Scotiabank Weighs in on Canfor’s FY2026 Earnings (TSE:CFP)

Canfor Co. (TSE:CFP) – Equities research analysts at Scotiabank dropped their FY2026 earnings estimates for Canfor in a research report issued on Monday, May 11th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of ($1.34) for the year, down from their previous estimate of ($1.05). Scotiabank has a “Hold” rating and a $16.00 price target on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

Several other equities research analysts have also recently issued reports on CFP. Raymond James Financial cut shares of Canfor from a “strong-buy” rating to an “outperform” rating and set a C$17.00 price objective for the company. in a research report on Friday, April 24th. Royal Bank Of Canada cut shares of Canfor from a “moderate buy” rating to a “hold” rating and set a C$15.00 price objective for the company. in a research report on Thursday, April 16th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Canfor has an average rating of “Moderate Buy” and a consensus target price of C$16.25.

Canfor Price Performance

Canfor stock opened at C$12.20 on Wednesday. Canfor has a 12-month low of C$10.86 and a 12-month high of C$16.08. The stock has a market cap of C$1.43 billion, a P/E ratio of -1.71 and a beta of 1.41. The company has a 50-day moving average price of C$13.08 and a 200 day moving average price of C$12.91. The company has a current ratio of 1.32, a quick ratio of 2.14 and a debt-to-equity ratio of 43.49.

Canfor (TSE:CFP) last released its quarterly earnings data on Wednesday, May 6th. The company reported C($0.62) earnings per share (EPS) for the quarter. Canfor had a negative return on equity of 30.75% and a negative net margin of 15.87%.The firm had revenue of C$1.36 billion for the quarter.

Canfor Company Profile

Canfor Corp is a global leader in the manufacturing of high-value low-carbon forest products including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets and green energy. Proudly headquartered in Vancouver, British Columbia, Canfor Corp produces renewable products from sustainably managed forests, at more than 50 facilities across its diversified operating platform in Canada, the United States and Europe. Canfor Corp has a 77% stake in Vida AB, Sweden’s largest privately owned sawmill company and also owns, approximately, a 54.8% interest in Canfor Pulp.