Should I buy or sell West Fraser Timber stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for West Fraser Timber in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WFG shares. View WFG analyst ratings or view top-rated stocks .

What is West Fraser Timber's stock price target for 2024?

6 equities research analysts have issued twelve-month target prices for West Fraser Timber's shares. Their WFG share price targets range from $97.00 to $118.00. On average, they predict the company's share price to reach $106.25 in the next year. This suggests a possible upside of 36.1% from the stock's current price. View analysts price targets for WFG or view top-rated stocks among Wall Street analysts .

How have WFG shares performed in 2024?

West Fraser Timber's stock was trading at $85.58 at the beginning of the year. Since then, WFG shares have decreased by 8.8% and is now trading at $78.06. View the best growth stocks for 2024 here .

When is West Fraser Timber's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our WFG earnings forecast .

How were West Fraser Timber's earnings last quarter?

West Fraser Timber Co. Ltd. (NYSE:WFG) announced its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.23) earnings per share for the quarter, topping analysts' consensus estimates of ($0.28) by $0.05. The firm earned $1.51 billion during the quarter. West Fraser Timber had a negative net margin of 2.59% and a positive trailing twelve-month return on equity of 1.29%.

How often does West Fraser Timber pay dividends? What is the dividend yield for West Fraser Timber?

West Fraser Timber declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Friday, March 15th will be given a dividend of $0.30 per share on Thursday, April 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for WFG .

Is West Fraser Timber a good dividend stock?

West Fraser Timber (NYSE:WFG) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.77%. Read our dividend analysis for WFG .

What ETFs hold West Fraser Timber's stock?

ETFs with the largest weight of West Fraser Timber (NYSE:WFG) stock in their portfolio include iShares Global Timber & Forestry ETF (WOOD) , Horizon Kinetics Inflation Beneficiaries ETF (INFL) , JPMorgan Climate Change Solutions ETF (TEMP) , iShares MSCI Global Sustainable Development Goals ETF (SDG) , iShares International Developed Small Cap Value Factor ETF (ISVL) , Invesco MSCI Sustainable Future ETF (PZD) , SPDR S&P North American Natural Resources ETF (NANR) and SPDR S&P Global Natural Resources ETF (GNR) .

Who are West Fraser Timber's major shareholders?

West Fraser Timber's stock is owned by many different institutional and retail investors. Top institutional investors include Galibier Capital Management Ltd. (0.14%) and Addenda Capital Inc. (0.00%).

How do I buy shares of West Fraser Timber?

Shares of WFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:WFG

West Fraser Timber (WFG) Stock Price, News & Analysis

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Free WFG Stock Alerts

$78.24

+0.24 (+0.31%)

(As of 04:00 PM ET)

Compare

Today's Range: $77.46
▼
$78.98
50-Day Range: $76.05
▼
$87.71
52-Week Range: $64.11
▼
$90.17

Volume: 183,230 shs
Average Volume: 138,677 shs
Market Capitalization: $6.21 billion

P/E Ratio: N/A
Dividend Yield: 0.77%
Price Target: $106.25

Get West Fraser Timber alerts:

West Fraser Timber MarketRank™ Stock Analysis

Analyst Rating: Buy
3.17 Rating Score
Upside/Downside: 36.1% Upside
$106.25 Price Target
Short Interest: Bearish
1.17% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.98
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 97.56%
From $4.10 to $8.10 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Basic Materials Sector

67th out of 171 stocks

Sawmills & Planing Mills, General Industry

2nd out of 2 stocks

3.6

Analyst's Opinion

Consensus Rating
West Fraser Timber has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
West Fraser Timber has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.17% of the float of West Fraser Timber has been sold short.
Short Interest Ratio / Days to Cover
West Fraser Timber has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in West Fraser Timber has recently increased by 9.92%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
West Fraser Timber has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
West Fraser Timber does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, West Fraser Timber will have a dividend payout ratio of 7.41% next year. This indicates that West Fraser Timber will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WFG.

3.3

News and Social Media Coverage

News Sentiment
West Fraser Timber has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for West Fraser Timber this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for WFG on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
6 people have added West Fraser Timber to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, West Fraser Timber insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.77% of the stock of West Fraser Timber is held by insiders.
Percentage Held by Institutions
40.23% of the stock of West Fraser Timber is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for West Fraser Timber are expected to grow by 97.56% in the coming year, from $4.10 to $8.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of West Fraser Timber is -36.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of West Fraser Timber is -36.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
West Fraser Timber has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About West Fraser Timber Stock (NYSE:WFG)

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. The company also provides northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp used to produce various paper products, including printing and writing papers, paperboard products, tissue and towel products, and a variety of other paper grades. Further, it offers bioproducts, including bioenergy and biomaterial. Its products are used in home construction, repair and remodeling, papers, tissue, and box materials, and industrial applications. The company sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, the United Kingdom, Europe, and internationally. West Fraser Timber Co. Ltd. was founded in 1955 and is headquartered in Vancouver, Canada.

WFG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WFG Stock News Headlines

April 17, 2024 | americanbankingnews.com

West Fraser Timber (NYSE:WFG) Given New $118.00 Price Target at TD Securities

April 16, 2024 | americanbankingnews.com

West Fraser Timber (WFG) to Release Earnings on Tuesday

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 12, 2024 | americanbankingnews.com

West Fraser Timber Co. Ltd. (NYSE:WFG) Given Average Rating of "Buy" by Analysts

April 8, 2024 | americanbankingnews.com

FY2024 EPS Estimates for West Fraser Timber Co. Ltd. Lifted by Analyst (NYSE:WFG)

April 3, 2024 | prnewswire.com

NOTICE OF FIRST QUARTER RESULTS CONFERENCE CALL

April 3, 2024 | msn.com

TSX set to open lower as rate cut uncertainty looms, gold prices fall

April 2, 2024 | prnewswire.com

WEST FRASER AND MERCER ANNOUNCE DISSOLUTION OF CARIBOO PULP AND PAPER JOINT VENTURE

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 16, 2024 | ca.finance.yahoo.com

WFG Apr 2024 80.000 call

February 28, 2024 | finanznachrichten.de

West Fraser Timber Co. Ltd.: West Fraser Announces Renewal Of Normal Course Issuer Bid

February 27, 2024 | prnewswire.com

WEST FRASER ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID

February 16, 2024 | markets.businessinsider.com

Scotiabank Keeps Their Buy Rating on West Fraser Timber Co (WFG)

February 15, 2024 | seekingalpha.com

West Fraser Timber Co. Ltd. 2023 Q4 - Results - Earnings Call Presentation

February 14, 2024 | msn.com

West Fraser Timber EPS of -$1.87, revenue of $1.51B beats by $60M

February 14, 2024 | finance.yahoo.com

WEST FRASER ANNOUNCES FOURTH QUARTER 2023 RESULTS

February 14, 2024 | prnewswire.com

WEST FRASER ANNOUNCES FOURTH QUARTER 2023 RESULTS

February 5, 2024 | finanznachrichten.de

West Fraser Timber Co. Ltd.: West Fraser Announces Closure Of Hinton Pulp Sale

February 5, 2024 | msn.com

West Fraser Timber announces closure of Hinton Pulp sale

January 25, 2024 | finance.yahoo.com

Notice of Fourth Quarter Results Conference Call

January 23, 2024 | markets.businessinsider.com

West Fraser Timber To Close Sawmill In Fraser Lake, British Columbia

January 22, 2024 | msn.com

West Fraser Timber permanently closing Fraser Lake, B.C., sawmill

January 10, 2024 | finance.yahoo.com

West Fraser Is Shutting Two Southern Sawmills

January 10, 2024 | markets.businessinsider.com

West Fraser Timber Co (WFG) Gets a Buy from RBC Capital

January 1, 2024 | seekingalpha.com

West Fraser Timber: Low Valuation And Strong Balance Sheet Point To Rising Share-Price

December 14, 2023 | finance.yahoo.com

Are Investors Undervaluing West Fraser Timber Co. Ltd. (TSE:WFG) By 50%?

November 20, 2023 | finance.yahoo.com

After losing 5.5% in the past year, West Fraser Timber Co. Ltd. (TSE:WFG) institutional owners must be relieved by the recent gain

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Ex-Dividend for 4/4 Dividend: 3/14/2024
Dividend Payable: 4/04/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Sawmills & planing mills, general
Sub-Industry: N/A
Current Symbol: NYSE:WFG
CUSIP: N/A
CIK: 1402388
Web: www.westfraser.com
Phone: (604) 895-2700
Fax: N/A
Employees: 10,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $106.25
High Stock Price Target: $118.00
Low Stock Price Target: $97.00
Potential Upside/Downside: +36.1%
Consensus Rating: Buy
Rating Score (0-4): 3.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.15)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 19.04
P/E Growth: N/A
Net Income: $-167,000,000.00
Net Margins: -2.59%
Pretax Margin: -3.53%
Return on Equity: 1.29%
Return on Assets: 0.99%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 2.26
Quick Ratio: 1.45

Sales & Book Value

Annual Sales: $6.45 billion
Price / Sales: 0.96
Cash Flow: $8.05 per share
Price / Cash Flow: 9.70
Book Value: $90.93 per share
Price / Book: 0.86

Miscellaneous

Outstanding Shares: 79,430,000
Free Float: 78,022,000
Market Cap: $6.20 billion
Optionable: Not Optionable
Beta: 1.15

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Key Executives

Mr. Sean P. McLaren (Age 55)
CEO, President & Director
Comp: $472.39k
Mr. Christopher A. Virostek CA (Age 51)
CPA, HBBA, Senior VP of Finance & CFO
Comp: $424.6k
Ms. Robin A. Lampard (Age 57)
Senior Vice-President of Finance
Comp: $370.62k
Mr. Kevin John Burke
Executive Vice-President of North American Operations
Mr. Chuck H. Watkins
Vice-President of Capital & Technology
Mr. Robert B. Winslow C.F.A.
Director of Investor Relations & Corporate Development
Ms. Shannon D. Webber LL.B
VP & General Counsel
Mr. Matthew V. Tobin
Senior Vice-President of Sales & Marketing
Mr. Alan Anthony Caputo
Vice President of Human Resources
Mr. James W. Gorman
Senior Vice-President of Corporate Services & Government Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

WFG Stock Analysis - Frequently Asked Questions

Should I buy or sell West Fraser Timber stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for West Fraser Timber in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WFG shares.
View WFG analyst ratings or view top-rated stocks.
What is West Fraser Timber's stock price target for 2024?: 6 equities research analysts have issued twelve-month target prices for West Fraser Timber's shares. Their WFG share price targets range from $97.00 to $118.00. On average, they predict the company's share price to reach $106.25 in the next year. This suggests a possible upside of 36.1% from the stock's current price.
View analysts price targets for WFG or view top-rated stocks among Wall Street analysts.
How have WFG shares performed in 2024?: West Fraser Timber's stock was trading at $85.58 at the beginning of the year. Since then, WFG shares have decreased by 8.8% and is now trading at $78.06.
View the best growth stocks for 2024 here.
When is West Fraser Timber's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our WFG earnings forecast.
How were West Fraser Timber's earnings last quarter?: West Fraser Timber Co. Ltd. (NYSE:WFG) announced its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.23) earnings per share for the quarter, topping analysts' consensus estimates of ($0.28) by $0.05. The firm earned $1.51 billion during the quarter. West Fraser Timber had a negative net margin of 2.59% and a positive trailing twelve-month return on equity of 1.29%.
How often does West Fraser Timber pay dividends? What is the dividend yield for West Fraser Timber?: West Fraser Timber declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Friday, March 15th will be given a dividend of $0.30 per share on Thursday, April 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for WFG.

Is West Fraser Timber a good dividend stock?: West Fraser Timber (NYSE:WFG) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.77%.
Read our dividend analysis for WFG.
What ETFs hold West Fraser Timber's stock?: ETFs with the largest weight of West Fraser Timber (NYSE:WFG) stock in their portfolio include iShares Global Timber & Forestry ETF (WOOD), Horizon Kinetics Inflation Beneficiaries ETF (INFL), JPMorgan Climate Change Solutions ETF (TEMP), iShares MSCI Global Sustainable Development Goals ETF (SDG), iShares International Developed Small Cap Value Factor ETF (ISVL), Invesco MSCI Sustainable Future ETF (PZD), SPDR S&P North American Natural Resources ETF (NANR) and SPDR S&P Global Natural Resources ETF (GNR).
Who are West Fraser Timber's major shareholders?: West Fraser Timber's stock is owned by many different institutional and retail investors. Top institutional investors include Galibier Capital Management Ltd. (0.14%) and Addenda Capital Inc. (0.00%).
How do I buy shares of West Fraser Timber?: Shares of WFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WFG) was last updated on 4/18/2024 by MarketBeat.com Staff

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West Fraser Timber (WFG) Stock Price, News & Analysis

West Fraser Timber MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About West Fraser Timber Stock (NYSE:WFG)

WFG Stock Price History

WFG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

WFG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™