TSE:CWX

CanWel Building Materials Group Stock Forecast, Price & News

C$0.23

-8.57 (-97.39 %)

(As of 06/18/2021 12:00 AM ET)

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Today's Range

C$0.22

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C$0.23

50-Day Range

C$0.23

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C$10.72

52-Week Range

C$3.40

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C$10.83

Volume101,476 shs

Average Volume287,451 shs

Market CapitalizationC$19.92 million

P/E Ratio0.19

Dividend Yield5.54%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About CanWel Building Materials Group

CanWel Building Materials Group Ltd., through its subsidiaries, distributes building materials and home renovation products in Canada, Hawaii, and the Western United States. It operates through two segments, Distribution and Forestry. The company sells decking and railing; engineered wood products; fasteners and adhesives; foundation; insulation and wraps; interior finishing; lumber, plywood, OSB, and specialty industrial products; roofing products; treated wood; siding and trim products; and security products, as well as forms and reinforcement products. It also offers wood pressure treating services. In addition, the company is involved in the ownership and management of private timberlands and Crown forest licenses; logging and trucking operations; and post-peeling and pressure treating for the agricultural market. The company serves new home construction, home renovation, and industrial markets, as well as building materials industry, hardware stores, and industrial and furniture manufacturers. CanWel Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, Canada.

CanWel Building Materials Group (TSE:CWX) Shares Cross Above Two Hundred Day Moving Average of $0.00
June 18, 2021 | americanbankingnews.com

CanWel Building Materials Group (TSE:CWX) Share Price Passes Above Two Hundred Day Moving Average of $0.00
June 10, 2021 | americanbankingnews.com

Canada’s Doman Expands in U.S. After Buying Texas Lumber Firm
June 4, 2021 | finance.yahoo.com

IIROC Trading Halt - DBM
June 4, 2021 | finance.yahoo.com

CanWel Building Materials Group Ltd. (TSE:CWX) Given Consensus Recommendation of "Buy" by Analysts
May 30, 2021 | americanbankingnews.com

CanWel Building Materials Group Ltd. Announces Corporate Name Change To Doman Building Materials Group Ltd. Effective May 31, 2021
May 27, 2021 | finance.yahoo.com

CanWel Building Materials First Quarter 2021 Financial Results
May 7, 2021 | finance.yahoo.com

CanWel Building Materials Group Ltd.'s (TSE:CWX) CEO Will Probably Have Their Compensation Approved By Shareholders
May 6, 2021 | finance.yahoo.com

Analysts Just Made A Substantial Upgrade To Their CanWel Building Materials Group Ltd. (TSE:CWX) Forecasts
April 24, 2021 | finance.yahoo.com

IIROC Trade Resumption - CWX
April 22, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Building Materials
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:CWX
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.canwel.com
Phone+1-604-4321400
Employees1,232
Year FoundedN/A

Sales & Book Value

Annual SalesC$1.81 billion
Price / Sales0.01
Cash FlowC$0.00 per share
Price / Cash Flow368.70
Book ValueC$4.63 per share
Price / Book0.05

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares86,622,000
Market CapC$19.92 million
Next Earnings Date7/28/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.18 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
CanWel Building Materials Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$11.18, CanWel Building Materials Group has a forecasted upside of 4,760.2% from its current price of C$0.23.
Amount of Analyst Coverage
CanWel Building Materials Group has only been the subject of 4 research reports in the past 90 days.

3.0 Community Rank

Outperform Votes
CanWel Building Materials Group has received 415 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CanWel Building Materials Group has received 286 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CanWel Building Materials Group has received 59.20% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CanWel Building Materials Group and other stocks. Vote “Outperform” if you believe CWX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CWX will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
CanWel Building Materials Group is a leading dividend payer. It pays a dividend yield of 5.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CanWel Building Materials Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of CanWel Building Materials Group is 41.95%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CanWel Building Materials Group insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CanWel Building Materials Group is 0.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 30.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of CanWel Building Materials Group is 0.19, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 29.23.
Price to Book Value per Share Ratio
CanWel Building Materials Group has a P/B Ratio of 0.05. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

CanWel Building Materials Group (TSE:CWX) Frequently Asked Questions

Is CanWel Building Materials Group a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CanWel Building Materials Group in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CanWel Building Materials Group stock.
View analyst ratings for CanWel Building Materials Group or view top-rated stocks.

What stocks does MarketBeat like better than CanWel Building Materials Group?

Wall Street analysts have given CanWel Building Materials Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CanWel Building Materials Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is CanWel Building Materials Group's next earnings date?

CanWel Building Materials Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for CanWel Building Materials Group.

How were CanWel Building Materials Group's earnings last quarter?

CanWel Building Materials Group Ltd. (TSE:CWX) issued its earnings results on Friday, May, 7th. The company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.12. The business earned $519.93 million during the quarter, compared to the consensus estimate of $467 million.
View CanWel Building Materials Group's earnings history.

How has CanWel Building Materials Group's stock been impacted by COVID-19?

CanWel Building Materials Group's stock was trading at C$4.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CWX shares have decreased by 94.6% and is now trading at C$0.23.
View which stocks have been most impacted by COVID-19.

How often does CanWel Building Materials Group pay dividends? What is the dividend yield for CanWel Building Materials Group?

CanWel Building Materials Group declared a quarterly dividend on Tuesday, March 30th. Investors of record on Thursday, April 15th will be paid a dividend of 0.12 per share on Thursday, April 15th. This represents a $0.48 annualized dividend and a dividend yield of 208.70%. The ex-dividend date is Tuesday, March 30th.
View CanWel Building Materials Group's dividend history.

Is CanWel Building Materials Group a good dividend stock?

CanWel Building Materials Group pays an annual dividend of C$0.50 per share and currently has a dividend yield of 5.54%. CWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of CanWel Building Materials Group is 41.95%. This payout ratio is at a healthy, sustainable level, below 75%.
View CanWel Building Materials Group's dividend history.

What price target have analysts set for CWX?

5 brokerages have issued 1 year price objectives for CanWel Building Materials Group's stock. Their forecasts range from C$9.00 to C$12.25. On average, they expect CanWel Building Materials Group's stock price to reach C$11.18 in the next twelve months. This suggests a possible upside of 4,760.2% from the stock's current price.
View analysts' price targets for CanWel Building Materials Group or view top-rated stocks among Wall Street analysts.

Who are CanWel Building Materials Group's key executives?

CanWel Building Materials Group's management team includes the following people:

Mr. Amardeip Singh Doman, Chairman & CEO
Mr. Marc Seguin, Pres & Director
Mr. James S. Code CPA, CA., B.B.A., Chief Financial Officer
Mr. Stephen W. Marshall B.A., HBA, BA, VP of Treated Wood - CanWel Treating Division & Director
Mr. John Russell, Pres of CanWel US Division
Ali Mahdavi, Head of Investor Relations
Mr. R. S. Doman L.L.B., B.Comm, M.B.A., LL.B., Gen. Counsel & Corp. Sec. (Age 51)
Mr. Michel Walsh, Director of Products & Marketing
Julie Wong, Director of HR

Who are some of CanWel Building Materials Group's key competitors?

Some companies that are related to CanWel Building Materials Group include CEMATRIX (CVX), Titon (TON), Samuel Heath & Sons (HSM), Genuit Group (PLP), Adbri (ADLDY), Adbri (ADBCF), Armstrong Flooring (AFI), Basanite (BASA), Boral (BOALY), Boral (BLD), Buzzi Unicem (BZZUY), Cementos Argos (CMTOY), China National Building Material (CBUMY), Compagnie de Saint-Gobain (SGO) and Concrete Leveling Systems (CLEV).
View all of CWX's competitors.

What other stocks do shareholders of CanWel Building Materials Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CanWel Building Materials Group investors own include Inter Pipeline (IPL), American Hotel Income Properties REIT (HOT.UN), Corus Entertainment (CJR.B), Superior Plus (SPB), Chemtrade Logistics Income Fund (CHE.UN), SNC-Lavalin Group (SNC), Cominar REIT (CUF.UN), Extendicare (EXE), Innergex Renewable Energy (INE) and (STB.TO) (STB).

What is CanWel Building Materials Group's stock symbol?

CanWel Building Materials Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CWX."

How do I buy shares of CanWel Building Materials Group?

Shares of CWX 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 CanWel Building Materials Group's stock price today?

One share of CWX stock can currently be purchased for approximately C$0.23.

How much money does CanWel Building Materials Group make?

CanWel Building Materials Group has a market capitalization of C$19.92 million and generates C$1.81 billion in revenue each year.

How many employees does CanWel Building Materials Group have?

CanWel Building Materials Group employs 1,232 workers across the globe.

What is CanWel Building Materials Group's official website?

The official website for CanWel Building Materials Group is www.canwel.com.

Where are CanWel Building Materials Group's headquarters?

CanWel Building Materials Group is headquartered at Suite 1100 - 1055 West Georgia Street, VANCOUVER, BC V6E 3P3, Canada.

How can I contact CanWel Building Materials Group?

CanWel Building Materials Group's mailing address is Suite 1100 - 1055 West Georgia Street, VANCOUVER, BC V6E 3P3, Canada. The company can be reached via phone at +1-604-4321400.

This page was last updated on 6/20/2021 by MarketBeat.com Staff

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