Western 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:
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?
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?
Some companies that are related to Western Forest Products include GRAFTON GROUP PLC UT (1 ORD, 1 C (GFTU), Flow International Corp (FLOW), ATS Automation Tooling Systems (ATA), Aecon Group (ARE), Badger Daylighting Ltd (BAD), Ag Growth International (AFN), Rogers Sugar (RSI), Savaria (SIS), Heroux Devtek (HRX), CanWel Building Materials Group Ltd (CWX), Dirtt Environmental Solutions Ltd (DRT), Bird Construction (BDT), Mj Gleeson Plc (GLE), IBI Group (IBG), Stuart Olson (SOX), Conifex Timber (CFF), Accsys Technologies Plc (AXS) and Atlantis Resources Ltd (ARL).
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)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.
Consensus Ratings for Western Forest Products (TSE:WEF) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 8/4/2017 | TD Securities | Boost Price Target | Buy | C$2.75 -> C$3.00 |  |
| 8/3/2017 | Scotiabank | Boost Price Target | Outperform | C$2.45 -> C$2.55 | |
| 8/3/2017 | Raymond James Financial, Inc. | Boost Price Target | Strong-Buy | C$2.75 -> C$3.10 | |
| 6/6/2017 | CIBC | Boost Price Target | Neutral -> Outperform | C$2.50 -> C$2.75 | |
| 4/19/2017 | Royal Bank Of Canada | Downgrade | Outperform -> Sector Perform | C$2.25 | |
| 3/21/2016 | Dundee Securities | Reiterated Rating | Buy | C$2.80 | |
(Data available from 9/24/2015 forward)
Earnings History for Western Forest Products (TSE:WEF)Earnings History by Quarter for Western Forest Products (TSE WEF)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | | | | | | | |
| 7/30/2014 | | C$0.07 | C$0.07 | | C$296.20 million | View | N/A | |
| 5/7/2014 | | C$0.06 | C$0.06 | | C$246.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Western Forest Products (TSE:WEF)2017 EPS Consensus Estimate: $0.29
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.09 | $0.09 | $0.09 |
| Q2 2017 | 1 | $0.06 | $0.06 | $0.06 |
| Q3 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q4 2017 | 1 | $0.07 | $0.07 | $0.07 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Western Forest Products (TSE WEF)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/3/2017 | Quarterly | $0.02 | 3.02% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 5/30/2017 | Quarterly | $0.02 | 3.64% | 5/30/2017 | 6/16/2017 | 6/16/2017 |
| 2/27/2017 | Quarterly | $0.02 | 3.72% | 2/27/2017 | 3/17/2017 | 3/17/2017 |
| 11/29/2016 | Quarterly | $0.02 | 4.28% | 11/29/2016 | 12/16/2016 | 12/16/2016 |
| 8/30/2016 | Quarterly | $0.02 | 3.81% | 8/30/2016 | 9/16/2016 | 9/16/2016 |
| 5/30/2016 | Quarterly | $0.02 | 3.43% | 5/30/2016 | 6/17/2016 | 6/17/2016 |
| 2/29/2016 | Quarterly | $0.02 | 3.88% | 2/29/2016 | 3/18/2016 | 3/18/2016 |
| 11/30/2015 | Quarterly | $0.02 | 3.65% | 11/30/2015 | 12/18/2015 | 12/18/2015 |
| 8/10/2015 | Quarterly | $0.02 | 4.28% | 8/28/2015 | 9/1/2015 | 9/18/2015 |
| 5/11/2015 | Quarterly | $0.02 | 3.62% | 5/28/2015 | 6/1/2015 | 6/19/2015 |
| 2/20/2015 | Quarterly | $0.02 | 3.57% | 2/26/2015 | 3/2/2015 | 3/20/2015 |
| 11/17/2014 | quarterly | $0.02 | 3.27% | 11/27/2014 | 12/1/2014 | 12/19/2014 |
| 8/13/2014 | quarterly | $0.02 | 3.24% | 8/28/2014 | 9/2/2014 | 9/19/2014 |
| 5/13/2014 | quarterly | $0.02 | 3.38% | 5/29/2014 | 6/2/2014 | 6/20/2014 |
| 2/24/2014 | quarterly | $0.02 | 3.09% | 2/27/2014 | 3/3/2014 | 3/21/2014 |
| 11/25/2013 | quarterly | $0.02 | 4.79% | 11/28/2013 | 12/2/2013 | 12/20/2013 |
| 8/19/2013 | quarterly | $0.02 | | | 8/30/2013 | 9/20/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Western Forest Products (TSE:WEF)Insider Trades by Quarter for Western Forest Products (TSE:WEF)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/9/2017 | Daniel Louis Nocente | Director | Buy | 39,000 | C$2.23 | C$86,970.00 | |
| 6/8/2017 | Daniel Louis Nocente | Director | Buy | 20,000 | C$2.23 | C$44,600.00 | |
| 6/1/2017 | Daniel Louis Nocente | Director | Buy | 20,000 | C$2.17 | C$43,400.00 | |
| 5/31/2017 | Stephen D.A. Williams | Insider | Buy | 30,000 | C$2.12 | C$63,600.00 | |
| 5/17/2017 | Daniel Louis Nocente | Director | Buy | 21,000 | C$2.17 | C$45,570.00 | |
| 5/16/2017 | Stephen D.A. Williams | Insider | Buy | 18,100 | C$2.19 | C$39,639.00 | |
| 5/15/2017 | Daniel Louis Nocente | Director | Buy | 25,000 | C$2.18 | C$54,500.00 | |
| 5/9/2017 | Michael T Waites | Director | Buy | 20,000 | C$2.14 | C$42,800.00 | |
| 5/8/2017 | Daniel Louis Nocente | Director | Buy | 50,000 | C$2.14 | C$107,000.00 | |
| 2/24/2017 | Barrie Shineton | Director | Buy | 45,000 | C$2.14 | C$96,300.00 | |
| 6/7/2016 | Daniel Louis Nocente | Director | Buy | 2,600 | C$2.30 | C$5,980.00 | |
| 2/26/2016 | Daniel Louis Nocente | Director | Buy | 7,000 | C$2.08 | C$14,560.00 | |
| 2/24/2016 | Stephen D.A. Williams | Insider | Buy | 4,000 | C$1.98 | C$7,900.00 | |
| 9/25/2015 | Shannon Janzen | Insider | Buy | 12,000 | C$1.71 | C$20,520.00 | |
| 9/24/2015 | Stephen D.A. Williams | Insider | Buy | 8,500 | C$1.68 | C$14,280.00 | |
| 9/18/2015 | Stephen D.A. Williams | Insider | Buy | 25,000 | C$1.68 | C$42,000.00 | |
| 5/22/2015 | Anton Sebastien Peiffer | Insider | Sell | 30,000 | C$2.22 | C$66,600.00 | |
| 3/19/2015 | Richard Orval Forgaard | Insider | Buy | 40,500 | C$1.91 | C$77,355.00 | |
| 12/11/2014 | Michael T Waites | Director | Buy | 15,000 | C$2.44 | C$36,600.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Western Forest Products (TSE:WEF)
Latest Headlines for Western Forest Products (TSE:WEF)
| Source: |
|
| Date | Headline |
|---|
 | Western 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 |
| ETFs with exposure to Western Forest Products, Inc. : August 18, 2017
finance.yahoo.com - August 18 at 8:34 PM |
| Western Forest Products, Inc. :WEF-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017
finance.yahoo.com - August 7 at 3:23 PM |
 | Western Forest Products' (WFSTF) CEO Don Demens on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 6 at 7:15 AM |
| Western Forest Products, Inc. :WEF-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 8:29 AM |
 | TD Securities Boosts Western Forest Products Inc (WEF) Price Target to C$3.00
www.americanbankingnews.com - August 4 at 2:28 PM |
| Edited Transcript of WEF.TO earnings conference call or presentation 3-Aug-17 4:00pm GMT
finance.yahoo.com - August 4 at 9:55 AM |
| Western 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 |
| Scotiabank Increases Western Forest Products Inc (WEF) Price Target to C$2.55
www.americanbankingnews.com - August 3 at 2:46 PM |
 | Western Forest Products Inc. Announces Normal Course Issuer Bid - Benzinga
www.benzinga.com - August 3 at 8:50 AM |
| Western Forest Products Inc. Confirms Record Date of Third Quarter 2017 Dividend
feeds.benzinga.com - August 2 at 9:29 PM |
| Western Forest Products Indefinitely Curtails Somass Sawmill - Benzinga
www.benzinga.com - July 28 at 9:55 AM |
| Western Forest Products Indefinitely Curtails Somass Sawmill
finance.yahoo.com - July 28 at 9:55 AM |
| Western Forest Products Inc (WEF) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - July 27 at 5:20 PM |
 | Cogeco, Fairfax at 52-Week Highs
www.baystreet.ca - July 19 at 4:26 PM |
| Canadian Basic Materials Stocks Under Review West Fraser Timber, Canfor, Western Forest Products, and Interfor
finance.yahoo.com - July 14 at 9:55 AM |
| Western Forest Products Found Its Place In The Forest: Niche Product Mix Creates 71% Upside
seekingalpha.com - July 5 at 11:32 AM |
| Today’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 |
| Western Forest Products Announces Release Date of Second Quarter 2017 Results and Conference Call Details - Benzinga
www.benzinga.com - July 1 at 8:59 AM |
| Western Forest Products Announces Release Date of Second Quarter 2017 Results and Conference Call Details
finance.yahoo.com - July 1 at 8:59 AM |
| Western Forest Products Inc (WEF) Director Buys C$86,970.00 in Stock
www.americanbankingnews.com - June 9 at 10:09 PM |
| Western Forest Products Inc (WEF) Director Buys C$44,600.00 in Stock
www.americanbankingnews.com - June 9 at 10:09 PM |
| Western Forest Products Inc (WEF) Price Target Raised to C$2.75 at CIBC
www.americanbankingnews.com - June 6 at 11:02 PM |
| Western Forest Products Inc (WEF) Director Purchases C$43,400.00 in Stock
www.americanbankingnews.com - June 2 at 4:58 PM |
| Insider Buying: Western Forest Products Inc (WEF) Insider Purchases 30,000 Shares of Stock
www.americanbankingnews.com - June 1 at 7:24 AM |
| Western 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 |
| Western Forest Products Inc (WEF) Announces $0.02 Quarterly Dividend
www.americanbankingnews.com - May 29 at 6:04 PM |
| Western 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 |
| Daniel Louis Nocente Buys 21,000 Shares of Western Forest Products Inc (WEF) Stock
www.americanbankingnews.com - May 17 at 4:53 PM |
| Western Forest Products Inc (WEF) Insider Buys C$39,639.00 in Stock
www.americanbankingnews.com - May 16 at 10:17 PM |
| Insider Buying: Western Forest Products Inc (WEF) Director Buys 25,000 Shares of Stock
www.americanbankingnews.com - May 16 at 4:28 PM |
| Futures Stumble Wednesday
www.baystreet.ca - May 12 at 4:30 AM |
| Edited Transcript of WEF.TO earnings conference call or presentation 4-May-17 7:00pm GMT
finance.yahoo.com - May 12 at 4:30 AM |
| Western Forest Products Inc (WEF) Director Purchases C$107,000.00 in Stock
www.americanbankingnews.com - May 11 at 1:16 PM |
| Insider Buying: Western Forest Products Inc (WEF) Director Acquires 20,000 Shares of Stock
www.americanbankingnews.com - May 10 at 4:44 PM |
| Western Forest Products Inc (WEF) Price Target Increased to C$2.50 by Analysts at CIBC
www.americanbankingnews.com - May 10 at 2:10 PM |
| Western Forest Products Inc (WEF) Given a C$2.75 Price Target by TD Securities Analysts
www.americanbankingnews.com - May 5 at 3:44 PM |
| Western Forest Products Inc (WEF) PT Set at C$2.45 by Scotiabank
www.americanbankingnews.com - May 4 at 4:10 PM |
| Western Forest Products Inc. Confirms Record Date of Second Quarter 2017 Dividend
finance.yahoo.com - May 3 at 6:56 PM |
| Western Announces First Quarter 2017 Results
finance.yahoo.com - May 3 at 6:56 PM |
| Western 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 |
 | Softwood lumber dispute fires up trade fight between Canada, U.S. - Nasdaq
www.nasdaq.com - April 26 at 5:13 PM |
| Research 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 |
| CANADA STOCKS-TSX up with banks, energy stocks; lumber stocks rally - Nasdaq
www.nasdaq.com - April 26 at 8:17 AM |
| Western Forest Products, Inc. – Value Analysis (TORONTO:WEF) : April 20, 2017
finance.yahoo.com - April 21 at 1:09 AM |
| Western 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 |
| Western Forest Products Inc (WEF) Lowered to "Sector Perform" at Royal Bank of Canada
www.americanbankingnews.com - April 19 at 11:27 AM |
 | Why 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 |
| ETFs with exposure to Western Forest Products, Inc. : April 10, 2017
finance.yahoo.com - April 10 at 8:08 PM |
| Western 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 |
Western Forest Products (WEF) Chart for Sunday, September, 24, 2017
