Canfor Pulp Products Inc. (CFX.TO) Stock Forecast, Price & News

Canfor Pulp Products Inc. (CFX.TO)'s stock was trading at C$5.35 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CFX shares have increased by 72.9% and is now trading at C$9.25.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor Pulp Products Inc. (CFX.TO) in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Canfor Pulp Products Inc. (CFX.TO) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFX, but not buy additional shares or sell existing shares.
View analyst ratings for Canfor Pulp Products Inc. (CFX.TO) or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Canfor Pulp Products Inc. (CFX.TO) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canfor Pulp Products Inc. (CFX.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Canfor Pulp Products Inc. (CFX.TO) is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Canfor Pulp Products Inc. (CFX.TO).

Canfor Pulp Products Inc. (CFX.TO) (TSE:CFX) issued its quarterly earnings results on Thursday, October, 22nd. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.23) by $0.05. The company earned $226.40 million during the quarter.
View Canfor Pulp Products Inc. (CFX.TO)'s earnings history.

Canfor Pulp Products Inc. (CFX.TO) declared a quarterly dividend on Thursday, February 20th. Investors of record on Wednesday, March 4th will be paid a dividend of 0.063 per share on Wednesday, March 11th. This represents a $0.25 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend is Tuesday, March 3rd.
View Canfor Pulp Products Inc. (CFX.TO)'s dividend history.

Canfor Pulp Products Inc. (CFX.TO) pays an annual dividend of C$0.13 per share and currently has a dividend yield of 4.76%. CFX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Canfor Pulp Products Inc. (CFX.TO)'s dividend history.

4 analysts have issued twelve-month price targets for Canfor Pulp Products Inc. (CFX.TO)'s stock. Their forecasts range from C$6.00 to C$9.50. On average, they expect Canfor Pulp Products Inc. (CFX.TO)'s stock price to reach C$7.70 in the next twelve months. This suggests that the stock has a possible downside of 16.8%.
View analysts' price targets for Canfor Pulp Products Inc. (CFX.TO) or view Wall Street analyst' top-rated stocks.

Some companies that are related to Canfor Pulp Products Inc. (CFX.TO) include Domtar Co. (UFS.TO) (UFS), Cascades Inc. (CAS.TO) (CAS), Resolute Forest Products Inc. (RFP.TO) (RFP), Veritiv (VRTV), James Cropper PLC (CRPR.L) (CRPR), Supremex Inc. (SXP.TO) (SXP), Sugarmade (SGMD), Canfor Pulp Products (CFPUF), Cascades (CADNF), Holmen AB (publ) (HLMNY), Lee and Man Paper Manufacturing (LMPMY), Mercer International Inc. (AEZ.F) (AEZ), Nine Dragons Paper (NDGPF), Spicers (SRS) and The Navigator Company, S.A. (NVG.LS) (NVG).
View all of CFX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor Pulp Products Inc. (CFX.TO) investors own include Canfor Co. (CFP.TO) (CFP), West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Eldorado Gold (EGO), Manulife Financial Co. (MFC.TO) (MFC), Norbord Inc. (OSB.TO) (OSB), Alimentation Couche-Tard (ATD.B), Dream Global REIT (DRG.UN), CGI (GIB.A), Interfor Co. (IFP.TO) (IFP) and Kirkland Lake Gold Ltd. (KL.TO) (KL).

Canfor Pulp Products Inc. (CFX.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CFX."

Shares of CFX 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.

One share of CFX stock can currently be purchased for approximately C$9.25.

Canfor Pulp Products Inc. (CFX.TO) has a market capitalization of C$603.41 million and generates C$1.00 billion in revenue each year. Canfor Pulp Products Inc. (CFX.TO) employs 1,292 workers across the globe.

The official website for Canfor Pulp Products Inc. (CFX.TO) is www.canforpulp.com.

Canfor Pulp Products Inc. (CFX.TO)'s mailing address is 230-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The company can be reached via phone at +1-604-6615241.