Scotiabank Cuts Earnings Estimates for West Fraser Timber

West Fraser Timber Co. Ltd. (NYSE:WFG) – Investment analysts at Scotiabank reduced their Q3 2026 earnings per share (EPS) estimates for shares of West Fraser Timber in a report released on Monday, October 26th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of ($0.80) per share for the quarter, down from their prior forecast of ($0.52). The consensus estimate for West Fraser Timber’s current full-year earnings is ($3.80) per share.

West Fraser Timber (NYSE:WFG) last issued its earnings results on Wednesday, October 28th. The company reported ($1.03) earnings per share for the quarter, missing the consensus estimate of ($0.76) by ($0.27). West Fraser Timber had a negative return on equity of 10.84% and a negative net margin of 22.98%. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.42 billion.

WFG has been the subject of several other reports. Wall Street Zen upgraded West Fraser Timber from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Royal Bank Of Canada lowered their price objective on shares of West Fraser Timber from $83.00 to $81.00 and set an “outperform” rating for the company in a research note on Friday, October 16th. Zacks Research upgraded shares of West Fraser Timber from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Raymond James Financial raised shares of West Fraser Timber from a “market perform” rating to an “outperform” rating and raised their target price for the company from $75.00 to $85.00 in a research report on Tuesday, September 15th. Finally, TD Securities reissued a “buy” rating on shares of West Fraser Timber in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $84.80.

West Fraser Timber Price Performance

WFG opened at $68.50 on Thursday. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of -4.44 and a beta of 1.06. 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 has a 12-month low of $57.34 and a 12-month high of $76.99. The business’s fifty day simple moving average is $68.41 and its 200-day simple moving average is $67.30.

Institutional Trading of West Fraser Timber

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC increased its holdings in shares of West Fraser Timber by 72.2% in the 1st quarter. Parallel Advisors LLC now owns 439 shares of the company’s stock valued at $29,000 after acquiring an additional 184 shares during the period. EFG International AG bought a new position in shares of West Fraser Timber in the 2nd quarter worth $34,000. Physician Wealth Advisors Inc. raised its position in shares of West Fraser Timber by 177.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 579 shares of the company’s stock worth $38,000 after acquiring an additional 370 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of West Fraser Timber in the 2nd quarter worth $40,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of West Fraser Timber by 4,072.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 751 shares of the company’s stock worth $52,000 after purchasing an additional 733 shares during the last quarter. Institutional investors own 40.23% of the company’s stock.

West Fraser Timber Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 19th. Shareholders of record on Tuesday, September 29th were issued a dividend of $0.32 per share. The ex-dividend date was Tuesday, September 29th. This represents a $1.28 dividend on an annualized basis and a yield of 1.9%. West Fraser Timber’s dividend payout ratio is currently -8.29%.

West Fraser Timber Company Profile

West Fraser Timber Co Ltd. is a diversified wood products company that manufactures and sells building materials for residential, commercial and industrial applications. Its principal products include lumber, oriented strand board, laminated veneer lumber and other engineered wood products used in construction, remodeling and manufacturing.

The company operates wood product manufacturing facilities and manages timber resources across Canada and the United States, with a significant presence in Western Canada and the U.S.