FY2025 Earnings Forecast for Canfor Issued By Scotiabank

Canfor Co. (TSE:CFP) – Scotiabank reduced their FY2025 earnings per share (EPS) estimates for Canfor in a research note issued on Monday, November 10th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of ($3.08) per share for the year, down from their prior estimate of ($2.63). The consensus estimate for Canfor’s current full-year earnings is $0.40 per share. Scotiabank also issued estimates for Canfor’s FY2026 earnings at ($1.42) EPS.

A number of other analysts have also issued reports on CFP. Royal Bank Of Canada decreased their target price on shares of Canfor from C$17.00 to C$16.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. TD Securities dropped their price objective on shares of Canfor from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Tuesday, August 5th. Finally, Raymond James Financial lowered their price objective on Canfor from C$19.00 to C$17.00 and set an “outperform” rating for the company in a research note on Wednesday, October 15th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Canfor presently has an average rating of “Hold” and an average target price of C$16.50.

Canfor Stock Performance

TSE CFP opened at C$12.02 on Thursday. The company has a market capitalization of C$1.40 billion, a P/E ratio of -3.02 and a beta of 2.05. The company has a debt-to-equity ratio of 21.94, a current ratio of 2.19 and a quick ratio of 2.14. Canfor has a 1-year low of C$11.58 and a 1-year high of C$18.38. The business has a 50 day moving average price of C$12.63 and a 200 day moving average price of C$13.31.

Canfor (TSE:CFP) last announced its earnings results on Wednesday, November 5th. The company reported C($1.48) EPS for the quarter. The business had revenue of C$1.26 billion during the quarter. Canfor had a negative net margin of 13.77% and a negative return on equity of 20.05%.

About Canfor

Canfor Corp is a softwood lumber company that also owns around half of Canfor Pulp. It is active throughout North America, with lumber mills in British Columbia, Alberta, and the Southeastern United States. It has two reportable segments: Lumber and Pulp and Paper.