West Fraser Timber (WFG)
Produces lumber, engineered wood, and pulp products across North America and Europe.
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Revenue comes from lumber, North American engineered wood, pulp and paper, and European engineered wood products. The Norbord acquisition made OSB and European operations central to the portfolio.
Produces lumber alongside North American engineered wood products—OSB, LVL, MDF, plywood, and particleboard—and also operates pulp and paper and European engineered wood businesses.
Canadian operations remain central, while a long expansion in the U.S. South and the Norbord acquisition built a footprint spanning Canada, the United States, the United Kingdom, and Europe. The company has grown through mills and timber-linked assets, then refocused its portfolio around wood products.
Low-cost operations, reinvestment, safe operations, and stewardship of renewable forest resources are stated operating priorities. Canadian softwood-lumber trade disputes and related countervailing and antidumping duties shape the business.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 15, 2026 | Raymond James | Upgrade | Target: $75 | Target: $85 |
| May 1, 2026 | TD Securities | Target | Target: $88 | Target: $86 |
| Apr 16, 2026 | RBC Capital | Target | Target: $85 | Target: $81 |
| Jan 14, 2026 | Raymond James | Target | Target: — | Target: $75 |
| Dec 18, 2025 | RBC Capital | Target | Target: $99 | Target: $85 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $73.9M · Total debt $379.5M · Total assets $7.43B · Shareholders' equity $5.56B
- Revenue
- $1.40B
- Operating income
- −$77.0M
- Net income
- −$59.5M
HistoryDividendAnnual yieldUpcoming
| Institutions | 52.17% | 39.66M shares | |
|---|---|---|---|
| 173 holders · as of Jun 30, 2026 | |||
| Other | 47.83% | 36.36M shares | |
| remainder | |||
76.02M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
FIL LtdInstitution | 11.48% | 8.73M | as of Jun 30, 2026 |
Price T Rowe Associates Inc /MD/Institution | 4.94% | 3.76M | as of Jun 30, 2026 |
Royal Bank of CanadaInstitution | 4.59% | 3.49M | as of Jun 30, 2026 |
Mackenzie Financial CorpInstitution | 2.47% | 1.88M | as of Jun 30, 2026 |
1832 Asset Management L.P.Institution | 2.36% | 1.80M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Weyerhaeuser
U.S. timberlands and wood products across lumber and OSB
- Louisiana-Pacific
North American OSB structural panels and value-added sheathing
- Rayonier
U.S. timberlands, six sawmills, and industrial plywood
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| West Fraser Timber | $73.38 | −1.27% | $5.65B | — | 813.8 | 1.2 | −7.9% |
| Weyerhaeuser | $21.32 | −1.02% | $15.53B | 32.6 | 49.1 | 2.3 | −0.9% |
| Louisiana-Pacific | $67.54 | −0.71% | $4.75B | 86.1 | 38.1 | 1.9 | −12.1% |
| Rayonier | $20.20 | −0.22% | $3.13B | 41.9 | 34.2 | 3.2 | +272.3% |
| Median | 41.9 | 38.1 | 2.3 | −0.9% |