Fortress Paper Company Profile (TSE:FTP)

About Fortress Paper (TSE:FTP)

Fortress Paper logoFortress Paper Ltd. is a Canada-based producer of specialty pulp, security papers and other security related products. The Company operates through two segments: the Dissolving Pulp and the Security Paper Products. The Company operates its dissolving pulp business through the Fortress Specialty Cellulose (FSC) mill located in Thurso, Quebec, Canada, which also operates in the renewable energy generation sector through its cogeneration facility. The Company is engaged in the production of dissolving pulp for viscose/rayon manufacturers in Asia. The Company operates its security paper products business through the Landqart mill located in Switzerland, where it produces banknote, passport, visa and other brand protection and security papers. The FSC mill has an annual production capacity of approximately 200,000 tons of dissolving pulp. The Company offers security composite banknote paper under the brand name, Durasafe.

Industry, Sector and Symbol:
  • Sector: Consumer Goods
  • Industry: Paper & Paper Products
  • Sub-Industry: N/A
  • Symbol: TSE:FTP
  • CUSIP: N/A
  • Web:
  • Market Cap: C$61.15 million
  • Outstanding Shares: 14,288,000
Average Prices:
  • 50 Day Moving Avg: C$4.96
  • 200 Day Moving Avg: C$6.14
  • 52 Week Range: C$4.25 - C$8.70
  • Trailing P/E Ratio: 7.66
  • P/E Growth: -0.30
Sales & Book Value:
  • Annual Revenue: C$342.07 million
  • Price / Sales: 0.18
  • Book Value: C$14.71 per share
  • Price / Book: 0.29
  • EBITDA: C$24.68 million
  • Net Margins: -2.41%
  • Return on Equity: -3.95%
  • Return on Assets: -1.70%
  • Average Volume: 9,532 shs.
  • Short Ratio: 19.43

Frequently Asked Questions for Fortress Paper (TSE:FTP)

What is Fortress Paper's stock symbol?

Fortress Paper trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FTP."

When will Fortress Paper make its next earnings announcement?

Fortress Paper is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Fortress Paper.

Where is Fortress Paper's stock going? Where will Fortress Paper's stock price be in 2017?

2 brokerages have issued 1-year price objectives for Fortress Paper's shares. Their predictions range from C$6.00 to C$8.00. On average, they expect Fortress Paper's stock price to reach C$7.00 in the next twelve months. View Analyst Ratings for Fortress Paper.

Who are some of Fortress Paper's key competitors?

Who are Fortress Paper's key executives?

Fortress Paper's management team includes the folowing people:

  • Chadwick Wasilenkoff, Executive Chairman of the Board, President, Chief Executive Officer
  • Yvon Pelletier, President, Chief Executive Officer
  • Kurt Loewen, Chief Financial Officer
  • Danial Buckle, Finance Director, Corporate Secretary
  • Giovanni Iadeluca, President, Dissolving Pulp Segment
  • Axel W. Wappler, Chief Executive Officer - Security Paper Products Business
  • Marco Veilleux, Vice President - Business Development and Strategic Projects
  • Joe Nemeth, Lead Independent Director
  • Gerry Gaetz, Director
  • Ezra M. Gardner, Director

How do I buy Fortress Paper stock?

Shares of Fortress Paper and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Fortress Paper's stock price today?

One share of Fortress Paper stock can currently be purchased for approximately C$4.28.

MarketBeat Community Rating for Fortress Paper (TSE FTP)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  79 (Vote Outperform)
Underperform Votes:  166 (Vote Underperform)
Total Votes:  245
MarketBeat's community ratings are surveys of what our community members think about Fortress Paper and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Fortress Paper (TSE:FTP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$7.00
Consensus Price Target History for Fortress Paper (TSE:FTP)
Price Target History for Fortress Paper (TSE:FTP)
Analysts' Ratings History for Fortress Paper (TSE:FTP)
DateFirmActionRatingPrice TargetDetails
5/15/2017Raymond James Financial, Inc.Lower Price TargetOutperformC$9.00 -> C$8.00View Rating Details
11/16/2016ScotiabankBoost Price TargetUnderperformC$4.50 -> C$6.00View Rating Details
(Data available from 10/21/2015 forward)


Earnings History for Fortress Paper (TSE:FTP)
Earnings by Quarter for Fortress Paper (TSE:FTP)
Earnings History by Quarter for Fortress Paper (TSE FTP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/6/2014C($0.83)C($1.26)C$67.26 millionViewN/AView Earnings Details
5/12/2014C($0.83)C($1.67)C$53.86 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Fortress Paper (TSE:FTP)
2017 EPS Consensus Estimate: $0.71
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.10$0.18$0.14
Q2 20172$0.07$0.15$0.11
Q3 20171$0.15$0.15$0.15
Q4 20171$0.31$0.31$0.31
(Data provided by Zacks Investment Research)


Dividend History for Fortress Paper (TSE:FTP)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Fortress Paper (TSE:FTP)
Insider Trades by Quarter for Fortress Paper (TSE:FTP)
Insider Trades by Quarter for Fortress Paper (TSE:FTP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/19/2017Ezra GardnerDirectorBuy1,400C$5.35C$7,490.00
9/18/2017Ezra GardnerDirectorBuy2,000C$5.25C$10,500.00
9/15/2017Ezra GardnerDirectorBuy1,500C$5.28C$7,920.00
9/14/2017Ezra GardnerDirectorBuy800C$5.21C$4,168.00
9/13/2017Ezra GardnerDirectorBuy600C$5.30C$3,180.00
9/12/2017Ezra GardnerDirectorBuy2,000C$5.11C$10,220.00
5/16/2017Marco VeilleuxDirectorSell700C$6.26C$4,382.00
3/31/2017Giovanni IadelucaDirectorBuy2,200C$8.26C$18,172.00
3/30/2017Ezra GardnerDirectorBuy600C$8.25C$4,950.00
3/29/2017Ezra GardnerDirectorBuy1,900C$8.16C$15,504.00
3/28/2017Ezra GardnerDirectorBuy800C$8.05C$6,440.00
3/27/2017Ezra GardnerDirectorBuy5,000C$8.16C$40,800.00
6/8/2016Marco VeilleuxDirectorSell2,200C$3.59C$7,898.00
6/7/2016Yvon PelletierDirectorBuy44,600C$3.90C$173,940.00
9/11/2015Kurt LoewenInsiderSell3,750C$4.70C$17,625.00
(Data available from 1/1/2013 forward)


Headline Trends for Fortress Paper (TSE:FTP)
Latest Headlines for Fortress Paper (TSE:FTP)
DateHeadline logoFortress Paper to Release Third Quarter 2017 Earnings - October 20 at 7:58 PM logoToday's Research Reports on Fortress Paper, Gendis Inc., Geodrill Limited and Gibson Energy Inc. - October 18 at 8:16 PM logoFortress Paper restarts production at its dissolving pulp mill - October 10 at 4:35 PM logoFortress Paper provides update on auxiliary system failure at its dissolving pulp mill - October 2 at 2:17 PM logoInsider Buying: Fortress Paper Ltd. (FTP) Director Acquires 2,000 Shares of Stock - September 22 at 10:36 PM logoFortress Paper reports auxiliary system failure at its dissolving pulp mill - September 22 at 8:01 AM logoFortress Paper Ltd. (FTP) Director Buys C$10,220.00 in Stock - September 15 at 10:46 PM logoShould You Buy Fortress Paper Ltd (TSX:FTP) At $5.1? - September 13 at 11:34 PM logoFortress Paper Ltd. :FTP-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017 - August 18 at 6:46 PM logoEdited Transcript of FTP.TO earnings conference call or presentation 15-Aug-17 1:00pm GMT - August 16 at 12:32 AM logoFortress Paper Reports Second Quarter 2017 Results and CEO Retirement - August 15 at 12:15 AM logoFortress Paper Ltd. (FTP) to Release Earnings on Monday - August 7 at 7:28 AM logoFortress Paper Ltd. :FTP-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017 - August 4 at 7:05 PM logoFortress Paper to Release Second Quarter 2017 Earnings - July 21 at 11:14 PM logoGlobal Banknote Market Report: 2017 Edition - Research and Markets - July 12 at 7:32 PM logoQ4 2016 Fortress Paper Ltd Earnings Release - After Market Close - March 20 at 7:24 PM logoFortress Paper to Release Fourth Quarter 2016 Earnings - Benzinga - February 22 at 11:14 AM logoFortress Paper to Release Fourth Quarter 2016 Earnings - February 21 at 8:16 PM logoRocky Mountain, Fortress at 52-Week High - - January 21 at 5:15 PM logoCanadian Stocks Are Down Slightly Despite Rising Resources - Canadian Commentary - RTT News - January 19 at 3:49 AM logoFortress Paper Announces Amendment to Investissement Quebec Warrants - MarketWatch - December 12 at 10:30 PM logoQ3 2016 Fortress Paper Ltd Earnings Release - After Market Close - November 14 at 9:05 AM



Fortress Paper (FTP) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by Staff

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