FY2025 EPS Estimates for West Fraser Timber Co. Ltd. Boosted by Raymond James (TSE:WFG)

West Fraser Timber Co. Ltd. (TSE:WFG) – Equities research analysts at Raymond James upped their FY2025 EPS estimates for shares of West Fraser Timber in a research report issued on Wednesday, April 24th. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings of $12.89 per share for the year, up from their prior estimate of $12.60. The consensus estimate for West Fraser Timber’s current full-year earnings is $3.96 per share.

Separately, CIBC lifted their price target on shares of West Fraser Timber from C$131.00 to C$140.00 in a report on Thursday, April 11th.

West Fraser Timber Stock Performance

Shares of TSE WFG opened at C$107.86 on Thursday. The company has a debt-to-equity ratio of 7.45, a quick ratio of 2.10 and a current ratio of 2.26. The company has a market cap of C$8.56 billion, a P/E ratio of -39.51 and a beta of 2.08. The firm’s fifty day moving average is C$110.57 and its two-hundred day moving average is C$106.63. West Fraser Timber has a 52-week low of C$88.61 and a 52-week high of C$121.64.

West Fraser Timber (TSE:WFG) last announced its quarterly earnings results on Wednesday, February 14th. The company reported C($0.31) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.38) by C$0.07. The company had revenue of C$2.06 billion for the quarter. West Fraser Timber had a negative net margin of 2.59% and a negative return on equity of 2.25%.

West Fraser Timber Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Friday, March 15th were paid a $0.403 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 1.49%. West Fraser Timber’s payout ratio is currently -59.34%.

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.