What is Scotiabank’s Forecast for WFG FY2026 Earnings?

West Fraser Timber Co. Ltd. (NYSE:WFG) – Stock analysts at Scotiabank boosted their FY2026 earnings per share estimates for shares of West Fraser Timber in a report issued on Wednesday, July 15th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of ($3.52) per share for the year, up from their previous estimate of ($3.57). The consensus estimate for West Fraser Timber’s current full-year earnings is ($3.97) per share.

A number of other brokerages have also issued reports on WFG. Weiss Ratings restated a “sell (d)” rating on shares of West Fraser Timber in a research report on Monday, April 20th. Fraser Mackenzie lowered 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 report on Friday, May 1st. TD Cowen dropped 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. Raymond James Financial downgraded shares of West Fraser Timber from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $85.00 to $75.00 in a research note on Thursday, April 23rd. Finally, TD Securities restated a “buy” rating and issued a $86.00 price target on shares of West Fraser Timber in a research report on Friday, May 1st. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $83.60.

West Fraser Timber Trading Down 0.1%

WFG opened at $70.35 on Monday. The company has a quick ratio of 0.66, a current ratio of 1.84 and a debt-to-equity ratio of 0.05. West Fraser Timber has a 52 week low of $57.34 and a 52 week high of $76.99. The business’s 50 day moving average is $66.54 and its two-hundred day moving average is $66.54. The firm has a market cap of $5.51 billion, a price-to-earnings ratio of -4.68 and a beta of 1.00.

West Fraser Timber (NYSE:WFG) last announced its earnings results on Wednesday, April 29th. The company reported ($2.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.23) by ($1.17). The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.32 billion. West Fraser Timber had a negative net margin of 21.86% and a negative return on equity of 9.67%.

Hedge Funds Weigh In On West Fraser Timber

Several institutional investors have recently bought and sold shares of WFG. Price T Rowe Associates Inc. MD raised its position in West Fraser Timber by 28.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,613,139 shares of the company’s stock worth $220,799,000 after buying an additional 802,477 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of West Fraser Timber by 10.3% in the first quarter. Royal Bank of Canada now owns 3,450,867 shares of the company’s stock valued at $225,306,000 after acquiring an additional 321,102 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in shares of West Fraser Timber by 6.8% in the fourth quarter. Mackenzie Financial Corp now owns 1,836,255 shares of the company’s stock valued at $111,668,000 after acquiring an additional 116,161 shares in the last quarter. Donald Smith & CO. Inc. acquired a new position in shares of West Fraser Timber during the fourth quarter worth about $91,014,000. Finally, Letko Brosseau & Associates Inc. increased its stake in shares of West Fraser Timber by 1.9% during the fourth quarter. Letko Brosseau & Associates Inc. now owns 1,171,348 shares of the company’s stock worth $71,755,000 after acquiring an additional 22,179 shares during the period. 40.23% of the stock is owned by institutional investors and hedge funds.

West Fraser Timber Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Thursday, June 25th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Thursday, June 25th. West Fraser Timber’s dividend payout ratio (DPR) is -8.51%.

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.