West Fraser Timber Co. Ltd. Expected to Earn FY2025 Earnings of $9.20 Per Share (NYSE:WFG)

West Fraser Timber Co. Ltd. (NYSE:WFG) – Equities research analysts at Raymond James raised their FY2025 earnings estimates for shares of West Fraser Timber in a research report issued on Friday, April 19th. Raymond James analyst D. Swetlishoff now forecasts that the company will earn $9.20 per share for the year, up from their prior forecast of $9.15. Raymond James currently has a “Strong-Buy” rating and a $105.00 price objective 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 posted its quarterly earnings data on Wednesday, February 14th. The company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.05. West Fraser Timber had a positive return on equity of 1.29% and a negative net margin of 2.59%. The company had revenue of $1.51 billion for the quarter.

A number of other equities analysts have also recently issued reports on WFG. Royal Bank of Canada reiterated an “outperform” rating and issued a $97.00 target price on shares of West Fraser Timber in a report on Thursday, March 28th. TD Securities boosted their price target 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. Finally, Scotiabank set a $100.00 target price on West Fraser Timber and gave the company an “outperform” rating in a research note on Monday, January 22nd. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $106.25.

West Fraser Timber Trading Up 0.2 %

NYSE:WFG opened at $78.60 on Monday. The company has a current ratio of 2.26, a quick ratio of 1.45 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $6.24 billion, a price-to-earnings ratio of -36.56 and a beta of 1.15. The firm has a fifty day simple moving average of $81.46 and a two-hundred day simple moving average of $78.70. West Fraser Timber has a 12 month low of $64.11 and a 12 month high of $90.17.

West Fraser Timber Dividend Announcement

The company also recently announced 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 annualized dividend and a dividend yield of 1.53%. West Fraser Timber’s dividend payout ratio is presently -27.91%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bfsg LLC purchased a new stake in West Fraser Timber during the 4th quarter valued at approximately $42,000. Accordant Advisory Group Inc purchased a new stake in shares of West Fraser Timber during the 1st quarter valued at about $43,000. ICA Group Wealth Management LLC purchased a new stake in shares of West Fraser Timber during the 4th quarter valued at about $43,000. Tower Research Capital LLC TRC purchased a new stake in shares of West Fraser Timber during the 4th quarter valued at about $78,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new position in West Fraser Timber during the 1st quarter valued at about $103,000. 40.23% of the stock is owned by hedge funds and other 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.