What is Scotiabank’s Forecast for TSE:WEF FY2026 Earnings?

Posted by on Jul 21st, 2026

Western Forest Products Inc. (TSE:WEF – Free Report) – Research analysts at Scotiabank upped their FY2026 earnings estimates for Western Forest Products in a report released on Wednesday, July 15th. Scotiabank analyst B. Isaacson now forecasts that the company will earn ($2.99) per share for the year, up from their prior estimate of ($3.56). The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share.

Western Forest Products (TSE:WEF – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported C($1.83) earnings per share for the quarter. The firm had revenue of C$201.50 million during the quarter. Western Forest Products had a negative net margin of 12.23% and a negative return on equity of 22.88%.

WEF has been the subject of several other research reports. Royal Bank Of Canada lifted their price target on Western Forest Products from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research note on Thursday, April 16th. TD increased their price target on Western Forest Products from C$17.00 to C$19.00 and gave the stock a “hold” rating in a research report on Tuesday, July 14th. Five investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$16.10.

View Our Latest Report on Western Forest Products

Western Forest Products Trading Down 3.1%

WEF stock opened at C$17.30 on Monday. The company’s 50-day simple moving average is C$16.68 and its 200-day simple moving average is C$15.01. The company has a quick ratio of 0.73, a current ratio of 2.63 and a debt-to-equity ratio of 15.10. Western Forest Products has a 52-week low of C$10.16 and a 52-week high of C$19.40. The firm has a market cap of C$182.65 million, a P/E ratio of -1.61, a PEG ratio of 0.32 and a beta of 0.22.

Insiders Place Their Bets

In other Western Forest Products news, Director Elizabeth Kernaghan sold 1,800 shares of the company’s stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of C$19.05, for a total transaction of C$34,290.00. Following the completion of the transaction, the director directly owned 1,889,000 shares in the company, valued at approximately C$35,985,450. This represents a 0.10% decrease in their ownership of the stock. Also, insider Kernwood Limited sold 2,700 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of C$19.00, for a total transaction of C$51,300.00. Following the transaction, the insider directly owned 1,900,800 shares in the company, valued at approximately C$36,115,200. The trade was a 0.14% decrease in their ownership of the stock. Insiders have sold 14,200 shares of company stock valued at $270,980 over the last 90 days. 0.67% of the stock is currently owned by company insiders.

About Western Forest Products

(Get Free Report)

Western Forest Products Inc is a Canada-based softwood forest products company. The company’s principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company’s largest markets and contribute the vast majority of its total revenue.

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