What is Scotiabank’s Estimate for Canfor FY2025 Earnings?

Canfor Co. (TSE:CFP) – Equities researchers at Scotiabank lowered their FY2025 earnings estimates for shares of Canfor in a report issued on Monday, March 10th. Scotiabank analyst B. Isaacson now forecasts that the company will earn ($0.06) per share for the year, down from their prior forecast of $0.03. Scotiabank has a “Strong Sell” rating on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share. Scotiabank also issued estimates for Canfor’s FY2026 earnings at $0.74 EPS.

A number of other research firms have also issued reports on CFP. Royal Bank of Canada reduced their target price on shares of Canfor from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a report on Friday, December 20th. TD Securities reduced their target price on shares of Canfor from C$20.00 to C$19.00 and set a “buy” rating on the stock in a report on Monday. BMO Capital Markets lowered shares of Canfor from an “outperform” rating to a “market perform” rating in a report on Friday, December 6th. Raymond James reduced their target price on shares of Canfor from C$28.00 to C$24.00 in a report on Thursday, January 30th. Finally, CIBC dropped their price objective on shares of Canfor from C$21.00 to C$19.00 in a research report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Canfor presently has an average rating of “Moderate Buy” and a consensus target price of C$20.00.

Canfor Price Performance

Canfor stock opened at C$15.24 on Wednesday. The firm has a market cap of C$1.83 billion, a PE ratio of -2.54 and a beta of 2.08. Canfor has a 52-week low of C$13.53 and a 52-week high of C$18.38. The company has a quick ratio of 2.14, a current ratio of 2.19 and a debt-to-equity ratio of 21.94. The company’s 50 day moving average is C$15.10 and its two-hundred day moving average is C$15.85.

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.