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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
TSE:HDI

Hardwoods Distribution Stock Forecast, Price & News

C$29.03
+0.77 (+2.72%)
(As of 07/4/2022 04:00 PM ET)
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Compare
Today's Range
C$28.30
C$29.29
50-Day Range
C$27.55
C$34.90
52-Week Range
C$27.15
C$49.58
Volume
20,416 shs
Average Volume
100,430 shs
Market Capitalization
C$691.44 million
P/E Ratio
3.77
Dividend Yield
1.70%
Price Target
C$63.50

Hardwoods Distribution MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
118.7% Upside
C$63.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.13 out of 5 stars

30 days | 90 days | 365 days | Advanced Chart

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Hardwoods Distribution logo

About Hardwoods Distribution (TSE:HDI) Stock

Hardwoods Distribution Inc. engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets. It 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, solid surface products, and decorative laminates. The company also manufactures, imports, and distributes hardwood lumber, millwork, and architectural sheet goods. It serves small-to-mid-sized industrial manufacturers of cabinets, moldings, custom finishing, home furniture, home renovations, finishing millwork for office buildings, restaurant and bar interiors, hotel lobbies, retail point-of-purchase displays, schools, hospitals, custom motor coaches, yacht interiors, and other specialty areas. As of March 11, 2022, the company operated 86 distribution facilities in North America. Hardwoods Distribution Inc. was incorporated in 2012 and is headquartered in Langley, Canada.

HDI Stock News Headlines

HDI Announces Record First Quarter 2022 Results
HDI Announces Annual and Fourth Quarter 2021 Results
Stocks in play: Hardwoods Distribution Inc.
Hardwoods Distribution Inc. (TSE:HDI) Has A ROE Of 26%
For your consideration: Hardwoods Distribution Inc.
HDI Announces Record Third Quarter 2021 Results
HDI Appoints George R. Judd to Board of Directors
See More Headlines

Industry, Sector and Symbol

Industry
Industrial Distribution
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,734
Year Founded
N/A

Company Calendar

Ex-Dividend for 4/29 Dividend
4/18/2022
Dividend Payable
4/29/2022
Last Earnings
5/12/2022
Today
7/04/2022
Ex-Dividend for 7/29 Dividend
7/15/2022
Dividend Payable
7/29/2022
Next Earnings (Estimated)
8/08/2022

Price Target and Rating

Average Stock Price Forecast
C$63.50
High Stock Price Forecast
C$79.50
Low Stock Price Forecast
C$50.00
Forecasted Upside/Downside
+118.7%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.97 billion
Cash Flow
C$0.71 per share
Book Value
C$19.12 per share

Miscellaneous

Free Float
N/A
Market Cap
C$691.44 million
Optionable
Not Optionable
Beta
N/A














Hardwoods Distribution Frequently Asked Questions

Should I buy or sell Hardwoods Distribution stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hardwoods Distribution in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Hardwoods Distribution stock.
View analyst ratings for Hardwoods Distribution
or view top-rated stocks.

What is Hardwoods Distribution's stock price forecast for 2022?

6 Wall Street research analysts have issued 12 month price targets for Hardwoods Distribution's stock. Their HDI stock forecasts range from C$50.00 to C$79.50. On average, they predict Hardwoods Distribution's share price to reach C$63.50 in the next twelve months. This suggests a possible upside of 118.7% from the stock's current price.
View analysts' price targets for Hardwoods Distribution
or view top-rated stocks among Wall Street analysts.

How has Hardwoods Distribution's stock performed in 2022?

Hardwoods Distribution's stock was trading at C$44.80 at the start of the year. Since then, HDI stock has decreased by 35.2% and is now trading at C$29.03.
View the best growth stocks for 2022 here
.

When is Hardwoods Distribution's next earnings date?

Hardwoods Distribution is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
View our earnings forecast for Hardwoods Distribution
.

How were Hardwoods Distribution's earnings last quarter?

Hardwoods Distribution Inc. (TSE:HDI) issued its earnings results on Thursday, May, 12th. The company reported $2.37 EPS for the quarter, beating analysts' consensus estimates of $1.54 by $0.83. The company earned $816.89 million during the quarter, compared to analyst estimates of $712.03 million.
View Hardwoods Distribution's earnings history
.

How often does Hardwoods Distribution pay dividends? What is the dividend yield for Hardwoods Distribution?

Hardwoods Distribution declared a quarterly dividend on Friday, July 15th. Shareholders of record on Friday, July 29th will be given a dividend of 0.12 per share on Friday, July 29th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Friday, July 15th.
View Hardwoods Distribution's dividend history
.

Is Hardwoods Distribution a good dividend stock?

Hardwoods Distribution(TSE:HDI) pays an annual dividend of C$0.34 per share and currently has a dividend yield of 1.70%. The dividend payout ratio of Hardwoods Distribution is 4.36%. This payout ratio is at a healthy, sustainable level, below 75%.
View Hardwoods Distribution's dividend history.

Who are Hardwoods Distribution's key executives?

Hardwoods Distribution's management team includes the following 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. Daniel A. Besen, Sr. VP of Hardwoods USA (Age 64, Pay $995.08k)
  • Mr. Drew H. Dickinson, Pres of Rugby Architectural Building Products
  • Ian Tharp, Investor Relations
  • Ms. Renee Murdoch, VP of HR
  • Mr. David Hughes, Sr. VP of Acquisitions
  • Mr. Jeffrey W. Leys, Pres & COO of Novo Building Products

What other stocks do shareholders of Hardwoods Distribution own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hardwoods Distribution investors own include Altius Minerals (ALS), Stella-Jones (SJ), Suncor Energy (SU), Aurora Cannabis (ACB), Air Canada (AC), AltaGas (ALA), A and W Revenue Royalties Income Fund (AW.UN), Brookfield Property Partners (BPY.UN), Baytex Energy (BTE) and Bellatrix Exploration (BXE).

What is Hardwoods Distribution's stock symbol?

Hardwoods Distribution trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HDI."

How do I buy shares of Hardwoods Distribution?

Shares of HDI 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 Hardwoods Distribution's stock price today?

One share of HDI stock can currently be purchased for approximately C$29.03.

How much money does Hardwoods Distribution make?

Hardwoods Distribution (TSE:HDI) has a market capitalization of C$691.44 million and generates C$1.97 billion in revenue each year.

How many employees does Hardwoods Distribution have?

Hardwoods Distribution employs 2,734 workers across the globe.

How can I contact Hardwoods Distribution?

The official website for Hardwoods Distribution is www.hardwoods-inc.com. The company can be reached via phone at 604-881-1988.

This page (TSE:HDI) was last updated on 7/4/2022 by MarketBeat.com Staff

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