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TSE:WEF - Western Forest Products Stock Price, Forecast & News

C$0.61
-0.05 (-7.58 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
C$0.60
Now: C$0.61
C$0.65
50-Day Range
C$0.60
MA: C$1.04
C$1.38
52-Week Range
C$0.58
Now: C$0.61
C$2.02
Volume1.00 million shs
Average Volume968,135 shs
Market CapitalizationC$228.87 million
P/E RatioN/A
Dividend Yield13.64%
BetaN/A
Western Forest Products Inc. operates as an integrated forest products company. The company is involved in 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, 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.
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Western Forest Products logo

Industry, Sector and Symbol

Industry Lumber, Wood Production
Sub-IndustryN/A
SectorIndustrial Products
CUSIPN/A
CIKN/A
Phone+1-604-6484500

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$807.70 million
Cash FlowC$0.00 per share
Book ValueC$1.28 per share

Profitability

Miscellaneous

Employees2,182
Market CapC$228.87 million
Next Earnings Date5/6/2020 (Estimated)
OptionableNot Optionable

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Western Forest Products (TSE:WEF) Frequently Asked Questions

How has Western Forest Products' stock been impacted by COVID-19 (Coronavirus)?

Western Forest Products' stock was trading at C$0.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WEF stock has decreased by 30.7% and is now trading at C$0.61. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Western Forest Products?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Forest Products in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Western Forest Products.

When is Western Forest Products' next earnings date?

Western Forest Products is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Western Forest Products.

How were Western Forest Products' earnings last quarter?

Western Forest Products Inc (TSE:WEF) posted its quarterly earnings results on Tuesday, February, 11th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.02. The company had revenue of $80.10 million for the quarter. View Western Forest Products' earnings history.

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 Wednesday, February 12th. Investors of record on Friday, February 28th will be given a dividend of 0.023 per share on Friday, March 13th. This represents a $0.09 annualized dividend and a dividend yield of 15.08%. The ex-dividend date of this dividend is Thursday, February 27th. This is an increase from Western Forest Products's previous quarterly dividend of $0.02. View Western Forest Products' dividend history.

What price target have analysts set for WEF?

4 brokers have issued 1 year price targets for Western Forest Products' shares. Their forecasts range from C$1.25 to C$1.50. On average, they anticipate Western Forest Products' share price to reach C$1.45 in the next year. This suggests a possible upside of 137.7% from the stock's current price. View analysts' price targets for Western Forest Products.

Has Western Forest Products been receiving favorable news coverage?

News stories about WEF stock have been trending somewhat positive recently, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Western Forest Products earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutWestern Forest Products.

Who are some of Western Forest Products' key competitors?

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 Tourmaline Oil (TOU), ProMetic Life Sciences (PLI), Altagas (ALA), Bombardier, Inc. Class B (BBD.B), Enbridge (ENB), Inter Pipeline (IPL), Teck Resources (TECK.B), Whitecap Resources (WCP), Yamana Gold (YRI) and Carnival (CCL).

Who are Western Forest Products' key executives?

Western Forest Products' management team includes the following people:
  • Mr. Donald Eugene Demens, CEO, Pres & Non Independent Director (Age 57)
  • Mr. Stephen Williams, Exec. VP & CFO
  • Ms. Jennifer Eileen Foster, VP of HR
  • Mr. Dallyn Willis, Sr. Director of Fin. & Admin.
  • Ms. Alyce Harper, Sr. Director of Legal & Corp. Sec.

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 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 WEF stock can currently be purchased for approximately C$0.61.

How big of a company is Western Forest Products?

Western Forest Products has a market capitalization of C$228.87 million and generates C$807.70 million in revenue each year. Western Forest Products employs 2,182 workers across the globe. View additional information about Western Forest Products.

What is Western Forest Products' official website?

The official website for Western Forest Products is http://www.westernforest.com/.

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 company can be reached via phone at +1-604-6484500.


MarketBeat Community Rating for Western Forest Products (TSE WEF)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  363 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  621
MarketBeat's community ratings are surveys of what our community members think about Western Forest Products 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.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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