Acadian Timber (ADN) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Acadian Timber in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ADN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADN, but not buy additional shares or sell existing shares.
View ADN analyst ratings or view top-rated stocks.

3 brokers have issued twelve-month target prices for Acadian Timber's stock. Their ADN share price forecasts range from C$16.00 to C$18.50. On average, they predict the company's share price to reach C$17.13 in the next year. This suggests that the stock has a possible downside of 4.1%.
View analysts price targets for ADN or view top-rated stocks among Wall Street analysts.

Acadian Timber's stock was trading at C$14.97 at the beginning of the year. Since then, ADN shares have increased by 19.3% and is now trading at C$17.85.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our ADN earnings forecast.

Acadian Timber Corp. (TSE:ADN) issued its earnings results on Wednesday, July, 26th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.14. The business had revenue of $20.71 million for the quarter. Acadian Timber had a trailing twelve-month return on equity of 12.78% and a net margin of 42.32%.

Acadian Timber declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Saturday, September 30th will be paid a dividend of 0.29 per share on Sunday, October 15th. This represents a $1.16 annualized dividend and a dividend yield of 6.50%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for ADN.

Acadian Timber (TSE:ADN) pays an annual dividend of C$1.16 per share and currently has a dividend yield of 6.48%. ADN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ADN.

Based on aggregate information from My MarketBeat watchlists, some companies that other Acadian Timber investors own include Enbridge (ENB), Exchange Income (EIF), Suncor Energy (SU), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), AltaGas (ALA), Automotive Properties Real Est Invt TR (APR.UN), BCE (BCE), Canadian Natural Resources (CNQ) and Cenovus Energy (CVE).

Acadian Timber trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ADN."

Shares of ADN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of ADN stock can currently be purchased for approximately C$17.85.

Acadian Timber (TSE:ADN) has a market capitalization of C$303.99 million and generates C$90.42 million in revenue each year. The company earns C$38.27 million in net income (profit) each year or C$2.26 on an earnings per share basis.

Acadian Timber's mailing address is Suite 1800 - 1055 West Georgia Royal Centre PO Box 11179, VANCOUVER, BC V6E 2R5, Canada. The official website for the company is www.acadiantimber.com. The company can be reached via phone at +1-604-6619143.