FY2025 EPS Estimates for West Fraser Timber Co. Ltd. (NYSE:WFG) Raised by Analyst

West Fraser Timber Co. Ltd. (NYSE:WFG) – Analysts at Raymond James upped their FY2025 EPS estimates for shares of West Fraser Timber in a research note issued to investors on Friday, April 19th. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings per share of $9.20 for the year, up from their prior forecast of $9.15. Raymond James has a “Strong-Buy” rating and a $105.00 price target on the stock. The consensus estimate for West Fraser Timber’s current full-year earnings is $4.10 per share.

West Fraser Timber (NYSE:WFG) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.05. West Fraser Timber had a negative net margin of 2.59% and a positive return on equity of 1.29%. The company had revenue of $1.51 billion during the quarter.

WFG has been the subject of several other reports. TD Securities lifted their target price on shares of West Fraser Timber from $115.00 to $118.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. Scotiabank set a $100.00 target price on shares of West Fraser Timber and gave the stock an “outperform” rating in a report on Monday, January 22nd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $97.00 target price on shares of West Fraser Timber in a report on Thursday, March 28th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, West Fraser Timber has an average rating of “Buy” and a consensus target price of $106.25.

West Fraser Timber Trading Down 1.1 %

Shares of NYSE WFG opened at $77.37 on Monday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.26 and a quick ratio of 1.45. The stock has a market cap of $6.15 billion, a P/E ratio of -35.99 and a beta of 1.15. West Fraser Timber has a 1 year low of $64.11 and a 1 year high of $90.17. The firm has a 50-day moving average of $81.43 and a 200 day moving average of $78.55.

West Fraser Timber Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Friday, March 15th were paid a $0.30 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.55%. West Fraser Timber’s dividend payout ratio is presently -27.91%.

Institutional Trading of West Fraser Timber

A number of large investors have recently made changes to their positions in WFG. Norges Bank bought a new stake in shares of West Fraser Timber in the fourth quarter worth approximately $116,809,000. Bridgewater Advisors Inc. bought a new stake in West Fraser Timber during the third quarter valued at approximately $79,179,000. FIL Ltd grew its position in West Fraser Timber by 7,654.6% during the fourth quarter. FIL Ltd now owns 594,697 shares of the company’s stock valued at $50,877,000 after buying an additional 587,028 shares during the period. Royal Bank of Canada grew its position in West Fraser Timber by 21.5% during the fourth quarter. Royal Bank of Canada now owns 2,818,869 shares of the company’s stock valued at $241,239,000 after buying an additional 499,381 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in West Fraser Timber by 124.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 696,637 shares of the company’s stock valued at $49,630,000 after buying an additional 386,371 shares during the period. 40.23% of the stock is currently owned by institutional investors.

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.