Equities Analysts Issue Forecasts for TSE:WFG Q4 Earnings

West Fraser Timber Co. Ltd. (TSE:WFG) – Analysts at Scotiabank issued their Q4 2024 earnings estimates for shares of West Fraser Timber in a report issued on Tuesday, January 21st. Scotiabank analyst B. Isaacson expects that the company will earn $0.09 per share for the quarter. The consensus estimate for West Fraser Timber’s current full-year earnings is $8.12 per share.

Other research analysts have also issued research reports about the company. Raymond James lowered West Fraser Timber from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday. CIBC lifted their target price on shares of West Fraser Timber from C$164.00 to C$171.00 in a report on Wednesday, January 15th.

West Fraser Timber Stock Up 1.7 %

WFG opened at C$132.12 on Wednesday. West Fraser Timber has a one year low of C$100.84 and a one year high of C$141.27. The company has a debt-to-equity ratio of 7.39, a quick ratio of 2.10 and a current ratio of 2.33. The stock has a market capitalization of C$10.32 billion, a P/E ratio of 57.95 and a beta of 2.03. The business’s 50-day simple moving average is C$128.57 and its 200-day simple moving average is C$123.94.

West Fraser Timber (TSE:WFG) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported C($1.41) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.62) by C($0.79). The company had revenue of C$1.96 billion during the quarter, compared to analysts’ expectations of C$2.01 billion. West Fraser Timber had a net margin of 2.21% and a return on equity of 1.98%.

West Fraser Timber Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, January 14th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date was Friday, December 27th. West Fraser Timber’s dividend payout ratio is currently 75.88%.

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.