West Fraser Timber (NYSE:WFG – Get Free Report) released its earnings results on Tuesday. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.48, Briefing.com reports. West Fraser Timber had a positive return on equity of 1.29% and a negative net margin of 2.59%. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the previous year, the business posted ($0.52) EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year.
West Fraser Timber Price Performance
Shares of NYSE:WFG traded down $0.14 during trading on Wednesday, hitting $78.47. 127,423 shares of the company’s stock were exchanged, compared to its average volume of 142,085. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.26 and a quick ratio of 1.45. West Fraser Timber has a 52-week low of $64.11 and a 52-week high of $90.17. The business’s 50-day simple moving average is $81.46 and its 200 day simple moving average is $78.70. The company has a market cap of $6.23 billion, a price-to-earnings ratio of -37.73 and a beta of 1.15.
West Fraser Timber Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Friday, March 15th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend was Thursday, March 14th. West Fraser Timber’s dividend payout ratio (DPR) is currently -27.91%.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on WFG
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.
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