QQQ   293.22 (-0.48%)
AAPL   142.80 (-1.03%)
MSFT   246.07 (-0.70%)
META   148.88 (-0.06%)
GOOGL   97.96 (-0.89%)
AMZN   101.89 (-1.20%)
TSLA   170.75 (-1.43%)
NVDA   199.25 (+1.99%)
NIO   11.62 (-3.73%)
BABA   111.12 (+0.83%)
AMD   80.66 (+7.33%)
T   20.38 (+0.05%)
MU   60.92 (+1.03%)
F   13.59 (+0.59%)
CGC   2.97 (-1.98%)
GE   81.33 (+1.06%)
DIS   107.82 (-0.62%)
AMC   5.39 (+0.75%)
PFE   43.58 (-1.31%)
PYPL   80.49 (-1.23%)
NFLX   357.24 (+0.96%)
QQQ   293.22 (-0.48%)
AAPL   142.80 (-1.03%)
MSFT   246.07 (-0.70%)
META   148.88 (-0.06%)
GOOGL   97.96 (-0.89%)
AMZN   101.89 (-1.20%)
TSLA   170.75 (-1.43%)
NVDA   199.25 (+1.99%)
NIO   11.62 (-3.73%)
BABA   111.12 (+0.83%)
AMD   80.66 (+7.33%)
T   20.38 (+0.05%)
MU   60.92 (+1.03%)
F   13.59 (+0.59%)
CGC   2.97 (-1.98%)
GE   81.33 (+1.06%)
DIS   107.82 (-0.62%)
AMC   5.39 (+0.75%)
PFE   43.58 (-1.31%)
PYPL   80.49 (-1.23%)
NFLX   357.24 (+0.96%)
QQQ   293.22 (-0.48%)
AAPL   142.80 (-1.03%)
MSFT   246.07 (-0.70%)
META   148.88 (-0.06%)
GOOGL   97.96 (-0.89%)
AMZN   101.89 (-1.20%)
TSLA   170.75 (-1.43%)
NVDA   199.25 (+1.99%)
NIO   11.62 (-3.73%)
BABA   111.12 (+0.83%)
AMD   80.66 (+7.33%)
T   20.38 (+0.05%)
MU   60.92 (+1.03%)
F   13.59 (+0.59%)
CGC   2.97 (-1.98%)
GE   81.33 (+1.06%)
DIS   107.82 (-0.62%)
AMC   5.39 (+0.75%)
PFE   43.58 (-1.31%)
PYPL   80.49 (-1.23%)
NFLX   357.24 (+0.96%)
QQQ   293.22 (-0.48%)
AAPL   142.80 (-1.03%)
MSFT   246.07 (-0.70%)
META   148.88 (-0.06%)
GOOGL   97.96 (-0.89%)
AMZN   101.89 (-1.20%)
TSLA   170.75 (-1.43%)
NVDA   199.25 (+1.99%)
NIO   11.62 (-3.73%)
BABA   111.12 (+0.83%)
AMD   80.66 (+7.33%)
T   20.38 (+0.05%)
MU   60.92 (+1.03%)
F   13.59 (+0.59%)
CGC   2.97 (-1.98%)
GE   81.33 (+1.06%)
DIS   107.82 (-0.62%)
AMC   5.39 (+0.75%)
PFE   43.58 (-1.31%)
PYPL   80.49 (-1.23%)
NFLX   357.24 (+0.96%)
TSE:WEF

Western Forest Products - WEF Stock Forecast, Price & News

C$1.39
-0.03 (-2.11%)
(As of 02/1/2023 11:13 AM ET)
Add
Compare
Today's Range
C$1.37
▼
C$1.45
50-Day Range
C$1.10
▼
C$1.42
52-Week Range
C$1.03
▼
C$2.29
Volume
435,361 shs
Average Volume
436,161 shs
Market Capitalization
C$440.27 million
P/E Ratio
4.09
Dividend Yield
3.70%
Price Target
C$1.83

Western Forest Products MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
28.9% Upside
C$1.83 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.58mentions of Western Forest Products in the last 14 days
Based on 5 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.

2.98 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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.

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.

WEF Stock News Headlines

January 31, 2023 | americanbankingnews.com
Brokers Offer Predictions for Western Forest Products Inc.'s Q1 2023 Earnings (TSE:WEF)
January 26, 2023 | finance.yahoo.com
Working Group to Explore Solutions for Western’s Alberni-Pacific Division
February 1, 2023 | PressReach (Ad)
Top AI Tech Stock To Watch
Today's stock market news features a Robotics stock with blue sky potential.
December 30, 2022 | finance.yahoo.com
Western Forest Products Inc. Announces Release Date of Fourth Quarter and Fiscal 2022 Results and Conference Call Details
September 6, 2022 | theglobeandmail.com
Closing Bell: Western Forest Products Inc down on Friday (WEF)
August 9, 2022 | finance.yahoo.com
Western Forest Products (TSE:WEF) Will Pay A Dividend Of CA$0.0125
August 3, 2022 | finance.yahoo.com
Western Forest Products Inc. Announces Renewal of 10% Normal Course Issuer Bid
August 3, 2022 | finance.yahoo.com
Western Forest Products Inc. Announces Renewal of 10% Normal Course Issuer Bid
February 1, 2023 | PressReach (Ad)
Top AI Tech Stock To Watch
Today's stock market news features a Robotics stock with blue sky potential.
July 28, 2022 | finance.yahoo.com
Western Forest Products Appoints Steven Hofer as President & CEO
July 27, 2022 | finance.yahoo.com
Western Forest Products (TSE:WEF) investors are sitting on a loss of 31% if they invested five years ago
July 19, 2022 | finance.yahoo.com
Western Forest Products Inc. Announces Acquisition of Calvert Company To Support Mass Timber Growth Initiatives in North America
July 7, 2022 | uk.finance.yahoo.com
Why Western Forest Products could be well placed to recover from volatility
June 30, 2022 | nz.finance.yahoo.com
Western Forest Products Inc. Announces Release Date of Second Quarter 2022 Results and Conference Call Details
June 30, 2022 | finance.yahoo.com
Western Forest Products Inc. Announces Release Date of Second Quarter 2022 Results and Conference Call Details
June 22, 2022 | uk.finance.yahoo.com
Could quality and value be the key for shares in Western Forest Products?
March 1, 2022 | finance.yahoo.com
Western Forest Products Inc. Announces Appointment of New Director
February 20, 2022 | finance.yahoo.com
Earnings Beat: Western Forest Products Inc. (TSE:WEF) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts
February 17, 2022 | finance.yahoo.com
Western Announces Fourth Quarter 2021 Results
February 17, 2022 | finance.yahoo.com
Western Forest Products Inc. Confirms Record Date of First Quarter 2022 Dividend
February 15, 2022 | finance.yahoo.com
Investors in Western Forest Products (TSE:WEF) have made a respectable return of 41% over the past year
February 1, 2022 | ca.finance.yahoo.com
Western Forest Products searching for new CEO with retirement of Don Demens
November 3, 2021 | finance.yahoo.com
Western Announces Third Quarter 2021 Results
November 3, 2021 | finance.yahoo.com
Western Forest Products Inc. Confirms Record Date of Fourth Quarter 2021 Dividend
November 2, 2021 | finance.yahoo.com
Western Provides Initial Response to B.C. Provincial Government's Old Growth Review Update
October 27, 2021 | finance.yahoo.com
Western Forest Products Inc. Confirms Record Date of Third Quarter 2016 Dividend
September 29, 2021 | finance.yahoo.com
Why We Like The Returns At Western Forest Products (TSE:WEF)
See More Headlines
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.

WEF Company Calendar

Last Earnings
11/03/2022
Ex-Dividend for 12/16 Dividend
11/24/2022
Dividend Payable
12/16/2022
Today
2/01/2023
Next Earnings (Estimated)
2/15/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Lumber, Wood Production
Sub-Industry
N/A
Sector
Industrials
Current Symbol
TSE:WEF
CUSIP
N/A
CIK
N/A
Web
www.westernforest.com
Phone
+1-604-6484500
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
+31.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
4.09
Forward P/E Ratio
8.61
P/E Growth
0.32
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
3.22
Current Ratio
2.56
Quick Ratio
0.73

Sales & Book Value

Annual Sales
C$1.48 billion
Price / Sales
0.30
Cash Flow
C$0.14 per share
Price / Cash Flow
10.18
Book Value
C$2.12 per share
Price / Book
0.66

Miscellaneous

Outstanding Shares
316,743,000
Free Float
N/A
Market Cap
C$440.27 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

Key Competitors

View All Competitors

Insiders & Institutions

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 twelve months. 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 Wall Street research analysts have issued 1-year 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 stock price to reach C$1.83 in the next twelve months. This suggests a possible upside of 28.9% 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 the year. Since then, WEF stock has increased by 22.4% and is now trading at C$1.42.
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 were Western Forest Products' earnings last quarter?

Western Forest Products Inc. (TSE:WEF) issued its quarterly earnings results on Thursday, November, 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.04. The business earned $356 million during the quarter.

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. Shareholders of record on Friday, December 16th will be given a dividend of 0.0125 per share on Friday, December 16th. This represents a $0.05 annualized dividend and a dividend yield of 3.52%. The ex-dividend date 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$1.42.

How much money does Western Forest Products make?

Western Forest Products (TSE:WEF) has a market capitalization of C$449.78 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 2/1/2023 by MarketBeat.com Staff