TSE:WEF

Western Forest Products Inc. (WEF.TO) Stock Forecast, Price & News

C$1.68

+0.01 (+0.60 %)

(As of 02/26/2021 12:00 AM ET)

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Today's Range

C$1.64

Now: C$1.68▼

C$1.69

50-Day Range

C$1.26

MA: C$1.40▼

C$1.70

52-Week Range

C$0.58

Now: C$1.68▼

C$1.71

Volume785,353 shs

Average Volume832,481 shs

Market CapitalizationC$630.39 million

P/E Ratio19.09

Dividend Yield1.95%

BetaN/A

Western Forest Products Inc. operates as an integrated forest products company. The company is involved in the timber harvesting, sawmilling logs into specialty lumber, and value-added lumber remanufacturing. It offers various products for outdoor living space, such as structures, decking, landscaping, and fencing; home components, including appearance and structural, Japanese housing, and framing, as well as siding, paneling, trim, and soffits; and furniture, moldings, and decorative purpose, as well as doors, windows, and stair components. Western Forest Products Inc. also offers its products for cross arms and transmission arms, mat stock, bridges, docks and railway ties, and packaging and crating; and architectural fixtures, lam stock, and timbers. 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.

Headlines

Western Forest Products Inc. Announces Amendments to By-Laws and Adoption of Advance Notice By-Law
February 19, 2021 | finance.yahoo.com

Western Announces Fourth Quarter 2020 Results
February 18, 2021 | finance.yahoo.com

Is It Time To Consider Buying Western Forest Products Inc. (TSE:WEF)?
February 11, 2021 | finance.yahoo.com

"The Sounds of Taiwan" 2021 New Year Concert Performs to Packed Audience in Taiwan and Live Streams to the World
January 4, 2021 | finance.yahoo.com

Western Forest Products Inc. (WEF.TO)
December 24, 2020 | finance.yahoo.com

What You Need To Know About Western Forest Products Inc.'s (TSE:WEF) Investor Composition
December 16, 2020 | finance.yahoo.com

Western Forest Products Inc.
November 29, 2020 | barrons.com

Magical 'Window Wonderland,' Toronto's First Augmented Reality Outdoor Art Exhibition, Opens This Weekend in the Junction
November 9, 2020 | finance.yahoo.com

TSX:WEF (WESTERN FOREST PRODUCTS INC.)
November 7, 2020 | fool.ca

Lumber Sellers Rake in Record Profits on Home Renovation Binge
November 6, 2020 | bloomberg.com

Western Forest Products Inc
October 25, 2020 | bloomberg.com

Western Statement on Changes to the Manufactured Forest Products Regulation
September 16, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Lumber, Wood Production

Sub-IndustryN/A

SectorIndustrial Products

Current SymbolTSE:WEF

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.westernforest.com

Phone+1-604-6484500

Employees2,210

Year FoundedN/A

Debt

Debt-to-Equity Ratio18.53

Current Ratio2.10

Quick Ratio0.55

Price-To-Earnings

Trailing P/E Ratio19.09

Forward P/E Ratio11.20

P/E Growth0.42

Sales & Book Value

Annual SalesC$964.90 million

Price / Sales0.65

Cash FlowC$0.01 per share

Price / Cash Flow207.50

Book ValueC$1.35 per share

Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares375,232,000

Market CapC$630.39 million

Next Earnings Date5/5/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.89 out of 5 stars

2.4 Analyst's Opinion

Consensus Rating
Western Forest Products Inc. (WEF.TO) has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.91, Western Forest Products Inc. (WEF.TO) has a forecasted upside of 13.7% from its current price of C$1.68.
Amount of Analyst Coverage
Western Forest Products Inc. (WEF.TO) has only been the subject of 4 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Western Forest Products Inc. (WEF.TO) has received 380 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Western Forest Products Inc. (WEF.TO) has received 274 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Western Forest Products Inc. (WEF.TO) has received 58.10% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Western Forest Products Inc. (WEF.TO) and other stocks. Vote “Outperform” if you believe WEF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WEF will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Western Forest Products Inc. (WEF.TO) pays a meaningful dividend of 1.95%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Western Forest Products Inc. (WEF.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Western Forest Products Inc. (WEF.TO) is 25.57%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Western Forest Products Inc. (WEF.TO) insiders have not sold or bought any company stock.

2.5 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Western Forest Products Inc. (WEF.TO) is 19.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Western Forest Products Inc. (WEF.TO) is 19.09, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 43.78.
Price to Earnings Growth Ratio
Western Forest Products Inc. (WEF.TO) has a PEG Ratio of 0.42. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Western Forest Products Inc. (WEF.TO) has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$1.68

+0.01 (+0.60 %)

(As of 02/26/2021 12:00 AM ET)

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Western Forest Products Inc. (WEF.TO) (TSE:WEF) Frequently Asked Questions

Is Western Forest Products Inc. (WEF.TO) a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Forest Products Inc. (WEF.TO) in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Western Forest Products Inc. (WEF.TO) stock.
View analyst ratings for Western Forest Products Inc. (WEF.TO) or view top-rated stocks.

What stocks does MarketBeat like better than Western Forest Products Inc. (WEF.TO)?

Wall Street analysts have given Western Forest Products Inc. (WEF.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Western Forest Products Inc. (WEF.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Western Forest Products Inc. (WEF.TO)'s next earnings date?

Western Forest Products Inc. (WEF.TO) is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Western Forest Products Inc. (WEF.TO).

How has Western Forest Products Inc. (WEF.TO)'s stock price been impacted by COVID-19?

Western Forest Products Inc. (WEF.TO)'s stock was trading at C$0.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WEF shares have increased by 90.9% and is now trading at C$1.68.
View which stocks have been most impacted by COVID-19.

Is Western Forest Products Inc. (WEF.TO) a good dividend stock?

Western Forest Products Inc. (WEF.TO) pays an annual dividend of C$0.02 per share and currently has a dividend yield of 1.95%. The dividend payout ratio of Western Forest Products Inc. (WEF.TO) is 25.57%. This payout ratio is at a healthy, sustainable level, below 75%.
View Western Forest Products Inc. (WEF.TO)'s dividend history.

What price target have analysts set for WEF?

5 Wall Street analysts have issued 12 month price objectives for Western Forest Products Inc. (WEF.TO)'s shares. Their forecasts range from C$1.70 to C$2.00. On average, they expect Western Forest Products Inc. (WEF.TO)'s stock price to reach C$1.91 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price.
View analysts' price targets for Western Forest Products Inc. (WEF.TO) or view top-rated stocks among Wall Street analysts.

Who are Western Forest Products Inc. (WEF.TO)'s key executives?

Western Forest Products Inc. (WEF.TO)'s management team includes the following people:

Mr. Donald Eugene Demens, CEO, Pres & Non Independent Director (Age 59, Pay $814k)
Mr. Stephen Williams, Exec. VP & CFO
Mr. Bruce Lindsay Alexander, Sr. VP of Sales, Marketing & Manufacturing
Ms. Jennifer Eileen Foster, Sr. VP, HR & Corp. Affairs
Ms. Alyce Harper, VP, Gen. Counsel & Corp. Sec.
Babita Khunkhun, Sr. Director of Communications
Ms. Shannon Janzen, VP of Partnerships & Sustainability and Chief Forester
Mr. Morris Mandziuk, Treasurer
Mr. Dave Ingram, Gen. Mang. of Pulp Operations & Director of Western Pulp Ltd

Who are some of Western Forest Products Inc. (WEF.TO)'s key competitors?

Some companies that are related to Western Forest Products Inc. (WEF.TO) include Arconic (ARNC), Grafton Group plc (GFTU.L) (GFTU), Greif (GEF), Mueller Industries (MLI), MAG Silver (MAG), Verra Mobility (VRRM), Welbilt (WBT), Helios Technologies (HLIO), Mueller Water Products (MWA), The Japan Steel Works (JPSWY), Kadant (KAI), Belden (BDC), Bodycote (BYPLF), Redrow plc (RDW.L) (RDW) and Balfour Beatty plc (BBY.L) (BBY).
View all of WEF's competitors.

What other stocks do shareholders of Western Forest Products Inc. (WEF.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Forest Products Inc. (WEF.TO) 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 Inc. (WEF.TO)'s stock symbol?

Western Forest Products Inc. (WEF.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WEF."

How do I buy shares of Western Forest Products Inc. (WEF.TO)?

Shares of WEF 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 Inc. (WEF.TO)'s stock price today?

One share of WEF stock can currently be purchased for approximately C$1.68.

How much money does Western Forest Products Inc. (WEF.TO) make?

Western Forest Products Inc. (WEF.TO) has a market capitalization of C$630.39 million and generates C$964.90 million in revenue each year.

How many employees does Western Forest Products Inc. (WEF.TO) have?

Western Forest Products Inc. (WEF.TO) employs 2,210 workers across the globe.

What is Western Forest Products Inc. (WEF.TO)'s official website?

The official website for Western Forest Products Inc. (WEF.TO) is www.westernforest.com.

Where are Western Forest Products Inc. (WEF.TO)'s headquarters?

Western Forest Products Inc. (WEF.TO) is headquartered at Suite 510 - 700 West Georgia Street TD Tower, P.O. Box 10032, VANCOUVER, BC V6E 3P3, Canada.

How can I contact Western Forest Products Inc. (WEF.TO)?

Western Forest Products Inc. (WEF.TO)'s mailing address is Suite 510 - 700 West Georgia Street TD Tower, P.O. Box 10032, VANCOUVER, BC V6E 3P3, Canada. The company can be reached via phone at +1-604-6484500.

This page was last updated on 2/28/2021 by MarketBeat.com Staff

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