Should I buy or sell West Fraser Timber stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for West Fraser Timber in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WFG shares. View WFG analyst ratings or view top-rated stocks .

What is West Fraser Timber's stock price target for 2024?

2 analysts have issued twelve-month price targets for West Fraser Timber's stock. Their WFG share price targets range from C$95.00 to C$132.00. On average, they predict the company's stock price to reach C$115.33 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View analysts price targets for WFG or view top-rated stocks among Wall Street analysts .

How have WFG shares performed in 2023?

West Fraser Timber's stock was trading at C$97.77 at the beginning of the year. Since then, WFG shares have increased by 4.6% and is now trading at C$102.25. View the best growth stocks for 2023 here .

When is West Fraser Timber's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our WFG earnings forecast .

How were West Fraser Timber's earnings last quarter?

West Fraser Timber Co. Ltd. (TSE:WFG) posted its quarterly earnings results on Wednesday, October, 25th. The company reported $2.43 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $1.20. The firm had revenue of $2.29 billion for the quarter. West Fraser Timber had a negative trailing twelve-month return on equity of 1.40% and a negative net margin of 1.63%.

How often does West Fraser Timber pay dividends? What is the dividend yield for West Fraser Timber?

West Fraser Timber declared a quarterly dividend on Tuesday, September 12th. Stockholders of record on Wednesday, September 27th will be given a dividend of 0.405 per share on Friday, October 13th. This represents a $1.62 annualized dividend and a yield of 1.58%. The ex-dividend date is Tuesday, September 26th. Read our dividend analysis for WFG .

Is West Fraser Timber a good dividend stock?

West Fraser Timber (TSE:WFG) pays an annual dividend of C$1.64 per share and currently has a dividend yield of 1.56%. Read our dividend analysis for WFG .

How do I buy shares of West Fraser Timber?

Shares of WFG 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 .

West Fraser Timber Stock Price, News & Analysis (TSE:WFG)

C$102.25

-1.75 (-1.68%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$101.34
▼
C$104.28
50-Day Range: C$89.18
▼
C$107.34
52-Week Range: C$88.61
▼
C$121.66

Volume: 157,408 shs
Average Volume: 206,624 shs
Market Capitalization: C$8.31 billion

P/E Ratio: N/A
Dividend Yield: 1.60%
Price Target: C$115.33

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

West Fraser Timber MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 12.8% Upside
C$115.33 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
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.

1.35 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
West Fraser Timber has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$115.33, West Fraser Timber has a forecasted upside of 12.8% from its current price of C$102.25.
Amount of Analyst Coverage
West Fraser Timber has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for WFG.

0.8

Dividend Strength

Dividend Yield
West Fraser Timber pays a meaningful dividend of 1.56%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
West Fraser Timber does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WFG.

0.0

News and Social Media Coverage

Search Interest
Only 1 people have searched for WFG on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, West Fraser Timber insiders have not sold or bought any company stock.
Percentage Held by Insiders
32.74% of the stock of West Fraser Timber is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.43% of the stock of West Fraser Timber is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of West Fraser Timber is -170.42, 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 West Fraser Timber is -170.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
West Fraser Timber has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About West Fraser Timber Stock (TSE:WFG)

West Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards. The company also provides northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp used to produce various paper products, including printing and writing papers, paperboard products, tissue and towel products, and a variety of other paper grades. Its products are used in home construction, repair and remodeling, papers, tissue, and box materials, and industrial applications. The company sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, the United Kingdom, Europe, Asia, and internationally. West Fraser Timber Co. Ltd. was founded in 1955 and is headquartered in Vancouver, Canada.

WFG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WFG Stock News Headlines

November 30, 2023 | msn.com

'Richest country on earth run by idiots': Kevin O'Leary says Canada is 'very, very wealthy' and has every resource the world wants — but it's poorly managed. 3 top stocks to ...

November 30, 2023 | finance.yahoo.com

'Richest country on earth run by idiots': Kevin O'Leary says Canada is 'very, very wealthy' and has every resource the world wants — but it's poorly managed. 3 top stocks to play a comeback

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 17, 2023 | finance.yahoo.com

WEST FRASER ANNOUNCES COMPLETION OF SPRAY LAKE SAWMILLS ACQUISITION

October 29, 2023 | finance.yahoo.com

Investing in West Fraser Timber (TSE:WFG) three years ago would have delivered you a 53% gain

October 27, 2023 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: West Fraser Timber Co (WFG) and Reliance Steel (RS)

October 14, 2023 | msn.com

3 Top Timber and Forest Stocks to Buy on the TSX Today

September 25, 2023 | finance.yahoo.com

West Fraser (WFG) Inks Deal to Sell Canada Mills to Atlas

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

September 24, 2023 | msn.com

West Fraser to sell two Western Canada pulp mills in $120M deal

September 22, 2023 | theglobeandmail.com

West Fraser selling two pulp mills to Atlas Holdings for US$120-million

September 6, 2023 | finance.yahoo.com

WEST FRASER TO ACQUIRE SPRAY LAKE SAWMILLS

August 10, 2023 | msn.com

West Fraser President/CEO Ferris to retire at year-end, succeeded by McLaren

July 27, 2023 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Agnico Eagle (AEM), Wacker Chemie AG (OtherWKCMF) and West Fraser Timber Co (WFG)

July 25, 2023 | benzinga.com

West Fraser Timber Earnings Preview

July 1, 2023 | finance.yahoo.com

Lumber Producers Are Back in Favor on Wall Street

May 5, 2023 | seekingalpha.com

West Fraser Timber: Why I'm Buying After Earnings

May 3, 2023 | theglobeandmail.com

Closing Bell: West Fraser Timber CO Ltd up on Wednesday (WFG)

May 1, 2023 | theglobeandmail.com

Closing Bell: West Fraser Timber CO Ltd flat on Monday (WFG)

May 1, 2023 | markets.businessinsider.com

West Fraser Timber Co (WFG) Gets a Buy from BMO Capital

April 28, 2023 | theglobeandmail.com

Closing Bell: West Fraser Timber CO Ltd up on Friday (WFG)

April 25, 2023 | finance.yahoo.com

WEST FRASER ANNOUNCES FIRST QUARTER 2023 RESULTS

April 25, 2023 | theglobeandmail.com

Closing Bell: West Fraser Timber CO Ltd down on Monday (WFG)

April 24, 2023 | finance.yahoo.com

West Fraser: King of Lumber

April 21, 2023 | theglobeandmail.com

Closing Bell: West Fraser Timber CO Ltd down on Thursday (WFG)

April 19, 2023 | theglobeandmail.com

Closing Bell: West Fraser Timber CO Ltd down on Tuesday (WFG)

April 12, 2023 | finance.yahoo.com

Are Investors Undervaluing West Fraser Timber Co. Ltd. (TSE:WFG) By 42%?

See More Headlines

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Company Calendar

Ex-Dividend for 10/13 Dividend: 9/26/2023
Dividend Payable: 10/13/2023
Last Earnings: 10/25/2023
Today: 12/09/2023
Next Earnings (Estimated): 2/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Lumber & Wood Production
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:WFG
CUSIP: N/A
CIK: N/A
Web: waterfrontcapitalcorp.com
Phone: +1-604-9222030
Fax: N/A
Employees: 11,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$115.33
High Stock Price Target: C$132.00
Low Stock Price Target: C$95.00
Potential Upside/Downside: +12.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.60)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 18.84
P/E Growth: N/A
Net Income: C$-107,000,000.00
Net Margins: -1.63%
Pretax Margin: N/A
Return on Equity: -1.40%
Return on Assets: -0.23%

Debt

Debt-to-Equity Ratio: 7.03
Current Ratio: 3.51
Quick Ratio: 2.10

Sales & Book Value

Annual Sales: C$6.56 billion
Price / Sales: 1.27
Cash Flow: C$15.50 per share
Price / Cash Flow: 6.60
Book Value: C$90.18 per share
Price / Book: 1.13

Miscellaneous

Outstanding Shares: 81,270,000
Free Float: N/A
Market Cap: C$8.31 billion
Optionable: Not Optionable
Beta: 1.97

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Key Executives

Mr. Raymond W. Ferris (Age 60)
President, CEO & Corporate Director
Comp: $2.85M
Mr. Christopher A. Virostek CA (Age 50)
CPA, HBBA, Senior VP of Finance & CFO
Comp: $1.11M
Mr. Sean P. McLaren
Chief Operating Officer
Ms. Robin A. Lampard
Senior Vice-President of Finance
Mr. Kevin John Burke
Senior Vice-President of Wood Products
Mr. Chuck H. Watkins
Vice-President of Capital & Technology
Mr. Robert B. Winslow C.F.A.
Director of Investor Relations & Corporate Development
Ms. Shannon D. Webber LL.B
VP & General Counsel
Mr. Matt Tobin
Vice-President of Sales & Marketing
Mr. Alan Anthony Caputo
Vice President of Human Resources

Key Competitors

View All Competitors

WFG Stock Analysis - Frequently Asked Questions

Should I buy or sell West Fraser Timber stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for West Fraser Timber in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WFG shares.
View WFG analyst ratings or view top-rated stocks.
What is West Fraser Timber's stock price target for 2024?: 2 analysts have issued twelve-month price targets for West Fraser Timber's stock. Their WFG share price targets range from C$95.00 to C$132.00. On average, they predict the company's stock price to reach C$115.33 in the next year. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for WFG or view top-rated stocks among Wall Street analysts.
How have WFG shares performed in 2023?: West Fraser Timber's stock was trading at C$97.77 at the beginning of the year. Since then, WFG shares have increased by 4.6% and is now trading at C$102.25.
View the best growth stocks for 2023 here.
When is West Fraser Timber's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our WFG earnings forecast.

How were West Fraser Timber's earnings last quarter?: West Fraser Timber Co. Ltd. (TSE:WFG) posted its quarterly earnings results on Wednesday, October, 25th. The company reported $2.43 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $1.20. The firm had revenue of $2.29 billion for the quarter. West Fraser Timber had a negative trailing twelve-month return on equity of 1.40% and a negative net margin of 1.63%.
How often does West Fraser Timber pay dividends? What is the dividend yield for West Fraser Timber?: West Fraser Timber declared a quarterly dividend on Tuesday, September 12th. Stockholders of record on Wednesday, September 27th will be given a dividend of 0.405 per share on Friday, October 13th. This represents a $1.62 annualized dividend and a yield of 1.58%. The ex-dividend date is Tuesday, September 26th.
Read our dividend analysis for WFG.
Is West Fraser Timber a good dividend stock?: West Fraser Timber (TSE:WFG) pays an annual dividend of C$1.64 per share and currently has a dividend yield of 1.56%.
Read our dividend analysis for WFG.
How do I buy shares of West Fraser Timber?: Shares of WFG 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.

This page (TSE:WFG) was last updated on 12/10/2023 by MarketBeat.com Staff

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West Fraser Timber Stock Price, News & Analysis (TSE:WFG)

West Fraser Timber MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About West Fraser Timber Stock (TSE:WFG)

WFG Stock Price History

WFG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

WFG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™