TSE:WEF Western Forest Products - WEF Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. C$1.38 -0.02 (-1.43%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$1.36▼C$1.4150-Day RangeC$1.10▼C$1.4252-Week RangeC$1.03▼C$2.29Volume124,563 shsAverage Volume448,352 shsMarket CapitalizationC$437.11 millionP/E Ratio4.06Dividend Yield3.70%Price TargetC$1.83 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Western Forest Products MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside32.6% UpsideC$1.83 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.17Based on 8 Articles This WeekInsider TradingAcquiring SharesC$111,354 Bought Last QuarterProj. 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.2.81 out of 5 stars 3.3 Analyst's Opinion Consensus RatingWestern Forest Products has received a consensus rating of Buy. The company's average rating score is 2.50, 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$1.83, Western Forest Products has a forecasted upside of 32.6% from its current price of C$1.38.Amount of Analyst CoverageWestern Forest Products has only been the subject of 2 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 2.5 Dividend Strength Dividend LeadershipWestern Forest Products is a leading dividend payer. It pays a dividend yield of 3.70%, 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 13.24%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WEF. Previous Next 2.3 News and Social Media Coverage News SentimentWestern Forest Products has a news sentiment score of 0.17. 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 lower news sentiment than the 0.27 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Western Forest Products this week, compared to 0 articles on an average week.MarketBeat Follows6 people have added Western Forest Products to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Forest Products insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$111,354.00 in company stock and sold C$0.00 in company stock. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Forest Products is 4.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Forest Products is 4.06, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 484.74.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 0.65. 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 HeadlinesFebruary 3, 2023 | americanbankingnews.comRaymond James Analysts Reduce Earnings Estimates for Western Forest Products Inc. (TSE:WEF)January 31, 2023 | americanbankingnews.comBrokers Offer Predictions for Western Forest Products Inc.'s Q1 2023 Earnings (TSE:WEF)February 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 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$0.0125August 3, 2022 | finance.yahoo.comWestern Forest Products Inc. Announces Renewal of 10% Normal Course Issuer BidFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.August 3, 2022 | finance.yahoo.comWestern Forest Products Inc. Announces Renewal of 10% Normal Course Issuer BidJuly 28, 2022 | finance.yahoo.comWestern Forest Products Appoints Steven Hofer as President & CEOJuly 27, 2022 | finance.yahoo.comWestern Forest Products (TSE:WEF) investors are sitting on a loss of 31% if they invested five years agoJuly 19, 2022 | finance.yahoo.comWestern Forest Products Inc. Announces Acquisition of Calvert Company To Support Mass Timber Growth Initiatives in North AmericaJuly 7, 2022 | uk.finance.yahoo.comWhy Western Forest Products could be well placed to recover from volatilityJune 30, 2022 | nz.finance.yahoo.comWestern Forest Products Inc. Announces Release Date of Second Quarter 2022 Results and Conference Call DetailsJune 30, 2022 | finance.yahoo.comWestern Forest Products Inc. Announces Release Date of Second Quarter 2022 Results and Conference Call DetailsJune 22, 2022 | uk.finance.yahoo.comCould quality and value be the key for shares in Western Forest Products?March 1, 2022 | finance.yahoo.comWestern Forest Products Inc. Announces Appointment of New DirectorFebruary 20, 2022 | finance.yahoo.comEarnings Beat: Western Forest Products Inc. (TSE:WEF) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their ForecastsFebruary 17, 2022 | finance.yahoo.comWestern Announces Fourth Quarter 2021 ResultsFebruary 17, 2022 | finance.yahoo.comWestern Forest Products Inc. Confirms Record Date of First Quarter 2022 DividendFebruary 15, 2022 | finance.yahoo.comInvestors in Western Forest Products (TSE:WEF) have made a respectable return of 41% over the past yearFebruary 1, 2022 | ca.finance.yahoo.comWestern Forest Products searching for new CEO with retirement of Don DemensNovember 3, 2021 | finance.yahoo.comWestern Announces Third Quarter 2021 ResultsNovember 3, 2021 | finance.yahoo.comWestern Forest Products Inc. Confirms Record Date of Fourth Quarter 2021 DividendNovember 2, 2021 | finance.yahoo.comWestern Provides Initial Response to B.C. Provincial Government's Old Growth Review UpdateOctober 27, 2021 | finance.yahoo.comWestern Forest Products Inc. Confirms Record Date of Third Quarter 2016 DividendSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 12/16 Dividend11/24/2022Dividend Payable12/16/2022Today2/04/2023Next Earnings (Estimated)2/15/2023Get 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$1.83 High Stock Price ForecastC$3.25 Low Stock Price ForecastC$1.25 Forecasted Upside/Downside+32.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio4.06 Forward P/E Ratio8.55 P/E Growth0.32Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio3.22 Current Ratio2.56 Quick Ratio0.73 Sales & Book Value Annual SalesC$1.48 billion Price / Sales0.30 Cash FlowC$0.14 per share Price / Cash Flow10.18 Book ValueC$2.12 per share Price / Book0.65Miscellaneous Outstanding Shares316,743,000Free FloatN/AMarket CapC$437.11 million OptionableNot Optionable BetaN/A 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:GDLBird ConstructionTSE:BDTCPI Card GroupTSE:PMTSHydrogenicsTSE:HYGWajaxTSE:WJXView All CompetitorsInsiders & InstitutionsJohn 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? 4 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 and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WEF shares. View WEF analyst ratings or view top-rated stocks. What is Western Forest Products' stock price forecast for 2023? 4 brokers have issued 12-month target prices for Western Forest Products' stock. Their WEF share price forecasts range from C$1.25 to C$3.25. On average, they anticipate the company's share price to reach C$1.83 in the next twelve months. This suggests a possible upside of 32.6% 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 stock has increased by 19.0% and is now trading at C$1.38. 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, February 15th 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 announced a quarterly dividend on Thursday, November 24th. Investors of record on Friday, December 16th will be paid a dividend of 0.0125 per share on Friday, December 16th. This represents a $0.05 annualized dividend and a yield of 3.62%. The ex-dividend date of this dividend is Thursday, November 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 3.70%. The dividend payout ratio is 13.24%. This payout ratio is at a healthy, sustainable level, below 75%. 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$1.38. How much money does Western Forest Products make? Western Forest Products (TSE:WEF) has a market capitalization of C$437.11 million and generates C$1.48 billion in revenue each year. 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 2/5/2023 by MarketBeat.com Staff 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. 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