Scotiabank Has Negative Outlook for Canfor FY2026 Earnings

Canfor Co. (TSE:CFP) – Equities research analysts at Scotiabank dropped their FY2026 EPS estimates for Canfor in a research report issued on Wednesday, July 15th. Scotiabank analyst B. Isaacson now expects that the company will post earnings per share of ($1.35) for the year, down from their previous forecast of ($1.34). The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

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

Several other brokerages have also commented on CFP. Royal Bank Of Canada lowered Canfor from a “moderate buy” rating to a “hold” rating and set a C$15.00 price target on the stock. in a research note on Thursday, April 16th. TD raised their price objective on Canfor from C$16.00 to C$18.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, Raymond James Financial cut Canfor from a “strong-buy” rating to an “outperform” rating and set a C$17.00 price objective for the company. in a report on Friday, April 24th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Canfor currently has a consensus rating of “Moderate Buy” and a consensus target price of C$16.60.

Canfor Trading Down 2.7%

Shares of Canfor stock opened at C$14.17 on Monday. The company has a 50-day moving average of C$13.41 and a two-hundred day moving average of C$13.49. Canfor has a 12-month low of C$10.86 and a 12-month high of C$16.08. The company has a current ratio of 1.32, a quick ratio of 2.14 and a debt-to-equity ratio of 43.49. The stock has a market cap of C$1.66 billion, a PE ratio of -1.98 and a beta of 1.37.

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.