West Fraser Timber Co. Ltd. (NYSE:WFG – Free Report) – 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 – Get Free Report) 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.
Read Our Latest Stock Analysis on WFG
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.
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