Q3 Earnings Forecast for WFG Issued By Scotiabank

West Fraser Timber Co. Ltd. (NYSE:WFG) – Analysts at Scotiabank issued their Q3 2026 earnings per share estimates for shares of West Fraser Timber in a note issued to investors on Tuesday, August 4th. Scotiabank analyst B. Isaacson forecasts that the company will post earnings of ($0.52) per share for the quarter. The consensus estimate for West Fraser Timber’s current full-year earnings is ($3.07) per share.

West Fraser Timber (NYSE:WFG) last announced its quarterly earnings results on Wednesday, July 29th. The company reported ($0.78) earnings per share for the quarter, missing the consensus estimate of ($0.70) by ($0.08). West Fraser Timber had a negative net margin of 22.98% and a negative return on equity of 10.84%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.45 billion.

A number of other analysts have also weighed in on WFG. Raymond James Financial lowered shares of West Fraser Timber from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $85.00 to $75.00 in a report on Thursday, April 23rd. Weiss Ratings downgraded shares of West Fraser Timber from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of West Fraser Timber in a research report on Friday. Wall Street Zen raised shares of West Fraser Timber from a “strong sell” rating to a “sell” rating in a report on Saturday. Finally, TD Securities reiterated a “buy” rating on shares of West Fraser Timber in a research report on Friday. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, West Fraser Timber presently has a consensus rating of “Hold” and an average price target of $83.20.

West Fraser Timber Price Performance

WFG stock opened at $70.05 on Wednesday. The firm has a 50 day moving average of $67.86 and a 200-day moving average of $66.79. The firm has a market capitalization of $5.48 billion, a P/E ratio of -4.54 and a beta of 1.00. West Fraser Timber has a 12 month low of $57.34 and a 12 month high of $76.99. The company has a current ratio of 2.06, a quick ratio of 0.83 and a debt-to-equity ratio of 0.05.

West Fraser Timber Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Thursday, June 25th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Thursday, June 25th. West Fraser Timber’s dividend payout ratio is -8.29%.

Institutional Investors Weigh In On West Fraser Timber

A number of institutional investors and hedge funds have recently bought and sold shares of WFG. Price T Rowe Associates Inc. MD lifted its position in West Fraser Timber by 28.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,613,139 shares of the company’s stock valued at $220,799,000 after purchasing an additional 802,477 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of West Fraser Timber by 10.3% in the 1st quarter. Royal Bank of Canada now owns 3,450,867 shares of the company’s stock worth $225,306,000 after buying an additional 321,102 shares during the last quarter. Mackenzie Financial Corp increased its holdings in shares of West Fraser Timber by 6.8% in the 4th quarter. Mackenzie Financial Corp now owns 1,836,255 shares of the company’s stock worth $111,668,000 after buying an additional 116,161 shares during the last quarter. Donald Smith & CO. Inc. purchased a new stake in shares of West Fraser Timber during the 4th quarter valued at $91,014,000. Finally, Letko Brosseau & Associates Inc. raised its position in shares of West Fraser Timber by 1.9% during the 4th quarter. Letko Brosseau & Associates Inc. now owns 1,171,348 shares of the company’s stock valued at $71,755,000 after buying an additional 22,179 shares in the last quarter. 40.23% of the stock is owned by hedge funds and other institutional investors.

West Fraser Timber Company Profile

West Fraser Timber Co Ltd. (NYSE: WFG) is a leading North American diversified wood products company headquartered in Vancouver, British Columbia. The company operates a broad portfolio of manufacturing facilities that produce lumber, engineered wood products such as laminated veneer lumber (LVL), oriented strand board (OSB) and plywood, as well as medium density fibreboard (MDF), particleboard, pulp and paper. West Fraser’s integrated production model spans harvesting, milling and finishing, allowing it to serve a wide range of residential, commercial and industrial construction markets.

Founded in 1955 as West Fraser Mills, the company has grown through both organic investment and strategic acquisitions to become one of the largest lumber producers in the world.