TSE:WEFWestern Forest Products Stock Price, Forecast & News

C$0.83

+0.02 (+2.47 %)

(As of 06/5/2020 10:54 AM ET)

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Today's Range

C$0.83

Now: C$0.83▼

C$0.86

50-Day Range

C$0.61

MA: C$0.77▼

C$0.96

52-Week Range

C$0.58

Now: C$0.83▼

C$1.72

Volume388,309 shs

Average Volume1.04 million shs

Market CapitalizationC$311.41 million

P/E RatioN/A

Dividend Yield10.59%

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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Western Forest Products has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.09, Western Forest Products has a potential upside of 28.2% from its current price of C$0.85.
Amount of Analyst Coverage
Western Forest Products has only been the subject of 3 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Western Forest Products has received 367 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Western Forest Products has received 263 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Western Forest Products has received 58.25% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
Western Forest Products is a leading dividend payer. It pays a dividend yield of 10.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Western Forest Products does not have a long track record of dividend growth.

0.0 Company Ownership

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

0.6 Earnings and Valuation

Earnings Growth
Earnings for Western Forest Products are expected to decrease by -100.00% in the coming year, from C$0.07 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Western Forest Products is -4.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Western Forest Products is -4.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Western Forest Products, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Western Forest Products has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.71 out of 5 stars

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

Debt

Debt-to-Equity Ratio34.80

Current Ratio2.65

Quick Ratio0.71

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio11.86

P/E Growth-0.97

Sales & Book Value

Annual SalesC$631.10 million

Price / Sales0.49

Cash FlowC$0.01 per share

Price / Cash Flow130.00

Book ValueC$1.23 per share

Price / Book0.68

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees2,182

Outstanding Shares375,197,000

Market CapC$311.41 million

Next Earnings Date8/6/2020 (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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WEF stock has decreased by 3.4% and is now trading at C$0.85. View which stocks have been most impacted by Coronavirus.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Forest Products in the last year. There are currently 1 hold rating 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 Thursday, August 6th 2020. View our earnings forecast for Western Forest Products.

How were Western Forest Products' earnings last quarter?

Western Forest Products Inc (TSE:WEF) announced its quarterly earnings results on Wednesday, May, 6th. The company reported ($0.06) EPS for the quarter, hitting analysts' consensus estimates of ($0.06). The firm earned $99.10 million during 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 announced a quarterly dividend on Wednesday, February 12th. Stockholders of record on Friday, February 28th will be paid a dividend of 0.023 per share on Friday, March 13th. This represents a $0.09 annualized dividend and a yield of 10.82%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Western Forest Products's previous quarterly dividend of C$0.02. View Western Forest Products' dividend history.

What price target have analysts set for WEF?

3 brokerages have issued 12 month price objectives for Western Forest Products' stock. Their forecasts range from C$0.90 to C$1.50. On average, they expect Western Forest Products' stock price to reach C$1.09 in the next year. This suggests a possible upside of 28.2% from the stock's current price. View analysts' price targets for Western Forest Products.

Has Western Forest Products been receiving favorable news coverage?

Press coverage about WEF stock has trended somewhat negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Western Forest Products earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutWestern Forest Products.

Who are some of Western Forest Products' key competitors?

Some companies that are related to Western Forest Products include Alamo Group (ALG), Tennant (TNC), Kaiser Aluminum (KALU), Terex (TEX), Marshalls (MSLH), Bodycote (BYPLF), Helios Technologies (HLIO), Kaman (KAMN), Kadant (KAI), Omega Flex (OFLX), CHINA HIGH SPEE/ADR (CHSTY), Lindsay (LNN), James Halstead (JHD), Actuant (ATU) and MAG Silver (MAG). View all 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 Altagas (ALA), Inter Pipeline (IPL), Kinaxis (KXS), Canadian National Railway (CNR), Tourmaline Oil (TOU), Birchcliff Energy (BIR), ProMetic Life Sciences (PLI), Alimentation Couche-Tard (ATD.B), Bombardier, Inc. Class B (BBD.B) and Enbridge (ENB).

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$0.85.

How big of a company is Western Forest Products?

Western Forest Products has a market capitalization of C$318.92 million and generates C$631.10 million in revenue each year. Western Forest Products employs 2,182 workers across the globe.

What is Western Forest Products' official website?

The official website for Western Forest Products is 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.

This page was last updated on 6/5/2020 by MarketBeat.com Staff