TSE:WEF

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

C$0.50
-0.03 (-5.71%)
(As of 05/17/2024 ET)
Today's Range
C$0.49
C$0.52
50-Day Range
C$0.51
C$0.66
52-Week Range
C$0.49
C$1.14
Volume
838,692 shs
Average Volume
288,106 shs
Market Capitalization
C$156.79 million
P/E Ratio
N/A
Dividend Yield
10.10%
Price Target
C$0.71

Western Forest Products MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
43.4% Upside
C$0.71 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.80mentions of Western Forest Products in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
C$73,250 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.27 out of 5 stars

WEF stock logo

About Western Forest Products Stock (TSE:WEF)

Western Forest Products Inc. operates as an integrated softwoods forest products company in Canada, the United States, Japan, China, Europe, and internationally. It is involved in timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. The company also provides door and window; outdoor structure; and fencing products. 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 Stock Price History

WEF Stock News Headlines

Western Forest Products (TSE:WEF) PT Lowered to C$0.60
Western Forest Products Inc (WEF)
Western Forest Products Inc.
Western Forest Products Inc. (WEF.TO)
Western Forest Products Inc WEF
Raymond James Sticks to Its Hold Rating for Western Forest Prod (WEF)
RBC Capital Sticks to Its Hold Rating for Western Forest Prod (WEF)
Resideo Announces Second Quarter 2023 Financial Results
Western Announces Second Quarter 2023 Results
See More Headlines
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Company Calendar

Today
5/17/2024
Next Earnings (Estimated)
8/01/2024

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 Target
C$0.71
High Stock Price Target
C$0.80
Low Stock Price Target
C$0.60
Potential Upside/Downside
+43.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
C$-68,500,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.02 billion
Cash Flow
C$0.05 per share
Book Value
C$1.78 per share

Miscellaneous

Free Float
N/A
Market Cap
C$156.79 million
Optionable
Not Optionable
Beta
1.92
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Key Executives

  • Mr. J. Steven Hofer (Age 54)
    President, CEO & Non-Independent Director
    Comp: $811.79k
  • Mr. Stephen Williams
    Executive VP & CFO
  • Ms. Alyce Harper
    VP, General Counsel & Corporate Secretary
  • Mr. Bruce Lindsay Alexander
    Senior Vice President of Sales, Marketing & Manufacturing
  • Ms. Jennifer Eileen Foster
    Senior Vice President of Human Resources & Corporate Affairs
  • Babita Khunkhun
    Senior Director of Communications
  • Mr. Glen Douglas Nontell
    Vice President of Corporate Development
  • Mr. Morris Mandziuk
    Treasurer

WEF Stock Analysis - Frequently Asked Questions

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Forest Products in the last year. There are currently 5 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?

5 brokerages have issued 12-month price targets for Western Forest Products' stock. Their WEF share price targets range from C$0.60 to C$0.80. On average, they anticipate the company's stock price to reach C$0.71 in the next year. This suggests a possible upside of 43.4% 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 2024?

Western Forest Products' stock was trading at C$0.71 at the start of the year. Since then, WEF stock has decreased by 30.3% and is now trading at C$0.50.
View the best growth stocks for 2024 here
.

When is Western Forest Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
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, 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 10.10%. 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 5/18/2024 by MarketBeat.com Staff

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