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 twelve months. 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 Wall Street analysts have issued 1 year price targets for West Fraser Timber's shares. Their WFG share price targets range from C$90.00 to C$140.00. On average, they expect the company's share price to reach C$115.00 in the next twelve months. This suggests a possible upside of 6.7% 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 2024?

West Fraser Timber's stock was trading at C$113.36 on January 1st, 2024. Since then, WFG stock has decreased by 4.9% and is now trading at C$107.77. View the best growth stocks for 2024 here .

When is West Fraser Timber's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our WFG earnings forecast .

How were West Fraser Timber's earnings last quarter?

West Fraser Timber Co. Ltd. (TSE:WFG) issued its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.31) EPS for the quarter, beating analysts' consensus estimates of ($0.38) by $0.07. The firm had revenue of $2.06 billion for the quarter. West Fraser Timber had a negative trailing twelve-month return on equity of 2.25% and a negative net margin of 2.59%.

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

West Fraser Timber announced a quarterly dividend on Wednesday, February 14th. Stockholders of record on Friday, March 15th will be given a dividend of 0.403 per share on Thursday, April 4th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, March 14th. 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$1.62 per share and currently has a dividend yield of 1.47%. 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 .

TSE:WFG

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

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Free WFG Stock Alerts

C$107.77

+0.33 (+0.31%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$106.68
▼
C$108.62
50-Day Range: C$102.56
▼
C$119.12
52-Week Range: C$88.61
▼
C$121.64

Volume: 255,260 shs
Average Volume: 184,717 shs
Market Capitalization: C$8.55 billion

P/E Ratio: N/A
Dividend Yield: 1.50%
Price Target: C$115.00

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Get West Fraser Timber alerts:

West Fraser Timber MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 6.7% Upside
C$115.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.46
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.39 out of 5 stars

1.5

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.
Amount of Analyst Coverage
West Fraser Timber has only been the subject of 1 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 1.47%, 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.

2.5

News and Social Media Coverage

News Sentiment
West Fraser Timber has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for West Fraser Timber this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for WFG on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
1 people have added West Fraser Timber to their MarketBeat watchlist in the last 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
33.10% 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
46.59% 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 -39.48, 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 -39.48, 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 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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, douglas fir-larch, hem-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. Further, it offers bioproducts, including bioenergy and biomaterial. 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, 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

April 16, 2024 | americanbankingnews.com

West Fraser Timber (WFG) Set to Announce Quarterly Earnings on Tuesday

April 13, 2024 | americanbankingnews.com

West Fraser Timber (TSE:WFG) PT Raised to C$140.00

April 19, 2024 | Altimetry (Ad)

I’m officially sounding the alarm.

April 2, 2024 | msn.com

West Fraser and Mercer International dissolve joint venture in Cariboo Pulp and Paper

March 28, 2024 | theglobeandmail.com

How this $36-billion money manager is finding dividend-paying winners amid higher interest rates

February 15, 2024 | msn.com

West Fraser Timber encouraged by outlook despite ongoing challenges: CEO

February 14, 2024 | msn.com

West Fraser Timber loses US$153 million in fourth quarter, sales soften

February 14, 2024 | theglobeandmail.com

West Fraser Timber loses US$153 million as sales soften

April 19, 2024 | Altimetry (Ad)

I’m officially sounding the alarm.

February 13, 2024 | benzinga.com

Earnings Preview For West Fraser Timber

February 7, 2024 | wsj.com

West Fraser Timber Co. Ltd.

February 3, 2024 | benzinga.com

West Fraser Timber Stock (NYSE:WFG) Dividends: History, Yield and Dates

January 23, 2024 | theglobeandmail.com

West Fraser Timber permanently closing sawmill in Fraser Lake, B.C.

January 22, 2024 | ca.finance.yahoo.com

WEST FRASER ANNOUNCES CLOSURE OF FRASER LAKE SAWMILL

January 11, 2024 | msn.com

West Fraser Timber shuts sawmill in Maxville, indefinitely curtail ops at Huttig

January 11, 2024 | msn.com

West Fraser (WFG) to Close Sawmill Due to High Fiber Costs

January 10, 2024 | theglobeandmail.com

West Fraser Timber to close one sawmill, curtail another due to high costs and soft markets

January 9, 2024 | msn.com

West Fraser to close one sawmill, curtail another due to high costs and soft markets

January 9, 2024 | finance.yahoo.com

WEST FRASER ANNOUNCES CLOSURE OF MAXVILLE SAWMILL AND INDEFINITE CURTAILMENT OF HUTTIG SAWMILL

December 28, 2023 | nasdaq.com

Ex-Dividend Reminder: Autohome, West Fraser Timber and Ralph Lauren

December 12, 2023 | finance.yahoo.com

WEST FRASER DECLARES DIVIDEND AND ANNOUNCES APPOINTMENT TO BOARD OF DIRECTORS

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

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

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Ex-Dividend for 4/4 Dividend: 3/14/2024
Dividend Payable: 4/04/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Lumber & Wood Production
Sub-Industry: N/A
Current Symbol: TSE:WFG
CUSIP: N/A
CIK: N/A
Web: waterfrontcapitalcorp.com
Phone: +1-604-9222030
Fax: N/A
Employees: 10,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$115.00
High Stock Price Target: C$140.00
Low Stock Price Target: C$90.00
Potential Upside/Downside: +6.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($2.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 27.23
P/E Growth: N/A
Net Income: C$-167,000,000.00
Net Margins: -2.59%
Pretax Margin: N/A
Return on Equity: -2.25%
Return on Assets: -0.03%

Debt

Debt-to-Equity Ratio: 7.45
Current Ratio: 2.26
Quick Ratio: 2.10

Sales & Book Value

Annual Sales: C$6.45 billion
Price / Sales: 1.33
Cash Flow: C$16.34 per share
Price / Cash Flow: 6.60
Book Value: C$88.39 per share
Price / Book: 1.22

Miscellaneous

Outstanding Shares: 79,330,000
Free Float: N/A
Market Cap: C$8.55 billion
Optionable: Not Optionable
Beta: 2.08

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Key Executives

Mr. Sean P. McLaren (Age 55)
CEO, President & Director
Comp: $641.11k
Mr. Christopher A. Virostek CA (Age 51)
CPA, HBBA, Senior VP of Finance & CFO
Comp: $576.25k
Ms. Robin A. Lampard (Age 57)
Senior Vice-President of Finance
Comp: $503k
Mr. Kevin John Burke
Executive Vice-President of North American Operations
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. Matthew V. Tobin
Senior Vice-President of Sales & Marketing
Mr. Alan Anthony Caputo
Vice President of Human Resources
Mr. James W. Gorman
Senior Vice-President of Corporate Services & Government Relations

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 twelve months. 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 Wall Street analysts have issued 1 year price targets for West Fraser Timber's shares. Their WFG share price targets range from C$90.00 to C$140.00. On average, they expect the company's share price to reach C$115.00 in the next twelve months. This suggests a possible upside of 6.7% 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 2024?: West Fraser Timber's stock was trading at C$113.36 on January 1st, 2024. Since then, WFG stock has decreased by 4.9% and is now trading at C$107.77.
View the best growth stocks for 2024 here.
When is West Fraser Timber's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our WFG earnings forecast.

How were West Fraser Timber's earnings last quarter?: West Fraser Timber Co. Ltd. (TSE:WFG) issued its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.31) EPS for the quarter, beating analysts' consensus estimates of ($0.38) by $0.07. The firm had revenue of $2.06 billion for the quarter. West Fraser Timber had a negative trailing twelve-month return on equity of 2.25% and a negative net margin of 2.59%.
How often does West Fraser Timber pay dividends? What is the dividend yield for West Fraser Timber?: West Fraser Timber announced a quarterly dividend on Wednesday, February 14th. Stockholders of record on Friday, March 15th will be given a dividend of 0.403 per share on Thursday, April 4th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, March 14th.
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$1.62 per share and currently has a dividend yield of 1.47%.
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 4/19/2024 by MarketBeat.com Staff

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

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

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

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^™