Hardwoods Distribution Inc. engages in the wholesale distribution of architectural building products to the residential and commercial construction sectors in Canada and the United States. The company offers a range of decorative surfaces, including architectural grade plywood and veneers, hardwood lumber, laminates, acrylics, and composites for use in commercial and residential applications; specialty plywood and composite panel products for residential and commercial cabinet, countertop, store fixture, and RV and furniture industries; and other products comprising moldings, cabinet hardware, doors, millwork, adhesives, and solid surfaces. It also manufactures, imports, and distributes hardwood lumber, millwork, and architectural sheet goods; and provides custom molding and millwork services, as well as owns a sawmill and kiln drying operation. The company serves the manufacturers of cabinetry, furniture, custom millwork and moldings, retail point-of-purchase displays, recreational vehicles, and office interior and lobbies; restaurant and bar interiors; schools, hospitals, and yacht interiors; and other specialty areas in the residential, commercial, and renovation construction sectors. As of December 31, 2018, it operated 62 distribution facilities. Hardwoods Distribution Inc. is headquartered in Langley, Canada.
Industry, Sector and Symbol
Industry Industrial Distribution
Sub-IndustryN/A
SectorIndustrials
CIKN/A
Phone604-881-1988
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$1.16 billion
Profitability
Miscellaneous
Employees1,163
Next Earnings Date3/12/2020 (Estimated)
OptionableNot Optionable
Hardwoods Distribution (TSE:HDI) Frequently Asked Questions
What is Hardwoods Distribution's stock symbol?
Hardwoods Distribution trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HDI."
How often does Hardwoods Distribution pay dividends? What is the dividend yield for Hardwoods Distribution?
Hardwoods Distribution declared a quarterly dividend on Wednesday, November 13th. Stockholders of record on Monday, January 20th will be paid a dividend of 0.085 per share on Friday, January 31st. This represents a $0.34 annualized dividend and a dividend yield of 2.27%. The ex-dividend date is Friday, January 17th. This is an increase from Hardwoods Distribution's previous quarterly dividend of $0.08. View Hardwoods Distribution's Dividend History.
When is Hardwoods Distribution's next earnings date?
What price target have analysts set for HDI?
1 equities research analysts have issued 12 month price targets for Hardwoods Distribution's shares. Their forecasts range from C$19.00 to C$22.00. On average, they anticipate Hardwoods Distribution's share price to reach C$20.00 in the next year. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Price Targets for Hardwoods Distribution.
What is the consensus analysts' recommendation for Hardwoods Distribution?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hardwoods Distribution in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Hardwoods Distribution.
Has Hardwoods Distribution been receiving favorable news coverage?
Media coverage about HDI stock has been trending very negative recently, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hardwoods Distribution earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Hardwoods Distribution.
Who are some of Hardwoods Distribution's key competitors?
Some companies that are related to Hardwoods Distribution include SIG (SHI), Wajax (WJX), Rocky Mountain Dealerships (RME), Austin Engineering (ANG), Coventry Group (CYG), Flowtech Fluidpower (FLO), Boom Logistics (BOL), T.F & J.H. Braime (BMT), BRA& JHHL/PAR VTG FPD 0.25 (BMTO), Saferoads (SRH), FTI Foodtech International (FTI), Augusta Industries (AAO), Cool Technologies (WARM), Electrocomponents (EENEF) and Finning International (FINGF).
What other stocks do shareholders of Hardwoods Distribution own?
Who are Hardwoods Distribution's key executives?
Hardwoods Distribution's management team includes the folowing people:
- Mr. Robert J. Brown, Pres, CEO & Director
- Mr. Faiz H. Karmally, VP, CFO & Sec.
- Mr. Lance R. Blanco, Sr. VP of Corp. Devel.
- Mr. David Hughes, Sr. VP of Acquisitions
- Mr. Daniel A. Besen, VP of Hardwoods USA (Age 61)
How do I buy shares of Hardwoods Distribution?
Shares of HDI 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 Hardwoods Distribution's stock price today?
One share of HDI stock can currently be purchased for approximately C$14.96.
How big of a company is Hardwoods Distribution?
What is Hardwoods Distribution's official website?
How can I contact Hardwoods Distribution?
The company can be reached via phone at 604-881-1988.
MarketBeat Community Rating for Hardwoods Distribution (TSE HDI)
MarketBeat's community ratings are surveys of what our community members think about Hardwoods Distribution and other stocks. Vote "Outperform" if you believe HDI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HDI will underperform the S&P 500 over the long term. You may vote once every thirty days.
