Q4 Earnings Estimate for TSE:WFG Issued By Scotiabank

West Fraser Timber Co. Ltd. (TSE:WFG) – Analysts at Scotiabank issued their Q4 2024 EPS estimates for West Fraser Timber in a research note issued on Tuesday, January 21st. Scotiabank analyst B. Isaacson expects that the company will post earnings per share of $0.09 for the quarter. The consensus estimate for West Fraser Timber’s current full-year earnings is $8.12 per share.

West Fraser Timber (TSE:WFG) last released its quarterly earnings data on Wednesday, October 23rd. The company reported C($1.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.62) by C($0.79). West Fraser Timber had a return on equity of 1.98% and a net margin of 2.21%. The company had revenue of C$1.96 billion for the quarter, compared to the consensus estimate of C$2.01 billion.

Several other equities research analysts also recently commented on WFG. Raymond James downgraded West Fraser Timber from a “strong-buy” rating to a “moderate buy” rating in a report on Monday. CIBC boosted their price target on shares of West Fraser Timber from C$164.00 to C$171.00 in a research note on Wednesday, January 15th.

West Fraser Timber Stock Down 1.2 %

WFG stock opened at C$130.53 on Wednesday. The stock’s 50 day simple moving average is C$128.67 and its 200 day simple moving average is C$124.04. The company has a market cap of C$10.19 billion, a P/E ratio of 57.25 and a beta of 2.03. The company has a debt-to-equity ratio of 7.39, a quick ratio of 2.10 and a current ratio of 2.33. West Fraser Timber has a fifty-two week low of C$100.84 and a fifty-two week high of C$141.27.

West Fraser Timber Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, January 14th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $1.28 dividend on an annualized basis and a yield of 0.98%. West Fraser Timber’s dividend payout ratio (DPR) is currently 75.88%.

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.