West Fraser Timber Co. Ltd. (NYSE:WFG – Free Report) – Raymond James issued their FY2026 earnings estimates for West Fraser Timber in a report issued on Monday, October 21st. Raymond James analyst D. Swetlishoff forecasts that the company will post earnings of $11.94 per share for the year. The consensus estimate for West Fraser Timber’s current full-year earnings is $2.03 per share.
West Fraser Timber (NYSE:WFG – Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The company reported $1.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.09). The business had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.59 billion. West Fraser Timber had a net margin of 2.23% and a return on equity of 3.83%. West Fraser Timber’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.03) EPS.
Get Our Latest Stock Analysis on WFG
West Fraser Timber Price Performance
West Fraser Timber stock opened at $94.54 on Wednesday. The company has a market cap of $7.46 billion, a price-to-earnings ratio of -78.13 and a beta of 1.16. The firm’s fifty day moving average is $92.52 and its 200 day moving average is $84.25. The company has a quick ratio of 1.49, a current ratio of 2.33 and a debt-to-equity ratio of 0.03. West Fraser Timber has a 52-week low of $64.11 and a 52-week high of $102.40.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Park Place Capital Corp purchased a new stake in West Fraser Timber in the second quarter worth about $31,000. Signaturefd LLC lifted its stake in West Fraser Timber by 60.0% in the second quarter. Signaturefd LLC now owns 496 shares of the company’s stock worth $38,000 after acquiring an additional 186 shares during the period. Ensign Peak Advisors Inc purchased a new stake in West Fraser Timber in the second quarter worth about $44,000. UniSuper Management Pty Ltd lifted its stake in West Fraser Timber by 100.0% in the first quarter. UniSuper Management Pty Ltd now owns 800 shares of the company’s stock worth $69,000 after acquiring an additional 400 shares during the period. Finally, Dixon Mitchell Investment Counsel Inc. purchased a new stake in West Fraser Timber in the first quarter worth about $103,000. 40.23% of the stock is currently owned by institutional investors.
West Fraser Timber Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 26th were issued a $0.237 dividend. This represents a $0.95 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend was Thursday, September 26th. West Fraser Timber’s payout ratio is presently -77.69%.
West Fraser Timber Company Profile
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.
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