Q4 Earnings Forecast for TSE:WFG Issued By Scotiabank

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

WFG has been the subject of a number of other research reports. CIBC increased their target price on shares of West Fraser Timber from C$164.00 to C$171.00 in a research report on Wednesday, January 15th. Raymond James downgraded shares of West Fraser Timber from a “strong-buy” rating to a “moderate buy” rating in a report on Monday.

West Fraser Timber Price Performance

West Fraser Timber stock opened at C$130.53 on Wednesday. The business’s 50 day simple moving average is C$128.67 and its 200 day simple moving average is C$124.04. West Fraser Timber has a 12 month low of C$100.84 and a 12 month high of C$141.27. The company has a market cap of C$10.19 billion, a price-to-earnings ratio of 57.25 and a beta of 2.03. The company has a current ratio of 2.33, a quick ratio of 2.10 and a debt-to-equity ratio of 7.39.

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

West Fraser Timber Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, January 14th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.98%. The ex-dividend date was Friday, December 27th. West Fraser Timber’s dividend payout ratio is 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.