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

West Fraser Timber Co. Ltd. (TSE:WFT) traded up 0.05% during trading on Thursday, reaching $62.48. 249,231 shares of the company traded hands. The firm has a market capitalization of $4.88 billion and a price-to-earnings ratio of 12.55. The company’s 50-day moving average price is $59.58 and its 200 day moving average price is $54.71. West Fraser Timber Co. Ltd. has a 52 week low of $35.94 and a 52 week high of $63.32.

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 $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Friday, June 23rd.

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A number of brokerages have weighed in on WFT. Raymond James Financial, Inc. set a C$67.00 target price on West Fraser Timber Co. and gave the stock an “outperform” rating in a research report on Tuesday, April 25th. BMO Capital Markets set a C$68.00 target price on West Fraser Timber Co. and gave the stock an “outperform” rating in a research report on Wednesday, April 26th. Royal Bank Of Canada set a C$50.00 target price on West Fraser Timber Co. and gave the stock a “sector perform” rating in a research report on Friday, March 31st. Scotiabank set a C$58.25 target price on West Fraser Timber Co. and gave the stock an “outperform” rating in a research report on Tuesday, April 25th. Finally, TD Securities boosted their target price on West Fraser Timber Co. from C$68.00 to C$71.00 and gave the stock a “buy” rating in a research report on Wednesday, April 26th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. West Fraser Timber Co. presently has an average 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 business’s stock in a transaction dated Wednesday, April 26th. The stock was sold at an average price of C$59.51, for a total transaction of C$107,118.00.

About West Fraser Timber Co.

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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