What is Scotiabank’s Forecast for Canfor Q3 Earnings?

Canfor Co. (TSE:CFP) – Stock analysts at Scotiabank issued their Q3 2026 earnings per share (EPS) estimates for Canfor in a research report issued on Tuesday, August 4th. Scotiabank analyst B. Isaacson expects that the company will post earnings of ($0.12) per share for the quarter. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

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

Other equities analysts have also issued research reports about the stock. Royal Bank Of Canada lowered shares of Canfor from a “moderate buy” rating to a “hold” rating and set a C$15.00 price target on the stock. in a report on Thursday, April 16th. Raymond James Financial downgraded 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 report on Friday, April 24th. Finally, TD upped their target price on shares of Canfor from C$18.00 to C$20.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Canfor has a consensus rating of “Moderate Buy” and a consensus target price of C$17.00.

Canfor Trading Up 4.3%

Shares of Canfor stock opened at C$15.65 on Wednesday. The company has a debt-to-equity ratio of 41.78, a current ratio of 1.35 and a quick ratio of 2.14. Canfor has a 1 year low of C$10.86 and a 1 year high of C$16.08. The firm has a market cap of C$1.84 billion, a PE ratio of -2.80 and a beta of 1.37. The company has a 50 day simple moving average of C$13.88 and a two-hundred day simple moving average of C$13.64.

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.