Canfor (CFP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$16.71 to C$17.21
• 50-Day Range: C$14.01 to C$17.38
• 52-Week Range: C$13.41 to C$19.30
• Volume: 76,262 shs
• Average Volume: 198,249 shs
• Market Capitalization: C$2.00 billion
• P/E Ratio: N/A
• Dividend Yield: 2.38%
• Price Target: C$19.83
• Consensus Rating: Buy

Canfor Stock Analysis - MarketRank™

Canfor scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Canfor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Canfor has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canfor is -5.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canfor is -5.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Canfor has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CFP.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Canfor pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Canfor does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CFP.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.06

News Sentiment

Canfor has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Canfor this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Canfor to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Canfor insiders have not sold or bought any company stock.

Percentage Held by Insiders

53.92% of the stock of Canfor is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.08% of the stock of Canfor is held by institutions.

CFP Stock Analysis - Frequently Asked Questions

How have CFP shares performed this year?

Canfor's stock was trading at C$17.85 at the beginning of 2024. Since then, CFP stock has decreased by 5.3% and is now trading at C$16.91.
View the best growth stocks for 2024 here.

How were Canfor's earnings last quarter?

Canfor Co. (TSE:CFP) issued its quarterly earnings data on Thursday, July, 25th. The company reported ($1.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $1.25. The firm had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.42 billion. Canfor had a negative trailing twelve-month return on equity of 9.65% and a negative net margin of 7.39%.

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 Nuvei (NVEI), NU (NU), Interfor (IFP), CRISPR Therapeutics (CRSP), Air Canada (AC), West Fraser Timber Co. Ltd. (WFT.TO) (WFT) and Bank of America (BAC).

Company Calendar

• Last Earnings: 7/25/2024
• Today: 10/17/2024
• Next Earnings (Confirmed): 10/28/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Lumber & Wood Production
• Sub-Industry: N/A
• Current Symbol: TSE:CFP
• CUSIP: N/A
• CIK: N/A
• Web: www.canfor.com
• Phone: +1-604-6615241
• 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$19.00
• Potential Upside/Downside: +17.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($3.37)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 42.22
• P/E Growth: N/A
• Net Income: C$-395,800,000.00
• Net Margins: -7.39%
• Pretax Margin: N/A
• Return on Equity: -9.65%
• Return on Assets: -5.36%

Debt

• Debt-to-Equity Ratio: 11.97
• Current Ratio: 1.99
• Quick Ratio: 2.14

Sales & Book Value

• Annual Sales: C$5.36 billion
• Price / Sales: 0.37
• Cash Flow: C$9.43 per share
• Price / Cash Flow: 1.79
• Book Value: C$30.33 per share
• Price / Book: 0.56

Miscellaneous

• Outstanding Shares: 118,410,000
• Free Float: N/A
• Market Cap: C$2.00 billion
• Optionable: Not Optionable
• Beta: 2.08