TSE:CFP

Canfor - CFP Stock Forecast, Price & News

C$21.75

-0.13 (-0.59%)

(As of 03/27/2023 12:00 AM ET)

Add

Compare

Today's Range: C$21.43
▼
C$21.97
50-Day Range: C$21.09
▼
C$26.98
52-Week Range: C$18.42
▼
C$28.08

Volume: 108,316 shs
Average Volume: 215,121 shs
Market Capitalization: C$2.63 billion

P/E Ratio: 3.31
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.

Receive CFP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canfor and its competitors with MarketBeat's FREE daily newsletter.

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?

March 27, 2023 | Weiss Ratings (Ad)

Urgent Warning

This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …

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

March 27, 2023 | Oxford Club (Ad)

My No. 1 dividend stock for a LIFETIME of income.

Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.

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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive CFP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canfor and its competitors with MarketBeat's FREE daily newsletter.

CFP Company Calendar

Last Earnings: 7/26/2017
Today: 3/27/2023
Next Earnings (Estimated): 5/02/2023

Get Stock Alerts

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: +49.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$6.57
Trailing P/E Ratio: 3.28
Forward P/E Ratio: 28.56
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$12.03 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$2.61 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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 12-month price targets for Canfor's stock. 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 49.2% 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 shares have increased by 1.3% and is now trading at C$21.58.
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) announced its earnings results on Wednesday, July, 26th. The company reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.26. The business had revenue of $1.19 billion for the quarter. Canfor had a net margin of 10.60% and a trailing twelve-month return on equity of 19.63%.
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$21.58.
How much money does Canfor make?: Canfor (TSE:CFP) has a market capitalization of C$2.61 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$6.57 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 3/27/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

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