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$1.06 -0.04 (-3.64%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$1.05▼C$1.1050-Day RangeC$1.08▼C$1.4252-Week RangeC$1.03▼C$2.23Volume474,475 shsAverage Volume446,318 shsMarket CapitalizationC$335.74 millionP/E Ratio5.58Dividend Yield4.72%Price TargetC$1.82 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media 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 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 DividendMarch 28, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastFebruary 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$0.0125March 28, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastAugust 3, 2022 | finance.yahoo.comWestern Forest Products Inc. Announces Renewal of 10% Normal Course Issuer BidAugust 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 UpdateSee 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 3/17 Dividend2/23/2023Dividend Payable3/17/2023Today3/28/2023Next Earnings (Estimated)5/03/2023Get 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$1.82 High Stock Price ForecastC$3.25 Low Stock Price ForecastC$1.25 Forecasted Upside/Downside+70.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.19 Trailing P/E Ratio5.63 Forward P/E Ratio26.51 P/E Growth0.32Net IncomeC$61.70 million Net Margins4.27% Pretax MarginN/A Return on Equity9.74% Return on Assets5.56% Debt Debt-to-Equity Ratio3.56 Current Ratio2.70 Quick Ratio0.73 Sales & Book Value Annual SalesC$1.44 billion Price / Sales0.24 Cash FlowC$0.11 per share Price / Cash Flow10.18 Book ValueC$2.04 per share Price / Book0.52Miscellaneous Outstanding Shares316,740,000Free FloatN/AMarket CapC$338.91 million OptionableNot Optionable Beta1.97 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:GDLGreenlane Renewables Inc. (GRN.V)CVE:GRNK-Bro LinenTSE:KBLHydrogenicsTSE:HYGCervus EquipmentTSE:CERVView 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? 4 Wall Street 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 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 price targets for Western Forest Products' shares. Their WEF share price forecasts range from C$1.25 to C$3.25. On average, they predict the company's stock price to reach C$1.82 in the next year. This suggests a possible upside of 70.1% 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 on January 1st, 2023. Since then, WEF shares have 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, May 3rd 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, February 16th. Shareholders of record on Friday, February 24th will be paid a dividend of 0.013 per share on Friday, March 17th. This represents a $0.05 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend is Thursday, February 23rd. This is an increase from the stock's previous quarterly dividend of C$0.01. 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 4.63%. WEF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.32%. 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$1.07. How much money does Western Forest Products make? Western Forest Products (TSE:WEF) has a market capitalization of C$338.91 million and generates C$1.44 billion in revenue each year. The company earns C$61.70 million in net income (profit) each year or C$0.19 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 3/28/2023 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. 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