What is Scotiabank’s Forecast for WFG Q1 Earnings?

West Fraser Timber Co. Ltd. (NYSE:WFG) – Analysts at Scotiabank issued their Q1 2025 earnings per share (EPS) estimates for West Fraser Timber in a research report issued on Tuesday, February 18th. Scotiabank analyst B. Isaacson forecasts that the company will earn $0.53 per share for the quarter. Scotiabank has a “Sector Outperform” rating and a $100.00 price target 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 earnings results on Wednesday, February 12th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of ($0.55) by $0.63. West Fraser Timber had a positive return on equity of 0.88% and a negative net margin of 0.08%.

Several other equities analysts have also weighed in on WFG. TD Securities reduced their price objective 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. Raymond James reduced their price target 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. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $106.00.

West Fraser Timber Price Performance

NYSE WFG opened at $78.91 on Thursday. The firm has a market capitalization of $6.13 billion, a P/E ratio of -375.77 and a beta of 1.22. West Fraser Timber has a 1-year low of $73.91 and a 1-year high of $102.40. The business’s 50-day simple moving average is $86.16 and its 200-day simple moving average is $90.41.

Institutional Investors Weigh In On West Fraser Timber

A number of institutional investors have recently made changes to their positions in WFG. FIL Ltd increased its holdings in shares of West Fraser Timber by 35.5% in the 4th quarter. FIL Ltd now owns 5,041,873 shares of the company’s stock valued at $436,861,000 after acquiring an additional 1,319,843 shares during the last quarter. Norges Bank bought a new position in West Fraser Timber during the 4th quarter worth $81,605,000. Price T Rowe Associates Inc. MD grew its stake in West Fraser Timber by 56.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,162,049 shares of the company’s stock worth $187,126,000 after buying an additional 780,313 shares during the last quarter. FMR LLC grew its stake in West Fraser Timber by 22.5% during the 3rd quarter. FMR LLC now owns 1,447,823 shares of the company’s stock worth $141,047,000 after buying an additional 266,298 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in West Fraser Timber by 37.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 939,079 shares of the company’s stock worth $91,429,000 after buying an additional 254,220 shares during the last quarter. 40.23% of the stock is currently owned by institutional investors.

West Fraser Timber Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Friday, March 14th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.62%. West Fraser Timber’s dividend payout ratio (DPR) is -609.52%.

About West Fraser Timber

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.