Interfor (TSE:IFP) Posts Earnings Results

Interfor (TSE:IFP) announced its quarterly earnings data on Thursday. The company reported C($0.96) EPS for the quarter, FiscalAI reports. Interfor had a negative net margin of 12.27% and a negative return on equity of 25.24%. The company had revenue of C$643.20 million for the quarter.

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

• Interfor held its 2026 annual general meeting and confirmed a quorum was present, allowing the formal business of the meeting to proceed.
• Shareholders approved reducing the board size from 11 directors to 9, indicating a streamlined board structure going forward.
• The nominated directors were elected to serve until the next annual meeting, and no additional director nominations were received ahead of the meeting.
• Shareholders reappointed KPMG LLP as auditor for the coming year, with compensation to be set by the board.
• The advisory say-on-pay resolution was approved, meaning shareholders accepted the board’s executive compensation approach on a non-binding basis.

Interfor Trading Down 1.3%

TSE:IFP traded down C$0.12 during trading hours on Thursday, hitting C$8.92. The company had a trading volume of 404,577 shares, compared to its average volume of 321,849. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 68.89. The company has a 50-day moving average of C$9.65 and a 200 day moving average of C$9.29. The company has a market cap of C$586.64 million, a P/E ratio of -1.42 and a beta of 1.70. Interfor has a 1 year low of C$7.05 and a 1 year high of C$13.95.

Analysts Set New Price Targets

Several brokerages recently commented on IFP. Scotiabank upgraded Interfor from a “hold” rating to an “outperform” rating and boosted their price target for the stock from C$13.00 to C$14.00 in a research report on Monday, January 26th. Canadian Imperial Bank of Commerce upgraded Interfor from a “strong sell” rating to a “hold” rating in a research report on Friday, March 20th. Raymond James Financial cut Interfor from a “strong-buy” rating to an “outperform” rating and dropped their price target for the stock from C$14.00 to C$13.00 in a research report on Friday, April 24th. TD Securities boosted their price target on Interfor from C$11.00 to C$13.00 and gave the stock a “hold” rating in a research report on Tuesday, February 17th. Finally, TD dropped their price target on Interfor from C$13.00 to C$12.00 and set a “hold” rating for the company in a research report on Thursday, April 16th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$12.17.

Interfor Company Profile

Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company’s primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber.