TSE:CFP

Canfor - CFP Stock Forecast, Price & News

C$21.72

+0.51 (+2.40%)

(As of 03/31/2023 12:00 AM ET)

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Today's Range: C$21.19
▼
C$21.74
50-Day Range: C$21.21
▼
C$26.98
52-Week Range: C$18.42
▼
C$28.08

Volume: 131,496 shs
Average Volume: 210,807 shs
Market Capitalization: C$2.63 billion

P/E Ratio: 3.43
Dividend Yield: N/A
Price Target: C$32.20

About Canfor (TSE:CFP) Stock

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates through two segments, Lumber, and Pulp and Paper. The company manufactures and sells finger-jointed lumber, engineered wood products, wood chips and pellets, and logs, as well as custom specialty products, including strength-rated trusses, beams, and tongue-and-groove timber; and generates green energy. It also produces and sells pulp and paper products, including bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

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CFP Stock News Headlines

March 1, 2023 | finance.yahoo.com

CANFOR ANNOUNCES 2022 AND FOURTH QUARTER OF 2022 RESULTS

December 20, 2022 | finance.yahoo.com

At CA$21.40, Is It Time To Put Canfor Corporation (TSE:CFP) On Your Watch List?

April 1, 2023 | Investor Place Media (Ad)

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December 5, 2022 | finance.yahoo.com

Canfor Temporarily Curtailing Canadian Production Capacity

October 27, 2022 | finance.yahoo.com

CANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2022

October 17, 2022 | finance.yahoo.com

Canfor Pulp Temporarily Curtailing Intercontinental Pulp Mill - Yahoo Finance

October 17, 2022 | businesswire.com

FourKites Awarded Patent for Unprecedented Visibility into End-to-End Ocean Documentation - Business Wire

October 14, 2022 | forbes.com

Household Finances: Hunt To Chancellor As Kwarteng Carries Can For Turmoil - Forbes

April 1, 2023 | Investor Place Media (Ad)

The "King Of Quants" sees 10X potential...

October 12, 2022 | businessinsider.com

Mark Zuckerberg said Apple charges as much as it can for hardware - Business Insider

October 12, 2022 | globenewswire.com

FourKites Awarded Patent for Unprecedented Visibility into End-to-End Ocean Documentation - GlobeNewswire

October 3, 2022 | businesswire.com

Global Dog Care Market Report to 2026 - Featuring Spectrum Brands Holdings, Tiernahrung Deuerer, Colgate-Palmolive and Royal Canin SAS Among Others - ResearchAndMarkets.com - Business Wire

September 19, 2022 | benzinga.com

Canfor Reducing Production Capacity in British Columbia Through End of 2022 - Benzinga

September 12, 2022 | finance.yahoo.com

Investors in Canfor (TSE:CFP) have made a notable return of 57% over the past three years

September 5, 2022 | finance.yahoo.com

Worldwide Pet Milk Replacement Products Industry to 2030 - Players Include Pet-Ag, Beaphar, Petlife International and Royal Canin Among Others - Yahoo Finance

August 31, 2022 | finance.yahoo.com

Canfor Pulp Products Inc. (TSE:CFX) Shares Could Be 33% Above Their Intrinsic Value Estimate - Yahoo Finance

August 27, 2022 | finance.yahoo.com

Is Canfor (TSE:CFP) A Risky Investment?

August 25, 2022 | finance.yahoo.com

Coca-Cola Consolidated, FedEx, Mary Kay, Nestlé and Other Global Brands Present Live on the Future of Supply Chain Digitization at FourKites Visibility 2022 - Yahoo Finance

August 12, 2022 | businesswire.com

G8 Countries Dog Care Market Report to 2025 - Featuring Mars, Nestle, Royal Canin and Colgate-Palmolive Among Others - ResearchAndMarkets.com - Business Wire

August 11, 2022 | finance.yahoo.com

Empathy for Itch 2022 Launches with 'Pet Check' List for Pet Owners - Yahoo Finance

August 10, 2022 | globenewswire.com

Canto Announces New Hootsuite, Wrike Integrations to Streamline Digital Content Supply Chain - GlobeNewswire

August 7, 2022 | finance.yahoo.com

Is It Time To Consider Buying Canfor Pulp Products Inc. (TSE:CFX)? - Yahoo Finance

August 4, 2022 | theglobeandmail.com

U.S. cuts softwood tariffs by half for Canadian lumber as trade dispute lingers - The Globe and Mail

July 28, 2022 | finance.yahoo.com

CANFOR REPORTS RESULTS FOR SECOND QUARTER OF 2022 - Yahoo Finance

July 28, 2022 | finance.yahoo.com

CANFOR REPORTS RESULTS FOR SECOND QUARTER OF 2022

July 28, 2022 | finance.yahoo.com

Canfor to Invest in New Facility in Alabama

July 19, 2022 | bloomberg.com

West Fraser Pushes Back at Report of CVC-Kronospan Takeover Bid - Bloomberg

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CFP Company Calendar

Last Earnings: 7/26/2017
Today: 3/31/2023
Next Earnings (Estimated): 5/02/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Lumber & Wood Production
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:CFP
CUSIP: N/A
CIK: N/A
Web: www.canfor.com
Phone: +1-604-6615241
Fax: N/A
Employees: 7,391
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$32.20
High Stock Price Forecast: C$40.00
Low Stock Price Forecast: C$28.00
Forecasted Upside/Downside: +48.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$6.33
Trailing P/E Ratio: 3.43
Forward P/E Ratio: 28.74
P/E Growth: N/A
Net Income: C$787.30 million
Net Margins: 10.60%
Pretax Margin: N/A
Return on Equity: 19.63%
Return on Assets: 11.81%

Debt

Debt-to-Equity Ratio: 8.24
Current Ratio: 3.47
Quick Ratio: 2.14

Sales & Book Value

Annual Sales: C$7.43 billion
Price / Sales: 0.35
Cash Flow: C$12.11 per share
Price / Cash Flow: 1.79
Book Value: C$34.87 per share
Price / Book: 0.62

Miscellaneous

Outstanding Shares: 121,060,000
Free Float: N/A
Market Cap: C$2.63 billion
Optionable: Not Optionable
Beta: 2.06

Key Executives

Mr. Donald B. Kayne (Age 64)
Pres, CEO & Director
Comp: $3.25M

Mr. Patrick A. J. Elliott
CFO & Sr. VP of Sustainability

Mr. David M. Calabrigo (Age 63)
Sr. VP of Corp. Devel. & Legal Affairs and Corp. Sec.
Comp: $1.67M

Mr. Kevin Pankratz
Sr. VP of Sales & Marketing

Mr. Stephen MacKie
Exec. VP of North American Operations

Mr. Daniel Barwin
Director of Corp. Fin.

Ms. Michelle Ward
Sr. Director of Communications and Gov. Relations

Ms. Katy Player
Sr. VP of People

Mr. David Trent
Sr. VP of Supply Chain & Digital

Mr. Måns Johansson
Chief Exec. Officer at Vida Group

Key Competitors

View All Competitors

CFP Stock - Frequently Asked Questions

Should I buy or sell Canfor stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last twelve months. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CFP shares.
View CFP analyst ratings or view top-rated stocks.
What is Canfor's stock price forecast for 2023?: 3 Wall Street analysts have issued 1-year target prices for Canfor's shares. Their CFP share price forecasts range from C$28.00 to C$40.00. On average, they anticipate the company's stock price to reach C$32.20 in the next twelve months. This suggests a possible upside of 48.3% from the stock's current price.
View analysts price targets for CFP or view top-rated stocks among Wall Street analysts.
How have CFP shares performed in 2023?: Canfor's stock was trading at C$21.31 at the beginning of 2023. Since then, CFP stock has increased by 1.9% and is now trading at C$21.72.
View the best growth stocks for 2023 here.
When is Canfor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our CFP earnings forecast.
How were Canfor's earnings last quarter?: Canfor Co. (TSE:CFP) issued its earnings results on Wednesday, July, 26th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.26. The business earned $1.19 billion during the quarter. Canfor had a trailing twelve-month return on equity of 19.63% and a net margin of 10.60%.
What other stocks do shareholders of Canfor own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T).

What is Canfor's stock symbol?: Canfor trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CFP."
How do I buy shares of Canfor?: Shares of CFP 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.
Compare Top Brokerages Here.
What is Canfor's stock price today?: One share of CFP stock can currently be purchased for approximately C$21.72.
How much money does Canfor make?: Canfor (TSE:CFP) has a market capitalization of C$2.63 billion and generates C$7.43 billion in revenue each year. The company earns C$787.30 million in net income (profit) each year or C$6.33 on an earnings per share basis.
How many employees does Canfor have?: The company employs 7,391 workers across the globe.
How can I contact Canfor?: Canfor's mailing address is 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The official website for the company is www.canfor.com. The company can be reached via phone at +1-604-6615241.

This page (TSE:CFP) was last updated on 4/1/2023 by MarketBeat.com Staff

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Canfor - CFP Stock Forecast, Price & News

About Canfor (TSE:CFP) Stock

CFP Stock News Headlines

CFP Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CFP Stock - Frequently Asked Questions

About MarketBeat

Popular Tools

Financial Calendars

Terms & Info