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MarketBeat Week in Review – 1/30 - 2/3
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
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Why a new Alzheimer's drug is having a slow US debut
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
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Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
TSE:WEF

Western Forest Products - WEF Stock Forecast, Price & News

C$1.38
-0.02 (-1.43%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
C$1.36
C$1.41
50-Day Range
C$1.10
C$1.42
52-Week Range
C$1.03
C$2.29
Volume
124,563 shs
Average Volume
448,352 shs
Market Capitalization
C$437.11 million
P/E Ratio
4.06
Dividend Yield
3.70%
Price Target
C$1.83

Western Forest Products MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
32.6% Upside
C$1.83 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.17mentions of Western Forest Products in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
C$111,354 Bought Last Quarter
Proj. Earnings Growth
N/A

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

WEF stock logo

About Western Forest Products (TSE:WEF) Stock

Western 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.

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WEF Stock News Headlines

A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
Western Announces Fourth Quarter 2021 Results
Western Announces Third Quarter 2021 Results
See More Headlines
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WEF Company Calendar

Ex-Dividend for 12/16 Dividend
11/24/2022
Dividend Payable
12/16/2022
Today
2/04/2023
Next Earnings (Estimated)
2/15/2023

Industry, Sector and Symbol

Industry
Lumber, Wood Production
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,051
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$1.83
High Stock Price Forecast
C$3.25
Low Stock Price Forecast
C$1.25
Forecasted Upside/Downside
+32.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.48 billion
Cash Flow
C$0.14 per share
Book Value
C$2.12 per share

Miscellaneous

Free Float
N/A
Market Cap
C$437.11 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Stephen Williams
    Exec. VP & CFO
  • Mr. Bruce Lindsay Alexander
    Sr. VP of Sales, Marketing & Manufacturing
  • Ms. Jennifer Eileen Foster
    Sr. VP of HR & Corp. Affairs
  • Mr. Donald Eugene Demens (Age 61)
    Advisor
    Comp: $2.84M
  • Ms. Shannon Janzen
    VP of Partnerships & Sustainability and Chief Forester
  • Mr. J. Steven Hofer (Age 53)
    Pres, CEO & Director
  • Ms. Alyce Harper
    VP, Gen. Counsel & Corp. Sec.
  • Babita Khunkhun
    Sr. Director of Communications
  • Mr. Glen Douglas Nontell
    VP of Corp. Devel.
  • Mr. Morris Mandziuk
    Treasurer













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