S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
BREAKING: Tiny biotech successfully treats blindness (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Bank Accounts: Frozen! (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
BREAKING: Tiny biotech successfully treats blindness (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Bank Accounts: Frozen! (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
BREAKING: Tiny biotech successfully treats blindness (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Bank Accounts: Frozen! (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
BREAKING: Tiny biotech successfully treats blindness (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Bank Accounts: Frozen! (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
TSE:CFP

Canfor - CFP Stock Forecast, Price & News

C$21.72
+0.51 (+2.40%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
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

CFP stock logo

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

The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
CANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2022
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Is Canfor (TSE:CFP) A Risky Investment?
CANFOR REPORTS RESULTS FOR SECOND QUARTER OF 2022
Canfor to Invest in New Facility in Alabama
See More Headlines
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
3/31/2023
Next Earnings (Estimated)
5/02/2023

Industry, Sector and Symbol

Industry
Lumber & Wood Production
Sub-Industry
N/A
CIK
N/A
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

Net Income
C$787.30 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$7.43 billion
Cash Flow
C$12.11 per share
Book Value
C$34.87 per share

Miscellaneous

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













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