West Fraser Timber Co. Ltd. (NYSE:WFG – Free Report) – Scotiabank decreased their FY2025 earnings per share estimates for West Fraser Timber in a report released on Tuesday, February 18th. Scotiabank analyst B. Isaacson now expects that the company will post earnings of $4.07 per share for the year, down from their previous estimate of $5.47. Scotiabank currently has a “Sector Outperform” rating and a $100.00 price target on the stock. The consensus estimate for West Fraser Timber’s current full-year earnings is $5.14 per share. Scotiabank also issued estimates for West Fraser Timber’s FY2026 earnings at $6.66 EPS.
Several other equities analysts have also issued reports on WFG. TD Securities decreased their target price on West Fraser Timber from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. Raymond James reduced their price target on West Fraser Timber from $115.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $106.00.
West Fraser Timber Trading Down 1.6 %
NYSE WFG opened at $78.91 on Friday. The stock has a fifty day simple moving average of $86.16 and a 200-day simple moving average of $90.41. West Fraser Timber has a twelve month low of $73.91 and a twelve month high of $102.40. The stock has a market cap of $6.13 billion, a PE ratio of -375.77 and a beta of 1.22.
West Fraser Timber (NYSE:WFG – Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.55) by $0.63. West Fraser Timber had a positive return on equity of 0.88% and a negative net margin of 0.08%.
West Fraser Timber Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Friday, March 14th will be paid a $0.32 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.62%. West Fraser Timber’s dividend payout ratio (DPR) is currently -609.52%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Smead Capital Management Inc. raised its holdings in West Fraser Timber by 5.1% during the third quarter. Smead Capital Management Inc. now owns 118,108 shares of the company’s stock worth $11,507,000 after purchasing an additional 5,743 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in shares of West Fraser Timber by 6.3% in the fourth quarter. Vontobel Holding Ltd. now owns 607,438 shares of the company’s stock worth $52,565,000 after acquiring an additional 35,855 shares during the last quarter. Alberta Investment Management Corp raised its holdings in shares of West Fraser Timber by 58.7% in the fourth quarter. Alberta Investment Management Corp now owns 293,903 shares of the company’s stock worth $25,452,000 after acquiring an additional 108,670 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of West Fraser Timber by 383.7% in the third quarter. Janus Henderson Group PLC now owns 74,814 shares of the company’s stock worth $7,296,000 after acquiring an additional 59,347 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of West Fraser Timber by 128.0% in the third quarter. Cerity Partners LLC now owns 247,400 shares of the company’s stock worth $24,087,000 after acquiring an additional 138,871 shares during the last quarter. 40.23% of the stock is currently owned by hedge funds and other institutional investors.
About West Fraser Timber
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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