Western Forest Products Stock Price, News & Analysis (TSE:WEF) C$0.69 +0.02 (+2.99%) (As of 12/5/2023 ET) Add Compare Share Share Today's RangeC$0.65▼C$0.6950-Day RangeC$0.64▼C$0.8552-Week RangeC$0.63▼C$1.45Volume285,579 shsAverage Volume354,618 shsMarket CapitalizationC$218.56 millionP/E RatioN/ADividend Yield7.25%Price TargetC$0.98 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Western Forest Products MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside42.0% UpsideC$0.98 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.86Based on 4 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.2.31 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, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$0.98, Western Forest Products has a forecasted upside of 42.0% from its current price of C$0.69.Amount of Analyst CoverageWestern Forest Products has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for WEF. Previous Next 1.7 Dividend Strength Dividend LeadershipWestern Forest Products is a leading dividend payer. It pays a dividend yield of 6.67%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WEF. Previous Next 3.3 News and Social Media Coverage News SentimentWestern Forest Products has a news sentiment score of 0.86. 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 higher news sentiment than the 0.36 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Western Forest Products this week, compared to 0 articles on an average week.Search Interest3 people have searched for WEF on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Western Forest Products to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 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 InsidersOnly 0.38% of the stock of Western Forest Products is held by insiders.Percentage Held by Institutions53.87% 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 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Forest Products is -3.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Forest Products is -3.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioWestern Forest Products has a PEG Ratio of 0.32. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWestern Forest Products has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Western Forest Products Stock (TSE:WEF)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.Read More WEF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WEF Stock News HeadlinesNovember 30, 2023 | americanbankingnews.comFY2023 Earnings Estimate for Western Forest Products Inc. Issued By Raymond James (TSE:WEF)November 28, 2023 | americanbankingnews.comFY2025 Earnings Forecast for Western Forest Products Inc. (TSE:WEF) Issued By Raymond JamesDecember 6, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!November 19, 2023 | finance.yahoo.comShareholders in Western Forest Products (TSE:WEF) are in the red if they invested five years agoOctober 20, 2023 | markets.businessinsider.comRaymond James Sticks to Its Hold Rating for Western Forest Prod (WEF)September 30, 2023 | finance.yahoo.comShould You Investigate Western Forest Products Inc. (TSE:WEF) At CA$0.82?August 24, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc flat on Thursday (WEF)August 9, 2023 | markets.businessinsider.comRBC Capital Sticks to Its Hold Rating for Western Forest Prod (WEF)December 6, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!August 3, 2023 | markets.businessinsider.comResideo Announces Second Quarter 2023 Financial ResultsAugust 3, 2023 | finance.yahoo.comWestern Announces Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comWestern Forest Products Inc. Confirms Record Date of Third Quarter 2023 DividendAugust 3, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Renewal of Normal Course Issuer BidJune 30, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Release Date of Second Quarter 2023 Results and Conference Call DetailsJune 12, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Temporary Production Curtailments in British ColumbiaJune 11, 2023 | finance.yahoo.comWestern Forest Products (TSE:WEF) investors are sitting on a loss of 51% if they invested five years agoMay 25, 2023 | finance.yahoo.comWestern Forest Products' (TSE:WEF) Returns On Capital Tell Us There Is Reason To Feel UneasyMay 9, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc down on Tuesday (WEF)May 3, 2023 | finance.yahoo.comWestern Announces First Quarter 2023 ResultsMay 3, 2023 | finance.yahoo.comWestern Forest Products Inc. Confirms Record Date of Second Quarter 2023 DividendMay 3, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc up on Tuesday (WEF)April 28, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc down on Thursday (WEF)April 27, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc flat on Wednesday (WEF)April 27, 2023 | finance.yahoo.comWestern Forest Products Inc. (TSE:WEF) most popular amongst individual investors who own 48% of the shares, institutions hold 47%April 25, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc down on Monday (WEF)April 20, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc up on Wednesday (WEF)April 11, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc up on Monday (WEF)See More Headlines Receive WEF 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 Company Calendar Ex-Dividend for 9/15 Dividend8/24/2023Dividend Payable9/15/2023Last Earnings11/07/2023Today12/06/2023Next Earnings (Estimated)2/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Lumber & Wood Production Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:WEF CUSIPN/A CIKN/A Webwww.westernforest.com Phone+1-604-6484500FaxN/AEmployees2,051Year FoundedN/APrice Target and Rating Average Stock Price TargetC$0.98 High Stock Price TargetC$1.50 Low Stock Price TargetC$0.75 Potential Upside/Downside+42.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.23) Trailing P/E RatioN/A Forward P/E Ratio138.22 P/E Growth0.32Net IncomeC$-75,700,000.00 Net Margins-7.13% Pretax MarginN/A Return on Equity-12.21% Return on Assets-6.20% Debt Debt-to-Equity Ratio14.39 Current Ratio3.05 Quick Ratio0.73 Sales & Book Value Annual SalesC$1.06 billion Price / Sales0.21 Cash FlowC$0.07 per share Price / Cash Flow10.18 Book ValueC$1.83 per share Price / Book0.38Miscellaneous Outstanding Shares316,750,000Free FloatN/AMarket CapC$218.56 million OptionableNot Optionable Beta1.93 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)President, CEO & Non-Independent Director Comp: $1.11MMr. Stephen WilliamsExecutive VP & CFOMr. Bruce Lindsay AlexanderSenior Vice President of Sales, Marketing & ManufacturingMs. Jennifer Eileen FosterSenior Vice President of Human Resources & Corporate AffairsMs. Alyce HarperVP, General Counsel & Corporate SecretaryBabita KhunkhunSenior Director of CommunicationsMr. Glen Douglas NontellVice President of Corporate DevelopmentMr. Morris MandziukTreasurerMore ExecutivesKey CompetitorsGreenFirst Forest ProductsTSE:GFPAcadian TimberTSE:ADNGoodfellowTSE:GDLPinnacle Renewable EnergyTSE:PLMetalla Royalty & StreamingCVE:MTAView All Competitors WEF Stock Analysis - Frequently Asked Questions Should I buy or sell Western Forest Products stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Forest Products in the last twelve months. There are currently 4 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 target for 2024? 4 Wall Street research analysts have issued 12 month price objectives for Western Forest Products' shares. Their WEF share price targets range from C$0.75 to C$1.50. On average, they anticipate the company's share price to reach C$0.98 in the next year. This suggests a possible upside of 42.0% 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 shares have decreased by 40.5% and is now trading at C$0.69. 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, February 15th 2024. View our WEF earnings forecast. How were Western Forest Products' earnings last quarter? Western Forest Products Inc. (TSE:WEF) released its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.05) earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.02. The company had revenue of $231.10 million for the quarter. Western Forest Products had a negative trailing twelve-month return on equity of 12.21% and a negative net margin of 7.13%. 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 Thursday, August 24th. Stockholders 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 dividend yield of 7.25%. 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 6.67%. 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). 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. This page (TSE:WEF) was last updated on 12/6/2023 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.