Research Analysts Issue Forecasts for WFG FY2026 Earnings

West Fraser Timber Co. Ltd. (NYSE:WFG) – Equities researchers at Scotiabank issued their FY2026 earnings per share estimates for West Fraser Timber in a research note issued to investors on Monday, November 2nd. Scotiabank analyst B. Isaacson anticipates that the company will post earnings per share of ($5.11) for the year. The consensus estimate for West Fraser Timber’s current full-year earnings is ($4.83) per share. Scotiabank also issued estimates for West Fraser Timber’s FY2027 earnings at ($0.93) EPS.

West Fraser Timber (NYSE:WFG) last released its quarterly earnings data on Wednesday, October 28th. The company reported ($1.03) earnings per share for the quarter, missing the consensus estimate of ($0.84) by ($0.19). West Fraser Timber had a negative net margin of 20.39% and a negative return on equity of 9.19%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.42 billion.

WFG has been the subject of several other research reports. Cantor Fitzgerald upgraded shares of West Fraser Timber to a “buy” rating in a report on Thursday, October 29th. Royal Bank Of Canada dropped their price objective on shares of West Fraser Timber from $83.00 to $81.00 and set an “outperform” rating on the stock in a research note on Friday, October 16th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of West Fraser Timber in a report on Friday, July 31st. Zacks Research raised shares of West Fraser Timber from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Finally, Raymond James Financial reduced their price objective on shares of West Fraser Timber from $85.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, October 29th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.80.

West Fraser Timber Stock Up 5.7%

Shares of West Fraser Timber stock opened at $69.62 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.29 and a quick ratio of 1.07. The stock has a market cap of $5.45 billion, a price-to-earnings ratio of -5.03 and a beta of 1.12. The firm’s 50-day moving average is $68.20 and its two-hundred day moving average is $67.31. West Fraser Timber has a 1 year low of $57.34 and a 1 year high of $76.99.

West Fraser Timber Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, October 19th. Shareholders of record on Tuesday, September 29th were issued a $0.32 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. West Fraser Timber’s payout ratio is currently -9.25%.

Institutional Trading of West Fraser Timber

Several hedge funds have recently modified their holdings of the company. Royal Bank of Canada boosted 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 valued at $225,306,000 after buying an additional 321,102 shares in the last quarter. Donald Smith & CO. Inc. purchased a new position in shares of West Fraser Timber in the 2nd quarter worth approximately $110,334,000. Manning & Napier Advisors LLC bought a new position in shares of West Fraser Timber during the 2nd quarter worth approximately $86,416,000. Atlas FRM LLC bought a new position in shares of West Fraser Timber during the 2nd quarter worth approximately $50,090,600. Finally, Van ECK Associates Corp raised its stake in shares of West Fraser Timber by 171.7% during the 2nd quarter. Van ECK Associates Corp now owns 736,913 shares of the company’s stock worth $49,836,000 after acquiring an additional 465,694 shares in the last quarter. 40.23% of the stock is owned by hedge funds and other institutional investors.

About West Fraser Timber

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.