TSE:WTE

Westshore Terminals Inc. (WTE.TO)

42.77
+0.83 (1.98%)
as of Jun 8, 2026, 8:00:00 pm Market Open.
134 watching
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Investor Insights
star iconJun 8, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Westshore Terminals Inc. (WTE-T) faces challenges amid significant uncertainty in the transport sector, mainly due to the proposed rail merger in the United States, which could impact shipping volumes. Analysts express concerns that volumes might be diverted to competing ports, which could directly affect Westshore's business activities. Despite this uncertainty, there is an overall sense of cautious optimism, with experts suggesting that the company will likely withstand these challenges in the long run. The stock has been fluctuating within a range, indicative of market apprehension and a potential wait-and-see strategy among investors. With a decent dividend yield providing some returns, it may still attract long-term investors while we monitor developments in its operational environment.

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Consensus
Cautious
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Valuation
Fair Value
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Why the selloff today? Teck may be expanding its deal with a competitor causing a sizable share price sell off (over 10% today) -- this may double Teck's capacity. People may also be concerned about future coal demand and exports. There just not seem to be any catalysts to spark his interest. It is not wise to panic on this, there will be time for recovery to allow you to assess the situation.

TOP PICK
This could be a take over by a private equity name. The largest coal export facility on the west coast of North America. It has no debt. The market is worried by the Teck contract, but he does not think it will be an issue. He thinks this is a $30 stock and the dividend will go up. A potential 30-40% upside. Yield 2.95% (Analysts’ price target is $25.75)
TOP PICK
A higher risk name, but has great value here. The largest coal loading facility on the West coast in Canada. Trades at 8 times earnings, where infrastructure plays should be trading at 12-13 times. It should be a $30 stock. It carries no debt and should allow the dividend to increase going forward. Yield 3.00% (Analysts’ price target is $25.00)
TOP PICK
A higher risk name, but has great value here. The largest coal loading facility on the West coast in Canada. Trades at 8 times earnings, where infrastructure plays should be trading at 12-13 times. It should be a $30 stock. It carries no debt and should allow the dividend to increase going forward. Yield 3.00% (Analysts’ price target is $25.00)
BUY ON WEAKNESS

We are seeing headwinds in both met-coal and thermal coal. Thermal coal is on its way out. It is a good asset with a strong balance sheet but he would only add at a discount to account for the risks of coal and that TECK.B-T may be dropping some of their capacity for alternatives.

HOLD
$46.73 is his model price. It can cover its dividend. Hold and wait. It's a cyclical stock, a coal company.
SELL ON STRENGTH
A terminal on the BC coast, primarily involved in coal. There have been issues with some of the customers financial position. It was a safe way to play coal prices. He would continue to hold for now, but sell into strength. The dividend was cut in half, back in 2015. Yield 3% (Analysts’ price target is $25.00)
WAIT

In the industrial base metal space in Canada, there is WTE-T and LIF-T. Both are very fairly priced right now. A highly commodity focused and cyclical business. This space is best to buy into when stock prices have been really hard hit. Global growth for steel trade is becoming a concern. It is not a good time to enter. The yield on LIF-T is 3.8%.

TOP PICK
An infrastructure asset. A cold terminal that is used to load ships to Asia. Trading at a low multiple. They had faced headwinds with one of their customers going bankrupt but they were bought up so they are now good. Pays a good dividend around 3%. Has performed poorly but it is a good entry point right now.
SELL

It's been sideways since 2016--dead money. Find something that pays the same dividend but with an upwards chart, like CN and CP.

TOP PICK
I75% of their volumes head to Asia. WTE is in the top 5% of his stock valuations. 20% ROE, 8x EBITDA, a good 3% yield with a low payout. He expects share buybacks or more dividends. Well-positioned for cyclical growth recovery. (Analysts’ price target is $24.70)
HOLD

It is a large terminal that exports coal. He would hold the company. They just finished a capital expansion phase. The dividend is set up to be increased quite a bit. The con side is that it comes down to coal. There is met. coal and thermal coal. TECK.B-T (met. Coal) is about 10% of their business. They hinted at driving some capacity away from WTE-T.

PAST TOP PICK
(A Top Pick Jul 25/18, Down 5%) There was some concern about losing contracts. He likes it and they have no debt and are a great infrastructure play.
TOP PICK

It has great assets in BC. It has no debt and a famous investor owns 30 percent of it. TECK.B-T may move their volumes to a terminal that they co-own next March. He thinks they can't move all of their volume. They have the ability to increase their dividend and they have no debt. (Analysts’ price target is $25.38)

DON'T BUY
He does not follow this one closely and believes the share price outlook is not great. It is tough to grow the business of a coal terminal, he thinks.
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