Domtar Corp to Post FY2019 Earnings of $3.45 Per Share, National Bank Financial Forecasts (UFS)
Domtar Corp (TSE:UFS) (NYSE:UFS) – Stock analysts at National Bank Financial issued their FY2019 earnings per share estimates for shares of Domtar Corp in a report released on Thursday. National Bank Financial analyst L. Aghazarian anticipates that the company will earn $3.45 per share for the year.
Separately, Scotiabank lifted their target price on shares of Domtar Corp to C$50.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 3rd.
Shares of Domtar Corp (TSE:UFS) traded down 0.34% during trading on Monday, reaching $54.97. The company’s stock had a trading volume of 13,270 shares. The stock’s 50 day moving average price is $52.28 and its 200-day moving average price is $50.43. The firm has a market cap of $3.44 billion and a PE ratio of 20.96. Domtar Corp has a 12 month low of $45.48 and a 12 month high of $58.31.
The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Monday, October 2nd were given a dividend of $0.415 per share. The ex-dividend date of this dividend was Friday, September 29th. This represents a $1.66 annualized dividend and a dividend yield of 3.01%.
Domtar Corp 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.
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