FY2026 Earnings Forecast for Canfor Issued By Scotiabank

Canfor Co. (TSE:CFP) – Investment analysts at Scotiabank reduced their FY2026 earnings per share estimates for shares of Canfor in a note issued to investors on Wednesday, July 15th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of ($1.35) per share for the year, down from their prior estimate of ($1.34). The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

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

Other equities analysts also recently issued research reports about the stock. TD increased their price target on shares of Canfor from C$16.00 to C$18.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. 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 note on Friday, April 24th. Finally, Royal Bank Of Canada downgraded shares of Canfor from a “moderate buy” rating to a “hold” rating and set a C$15.00 price objective on the stock. in a report on Thursday, April 16th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$16.60.

Canfor Trading Down 0.7%

Canfor stock opened at C$13.56 on Monday. The company has a quick ratio of 2.14, a current ratio of 1.32 and a debt-to-equity ratio of 43.49. Canfor has a 52 week low of C$10.86 and a 52 week high of C$16.08. The company has a market capitalization of C$1.59 billion, a price-to-earnings ratio of -1.90 and a beta of 1.37. The stock has a 50-day moving average price of C$13.47 and a 200 day moving average price of C$13.51.

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.