What is Scotiabank’s Forecast for Canfor FY2026 Earnings?

Canfor Co. (TSE:CFP) – Analysts at Scotiabank upped their FY2026 EPS estimates for Canfor in a research note issued on Tuesday, August 4th. Scotiabank analyst B. Isaacson now expects that the company will post earnings of ($1.27) per share for the year, up from their previous estimate of ($1.35). The consensus estimate for Canfor’s current full-year earnings is $0.40 per share. Scotiabank also issued estimates for Canfor’s FY2027 earnings at $0.54 EPS.

Canfor (TSE:CFP) last released its quarterly earnings results on Wednesday, July 29th. The company reported C($0.16) earnings per share for the quarter. The business had revenue of C$1.53 billion during the quarter. Canfor had a negative return on equity of 25.37% and a negative net margin of 12.04%.

Other analysts have also issued research reports about the company. Raymond James Financial lowered Canfor from a “strong-buy” rating to an “outperform” rating and set a C$17.00 price target for the company. in a report on Friday, April 24th. Royal Bank Of Canada cut Canfor from a “moderate buy” rating to a “hold” rating and set a C$15.00 price objective on the stock. in a research report on Thursday, April 16th. Finally, TD boosted their price objective on Canfor from C$18.00 to C$20.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Canfor currently has an average rating of “Moderate Buy” and a consensus price target of C$17.00.

Canfor Trading Down 0.5%

TSE:CFP opened at C$15.57 on Thursday. Canfor has a one year low of C$10.86 and a one year high of C$16.08. The business has a fifty day moving average price of C$13.93 and a 200-day moving average price of C$13.65. The firm has a market capitalization of C$1.83 billion, a price-to-earnings ratio of -2.79 and a beta of 1.41. The company has a debt-to-equity ratio of 41.78, a current ratio of 1.35 and a quick ratio of 2.14.

About Canfor

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.