National Bank Financial Weighs in on Domtar Corp’s Q3 2018 Earnings (UFS)

Domtar Corp (TSE:UFS) (NYSE:UFS) – Equities researchers at National Bank Financial issued their Q3 2018 earnings estimates for Domtar in a note issued to investors on Thursday. National Bank Financial analyst L. Aghazarian anticipates that the company will post earnings per share of $1.05 for the quarter. National Bank Financial has a “Sector Perform” rating and a $59.00 price objective on the stock. National Bank Financial also issued estimates for Domtar’s FY2019 earnings at $3.77 EPS.

Separately, Scotiabank restated a “sector perform” rating and set a C$52.50 target price on shares of Domtar in a research report on Tuesday, October 31st.

Domtar (TSE:UFS) opened at C$54.72 on Monday. Domtar has a 52-week low of C$46.97 and a 52-week high of C$64.81. The stock has a market capitalization of $3,430.00, a price-to-earnings ratio of -12.81 and a beta of 1.18.

The company also recently announced a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Monday, January 15th were given a dividend of $0.415 per share. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.03%. Domtar’s payout ratio is currently -38.88%.

WARNING: “National Bank Financial Weighs in on Domtar Corp’s Q3 2018 Earnings (UFS)” was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another domain, it was stolen and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.americanbankingnews.com/2018/02/12/national-bank-financial-weighs-in-on-domtar-corps-q3-2018-earnings-ufs.html.

Domtar 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.

Receive News & Ratings for Domtar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domtar and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply