Domtar Corp (UFS) Scheduled to Post Earnings on Friday
Domtar Corp (TSE:UFS) (NYSE:UFS) is set to release its earnings data before the market opens on Friday, July 28th. Analysts expect Domtar Corp to post earnings of $0.54 per share for the quarter.
Domtar Corp (TSE UFS) opened at 49.35 on Friday. The stock has a 50 day moving average price of $49.35 and a 200 day moving average price of $51.21. Domtar Corp has a 52-week low of $45.00 and a 52-week high of $58.31. The company has a market capitalization of $3.09 billion and a price-to-earnings ratio of 21.46.
The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Monday, July 17th were issued a $0.415 dividend. The ex-dividend date was Thursday, June 29th. This represents a $1.66 dividend on an annualized basis and a yield of 3.36%.
A number of research analysts recently issued reports on UFS shares. Raymond James Financial, Inc. reiterated an “outperform” rating and issued a C$71.00 target price on shares of Domtar Corp in a report on Friday, April 28th. TD Securities reiterated a “hold” rating and issued a C$57.00 target price on shares of Domtar Corp in a report on Friday, April 28th. Finally, Scotiabank lifted their target price on Domtar Corp to C$55.00 and gave the company a “sector perform” rating in a report on Friday, April 28th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$60.50.
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Domtar Corp Company Profile
Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.
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