FY2026 Earnings Estimate for Canfor Issued By Scotiabank

Canfor Co. (TSE:CFP) – Research analysts at Scotiabank cut their FY2026 earnings estimates for Canfor in a note issued to investors on Friday, April 17th. Scotiabank analyst B. Isaacson now expects that the company will post earnings per share of ($1.05) for the year, down from their previous estimate of ($0.79). Scotiabank has a “Hold” rating and a $16.00 price target on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

Several other research firms have also recently weighed in on CFP. Raymond James Financial raised shares of Canfor from a “moderate buy” rating to a “strong-buy” rating and raised their target price for the company from C$15.00 to C$17.00 in a research note on Wednesday, January 14th. Royal Bank Of Canada cut shares of Canfor from a “moderate buy” rating to a “hold” rating and set a C$15.00 target price for the company. in a research note on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Canfor presently has a consensus rating of “Moderate Buy” and an average target price of C$16.25.

Canfor Stock Performance

CFP opened at C$12.75 on Wednesday. The stock has a market capitalization of C$1.50 billion, a price-to-earnings ratio of -1.88 and a beta of 1.28. The company has a fifty day moving average of C$13.53 and a 200 day moving average of C$12.91. Canfor has a fifty-two week low of C$10.86 and a fifty-two week high of C$16.08. The company has a debt-to-equity ratio of 37.16, a quick ratio of 2.14 and a current ratio of 1.45.

Canfor (TSE:CFP) last posted its earnings results on Friday, March 6th. The company reported C($3.33) earnings per share for the quarter. The company had revenue of C$1.28 billion for the quarter. Canfor had a negative net margin of 14.92% and a negative return on equity of 27.04%.

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.