TSE:WEF Western Forest Products (WEF) Stock Forecast, Price & News C$1.07 0.00 (0.00%) (As of 01:56 PM ET) Add Compare Share Share Today's RangeC$1.06▼C$1.0950-Day RangeC$1.01▼C$1.1452-Week RangeC$1.01▼C$1.83Volume162,515 shsAverage Volume500,622 shsMarket CapitalizationC$338.92 millionP/E Ratio53.50Dividend Yield4.67%Price TargetC$1.39 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Western Forest Products MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside29.9% UpsideC$1.39 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.2.29 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 C$1.39, Western Forest Products has a forecasted upside of 29.9% from its current price of C$1.07.Amount of Analyst CoverageWestern Forest Products has received no research coverage 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 4.67%, 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.Dividend CoverageThe dividend payout ratio of Western Forest Products is 250.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WEF. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows1 people have added Western Forest Products to their MarketBeat watchlist in the last 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 Institutions49.26% 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 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Forest Products is 53.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Forest Products is 53.50, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 619.07.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 0.54. 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 (TSE:WEF) StockWestern 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.Read More 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 WEF Stock News HeadlinesMay 25, 2023 | finance.yahoo.comWestern Forest Products' (TSE:WEF) Returns On Capital Tell Us There Is Reason To Feel UneasyMay 23, 2023 | americanbankingnews.comWestern Forest Products Inc. (TSE:WEF) to Issue $0.01 Quarterly DividendJune 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians 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. May 9, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc down on Tuesday (WEF)May 9, 2023 | americanbankingnews.comQ3 2023 Earnings Estimate for Western Forest Products Inc. Issued By Raymond James (TSE:WEF)May 7, 2023 | americanbankingnews.comWestern Forest Products (TSE:WEF) PT Lowered to C$1.35 at Raymond JamesMay 5, 2023 | americanbankingnews.comWestern Forest Products (TSE:WEF) Price Target Cut to C$1.50May 3, 2023 | finance.yahoo.comWestern Announces First Quarter 2023 ResultsJune 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians 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. May 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 23, 2023 | americanbankingnews.comWestern Forest Products (TSE:WEF) Stock Passes Below 200-Day Moving Average of $1.20April 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)April 6, 2023 | theglobeandmail.comClosing Bell: Western Forest Products Inc down on Wednesday (WEF)March 31, 2023 | finance.yahoo.comWestern Forest Products Inc. Announces Release Date of First Quarter 2023 Results and Conference Call DetailsFebruary 17, 2023 | finanznachrichten.deWestern Forest Products Inc.: Western Announces Fourth Quarter 2022 ResultsFebruary 16, 2023 | finance.yahoo.comWestern Forest Products Inc. Confirms Record Date of First Quarter 2023 DividendFebruary 11, 2023 | finance.yahoo.comSaudi, WEF Launch Innovation Accelerator, Explore Collaborations in Global Metaverse VillageJanuary 26, 2023 | finance.yahoo.comWorking Group to Explore Solutions for Western’s Alberni-Pacific DivisionDecember 30, 2022 | finance.yahoo.comWestern Forest Products Inc. Announces Release Date of Fourth Quarter and Fiscal 2022 Results and Conference Call DetailsSeptember 6, 2022 | theglobeandmail.comClosing Bell: Western Forest Products Inc down on Friday (WEF)August 9, 2022 | finance.yahoo.comWestern Forest Products (TSE:WEF) Will Pay A Dividend Of CA$0.0125See More Headlines WEF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WEF Company Calendar Ex-Dividend for 3/17 Dividend2/23/2023Dividend Payable3/17/2023Ex-Dividend for 6/16 Dividend5/25/2023Today6/08/2023Dividend Payable6/16/2023Next Earnings (Estimated)8/02/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Lumber, Wood Production Sub-IndustryN/A SectorIndustrials Current SymbolTSE:WEF CUSIPN/A CIKN/A Webwww.westernforest.com Phone+1-604-6484500FaxN/AEmployees2,051Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$1.39 High Stock Price ForecastC$1.50 Low Stock Price ForecastC$1.25 Forecasted Upside/Downside+29.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.02 Trailing P/E Ratio53.50 Forward P/E Ratio36.36 P/E Growth0.32Net IncomeC$6.90 million Net Margins0.51% Pretax MarginN/A Return on Equity0.96% Return on Assets0.98% Debt Debt-to-Equity Ratio7.82 Current Ratio2.76 Quick Ratio0.73 Sales & Book Value Annual SalesC$1.35 billion Price / Sales0.25 Cash FlowC$0.11 per share Price / Cash Flow10.18 Book ValueC$1.98 per share Price / Book0.54Miscellaneous Outstanding Shares316,750,000Free FloatN/AMarket CapC$338.92 million OptionableNot Optionable Beta1.95 Key ExecutivesMr. Stephen WilliamsExec. VP & CFOMr. Bruce Lindsay AlexanderSr. VP of Sales, Marketing & ManufacturingMs. Jennifer Eileen FosterSr. VP of HR & Corp. AffairsMr. Donald Eugene Demens (Age 61)Advisor Comp: $2.84MMs. Shannon JanzenVP of Partnerships & Sustainability and Chief ForesterMr. J. Steven Hofer (Age 53)Pres, CEO & Director Ms. Alyce HarperVP, Gen. Counsel & Corp. Sec.Babita KhunkhunSr. Director of CommunicationsMr. Glen Douglas NontellVP of Corp. Devel.Mr. Morris MandziukTreasurerMore ExecutivesKey CompetitorsGoodfellowTSE:GDLK-Bro LinenTSE:KBLLogistecTSE:LGT.BGreenlane Renewables Inc. (GRN.V)CVE:GRNHydrogenicsTSE:HYGView All CompetitorsInsidersJohn Patrick WilliamsonBought 100,000 shares on 11/18/2022Total: C$111,354.00 ($1.11/share)View All Insider Transactions 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 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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