Western Forest Products Company Profile (TSE:WEF)

About Western Forest Products (TSE:WEF)

Western Forest Products logoWestern Forest Products Inc. is a softwood forest products company, operating in the coastal region of British Columbia. The Company's primary business includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and lumber remanufacturing. The Company's log and lumber products are sold throughout the world. Its business includes the harvesting of timber, reforestation, forest management, the manufacturing and sale of lumber and wood chips, and the sale of logs. Its Lumber by species include hemlock and balsam; douglas fir; yellow and western red cedar. Its Logs include saw logs and pulp logs. Its eight facilities produce a multitude of products from framing material to timbers, decking and siding; components for doors, windows and moldings, and niche products for customers throughout the world. Its other products include Hem-Fir products, such as Green Hem Fir, Kiln-Dried Hem-Fir and Structural Hem-Fir products, and Sitka Spruce products.

Industry, Sector and Symbol:
  • Sector: Industrial Goods
  • Industry: Lumber, Wood Production
  • Sub-Industry: N/A
  • Symbol: TSE:WEF
  • CUSIP: N/A
  • Web: www.westernforest.com
Capitalization:
  • Market Cap: C$1.11 billion
  • Outstanding Shares: 395,567,000
Average Prices:
  • 50 Day Moving Avg: C$2.62
  • 200 Day Moving Avg: C$2.32
  • 52 Week Range: C$1.79 - C$2.80
P/E:
  • Trailing P/E Ratio: 11.67
  • P/E Growth: 0.72
Sales & Book Value:
  • Annual Revenue: C$1.19 billion
  • Price / Sales: 0.93
  • Book Value: C$1.38 per share
  • Price / Book: 2.03
Dividend:
  • Dividend Yield: 3.0%
Profitability:
  • EBIDTA: C$139.9 million
  • Net Margins: 8.91%
  • Return on Equity: 19.05%
  • Return on Assets: 13.35%
Misc:
  • Average Volume: 927,498 shs.
  • Short Ratio: 3.89
 

Frequently Asked Questions for Western Forest Products (TSE:WEF)

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 declared a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, September 1st will be paid a dividend of 0.02 per share on Friday, September 15th. This represents a $0.08 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date of this dividend is Wednesday, August 30th. View Western Forest Products' Dividend History.

When will Western Forest Products make its next earnings announcement?

Western Forest Products is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Western Forest Products.

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

5 equities research analysts have issued twelve-month target prices for Western Forest Products' stock. Their forecasts range from C$2.25 to C$3.10. On average, they anticipate Western Forest Products' share price to reach C$2.73 in the next twelve months. View Analyst Ratings for Western Forest Products.

Who are some of Western Forest Products' key competitors?

Who are Western Forest Products' key executives?

Western Forest Products' management team includes the folowing people:

  • Lee Doney, Chairman of the Board
  • Donald Demens, President, Chief Executive Officer, Director
  • Stephen D. A. Williams, Chief Financial Officer, Senior Vice President, Corporate Secretary
  • Frank Turnbull, Vice President of Lumber Sales and Marketing
  • Jennifer Foster, Vice President of Human Resources
  • Michael Cass, Vice President - Timberlands
  • Richard Orval Forgaard, Vice President - Manufacturing
  • Shannon Janzen, Vice President and Chief Forester
  • Daniel Louis Nocente, Lead Independent Director
  • James D. Arthurs, Independent Director

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.

What is Western Forest Products' stock price today?

One share of Western Forest Products stock can currently be purchased for approximately C$2.80.


MarketBeat Community Rating for Western Forest Products (TSE WEF)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  168 (Vote Outperform)
Underperform Votes:  78 (Vote Underperform)
Total Votes:  246
MarketBeat's community ratings are surveys of what our community members think about Western Forest Products and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Western Forest Products (TSE:WEF) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: C$2.73

Analysts' Ratings History for Western Forest Products (TSE:WEF)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2017TD SecuritiesBoost Price TargetBuyC$2.75 -> C$3.00View Rating Details
8/3/2017ScotiabankBoost Price TargetOutperformC$2.45 -> C$2.55View Rating Details
8/3/2017Raymond James Financial, Inc.Boost Price TargetStrong-BuyC$2.75 -> C$3.10View Rating Details
6/6/2017CIBCBoost Price TargetNeutral -> OutperformC$2.50 -> C$2.75View Rating Details
4/19/2017Royal Bank Of CanadaDowngradeOutperform -> Sector PerformC$2.25View Rating Details
3/21/2016Dundee SecuritiesReiterated RatingBuyC$2.80View Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Western Forest Products (TSE:WEF)
Earnings by Quarter for Western Forest Products (TSE:WEF)
Earnings History by Quarter for Western Forest Products (TSE WEF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
7/30/2014C$0.07C$0.07C$296.20 millionViewN/AView Earnings Details
5/7/2014C$0.06C$0.06C$246.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Western Forest Products (TSE:WEF)
2017 EPS Consensus Estimate: $0.29
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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 by Quarter for Western Forest Products (TSE WEF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017Quarterly$0.023.02%8/30/20179/1/20179/15/2017
5/30/2017Quarterly$0.023.64%5/30/20176/16/20176/16/2017
2/27/2017Quarterly$0.023.72%2/27/20173/17/20173/17/2017
11/29/2016Quarterly$0.024.28%11/29/201612/16/201612/16/2016
8/30/2016Quarterly$0.023.81%8/30/20169/16/20169/16/2016
5/30/2016Quarterly$0.023.43%5/30/20166/17/20166/17/2016
2/29/2016Quarterly$0.023.88%2/29/20163/18/20163/18/2016
11/30/2015Quarterly$0.023.65%11/30/201512/18/201512/18/2015
8/10/2015Quarterly$0.024.28%8/28/20159/1/20159/18/2015
5/11/2015Quarterly$0.023.62%5/28/20156/1/20156/19/2015
2/20/2015Quarterly$0.023.57%2/26/20153/2/20153/20/2015
11/17/2014quarterly$0.023.27%11/27/201412/1/201412/19/2014
8/13/2014quarterly$0.023.24%8/28/20149/2/20149/19/2014
5/13/2014quarterly$0.023.38%5/29/20146/2/20146/20/2014
2/24/2014quarterly$0.023.09%2/27/20143/3/20143/21/2014
11/25/2013quarterly$0.024.79%11/28/201312/2/201312/20/2013
8/19/2013quarterly$0.028/30/20139/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Western Forest Products (TSE:WEF)
Insider Trades by Quarter for Western Forest Products (TSE:WEF)
Insider Trades by Quarter for Western Forest Products (TSE:WEF)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/9/2017Daniel Louis NocenteDirectorBuy39,000C$2.23C$86,970.00
6/8/2017Daniel Louis NocenteDirectorBuy20,000C$2.23C$44,600.00
6/1/2017Daniel Louis NocenteDirectorBuy20,000C$2.17C$43,400.00
5/31/2017Stephen D.A. WilliamsInsiderBuy30,000C$2.12C$63,600.00
5/17/2017Daniel Louis NocenteDirectorBuy21,000C$2.17C$45,570.00
5/16/2017Stephen D.A. WilliamsInsiderBuy18,100C$2.19C$39,639.00
5/15/2017Daniel Louis NocenteDirectorBuy25,000C$2.18C$54,500.00
5/9/2017Michael T WaitesDirectorBuy20,000C$2.14C$42,800.00
5/8/2017Daniel Louis NocenteDirectorBuy50,000C$2.14C$107,000.00
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

Headline Trends for Western Forest Products (TSE:WEF)
Latest Headlines for Western Forest Products (TSE:WEF)
Source:
DateHeadline
finance.yahoo.com logoWestern Forest Products, Inc. : WEF-CA: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : August 30, 2017
finance.yahoo.com - August 30 at 3:59 PM
finance.yahoo.com logoETFs with exposure to Western Forest Products, Inc. : August 18, 2017
finance.yahoo.com - August 18 at 8:34 PM
finance.yahoo.com logoWestern Forest Products, Inc. :WEF-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017
finance.yahoo.com - August 7 at 3:23 PM
seekingalpha.com logoWestern Forest Products' (WFSTF) CEO Don Demens on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 6 at 7:15 AM
finance.yahoo.com logoWestern Forest Products, Inc. :WEF-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 8:29 AM
americanbankingnews.com logoTD Securities Boosts Western Forest Products Inc (WEF) Price Target to C$3.00
www.americanbankingnews.com - August 4 at 2:28 PM
finance.yahoo.com logoEdited Transcript of WEF.TO earnings conference call or presentation 3-Aug-17 4:00pm GMT
finance.yahoo.com - August 4 at 9:55 AM
americanbankingnews.com logoWestern Forest Products Inc (TSE:WEF) Given New C$3.10 Price Target at Raymond James Financial, Inc.
www.americanbankingnews.com - August 3 at 2:46 PM
americanbankingnews.com logoScotiabank Increases Western Forest Products Inc (WEF) Price Target to C$2.55
www.americanbankingnews.com - August 3 at 2:46 PM
benzinga.com logoWestern Forest Products Inc. Announces Normal Course Issuer Bid - Benzinga
www.benzinga.com - August 3 at 8:50 AM
feeds.benzinga.com logoWestern Forest Products Inc. Confirms Record Date of Third Quarter 2017 Dividend
feeds.benzinga.com - August 2 at 9:29 PM
benzinga.com logoWestern Forest Products Indefinitely Curtails Somass Sawmill - Benzinga
www.benzinga.com - July 28 at 9:55 AM
finance.yahoo.com logoWestern Forest Products Indefinitely Curtails Somass Sawmill
finance.yahoo.com - July 28 at 9:55 AM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - July 27 at 5:20 PM
baystreet.ca logoCogeco, Fairfax at 52-Week Highs
www.baystreet.ca - July 19 at 4:26 PM
finance.yahoo.com logoCanadian Basic Materials Stocks Under Review West Fraser Timber, Canfor, Western Forest Products, and Interfor
finance.yahoo.com - July 14 at 9:55 AM
seekingalpha.com logoWestern Forest Products Found Its Place In The Forest: Niche Product Mix Creates 71% Upside
seekingalpha.com - July 5 at 11:32 AM
finance.yahoo.com logoToday’s Research Reports on Premium Brands Holdings Corp, Saputo Inc, Western Forest Products Inc and Cineplex Inc
finance.yahoo.com - July 4 at 8:47 AM
benzinga.com logoWestern Forest Products Announces Release Date of Second Quarter 2017 Results and Conference Call Details - Benzinga
www.benzinga.com - July 1 at 8:59 AM
finance.yahoo.com logoWestern Forest Products Announces Release Date of Second Quarter 2017 Results and Conference Call Details
finance.yahoo.com - July 1 at 8:59 AM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Director Buys C$86,970.00 in Stock
www.americanbankingnews.com - June 9 at 10:09 PM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Director Buys C$44,600.00 in Stock
www.americanbankingnews.com - June 9 at 10:09 PM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Price Target Raised to C$2.75 at CIBC
www.americanbankingnews.com - June 6 at 11:02 PM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Director Purchases C$43,400.00 in Stock
www.americanbankingnews.com - June 2 at 4:58 PM
americanbankingnews.com logoInsider Buying: Western Forest Products Inc (WEF) Insider Purchases 30,000 Shares of Stock
www.americanbankingnews.com - June 1 at 7:24 AM
finance.yahoo.com logoWestern Forest Products, Inc. : WEF-CA: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017
finance.yahoo.com - May 31 at 11:35 AM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Announces $0.02 Quarterly Dividend
www.americanbankingnews.com - May 29 at 6:04 PM
finance.yahoo.com logoWestern Forest Products, Inc. breached its 50 day moving average in a Bearish Manner : WEF-CA : May 18, 2017
finance.yahoo.com - May 18 at 9:44 AM
americanbankingnews.com logoDaniel Louis Nocente Buys 21,000 Shares of Western Forest Products Inc (WEF) Stock
www.americanbankingnews.com - May 17 at 4:53 PM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Insider Buys C$39,639.00 in Stock
www.americanbankingnews.com - May 16 at 10:17 PM
americanbankingnews.com logoInsider Buying: Western Forest Products Inc (WEF) Director Buys 25,000 Shares of Stock
www.americanbankingnews.com - May 16 at 4:28 PM
baystreet.ca logoFutures Stumble Wednesday
www.baystreet.ca - May 12 at 4:30 AM
finance.yahoo.com logoEdited Transcript of WEF.TO earnings conference call or presentation 4-May-17 7:00pm GMT
finance.yahoo.com - May 12 at 4:30 AM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Director Purchases C$107,000.00 in Stock
www.americanbankingnews.com - May 11 at 1:16 PM
americanbankingnews.com logoInsider Buying: Western Forest Products Inc (WEF) Director Acquires 20,000 Shares of Stock
www.americanbankingnews.com - May 10 at 4:44 PM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Price Target Increased to C$2.50 by Analysts at CIBC
www.americanbankingnews.com - May 10 at 2:10 PM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Given a C$2.75 Price Target by TD Securities Analysts
www.americanbankingnews.com - May 5 at 3:44 PM
americanbankingnews.com logoWestern Forest Products Inc (WEF) PT Set at C$2.45 by Scotiabank
www.americanbankingnews.com - May 4 at 4:10 PM
finance.yahoo.com logoWestern Forest Products Inc. Confirms Record Date of Second Quarter 2017 Dividend
finance.yahoo.com - May 3 at 6:56 PM
finance.yahoo.com logoWestern Announces First Quarter 2017 Results
finance.yahoo.com - May 3 at 6:56 PM
finance.yahoo.com logoWestern Forest Products, Inc. breached its 50 day moving average in a Bullish Manner : WEF-CA : May 1, 2017
finance.yahoo.com - May 1 at 10:12 AM
nasdaq.com logoSoftwood lumber dispute fires up trade fight between Canada, U.S. - Nasdaq
www.nasdaq.com - April 26 at 5:13 PM
finance.yahoo.com logoResearch Reports Initiated on Basic Materials Stocks: West Fraser Timber, Canfor, Western Forest Products, and Interfor - Yahoo Finance
finance.yahoo.com - April 26 at 5:13 PM
nasdaq.com logoCANADA STOCKS-TSX up with banks, energy stocks; lumber stocks rally - Nasdaq
www.nasdaq.com - April 26 at 8:17 AM
finance.yahoo.com logoWestern Forest Products, Inc. – Value Analysis (TORONTO:WEF) : April 20, 2017
finance.yahoo.com - April 21 at 1:09 AM
finance.yahoo.com logoWestern Forest Products, Inc. breached its 50 day moving average in a Bearish Manner : WEF-CA : April 19, 2017
finance.yahoo.com - April 19 at 3:57 PM
americanbankingnews.com logoWestern Forest Products Inc (WEF) Lowered to "Sector Perform" at Royal Bank of Canada
www.americanbankingnews.com - April 19 at 11:27 AM
fool.ca logoWhy Western Forest Products Inc. Has Soared Almost 20% Since the Beginning of the Year - The Motley Fool Canada
www.fool.ca - April 11 at 9:41 PM
finance.yahoo.com logoETFs with exposure to Western Forest Products, Inc. : April 10, 2017
finance.yahoo.com - April 10 at 8:08 PM
finance.yahoo.com logoWestern Forest Products Announces Release Date of First Quarter 2017 Results and Conference Call Details - Yahoo Finance
finance.yahoo.com - April 8 at 8:20 AM

Social

Chart

Western Forest Products (WEF) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff