Equities Analysts Issue Forecasts for Canfor FY2026 Earnings

Canfor Co. (TSE:CFP) – Research analysts at Raymond James decreased their FY2026 EPS estimates for Canfor in a research report issued on Monday, January 20th. Raymond James analyst D. Swetlishoff now expects that the company will earn $1.47 per share for the year, down from their previous estimate of $1.68. Raymond James has a “Strong-Buy” rating and a $28.00 price objective on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

Several other analysts have also recently weighed in on the company. TD Securities dropped their price objective on Canfor from C$22.00 to C$21.00 and set a “buy” rating for the company in a report on Tuesday, October 29th. CIBC cut their price target on shares of Canfor from C$21.00 to C$19.00 in a research note on Wednesday, January 15th. BMO Capital Markets downgraded Canfor from an “outperform” rating to a “market perform” rating in a report on Friday, December 6th. Finally, Royal Bank of Canada decreased their price objective on Canfor from C$21.00 to C$19.00 and set an “outperform” rating for the company in a report on Friday, December 20th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$21.00.

Canfor Stock Performance

Canfor stock opened at C$15.65 on Tuesday. The company has a quick ratio of 2.14, a current ratio of 1.99 and a debt-to-equity ratio of 11.97. The stock has a 50-day simple moving average of C$16.14 and a 200 day simple moving average of C$15.76. Canfor has a 12-month low of C$13.53 and a 12-month high of C$18.38. The stock has a market capitalization of C$1.85 billion, a price-to-earnings ratio of -4.64 and a beta of 2.08.

About Canfor

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.