West Fraser Timber (NYSE:WFG - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of ($0.16) per share for the quarter.
West Fraser Timber (NYSE:WFG - Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The company reported $1.20 EPS for the quarter, missing analysts' consensus estimates of $1.29 by ($0.09). West Fraser Timber had a return on equity of 3.83% and a net margin of 2.23%. The firm had revenue of $1.71 billion for the quarter, compared to analysts' expectations of $1.59 billion. During the same period in the prior year, the firm posted ($0.03) earnings per share. West Fraser Timber's revenue for the quarter was up 6.0% on a year-over-year basis. On average, analysts expect West Fraser Timber to post $2 EPS for the current fiscal year and $8 EPS for the next fiscal year.
WFG stock opened at $100.96 on Wednesday. West Fraser Timber has a 12 month low of $64.11 and a 12 month high of $102.40. The company has a current ratio of 2.33, a quick ratio of 1.49 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average price of $91.44 and a 200 day moving average price of $83.81. The stock has a market cap of $7.96 billion, a PE ratio of -83.44 and a beta of 1.16.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 26th were given a $0.237 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.95 annualized dividend and a yield of 0.94%. West Fraser Timber's dividend payout ratio (DPR) is -77.69%.
Several equities research analysts have issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of West Fraser Timber from $97.00 to $100.00 and gave the company an "outperform" rating in a research report on Friday, July 26th. BMO Capital Markets boosted their price objective on shares of West Fraser Timber from $92.00 to $105.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 30th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, West Fraser Timber currently has an average rating of "Buy" and a consensus price target of $105.60.
Get Our Latest Stock Analysis on 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.
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