$WFG

West Fraser Timber Co. Ltd. (WFG) announced a $500M three-year term loan to refinance $300M of existing debt. The move strengthens liquidity, with proforma cash balance of $219M and net debt to capital ratio of 5.4%. The company also declared a quarterly dividend of $0.32 per share, payable October 19, 2026.

Canadian analysts updated ratings and price targets for various companies. Enbridge (ENB) and TC Energy (TRP) received upgrades, while Evertz Technologies (ET) saw multiple target reductions. Notable changes include BCE (BCE) upgraded to BUY, Canfor (CFP) raised to STRONG BUY, and West Fraser (WFG) target increased. Several new coverages were initiated, including for Calian Group (CGY) and Skeena Resources (SKE).

Simply Wall St says new US customs rules could raise tariffs on Canadian exports to as high as 50% from Aug 19, 2026, increasing cross-border risk. It highlights Canadian National Railway (CA$17.8b revenue, ~CA$106.6b market cap), West Fraser Timber (~CA$7.9b), and Saputo (~CA$16.1b) as exposed to US demand and trade uncertainty.

Metsä Group reported Q2 sales down 3% to EUR 1.38 billion, while comparable EBITDA rose 89% to EUR 129 million. Comparable operating loss narrowed to EUR 3 million. The company cited weaker pulp, paper and construction demand tied to tariffs and uncertainty, ongoing mill shutdowns, and cost cuts from a EUR 300 million programme. It expects savings to exceed the target and 2026-27 impact.

West Fraser Timber Co. Ltd. (WFG) reported Q2 2026 sales of $1.434 billion and earnings of $(61) million, or $(0.78) per diluted share. Adjusted EBITDA was $59 million. The company declared a $0.32 per share dividend and generated $192 million cash from operations, repaying $148 million of operating loans. It also discussed U.S. softwood and Section 338 tariff impacts.

A Globe Unlimited/StockCalc screen of TSX-listed forest-products stocks links the sector’s outlook to US single-family housing starts, 30-year mortgage rates, lumber prices, mill closures, energy prices and softwood duties. It cites May 2026 US starts at 1.177m (single-family 882k) and a 6.49% 30-year mortgage rate. It highlights Canfor (CFP-T), Interfor (IFP-T) and West Fraser (WFG-T) as down year/year and discusses valuation versus intrinsic value.

Canadian stocks fell for a second day as U.S.-Iran peace talks stayed unresolved, keeping investors cautious. The S&P/TSX Composite ended at 34,412.05, down 0.70%. Iran state TV cited a draft MoU framework, but the White House called it false. Energy and materials led declines; energy fell 2.36%.

West Fraser Timber (TSX:WFG) has experienced a fade in recent share price momentum, despite earlier gains. The stock, currently around CA$81.36, shows negative returns over the past week, month, and three months, contrasting with a one-year total shareholder return of 18.73%. Simply Wall St's analysis suggests the stock is 23.4% undervalued, with a fair value estimate of CA$106.26, driven by anticipated long-term demand for renewable wood products and sustainable building practices.

West Fraser Timber (NYSE:WFG) reported quarterly earnings of ($2.40) per share, missing consensus estimates by $1.17. The company's revenue for the quarter was $1.33 billion, exceeding the estimate of $1.29 billion. West Fraser Timber also announced a quarterly dividend of $0.32, which resulted in a 2.0% yield, and analysts have a "Hold" rating on the stock with an average price target of $81.33.

West Fraser Timber Co. Ltd. (WFG) announced its Q1 revenue reached $1.33 billion, surpassing FactSet's estimate of $1.32 billion. This financial update follows other Q1 reports from the company, including a reported loss of $2.40 per share, against an estimated loss of $1.33 per share. West Fraser Timber is a diversified wood products company operating 58 facilities in Canada, the United States, the United Kingdom, and Europe.