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TSE:CFP

Canfor (CFP) Stock Price, News & Analysis

C$15.52
+0.36 (+2.37%)
(As of 07/26/2024 ET)
Today's Range
C$14.42
C$15.55
50-Day Range
C$13.59
C$15.79
52-Week Range
C$13.41
C$22.63
Volume
298,682 shs
Average Volume
182,147 shs
Market Capitalization
C$1.84 billion
P/E Ratio
N/A
Dividend Yield
2.38%
Price Target
C$19.83

Canfor MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.8% Upside
C$19.83 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.02mentions of Canfor in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.04 out of 5 stars

CFP stock logo

About Canfor Stock (TSE:CFP)

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy. It also offers dimension lumber products, such as spruce pine fir, southern yellow pine, Douglas fir larch, and Canfor red; specialty lumber products, including Balfour boards, WynnWood board, decking/fascia, lamstock, long lengths, shop/clear, and access mat lumber; and pulp and paper products comprising bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

CFP Stock Price History

CFP Stock News Headlines

Canfor reports results for the second quarter of 2024
Brace Yourself: Experts calling for Bitcoin to hit $100k
For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.
TD Securities Trims Canfor (TSE:CFP) Target Price to C$19.00
Canfor (TSE:CFP) Price Target Lowered to C$17.00 at CIBC
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Canfor (CFP) to Release Quarterly Earnings on Friday
CANFOR REPORTS RESULTS FOR FIRST QUARTER OF 2024
Canfor Corporation (CFP.TO)
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
7/26/2024
Next Earnings (Estimated)
11/07/2024

Industry, Sector and Symbol

Industry
Lumber & Wood Production
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,580
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$19.83
High Stock Price Target
C$23.00
Low Stock Price Target
C$17.00
Potential Upside/Downside
+29.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
C$-248,600,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.42 billion
Cash Flow
C$8.57 per share
Book Value
C$31.69 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.82 billion
Optionable
Not Optionable
Beta
2.18
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Key Executives

  • Mr. Donald B. Kayne (Age 66)
    President, CEO & Director
    Comp: $2.18M
  • Mr. Patrick A. J. Elliott
    CFO & Senior VP of Sustainability
  • Mr. David M. Calabrigo (Age 65)
    Senior VP of Corporate Development & Legal Affairs and Corporate Secretary
    Comp: $1.26M
  • Ms. Susan L. Yurkovich B.A. (Age 58)
    M.B.A., Senior Vice President of Global Business Development
    Comp: $1.28M
  • Mr. Stephen MacKie
    Executive Vice President of North American Operations
  • Mr. Daniel Barwin
    Director of Corporate Finance
  • Jim Bogle
    Vice President of Technology & Digital
  • Ms. Michelle Ward
    Vice President of Corporate Communications
  • Mr. Kevin Pankratz
    Senior Vice President of Sales & Marketing
  • Ms. Katy Player
    Senior Vice President of People

CFP Stock Analysis - Frequently Asked Questions

How have CFP shares performed this year?

Canfor's stock was trading at C$17.85 on January 1st, 2024. Since then, CFP stock has decreased by 13.1% and is now trading at C$15.52.
View the best growth stocks for 2024 here
.

How were Canfor's earnings last quarter?

Canfor Co. (TSE:CFP) posted its quarterly earnings data on Thursday, July, 25th. The company reported ($1.42) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by $1.25. The business earned $1.38 billion during the quarter, compared to the consensus estimate of $1.42 billion. Canfor had a negative net margin of 4.58% and a negative trailing twelve-month return on equity of 6.09%.

How do I buy shares of Canfor?

Shares of CFP stock 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 other stocks do shareholders of Canfor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL) and Bank of America (BAC).

This page (TSE:CFP) was last updated on 7/26/2024 by MarketBeat.com Staff

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