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TSE:HDIHardwoods Distribution Stock Price, Forecast & News

-0.34 (-2.18 %)
(As of 06/5/2020 04:00 PM ET)
Today's Range
Now: C$15.25
50-Day Range
MA: C$12.12
52-Week Range
Now: C$15.25
Volume23,500 shs
Average Volume47,215 shs
Market CapitalizationC$322.54 million
P/E Ratio9.90
Dividend Yield2.18%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.50 out of 5 stars

Industry, Sector and Symbol

Industry Industrial Distribution



Sales & Book Value

Annual SalesC$1.21 billion
Cash FlowC$2.70 per share
Book ValueC$14.79 per share



Market CapC$322.54 million
Next Earnings Date8/10/2020 (Estimated)
OptionableNot Optionable

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Hardwoods Distribution (TSE:HDI) Frequently Asked Questions

How has Hardwoods Distribution's stock been impacted by COVID-19 (Coronavirus)?

Hardwoods Distribution's stock was trading at C$13.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HDI stock has increased by 11.9% and is now trading at C$15.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Hardwoods Distribution?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hardwoods Distribution in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Hardwoods Distribution.

When is Hardwoods Distribution's next earnings date?

Hardwoods Distribution is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Hardwoods Distribution.

How were Hardwoods Distribution's earnings last quarter?

Hardwoods Distribution Inc (TSE:HDI) issued its quarterly earnings data on Tuesday, May, 5th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.34 by $0.10. The firm earned $325.10 million during the quarter, compared to analysts' expectations of $310.25 million. View Hardwoods Distribution's earnings history.

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

Hardwoods Distribution announced a quarterly dividend on Wednesday, April 15th. Stockholders of record on Thursday, April 30th will be paid a dividend of 0.085 per share on Thursday, April 30th. This represents a $0.34 annualized dividend and a yield of 2.23%. The ex-dividend date is Wednesday, April 15th. View Hardwoods Distribution's dividend history.

What price target have analysts set for HDI?

2 brokerages have issued 1-year target prices for Hardwoods Distribution's shares. Their forecasts range from C$11.00 to C$21.00. On average, they expect Hardwoods Distribution's share price to reach C$15.13 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View analysts' price targets for Hardwoods Distribution.

Has Hardwoods Distribution been receiving favorable news coverage?

Media coverage about HDI stock has been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hardwoods Distribution earned a news sentiment score of -1.6 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutHardwoods Distribution.

Who are some of Hardwoods Distribution's key competitors?

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), Bank of America (BAC), Brookfield Property Partners (BPY.UN) and Baytex Energy (BTE).

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. David Hughes, Sr. VP of Acquisitions
  • Mr. Daniel A. Besen, VP of Hardwoods USA (Age 61)

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 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$15.25.

How big of a company is Hardwoods Distribution?

Hardwoods Distribution has a market capitalization of C$322.54 million and generates C$1.21 billion in revenue each year. Hardwoods Distribution employs 1,163 workers across the globe.

What is Hardwoods Distribution's official website?

The official website for Hardwoods Distribution is www.hardwoods-inc.com.

How can I contact Hardwoods Distribution?

The company can be reached via phone at 604-881-1988.

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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