Canfor (TSE:CFP) Posts Earnings Results

Canfor (TSE:CFP) released its quarterly earnings data on Wednesday. The company reported C($0.62) EPS for the quarter, FiscalAI reports. Canfor had a negative net margin of 14.92% and a negative return on equity of 27.04%. The firm had revenue of C$1.36 billion during the quarter.

Here are the key takeaways from Canfor’s conference call:

• The company reported an operating loss of CAD 904 million in 2025 (vs CAD 942 million in 2024) and an adjusted operating loss of CAD 93 million in Q1 2026, showing only a modest sequential improvement.
• Management expanded its global footprint by acquiring three mills in central Sweden and completed the purchase of the outstanding shares of Canfor Pulp in spring 2026, alongside targeted capital investments to improve operational efficiency.
• Canfor said soft global demand, trade tensions and U.S. lumber duties continued to pressure pricing, but noted tighter supply pushed North American lumber prices higher in early 2026 and there was a modest uplift in softwood pulp prices to China.
• The company is refreshing its corporate strategy—keeping lumber as the core, optimizing adjacent businesses, selectively growing value‑added products, and updating sustainability plans aligned with regulatory and market expectations.

Canfor Stock Performance

CFP opened at C$12.40 on Thursday. The business’s 50-day moving average price is C$13.17 and its two-hundred day moving average price is C$12.90. Canfor has a 1 year low of C$10.86 and a 1 year high of C$16.08. The company has a market capitalization of C$1.46 billion, a price-to-earnings ratio of -1.83 and a beta of 1.41. The company has a debt-to-equity ratio of 37.16, a current ratio of 1.45 and a quick ratio of 2.14.

Analysts Set New Price Targets

CFP has been the subject of a number of recent analyst reports. Raymond James Financial cut shares of Canfor from a “strong-buy” rating to an “outperform” rating and set a C$17.00 price objective for the company. in a research report on Friday, April 24th. Scotiabank raised Canfor from a “strong sell” rating to a “hold” rating and increased their target price for the stock from C$13.00 to C$16.00 in a research note on Monday, January 26th. Finally, Royal Bank Of Canada cut 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. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$16.25.

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.