What is Scotiabank’s Estimate for WFG Q1 Earnings?

West Fraser Timber Co. Ltd. (NYSE:WFG) – Investment analysts at Scotiabank issued their Q1 2025 earnings estimates for West Fraser Timber in a research note issued on Tuesday, February 18th. Scotiabank analyst B. Isaacson anticipates that the company will post earnings per share of $0.53 for the quarter. Scotiabank has a “Sector Outperform” rating and a $100.00 price target on the stock. The consensus estimate for West Fraser Timber’s current full-year earnings is $5.14 per share.

Other equities research analysts also recently issued research reports about the company. TD Securities cut their price objective on West Fraser Timber from $120.00 to $110.00 and set a “buy” rating for the company in a report on Friday, February 14th. Raymond James dropped their price target on shares of West Fraser Timber from $115.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $106.00.

West Fraser Timber Stock Performance

Shares of NYSE WFG opened at $80.34 on Thursday. The stock has a market capitalization of $6.24 billion, a PE ratio of -382.58 and a beta of 1.22. West Fraser Timber has a 52 week low of $73.91 and a 52 week high of $102.40. The stock has a 50 day moving average price of $86.37 and a 200 day moving average price of $90.44.

West Fraser Timber (NYSE:WFG) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($0.55) by $0.63. West Fraser Timber had a positive return on equity of 0.88% and a negative net margin of 0.08%.

West Fraser Timber Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Friday, March 14th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Friday, March 14th. West Fraser Timber’s payout ratio is presently -609.52%.

Institutional Investors Weigh In On West Fraser Timber

Several hedge funds have recently added to or reduced their stakes in WFG. Smead Capital Management Inc. increased its holdings in shares of West Fraser Timber by 5.1% in the third quarter. Smead Capital Management Inc. now owns 118,108 shares of the company’s stock valued at $11,507,000 after purchasing an additional 5,743 shares during the last quarter. Vontobel Holding Ltd. grew its stake in West Fraser Timber by 6.3% in the 4th quarter. Vontobel Holding Ltd. now owns 607,438 shares of the company’s stock valued at $52,565,000 after buying an additional 35,855 shares during the last quarter. Janus Henderson Group PLC raised its holdings in West Fraser Timber by 383.7% in the 3rd quarter. Janus Henderson Group PLC now owns 74,814 shares of the company’s stock valued at $7,296,000 after acquiring an additional 59,347 shares during the period. Cerity Partners LLC lifted its position in West Fraser Timber by 128.0% during the third quarter. Cerity Partners LLC now owns 247,400 shares of the company’s stock worth $24,087,000 after acquiring an additional 138,871 shares during the last quarter. Finally, Manning & Napier Advisors LLC boosted its holdings in shares of West Fraser Timber by 14.7% during the fourth quarter. Manning & Napier Advisors LLC now owns 853,038 shares of the company’s stock worth $73,830,000 after acquiring an additional 109,447 shares during the period. Institutional investors and hedge funds own 40.23% of the company’s stock.

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.