Scotiabank Lowers Earnings Estimates for West Fraser Timber

West Fraser Timber Co. Ltd. (NYSE:WFGFree Report) – Stock analysts at Scotiabank lowered their Q2 2025 earnings per share estimates for shares of West Fraser Timber in a research note issued to investors on Monday, July 21st. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of $0.95 per share for the quarter, down from their prior forecast of $1.07. The consensus estimate for West Fraser Timber’s current full-year earnings is $4.45 per share.

West Fraser Timber (NYSE:WFGGet Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.15). The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.53 billion. West Fraser Timber had a net margin of 0.03% and a return on equity of 0.99%.

Several other equities research analysts have also commented on WFG. Royal Bank Of Canada reduced their price objective on West Fraser Timber from $117.00 to $99.00 and set an “outperform” rating for the company in a research note on Tuesday, April 22nd. Raymond James Financial reiterated a “market perform” rating on shares of West Fraser Timber in a research note on Monday. Wall Street Zen lowered West Fraser Timber from a “hold” rating to a “sell” rating in a research note on Friday, July 18th. Finally, TD Securities cut their price target on West Fraser Timber from $99.00 to $98.00 and set a “buy” rating for the company in a research note on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, West Fraser Timber has an average rating of “Moderate Buy” and a consensus price target of $100.40.

Check Out Our Latest Report on West Fraser Timber

West Fraser Timber Trading Up 3.3%

WFG stock opened at $74.97 on Tuesday. The stock has a market capitalization of $5.75 billion, a PE ratio of -441.00 and a beta of 1.15. West Fraser Timber has a 12-month low of $69.48 and a 12-month high of $102.40. The stock’s 50 day simple moving average is $74.73 and its 200 day simple moving average is $77.88.

West Fraser Timber Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 14th. Shareholders of record on Thursday, June 26th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.71%. The ex-dividend date was Thursday, June 26th. West Fraser Timber’s dividend payout ratio is currently -752.94%.

Institutional Trading of West Fraser Timber

Hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in West Fraser Timber in the 4th quarter valued at about $487,000. Principal Financial Group Inc. raised its holdings in West Fraser Timber by 33.3% in the 1st quarter. Principal Financial Group Inc. now owns 16,263 shares of the company’s stock valued at $1,249,000 after acquiring an additional 4,061 shares during the last quarter. Intact Investment Management Inc. raised its holdings in West Fraser Timber by 18.3% in the 1st quarter. Intact Investment Management Inc. now owns 23,900 shares of the company’s stock valued at $1,836,000 after acquiring an additional 3,700 shares during the last quarter. Vanguard Group Inc. raised its holdings in West Fraser Timber by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 2,846,663 shares of the company’s stock valued at $246,652,000 after acquiring an additional 12,874 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in West Fraser Timber by 6.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,806 shares of the company’s stock valued at $216,000 after acquiring an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 40.23% of the company’s stock.

West Fraser Timber Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for West Fraser Timber (NYSE:WFG)

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