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.

Overall MarketRank^™

2.03 out of 5 stars

3.4 Analyst's Opinion

Consensus Rating
CanWel Building Materials Group has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$10.96, CanWel Building Materials Group has a forecasted upside of 12.1% from its current price of C$9.78.
Amount of Analyst Coverage
CanWel Building Materials Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
CanWel Building Materials Group has received 414 “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 59.14% “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 4.90%, 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 67.97%. 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.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CanWel Building Materials Group is 12.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of CanWel Building Materials Group is 12.78, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 32.16.
Price to Book Value per Share Ratio
CanWel Building Materials Group has a P/B Ratio of 2.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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 1 hold rating and 4 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 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 CanWel Building Materials Group wasn't one of them. MarketBeat thinks these five stocks 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 Thursday, July 29th 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) announced its quarterly earnings data on Thursday, March, 11th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.16 by $0.04. The company had revenue of $401.98 million for the quarter, compared to analysts' expectations of $367.07 million.
View CanWel Building Materials Group's earnings history.

How has CanWel Building Materials Group's stock price been impacted by Coronavirus?

CanWel Building Materials Group's stock was trading at C$4.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CWX stock has increased by 130.7% and is now trading at C$9.78.
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. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date of this dividend 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$0.52 per share and currently has a dividend yield of 4.90%. 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 67.97%. 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 equities research analysts have issued twelve-month price objectives for CanWel Building Materials Group's shares. Their forecasts range from C$9.00 to C$12.25. On average, they anticipate CanWel Building Materials Group's share price to reach C$10.96 in the next year. This suggests a possible upside of 12.1% 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 Breedon Group (BREE), Tyman (TYMN), Ibstock (IBST), Volution Group (FAN), Forterra (FORT), SigmaRoc (SRC), Centrotec (CEV), PFB (PFB), Michelmersh Brick (MBH), Brampton Brick (BBL.A), The Alumasc Group (ALU), CEMATRIX (CVX), Titon (TON), Samuel Heath & Sons (HSM) and Genuit Group (PLP).
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$9.78.

How much money does CanWel Building Materials Group make?

CanWel Building Materials Group has a market capitalization of C$762.81 million and generates C$1.61 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 5/9/2021 by MarketBeat.com Staff

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