Research Analysts Issue Forecasts for WFG FY2025 Earnings

West Fraser Timber Co. Ltd. (NYSE:WFG) – Analysts at Scotiabank decreased their FY2025 earnings estimates for West Fraser Timber in a research note issued to investors on Tuesday, February 18th. Scotiabank analyst B. Isaacson now forecasts that the company will earn $4.07 per share for the year, down from their previous estimate of $5.47. Scotiabank has a “Sector Outperform” rating and a $100.00 price objective on the stock. The consensus estimate for West Fraser Timber’s current full-year earnings is $4.45 per share. Scotiabank also issued estimates for West Fraser Timber’s FY2026 earnings at $6.66 EPS.

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

West Fraser Timber Stock Performance

Shares of NYSE:WFG opened at $78.91 on Friday. The company has a 50 day moving average price of $86.16 and a two-hundred day moving average price of $90.44. West Fraser Timber has a 52 week low of $73.91 and a 52 week high of $102.40. The company has a market capitalization of $6.13 billion, a PE ratio of -375.77 and a beta of 1.22.

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

West Fraser Timber Dividend Announcement

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 given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date is Friday, March 14th. West Fraser Timber’s dividend payout ratio (DPR) is currently -609.52%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. FIL Ltd grew its position in West Fraser Timber by 35.5% in the fourth quarter. FIL Ltd now owns 5,041,873 shares of the company’s stock valued at $436,861,000 after purchasing an additional 1,319,843 shares in the last quarter. Royal Bank of Canada grew its position in West Fraser Timber by 0.3% in the fourth quarter. Royal Bank of Canada now owns 2,980,619 shares of the company’s stock valued at $257,974,000 after purchasing an additional 8,760 shares in the last quarter. Vanguard Group Inc. grew its position in West Fraser Timber by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 2,846,663 shares of the company’s stock valued at $246,652,000 after purchasing an additional 12,874 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in West Fraser Timber by 56.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,162,049 shares of the company’s stock valued at $187,126,000 after purchasing an additional 780,313 shares in the last quarter. Finally, FMR LLC grew its position in West Fraser Timber by 22.5% in the third quarter. FMR LLC now owns 1,447,823 shares of the company’s stock valued at $141,047,000 after purchasing an additional 266,298 shares in the last quarter. Institutional investors own 40.23% of the company’s stock.

About West Fraser Timber

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.