Raymond James Expects Weaker Earnings for West Fraser Timber

West Fraser Timber Co. Ltd. (NYSE:WFG) – Investment analysts at Raymond James dropped their FY2025 earnings per share (EPS) estimates for shares of West Fraser Timber in a research report issued to clients and investors on Monday, February 3rd. Raymond James analyst D. Swetlishoff now expects that the company will earn $4.82 per share for the year, down from their prior estimate of $5.08. The consensus estimate for West Fraser Timber’s current full-year earnings is $1.59 per share.

A number of other analysts have also recently commented on the stock. BMO Capital Markets boosted their target price on shares of West Fraser Timber from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Scotiabank lowered their price target on shares of West Fraser Timber from $120.00 to $109.00 and set a “sector outperform” rating for the company in a research report on Monday. Four research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $111.40.

West Fraser Timber Stock Up 0.1 %

NYSE WFG opened at $84.57 on Wednesday. The stock’s 50 day moving average is $89.09 and its 200 day moving average is $90.66. The firm has a market capitalization of $6.57 billion, a PE ratio of -66.07 and a beta of 1.22. West Fraser Timber has a twelve month low of $73.91 and a twelve month high of $102.40.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Kestra Investment Management LLC bought a new stake in shares of West Fraser Timber during the fourth quarter valued at approximately $39,000. Signaturefd LLC boosted its stake in West Fraser Timber by 77.4% during the 3rd quarter. Signaturefd LLC now owns 880 shares of the company’s stock valued at $86,000 after purchasing an additional 384 shares during the last quarter. US Bancorp DE increased its holdings in shares of West Fraser Timber by 82.9% in the 3rd quarter. US Bancorp DE now owns 1,284 shares of the company’s stock worth $125,000 after purchasing an additional 582 shares in the last quarter. D.B. Root & Company LLC bought a new stake in shares of West Fraser Timber in the 3rd quarter worth $223,000. Finally, Atria Wealth Solutions Inc. raised its stake in shares of West Fraser Timber by 4.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 2,879 shares of the company’s stock worth $250,000 after purchasing an additional 120 shares during the last quarter. 40.23% of the stock is owned by hedge funds and other institutional investors.

West Fraser Timber Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Friday, December 27th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, December 27th. This is an increase from West Fraser Timber’s previous quarterly dividend of $0.24. This represents a $1.28 annualized dividend and a dividend yield of 1.51%. West Fraser Timber’s dividend payout ratio (DPR) is presently -100.00%.

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.