Canfor (TSE:CFP) Issues Earnings Results

Canfor (TSE:CFP) posted its earnings results on Wednesday. The company reported C($0.62) earnings per share for the quarter, FiscalAI reports. The company had revenue of C$1.36 billion for the quarter. Canfor had a negative net margin of 14.92% and a negative return on equity of 27.04%.

Here are the key takeaways from Canfor’s conference call:

• The company reported an operating loss of CAD 904 million in 2025 (vs CAD 942 million in 2024) and an adjusted operating loss of CAD 93 million in Q1 2026, showing only a modest sequential improvement.
• Management expanded its global footprint by acquiring three mills in central Sweden and completed the purchase of the outstanding shares of Canfor Pulp in spring 2026, alongside targeted capital investments to improve operational efficiency.
• Canfor said soft global demand, trade tensions and U.S. lumber duties continued to pressure pricing, but noted tighter supply pushed North American lumber prices higher in early 2026 and there was a modest uplift in softwood pulp prices to China.
• The company is refreshing its corporate strategy—keeping lumber as the core, optimizing adjacent businesses, selectively growing value?added products, and updating sustainability plans aligned with regulatory and market expectations.

Canfor Stock Up 4.5%

Canfor stock traded up C$0.53 during midday trading on Wednesday, hitting C$12.40. The stock had a trading volume of 159,493 shares, compared to its average volume of 203,705. The company has a current ratio of 1.45, a quick ratio of 2.14 and a debt-to-equity ratio of 37.16. The stock has a market cap of C$1.46 billion, a P/E ratio of -1.83 and a beta of 1.41. Canfor has a 12 month low of C$10.86 and a 12 month high of C$16.08. The business has a fifty day moving average price of C$13.19 and a 200 day moving average price of C$12.90.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on CFP shares. Scotiabank upgraded Canfor from a “strong sell” rating to a “hold” rating and raised their target price for the company from C$13.00 to C$16.00 in a research note on Monday, January 26th. Royal Bank Of Canada downgraded Canfor from a “moderate buy” rating to a “hold” rating and set a C$15.00 target price for the company. in a research note on Thursday, April 16th. Finally, Raymond James Financial downgraded Canfor from a “strong-buy” rating to an “outperform” rating and set a C$17.00 target price for the company. in a research note on Friday, April 24th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Canfor has an average rating of “Moderate Buy” and a consensus price target of C$16.25.

About Canfor

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.