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S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
TSE:CFP

Canfor (CFP) Stock Price, News & Analysis

C$15.19
-0.39 (-2.50%)
(As of 04/12/2024 ET)
Today's Range
C$15.11
C$15.95
50-Day Range
C$15.07
C$17.59
52-Week Range
C$13.41
C$23.99
Volume
203,265 shs
Average Volume
184,276 shs
Market Capitalization
C$1.81 billion
P/E Ratio
N/A
Dividend Yield
2.38%
Price Target
C$23.20

Canfor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
52.7% Upside
C$23.20 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.24mentions of Canfor in the last 14 days
Based on 8 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.

1.89 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

CIBC Lowers Canfor (TSE:CFP) Price Target to C$22.00
Analysts Predict Price Tag for Gold to TRIPLE
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
Canfor Corporation (CFP.TO)
Analysts Predict Price Tag for Gold to TRIPLE
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
Besties Pets Co. Announces New Product Line Launch
Convert CFP Franc To Euro
Should You Consult a CFP or CPA to Plan for Retirement?
VIDA to invest in Bruza Sawmill in Hjältevad, Sweden
Canfor Announces Extended Curtailment at Polar Sawmill
Canfor Corp CFP
CFP:CA Canfor Corporation
3 Oversold Stocks to Buy Before They Surge
Convert CFP Franc To United States Dollar
VIDA to acquire Sawmill in Ingarp, Sweden
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
4/12/2024
Next Earnings (Confirmed)
5/02/2024

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$23.20
High Stock Price Target
C$27.00
Low Stock Price Target
C$22.00
Potential Upside/Downside
+52.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
C$-326,100,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.43 billion
Cash Flow
C$8.47 per share
Book Value
C$32.10 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.81 billion
Optionable
Not Optionable
Beta
2.16
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Donald B. Kayne (Age 66)
    President, CEO & Director
    Comp: $2.51M
  • 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: $1.54M
  • Mr. Kevin Pankratz
    Senior Vice President of Sales & Marketing
  • 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
  • Ms. Katy Player
    Senior Vice President of People
  • Ms. Susan L. Yurkovich B.A. (Age 58)
    M.B.A., Senior Vice President of Global Business Development

CFP Stock Analysis - Frequently Asked Questions

Should I buy or sell Canfor stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CFP shares.
View CFP analyst ratings
or view top-rated stocks.

What is Canfor's stock price target for 2024?

5 brokers have issued 12 month price targets for Canfor's shares. Their CFP share price targets range from C$22.00 to C$27.00. On average, they predict the company's stock price to reach C$23.20 in the next year. This suggests a possible upside of 52.7% from the stock's current price.
View analysts price targets for CFP
or view top-rated stocks among Wall Street analysts.

How have CFP shares performed in 2024?

Canfor's stock was trading at C$17.85 at the start of the year. Since then, CFP stock has decreased by 14.9% and is now trading at C$15.19.
View the best growth stocks for 2024 here
.

When is Canfor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CFP earnings forecast
.

How were Canfor's earnings last quarter?

Canfor Co. (TSE:CFP) released its quarterly earnings results on Tuesday, March, 5th. The company reported ($1.06) EPS for the quarter, missing the consensus estimate of ($0.94) by $0.12. The company had revenue of $1.28 billion for the quarter. Canfor had a negative net margin of 6.01% and a negative trailing twelve-month return on equity of 7.71%.

What other stocks do shareholders of Canfor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T).

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.

This page (TSE:CFP) was last updated on 4/13/2024 by MarketBeat.com Staff

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