TSE:WFT - West Fraser Timber Stock Price, Forecast & News

West Fraser Timber's stock was trading at C$36.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WFT stock has decreased by 26.6% and is now trading at C$26.71. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for West Fraser Timber in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for West Fraser Timber.

West Fraser Timber is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for West Fraser Timber.

West Fraser Timber Co. Ltd. (TSE:WFT) issued its quarterly earnings results on Tuesday, February, 11th. The company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.31. The company had revenue of $1.13 billion for the quarter. View West Fraser Timber's earnings history.

West Fraser Timber announced a quarterly dividend on Tuesday, December 24th. Investors of record on Friday, January 10th will be paid a dividend of 0.20 per share on Friday, January 10th. This represents a $0.80 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date is Tuesday, December 24th. View West Fraser Timber's dividend history.

4 analysts have issued 1 year target prices for West Fraser Timber's shares. Their forecasts range from C$50.00 to C$80.00. On average, they expect West Fraser Timber's share price to reach C$67.83 in the next year. This suggests a possible upside of 154.0% from the stock's current price. View analysts' price targets for West Fraser Timber.

News coverage about WFT stock has trended very negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. West Fraser Timber earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutWest Fraser Timber.

Some companies that are related to West Fraser Timber include Kinross Gold (K), Evolution Mining (EVN), B2Gold (BTO), Saracen Mineral (SAR), Detour Gold (DGC), Yamana Gold (YRI), B2Gold (BTG), Alamos Gold (AGI), SSR Mining (SSRM), Centerra Gold (CG), NovaGold Resources (NG), Novagold Resources (NG), Centamin (CEE), Endeavour Mining (EDV) and Regis Resources (RRL).

Based on aggregate information from My MarketBeat watchlists, some companies that other West Fraser Timber investors own include Edap Tms (EDAP), Canfor (CFP), Energous (WATT), Dollarama (DOL), Interfor (IFP), Aphria (APHA), Magna International (MG), Air Canada (AC), Canfor Pulp Products (CFX) and Norbord (OSB).

West Fraser Timber trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WFT."

Shares of WFT 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.

One share of WFT stock can currently be purchased for approximately C$26.71.

West Fraser Timber has a market capitalization of C$1.83 billion and generates C$4.88 billion in revenue each year.  View additional information about West Fraser Timber.

The official website for West Fraser Timber is http://www.westfraser.com/.

West Fraser Timber's mailing address is 858 Beatty St Suite 501, VANCOUVER, BC V6B 1C1, Canada. The company can be reached via phone at +1-604-8952700.