Q1 Earnings Estimate for WFG Issued By Scotiabank

West Fraser Timber Co. Ltd. (NYSE:WFG) – Investment analysts at Scotiabank issued their Q1 2025 earnings per share estimates for shares of West Fraser Timber in a research note issued on Tuesday, February 18th. Scotiabank analyst B. Isaacson anticipates that the company will post earnings per share of $0.53 for the quarter. Scotiabank has a “Sector Outperform” rating and a $100.00 price objective on the stock. The consensus estimate for West Fraser Timber’s current full-year earnings is $5.14 per share.

West Fraser Timber (NYSE:WFG) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($0.55) by $0.63. West Fraser Timber had a negative net margin of 0.08% and a positive return on equity of 0.88%.

Other analysts have also recently issued reports about the company. Raymond James cut their price objective on West Fraser Timber from $115.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. TD Securities reduced their price target on West Fraser Timber from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $106.00.

West Fraser Timber Stock Down 1.8 %

Shares of WFG opened at $78.93 on Thursday. West Fraser Timber has a 1-year low of $73.91 and a 1-year high of $102.40. The firm’s 50-day moving average price is $86.61 and its 200-day moving average price is $90.51.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Toronto Dominion Bank increased its holdings in shares of West Fraser Timber by 76.8% during the fourth quarter. Toronto Dominion Bank now owns 35,110 shares of the company’s stock valued at $3,039,000 after acquiring an additional 15,252 shares in the last quarter. Royal Bank of Canada grew its position in West Fraser Timber by 0.3% during the 4th quarter. Royal Bank of Canada now owns 2,980,619 shares of the company’s stock valued at $257,974,000 after purchasing an additional 8,760 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in West Fraser Timber during the 4th quarter valued at about $52,000. Point72 Asset Management L.P. raised its holdings in West Fraser Timber by 622.3% in the fourth quarter. Point72 Asset Management L.P. now owns 21,791 shares of the company’s stock worth $1,886,000 after buying an additional 18,774 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its stake in shares of West Fraser Timber by 59.8% in the fourth quarter. Quantinno Capital Management LP now owns 4,228 shares of the company’s stock worth $366,000 after buying an additional 1,582 shares in the last quarter. Hedge funds and other institutional investors own 40.23% of the company’s stock.

West Fraser Timber Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Friday, March 14th will be paid a $0.32 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.62%. West Fraser Timber’s payout ratio is currently -609.52%.

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.