TSE:CFP

Canfor (CFP) Stock Forecast, Price & News

C$19.23

-0.50 (-2.53%)

(As of 03:45 PM ET)

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Today's Range: C$19.05
▼
C$19.69
50-Day Range: C$19.61
▼
C$22.10
52-Week Range: C$18.42
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C$28.08

Volume: 136,901 shs
Average Volume: 185,026 shs
Market Capitalization: C$2.32 billion

P/E Ratio: 20.68
Dividend Yield: N/A
Price Target: C$28.20

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Social Media

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

May 23, 2023 | theglobeandmail.com

Closing Bell: Canfor Corp down on Friday (CFP)

May 10, 2023 | americanbankingnews.com

Raymond James Comments on Canfor Co.'s Q3 2023 Earnings (TSE:CFP)

May 31, 2023 | Edge On The Street (Ad)

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May 9, 2023 | americanbankingnews.com

Canfor (TSE:CFP) Price Target Cut to C$27.00

May 8, 2023 | americanbankingnews.com

Canfor (TSE:CFP) PT Lowered to C$27.00 at Royal Bank of Canada

May 7, 2023 | finance.yahoo.com

Canfor First Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags

May 7, 2023 | americanbankingnews.com

Canfor (TSE:CFP) PT Lowered to C$29.00 at Scotiabank

May 6, 2023 | finance.yahoo.com

Analysts Are Updating Their Canfor Corporation (TSE:CFP) Estimates After Its First-Quarter Results

May 31, 2023 | UNKNOWN (Ad)

Highly Profitable Restaurant Brand Expands to Canada

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May 5, 2023 | americanbankingnews.com

Canfor (TSE:CFP) Price Target Lowered to C$32.00 at Raymond James

May 5, 2023 | americanbankingnews.com

Canfor (TSE:CFP) Given New C$26.00 Price Target at TD Securities

May 3, 2023 | finance.yahoo.com

CANFOR REPORTS RESULTS FOR FIRST QUARTER OF 2023

May 3, 2023 | americanbankingnews.com

Canfor (CFP) Scheduled to Post Earnings on Thursday

April 26, 2023 | finance.yahoo.com

Recent 5.0% pullback isn't enough to hurt long-term Canfor (TSE:CFP) shareholders, they're still up 119% over 3 years

April 14, 2023 | theglobeandmail.com

Closing Bell: Canfor Corp up on Friday (CFP)

April 11, 2023 | theglobeandmail.com

Closing Bell: Canfor Corp up on Monday (CFP)

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?

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 19, 2022 | yahoo.com

Elizabeth McCracken on Brit Bennett, 'Bel Canto,' and the Book That She Always Recommends - Yahoo Life

October 18, 2022 | dailymail.co.uk

Bayern Munich's Sadio Mane delivers heart-warming speech after winning the Socrates Award - Daily Mail

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

October 13, 2022 | macrumors.com

Zuckerberg: Apple 'Charges As Much As It Can' for Hardware, But Meta Is Willing to Sell at a Loss to Grow the Metaverse - MacRumors

October 12, 2022 | businessinsider.com

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

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CFP Company Calendar

Last Earnings: 7/26/2017
Today: 5/31/2023
Next Earnings (Estimated): 7/27/2023

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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$28.20
High Stock Price Forecast: C$32.00
Low Stock Price Forecast: C$26.00
Forecasted Upside/Downside: +42.9%
Consensus Rating: Buy
Rating Score (0-4): 3.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.93
Trailing P/E Ratio: 21.22
Forward P/E Ratio: 26.11
P/E Growth: N/A
Net Income: C$111.30 million
Net Margins: 1.69%
Pretax Margin: N/A
Return on Equity: 3.21%
Return on Assets: 2.63%

Debt

Debt-to-Equity Ratio: 8.49
Current Ratio: 3.20
Quick Ratio: 2.14

Sales & Book Value

Annual Sales: C$6.60 billion
Price / Sales: 0.36
Cash Flow: C$11.00 per share
Price / Cash Flow: 1.79
Book Value: C$33.81 per share
Price / Book: 0.58

Miscellaneous

Outstanding Shares: 120,650,000
Free Float: N/A
Market Cap: C$2.38 billion
Optionable: Not Optionable
Beta: 2.05

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?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 3 buy ratings 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?: 4 Wall Street analysts have issued 12-month price objectives for Canfor's stock. Their CFP share price forecasts range from C$26.00 to C$32.00. On average, they predict the company's stock price to reach C$28.20 in the next twelve months. This suggests a possible upside of 42.9% 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 the year. Since then, CFP shares have decreased by 7.4% and is now trading at C$19.73.
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 Thursday, July 27th 2023.
View our CFP earnings forecast.
How were Canfor's earnings last quarter?: Canfor Co. (TSE:CFP) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate 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 3.21% and a net margin of 1.69%.
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$19.73.
How much money does Canfor make?: Canfor (TSE:CFP) has a market capitalization of C$2.38 billion and generates C$6.60 billion in revenue each year. The company earns C$111.30 million in net income (profit) each year or C$0.93 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 5/31/2023 by MarketBeat.com Staff

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