Raymond James Cuts Earnings Estimates for West Fraser Timber

West Fraser Timber Co. Ltd. (TSE:WFG) – Equities researchers at Raymond James dropped their FY2025 earnings estimates for West Fraser Timber in a note issued to investors on Monday, February 3rd. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings of $6.99 per share for the year, down from their previous forecast of $7.32. Raymond James currently has a “Moderate Buy” rating on the stock. The consensus estimate for West Fraser Timber’s current full-year earnings is $8.12 per share.

Separately, CIBC increased their target price on West Fraser Timber from C$164.00 to C$171.00 in a research note on Wednesday, January 15th.

West Fraser Timber Stock Performance

TSE WFG opened at C$122.76 on Thursday. West Fraser Timber has a 1 year low of C$100.84 and a 1 year high of C$141.27. The company’s 50 day simple moving average is C$127.54 and its two-hundred day simple moving average is C$125.62. The company has a debt-to-equity ratio of 7.39, a current ratio of 2.33 and a quick ratio of 2.10. The stock has a market capitalization of C$9.59 billion, a PE ratio of 53.84 and a beta of 2.03.

West Fraser Timber Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, January 14th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.04%. The ex-dividend date was Friday, December 27th. West Fraser Timber’s dividend payout ratio (DPR) is presently 75.88%.

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.