Equities Analysts Set Expectations for WFG FY2026 Earnings

West Fraser Timber Co. Ltd. (NYSE:WFG) – Research analysts at Scotiabank decreased their FY2026 EPS estimates for West Fraser Timber in a research note issued on Tuesday, August 4th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of ($4.36) for the year, down from their previous estimate of ($3.52). The consensus estimate for West Fraser Timber’s current full-year earnings is ($3.49) per share. Scotiabank also issued estimates for West Fraser Timber’s FY2027 earnings at $1.48 EPS.

A number of other research analysts have also issued reports on WFG. Royal Bank Of Canada reduced their price target on West Fraser Timber from $85.00 to $83.00 and set an “outperform” rating for the company in a research report on Friday, July 31st. Zacks Research raised West Fraser Timber from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. TD Cowen cut their price objective on shares of West Fraser Timber from $88.00 to $86.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Wall Street Zen raised shares of West Fraser Timber from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Finally, Fraser Mackenzie decreased their target price on shares of West Fraser Timber from $88.00 to $86.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $83.20.

West Fraser Timber Stock Up 0.3%

WFG opened at $70.21 on Thursday. West Fraser Timber has a 12 month low of $57.34 and a 12 month high of $76.99. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.06 and a quick ratio of 0.83. The stock has a market cap of $5.50 billion, a P/E ratio of -4.55 and a beta of 1.00. The stock’s 50 day moving average price is $67.94 and its 200 day moving average price is $66.79.

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

West Fraser Timber Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 13th. Shareholders of record on Thursday, June 25th were issued 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 (DPR) is presently -8.29%.

Institutional Investors Weigh In On West Fraser Timber

A number of large investors have recently made changes to their positions in WFG. Intact Investment Management Inc. grew its holdings in shares of West Fraser Timber by 820.9% during the fourth quarter. Intact Investment Management Inc. now owns 94,850 shares of the company’s stock valued at $5,803,000 after buying an additional 84,550 shares in the last quarter. Lightrock Netherlands B.V. lifted its stake in West Fraser Timber by 16.1% in the 4th quarter. Lightrock Netherlands B.V. now owns 320,303 shares of the company’s stock worth $19,574,000 after acquiring an additional 44,500 shares in the last quarter. NewGen Asset Management Ltd purchased a new stake in West Fraser Timber in the 1st quarter worth about $6,529,000. Amundi boosted its position in West Fraser Timber by 43.2% during the 1st quarter. Amundi now owns 192,016 shares of the company’s stock worth $12,537,000 after acquiring an additional 57,919 shares during the period. Finally, Royal Bank of Canada boosted its position in West Fraser Timber by 10.3% during the 1st quarter. Royal Bank of Canada now owns 3,450,867 shares of the company’s stock worth $225,306,000 after acquiring an additional 321,102 shares during the period. Institutional investors and hedge funds own 40.23% of the company’s stock.

About West Fraser Timber

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.