Consensus Ratings for Western Forest Products (TSE:WEF) (?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: C$2.40

Analysts' Ratings History for Western Forest Products (TSE:WEF)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017CIBCBoost Price TargetC$1.85 -> C$2.00View Rating Details
2/21/2017TD SecuritiesReiterated RatingBuyC$2.50View Rating Details
2/21/2017Royal Bank of CanadaReiterated RatingOutperformC$2.25View Rating Details
2/17/2017Raymond James Financial, Inc.Reiterated RatingOutperformC$2.50View Rating Details
2/17/2017ScotiabankReiterated RatingOutperformC$2.50View Rating Details
1/6/2017RBC Capital MarketsLower Price TargetC$2.50 -> C$2.25View Rating Details
3/21/2016Dundee SecuritiesReiterated RatingBuyC$2.80View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Western Forest Products (TSE:WEF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
8/1/2014$0.07$0.07ViewN/AView Earnings Details
5/9/2014$0.06$0.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Western Forest Products (TSE:WEF)
Current Year EPS Consensus Estimate: $0.24 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.08$0.08$0.08
Q2 20162$0.04$0.06$0.05
Q3 20162$0.06$0.08$0.07
Q4 20162$0.06$0.06$0.06
Q1 20171$0.09$0.09$0.09
Q2 20171$0.06$0.06$0.06
Q3 20171$0.07$0.07$0.07
Q4 20171$0.07$0.07$0.07
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Western Forest Products (TSE:WEF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/27/2017QuarterlyC$0.023.72%2/27/20173/17/20173/17/2017
11/29/2016QuarterlyC$0.024.28%11/29/201612/16/201612/16/2016
8/30/2016QuarterlyC$0.023.81%8/30/20169/16/20169/16/2016
5/30/2016QuarterlyC$0.023.43%5/30/20166/17/20166/17/2016
2/29/2016QuarterlyC$0.023.88%2/29/20163/18/20163/18/2016
11/30/2015QuarterlyC$0.023.65%11/30/201512/18/201512/18/2015
8/10/2015QuarterlyC$0.024.28%8/28/20159/1/20159/18/2015
5/11/2015QuarterlyC$0.023.62%5/28/20156/1/20156/19/2015
2/20/2015QuarterlyC$0.023.57%2/26/20153/2/20153/20/2015
11/17/2014quarterlyC$0.023.27%11/27/201412/1/201412/19/2014
8/13/2014quarterlyC$0.023.24%8/28/20149/2/20149/19/2014
5/13/2014quarterlyC$0.023.38%5/29/20146/2/20146/20/2014
2/24/2014quarterlyC$0.023.09%2/27/20143/3/20143/21/2014
11/25/2013quarterlyC$0.024.79%11/28/201312/2/201312/20/2013
8/19/2013quarterlyC$0.028/30/20139/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Western Forest Products (TSE:WEF)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/24/2017Barrie ShinetonDirectorBuy45,000C$2.14C$96,300.00
6/7/2016Daniel Louis NocenteDirectorBuy2,600C$2.30C$5,980.00
2/26/2016Daniel Louis NocenteDirectorBuy7,000C$2.08C$14,560.00
2/24/2016Stephen D.A. WilliamsInsiderBuy4,000C$1.98C$7,900.00
9/25/2015Shannon JanzenInsiderBuy12,000C$1.71C$20,520.00
9/24/2015Stephen D.A. WilliamsInsiderBuy8,500C$1.68C$14,280.00
9/18/2015Stephen D.A. WilliamsInsiderBuy25,000C$1.68C$42,000.00
5/22/2015Anton Sebastien PeifferInsiderSell30,000C$2.22C$66,600.00
3/19/2015Richard Orval ForgaardInsiderBuy40,500C$1.91C$77,355.00
12/11/2014Michael T WaitesDirectorBuy15,000C$2.44C$36,600.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Western Forest Products (TSE:WEF)
DateHeadline
capitalcube.com logoWestern Forest Products, Inc. :WEF-CA: Earnings Analysis: Q4, 2016 By the Numbers : February 27, 2017 (TSE:WEF)
www.capitalcube.com - February 27 at 5:27 PM
News IconInvestors are Keeping Tabs on Western Forest Products Inc. (TSX:WEF) - Benton Bulletin (TSE:WEF)
bentonbulletin.com - February 25 at 4:23 AM
News IconTechnical Toolbox: Investor Focus on Western Forest Products Inc (WEF.TO) - Midway Monitor (TSE:WEF)
midwaymonitor.com - February 23 at 11:58 PM
News IconKeeping Tabs on Levels for Western Forest Products Inc. (TSX:WEF) - Piedmont Register (TSE:WEF)
piedmontregister.com - February 23 at 3:33 AM
News IconStock Review: Level Check for Western Forest Products Inc. (TSX:WEF) - Providence Standard (TSE:WEF)
providencestandard.com - February 18 at 7:35 PM
reuters.com logoBRIEF-Western Forest Products Inc reports Q4 EPS C$0.09 (TSE:WEF)
www.reuters.com - February 17 at 5:10 PM
News IconEquity Focus: Zeroing in on Shares of Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - February 17 at 7:16 AM
News IconInvesting Focus: Indicators in View on Shares of Western Forest Products Inc. (WEF.TO) - Davidson Register (TSE:WEF)
davidsonregister.com - February 17 at 7:16 AM
News IconWill Western Forest Products Inc (TSX:WEF) Continue To Underperform Its Industry? - Simply Wall St (TSE:WEF)
simplywall.st - February 17 at 7:16 AM
biz.yahoo.com logoQ4 2016 Western Forest Products Inc Earnings Release - After Market Close (TSE:WEF)
biz.yahoo.com - February 17 at 7:16 AM
finance.yahoo.com logoWestern Announces Fourth Quarter And Fiscal 2016 Year-End Results (TSE:WEF)
finance.yahoo.com - February 17 at 7:16 AM
finance.yahoo.com logoWestern Forest Products Inc. Confirms Record Date of First Quarter 2017 Dividend (TSE:WEF)
finance.yahoo.com - February 17 at 7:16 AM
News IconStock Circle: Looking Closer at Shares of Western Forest Products Inc. (TSX:WEF) - The Standard (TSE:WEF)
6milestandard.com - February 14 at 3:54 PM
News IconTechnical Levels in Review for Western Forest Products Inc. (WEF.TO) - Benton Bulletin (TSE:WEF)
bentonbulletin.com - February 14 at 3:54 PM
News IconMarket Desk: Reviewing the Numbers for Western Forest Products Inc. (TSX:WEF) - Baxter Review (TSE:WEF)
baxternewsreview.com - February 11 at 6:17 AM
News IconResearch Reports Initiated on Forest Products Stocks Western ... - Satellite PR News (press release) (TSE:WEF)
www.satprnews.com - February 9 at 6:38 AM
News IconMarket Sheet: Watching the Levels for Western Forest Products Inc. (TSX:WEF) - Searcy News (TSE:WEF)
searcysentinel.com - February 9 at 6:38 AM
News IconA look from Top to Bottom on Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - February 7 at 3:23 AM
News IconChart Watch: Following Indicators on Shares of Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - February 2 at 6:43 AM
News IconTrading Watch: FCF and Piotroski Score Check for Western Forest Products Inc. (TSX:WEF) - Gilbert Daily (TSE:WEF)
gilbertdaily.com - January 31 at 7:56 AM
stockhouse.com logoWestern Forest Products Inc. T.WEF (TSE:WEF)
www.stockhouse.com - January 28 at 2:02 AM
News IconWestern Forest Products permanently closes lumber remanufacturing plant (TSE:WEF)
www.woodworkingnetwork.com - January 28 at 2:02 AM
News IconSorting Out the Technicals on Shares of Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 27 at 3:59 PM
News IconTracking the Numbers for Western Forest Products Inc. (TSX:WEF) - Gilbert Daily (TSE:WEF)
gilbertdaily.com - January 27 at 3:59 PM
capitalcube.com logoWestern Forest Products, Inc. – Value Analysis (TORONTO:WEF) : January 27, 2017 (TSE:WEF)
www.capitalcube.com - January 27 at 3:59 PM
News IconInvestors are Watching Technical Levels on Shares of Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 27 at 6:44 AM
News IconUpdate on Valuation Formula's For Western Forest Products Inc. (TSX:WEF) - Gilbert Daily (TSE:WEF)
gilbertdaily.com - January 27 at 6:44 AM
News IconInside Track: Trading Focus on Shares of Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 27 at 6:44 AM
News IconWestern Forest Products permanently closes lumber ... - woodworkingnetwork.com (TSE:WEF)
www.woodworkingnetwork.com - January 27 at 6:44 AM
capitalcube.com logoWestern Forest Products, Inc. breached its 50 day moving average in a Bullish Manner : WEF-CA : January 26, 2017 (TSE:WEF)
www.capitalcube.com - January 27 at 6:44 AM
4-traders.com logoWestern Forest Products : Announces Remanufacturing Consolidation (TSE:WEF)
www.4-traders.com - January 25 at 9:46 PM
reuters.com logoBRIEF-Western Forest Products announces closure of its South Vancouver island remanufacturing plant (TSE:WEF)
www.reuters.com - January 25 at 9:46 PM
finance.yahoo.com logoWestern Forest Products Inc. Announces Remanufacturing Consolidation (TSE:WEF)
finance.yahoo.com - January 25 at 9:45 PM
fool.ca logoShould You Buy Western Forest Products Inc. for Income? (TSE:WEF)
www.fool.ca - January 25 at 4:31 PM
News IconNarrowing in on Trading Indicators for Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 24 at 3:17 PM
News IconRange Watch on Technical Indicators for Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 24 at 2:56 AM
nasdaq.com logoCANADA STOCKS-TSX Jumps 1 pct as oil rally boosts energy stocks; Trump eyed - Nasdaq (TSE:WEF)
www.nasdaq.com - January 20 at 3:42 PM
News IconInvesting Focus: Indicators in View on Shares of Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 20 at 3:42 PM
News IconChart Inspection on Shares of Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 19 at 4:25 PM
News IconFocusing on the Numbers for Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 19 at 4:25 PM
marketwired.com logoWestern Forest Products Announces Release Date of Fourth Quarter and Fiscal 2016 Results and Conference Call ... - Marketwired (press release) (TSE:WEF)
www.marketwired.com - January 16 at 12:18 PM
News IconTechnical Indicator Review on Shares of Western Forest Products Inc. (WEF.TO) - Rives Journal (TSE:WEF)
rivesjournal.com - January 16 at 12:18 PM
finance.yahoo.com logoWestern Forest Products Announces Release Date of Fourth Quarter and Fiscal 2016 Results and Conference Call Details (TSE:WEF)
finance.yahoo.com - January 16 at 12:18 PM
capitalcube.com logoETFs with exposure to Western Forest Products, Inc. : January 6, 2017 (TSE:WEF)
www.capitalcube.com - January 7 at 6:27 AM
News IconTechnical Buzz on Western Forest Products Inc. (TSX:WEF) - Stock Newsweek (TSE:WEF)
stocknewsweek.com - December 21 at 3:49 PM
News IconInvestor Lookout: Technical Indicator Watch for Western Forest Products Inc. (WEF.TO) - Wall Street Confidential (TSE:WEF)
wsconfidential.com - December 21 at 3:49 PM
News IconFollowing FCF Scores for Western Forest Products Inc. (TSX:WEF) - Stock Newsweek (TSE:WEF)
stocknewsweek.com - December 21 at 11:32 AM
News IconEnterprise Value Check for Western Forest Products Inc. (TSX:WEF) - Highland Digest (TSE:WEF)
highlanddigest.com - December 21 at 11:32 AM
News IconPrice Index Watch on Shares of Western Forest Products Inc. (TSX:WEF) - Stock Newsweek (TSE:WEF)
stocknewsweek.com - December 19 at 3:28 PM
News IconKeeping Tabs on Levels for Western Forest Products Inc. (TSX:WEF) - Stock Newsweek (TSE:WEF)
stocknewsweek.com - December 19 at 3:28 PM

Social

What is Western Forest Products' stock symbol?

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

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

Western Forest Products announced a quarterly dividend on Monday, February 27th. Stockholders of record on Friday, March 17th will be paid a dividend of 0.02 per share on Friday, March 17th. This represents a $0.08 annualized dividend and a dividend yield of 3.79%. The ex-dividend date is Monday, February 27th.

Where is Western Forest Products' stock going? Where will Western Forest Products' stock price be in 2017?

7 brokers have issued 1 year price objectives for Western Forest Products' stock. Their forecasts range from C$2.00 to C$2.80. On average, they anticipate Western Forest Products' stock price to reach C$2.40 in the next year.

When will Western Forest Products announce their earnings?

Western Forest Products is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

How do I buy Western Forest Products stock?

Shares of Western Forest Products and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Western Forest Products stock cost?

One share of Western Forest Products stock can currently be purchased for approximately C$2.11.

Western Forest Products (TSE:WEF) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Western Forest Products (TSE:WEF)

Earnings History Chart

Earnings by Quarter for Western Forest Products (TSE:WEF)

Dividend History Chart

Dividend Payments by Quarter for Western Forest Products (TSE:WEF)

Last Updated on 2/27/2017 by MarketBeat.com Staff