Fortress Paper Company Profile (TSE:FTP)

About Fortress Paper

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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: FTP
  • CUSIP:
Key Metrics:
  • Previous Close: $8.17
  • 50 Day Moving Average: $8.06
  • 200 Day Moving Average: $6.54
  • 52-Week Range: C$14,157,000.00 - C$2.84
  • Trailing P/E Ratio: 11.86
  • P/E Growth: 0.07
  • Market Cap: $115.66M
  • Outstanding Shares: 14,157,000
Additional Links:

Analyst Ratings

Consensus Ratings for Fortress Paper (TSE:FTP) (?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$7.00

Analysts' Ratings History for Fortress Paper (TSE:FTP)
Show:
DateFirmActionRatingPrice TargetDetails
11/16/2016ScotiabankBoost Price TargetUnderperformC$4.50 -> C$6.00View Rating Details
9/28/2016Raymond James Financial, Inc.UpgradeMarket Perform -> OutperformC$5.00 -> C$8.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Fortress Paper (TSE:FTP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/7/2017        
8/8/2014($0.83)($1.26)ViewN/AView Earnings Details
5/14/2014($0.83)($1.67)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fortress Paper (TSE:FTP)
Current Year EPS Consensus Estimate: $0.93 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.11$0.11$0.11
Q2 20161$0.07$0.07$0.07
Q3 20162($0.06)$0.08$0.01
Q4 20162$0.02$0.19$0.11
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)

Dividends

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

Insider Trades

Insider Trading History for Fortress Paper (TSE:FTP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Fortress Paper (TSE:FTP)
DateHeadline
marketwired.com logoFortress Paper to Release Fourth Quarter 2016 Earnings - Marketwired (press release) (TSE:FTP)
www.marketwired.com - February 23 at 3:35 AM
4-traders.com logoFortress Paper : to Release Fourth Quarter 2016 Earnings (TSE:FTP)
www.4-traders.com - February 22 at 10:35 PM
benzinga.com logoFortress Paper to Release Fourth Quarter 2016 Earnings - Benzinga (TSE:FTP)
www.benzinga.com - February 22 at 11:14 AM
feeds.benzinga.com logoFortress Paper to Release Fourth Quarter 2016 Earnings (TSE:FTP)
feeds.benzinga.com - February 21 at 8:16 PM
News IconIs Momentum Mounting for Fortress Paper Ltd. (FTP.TO) - Rives Journal (TSE:FTP)
rivesjournal.com - February 7 at 3:43 PM
marketwired.com logoFortress Paper Announces Early Repayment of $25000000 Debenture - Marketwired (press release) (TSE:FTP)
www.marketwired.com - February 4 at 10:26 PM
finance.yahoo.com logoFortress Paper Announces Early Repayment of $25,000,000 Debenture (TSE:FTP)
finance.yahoo.com - February 3 at 5:43 PM
News IconF-Score Review on Shares of Fortress Paper Ltd. (TSX:FTP) - Gilbert Daily (TSE:FTP)
gilbertdaily.com - January 28 at 5:09 AM
News IconCalibrating the Trade: Watching Technicals on Shares of Fortress Paper Ltd. (FTP.TO) - Rives Journal (TSE:FTP)
rivesjournal.com - January 26 at 3:27 PM
baystreet.ca logoRocky Mountain, Fortress at 52-Week High - Baystreet.ca (TSE:FTP)
www.baystreet.ca - January 21 at 5:15 PM
finance.yahoo.com logoFortress Paper Announces $40,000,000 Credit Agreement (TSE:FTP)
finance.yahoo.com - January 20 at 6:38 PM
rttnews.com logoCanadian Stocks Are Down Slightly Despite Rising Resources - Canadian Commentary - RTT News (TSE:FTP)
www.rttnews.com - January 19 at 3:49 AM
finance.yahoo.com logoFortress Paper Adopts Shareholder Rights Plan (TSE:FTP)
finance.yahoo.com - January 17 at 7:47 AM
finance.yahoo.com logoFortress Paper Announces Agreement With its Executive Chairman (TSE:FTP)
finance.yahoo.com - December 20 at 9:41 PM
News IconStock Review: ADX, MA, RSI Numbers in View for Fortress Paper Ltd. (FTP.TO) - Wall Street Confidential (TSE:FTP)
wsconfidential.com - December 18 at 5:26 PM
News IconInvestor Circle: Watching the Numbers on Shares of Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 17 at 3:53 AM
News IconMF Rank Review for Fortress Paper Ltd. (TSX:FTP) - Highland Digest (TSE:FTP)
highlanddigest.com - December 17 at 3:53 AM
News IconCCI Level Review on Fortress Paper Ltd. (FTP.TO) - Wall Street Confidential (TSE:FTP)
wsconfidential.com - December 17 at 3:53 AM
News IconVolatility Watch on Shares of Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 14 at 4:21 PM
News IconValue Focus: Following the Numbers for Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 14 at 4:21 PM
News IconLevels in View for Fortress Paper Ltd. (TSX:FTP) - Highland Digest (TSE:FTP)
highlanddigest.com - December 14 at 4:21 PM
marketwired.com logoFortress Paper Announces Amendment to Investissement Quebec Warrants - Marketwired (press release) (TSE:FTP)
www.marketwired.com - December 13 at 11:08 AM
marketwatch.com logoFortress Paper Announces Amendment to Investissement Quebec Warrants - MarketWatch (TSE:FTP)
www.marketwatch.com - December 12 at 10:30 PM
News IconValue Score in View for Fortress Paper Ltd. (TSX:FTP) - Highland Digest (TSE:FTP)
highlanddigest.com - December 12 at 10:30 PM
finance.yahoo.com logoFortress Paper Announces Amendment to Investissement Quebec Warrants (TSE:FTP)
finance.yahoo.com - December 12 at 11:34 AM
News IconLevels in View on Shares of Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 9 at 5:34 PM
News IconStock Corner: Tracking Metrics for Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 9 at 5:34 PM
News IconStock Review for Fortress Paper Ltd. (TSX:FTP) - Highland Digest (TSE:FTP)
highlanddigest.com - December 9 at 5:34 PM
News IconWatching the Numbers for Fortress Paper Ltd. (TSX:FTP) - Highland Digest (TSE:FTP)
highlanddigest.com - December 9 at 5:34 PM
News IconStock in Focus: Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 4 at 4:53 PM
News IconFollowing FCF Scores for Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 4 at 4:53 PM
News IconShares in Focus: Fortress Paper Ltd. (FTP.TO) - Wall Street Confidential (TSE:FTP)
wsconfidential.com - December 4 at 4:53 PM
News IconROIC Watch for Fortress Paper Ltd. (TSX:FTP) - Highland Digest (TSE:FTP)
highlanddigest.com - December 2 at 8:38 AM
News IconFCF Score Review for Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 1 at 5:26 PM
News IconValue Composite Score Update on Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 1 at 5:26 PM
News IconLooking at the Numbers for Fortress Paper Ltd. (TSX:FTP) - Stock Newsweek (TSE:FTP)
stocknewsweek.com - December 1 at 5:26 PM
News IconFortress Paper Announces Hemicellulose Separation Project at its Dissolving Pulp Mill - Yahoo Sports (TSE:FTP)
sports.yahoo.com - November 30 at 8:55 AM
News IconMarket Scope: Taking a Look at Fortress Paper Ltd. (TSX:FTP ... - Highland Digest (TSE:FTP)
highlanddigest.com - November 30 at 8:55 AM
finance.yahoo.com logoFortress Paper Announces Hemicellulose Separation Project at its Dissolving Pulp Mill (TSE:FTP)
finance.yahoo.com - November 29 at 5:08 PM
capitalcube.com logoFortress Paper Ltd. :FTP-CA: Earnings Analysis: Q3, 2016 By the Numbers : November 29, 2016 (TSE:FTP)
www.capitalcube.com - November 29 at 5:08 PM
News IconRegulatory News: Clas Ohlson (STO:CLASB): Sales increased by 5 per cent in October to 681 MSEK (652) (TSE:FTP)
www.ad-hoc-news.de - November 15 at 8:29 AM
4-traders.com logoFortress Paper : Announces $19.7 Million Investment in Birch Project at Its Dissolving Pulp Mill (TSE:FTP)
www.4-traders.com - November 15 at 8:29 AM
finance.yahoo.com logoFortress Paper Announces Third Quarter 2016 Results (TSE:FTP)
finance.yahoo.com - November 15 at 8:29 AM
finance.yahoo.com logoFortress Paper Announces $19.7 Million Investment in Birch Project at Its Dissolving Pulp Mill (TSE:FTP)
finance.yahoo.com - November 14 at 5:25 PM
biz.yahoo.com logoQ3 2016 Fortress Paper Ltd Earnings Release - After Market Close (TSE:FTP)
biz.yahoo.com - November 14 at 9:05 AM
4-traders.com logoFortress Paper : to Release Third Quarter 2016 Earnings (TSE:FTP)
www.4-traders.com - October 25 at 10:02 AM
finance.yahoo.com logoFortress Paper to Release Third Quarter 2016 Earnings (TSE:FTP)
finance.yahoo.com - October 25 at 10:02 AM
finance.yahoo.com logoFortress Paper Announces Appointment of Giovanni Iadeluca as President of Its Dissolving Pulp Segment (TSE:FTP)
finance.yahoo.com - September 1 at 5:01 PM
finance.yahoo.com logoFortress Paper Announces Completion of Purchases Under Normal Course Issuer Bid (TSE:FTP)
finance.yahoo.com - August 19 at 8:02 AM
capitalcube.com logoFortress Paper Ltd. :FTP-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (TSE:FTP)
www.capitalcube.com - August 11 at 5:21 PM

Social

What is Fortress Paper's stock symbol?

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

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

2 brokers have issued twelve-month price objectives for Fortress Paper's shares. Their forecasts range from C$6.00 to C$8.00. On average, they anticipate Fortress Paper's share price to reach C$7.00 in the next twelve months.

When will Fortress Paper announce their earnings?

Fortress Paper is scheduled to release their next quarterly earnings announcement on Tuesday, March, 7th 2017.

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.

How much does a share of Fortress Paper stock cost?

One share of Fortress Paper stock can currently be purchased for approximately C$8.17.

Fortress Paper (TSE:FTP) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Fortress Paper (TSE:FTP)

Earnings History Chart

Earnings by Quarter for Fortress Paper (TSE:FTP)

Dividend History Chart

Dividend Payments by Quarter for Fortress Paper (TSE:FTP)

Last Updated on 2/26/2017 by MarketBeat.com Staff