Western Forest Products Inc. (WEF.TO) Buy,…

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Western Forest Products Inc. (WEF.TO)

16.90

+0.05 (0.30%)

as of Jun 4, 2026, 2:36:24 pm Market Open.

225 watching

DON'T BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

WEF has rallied with interest rates, which help the sector, but is still down 26% for the year and 37% over 52 weeks. Note the dividend was cancelled in November 2023 and none is paid currently. This week WEF announced it would be cutting production. It is still losing money. With its losses and outlook and omitted dividend and small size we would continue to be not interested here.
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WATCH

Some insider buying. Trades at 0.16x sales, about half as much as CFP or IFP. Money-losing right now. Specialty wood products, typically higher margin and more profitable. But not anymore, related to housing market being slow. Cut dividend to protect balance sheet, so company's now pretty secure.

A great turnaround stock with upside once US interest rates come down and housing activity starts to come back. He's keeping a close eye on it.

DON'T BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Our view remains unchanged. The only recent news was that WEF had engaged in a partnership with a First Nations group where the Group would acquire a 34% interest from WEF in a limited partnership, for $35.9M. There is nothing exciting fundementally and it has small cap risks, so we continue to view it unfavourably.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Jan 17/23, Down 12.5%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with WEF has triggered its stop at $1.12. To remain disciplined, we recommend covering the position at this time.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Jan 17/23, Down 1.6%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with WEF is progressing well. To remain disciplined, we recommend trailing up the stop (from $1.05) to $1.12 at this time.

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Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly This TOP PICK operates 7 sawmills and can produce 1 billion board feet of lumber annually. Production was slowed in December due to market conditions, which has impacted the stock's value short term. Management expect production to return in Q1. We like that the company generated almost $250 million in free cash flow last year, more than the past four years combined. This was while retiring debt and buying back shares. It trades at under book value. We recommend a stop-loss at $1.05, looking to achieve $1.80 -- upside potential over 35%. Yield 3.7% (Analysts’ price target is $1.79)

HOLD

He considers forest stocks to be a hold. He is lightening up on his position. You should buy commodity products when they are not at a historic high like now.

PAST TOP PICK

(A Top Pick Jun 22/20, Up 132%) He would be a buyer. There is a disconnect with lumber prices. It deserves to be a higher price than where it is now.

PAST TOP PICK

(A Top Pick May 19/20, Up 191%) Lumber has become the hottest commodity. It is still not back to its 2018 high, which it should get to if lumber prices stay high.

PARTIAL SELL

A little more expensive than WFG and less ROE. Has had quite a good run but would stick to WFG or Interfor. Would sell this for other larger players.

BUY

An exciting time in home builders. Under made homes for several years in the US. A powerful rally. Likes that WFG is now a combined entity. WEF is a small cap and is more whippy. Both are good.

BUY

The U.S. housing boom has fuelled lumber prices and WEF, a strong tailwind. These prices will remain strong for a few years as Asian economies also pick up. Doesn't know WEF that well.

BUY

He considers it a buy still today. It has not recovered as much as the other three. It is because it is a specialty lumber products company. The price of lumber has been on a tear this year. The strike is no longer in place but it is trading lower than it was then. There has not been a single share sold by insiders this year. The risk/reward ratio looks quite attractive.

WATCH

Has owned it in the past. He sold it in Feb/March when all that disruption happened and he didn't know what would happen (Covid). In the past 6 months, so much happened and he missed WEF popping up. He regrets selling this. He's now watching this. Can't say yet how US tariffs rolling off will effect this; he will study this. Likes this company and management. Should do well.

HOLD

They just announced third quarter results. Earnings are second highest since 2018 when the stock was $2. They do specialty lumber and they are diversified, so they move more gently. The valuation is attractive. The dividend should come back.

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Western Forest Products Inc. (WEF.TO) Frequently Asked Questions

What is Western Forest Products Inc. stock symbol?

Western Forest Products Inc. is a Canadian stock, trading under the symbol WEF.TO (previously WEF-T on Stockchase) on the Toronto Stock Exchange (WEF-CT). It is usually referred to as TSX:WEF or WEF.TO

Is Western Forest Products Inc. a buy or a sell?

In the last year, there was no coverage of Western Forest Products Inc. published on Stockchase.

Is Western Forest Products Inc. a good investment or a top pick?

Western Forest Products Inc. was recommended as a Top Pick by Teal Linde on 2020-11-16. Read the latest stock experts ratings for Western Forest Products Inc..

Why is Western Forest Products Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.

Is Western Forest Products Inc. worth watching?

0 stock analysts on Stockchase covered Western Forest Products Inc. in the last year. It is a trending stock that is worth watching.

What is Western Forest Products Inc. stock price?

On 2026-06-04, Western Forest Products Inc. (WEF.TO) stock closed at a price of $16.90.

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Western Forest Products Inc. (WEF.TO)