Raymond James Expects Lower Earnings for West Fraser Timber

West Fraser Timber Co. Ltd. (TSE:WFG) – Research analysts at Raymond James dropped their FY2025 EPS estimates for shares of West Fraser Timber in a research report issued on Monday, February 3rd. Raymond James analyst D. Swetlishoff now expects that the company will earn $6.99 per share for the year, down from their previous forecast of $7.32. Raymond James has a “Moderate Buy” rating on the stock. The consensus estimate for West Fraser Timber’s current full-year earnings is $8.12 per share.

Separately, CIBC lifted their price objective on shares of West Fraser Timber from C$164.00 to C$171.00 in a research report on Wednesday, January 15th.

West Fraser Timber Stock Up 1.4 %

West Fraser Timber stock opened at C$122.76 on Thursday. West Fraser Timber has a twelve month low of C$100.84 and a twelve month high of C$141.27. The business has a fifty day moving average of C$127.54 and a two-hundred day moving average of C$125.62. The firm has a market cap of C$9.59 billion, a P/E ratio of 53.84 and a beta of 2.03. The company has a quick ratio of 2.10, a current ratio of 2.33 and a debt-to-equity ratio of 7.39.

West Fraser Timber Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, January 14th were paid a dividend of $0.32 per share. The ex-dividend date was Friday, December 27th. This represents a $1.28 annualized dividend and a yield of 1.04%. West Fraser Timber’s payout ratio is presently 75.88%.

West Fraser Timber Company Profile

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.