West Fraser Timber Co. Ltd. (TSE:WFT) Scheduled to Post Earnings on Thursday

West Fraser Timber Co. Ltd. (TSE:WFT) is scheduled to be releasing its earnings data after the market closes on Thursday, July 20th. Analysts expect West Fraser Timber Co. to post earnings of $1.78 per share for the quarter.

Shares of West Fraser Timber Co. Ltd. (TSE WFT) opened at 63.29 on Tuesday. The company has a market capitalization of $4.95 billion and a P/E ratio of 12.71. The company has a 50 day moving average of $59.58 and a 200-day moving average of $54.71. West Fraser Timber Co. Ltd. has a 12-month low of $38.02 and a 12-month high of $63.77.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 18th. Shareholders of record on Tuesday, July 18th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, June 23rd. This represents a $0.28 dividend on an annualized basis and a yield of 0.44%.

A number of research analysts have issued reports on the stock. TD Securities upped their target price on shares of West Fraser Timber Co. from C$68.00 to C$71.00 and gave the company a “buy” rating in a research report on Wednesday, April 26th. Royal Bank Of Canada downgraded shares of West Fraser Timber Co. from a “sector perform” rating to an “underperform” rating and cut their price target for the company from C$55.00 to C$53.00 in a research report on Wednesday, April 26th. BMO Capital Markets set a C$68.00 price target on shares of West Fraser Timber Co. and gave the company an “outperform” rating in a research report on Wednesday, April 26th. Scotiabank set a C$58.25 price target on shares of West Fraser Timber Co. and gave the company an “outperform” rating in a research report on Tuesday, April 25th. Finally, Raymond James Financial, Inc. set a C$67.00 price target on shares of West Fraser Timber Co. and gave the company an “outperform” rating in a research report on Tuesday, April 25th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of C$62.71.

In other West Fraser Timber Co. news, insider Larry Earl Gardner sold 1,800 shares of the firm’s stock in a transaction that occurred on Wednesday, April 26th. The shares were sold at an average price of C$59.51, for a total transaction of C$107,118.00.

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West Fraser Timber Co. Company Profile

West Fraser Timber Co Ltd. is a diversified wood products company, which produces lumber (spruce-pine-fir (SPF) and southern yellow pine (SYP)), panels (plywood, medium-density fiberboard (MDF) and laminated veneer lumber (LVL)), pulp (northern bleached softwood kraft (NBSK) and bleached chemi-thermomechanical pulp (BCTMP)), newsprint, wood chips and energy.

Earnings History for West Fraser Timber Co. (TSE:WFT)

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