Canfor (TSE:CFP) Releases Quarterly Earnings Results

Canfor (TSE:CFP) announced its earnings results on Wednesday. The company reported C($0.62) EPS for the quarter, FiscalAI reports. The business had revenue of C$1.36 billion during the quarter. Canfor had a negative return on equity of 27.04% and a negative net margin of 14.92%.

Here are the key takeaways from Canfor’s conference call:

• The company reported an operating loss of CAD 904 million in 2025 (vs CAD 942 million in 2024) and an adjusted operating loss of CAD 93 million in Q1 2026, showing only a modest sequential improvement.
• Management expanded its global footprint by acquiring three mills in central Sweden and completed the purchase of the outstanding shares of Canfor Pulp in spring 2026, alongside targeted capital investments to improve operational efficiency.
• Canfor said soft global demand, trade tensions and U.S. lumber duties continued to pressure pricing, but noted tighter supply pushed North American lumber prices higher in early 2026 and there was a modest uplift in softwood pulp prices to China.
• The company is refreshing its corporate strategy—keeping lumber as the core, optimizing adjacent businesses, selectively growing value‑added products, and updating sustainability plans aligned with regulatory and market expectations.

Canfor Stock Up 1.0%

TSE:CFP opened at C$12.52 on Friday. The stock’s fifty day moving average price is C$13.15 and its two-hundred day moving average price is C$12.90. Canfor has a 52-week low of C$10.86 and a 52-week high of C$16.08. The company has a debt-to-equity ratio of 37.16, a quick ratio of 2.14 and a current ratio of 1.45. The company has a market cap of C$1.47 billion, a price-to-earnings ratio of -1.85 and a beta of 1.41.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Raymond James Financial downgraded Canfor from a “strong-buy” rating to an “outperform” rating and set a C$17.00 target price on the stock. in a report on Friday, April 24th. Royal Bank Of Canada downgraded Canfor from a “moderate buy” rating to a “hold” rating and set a C$15.00 target price on the stock. in a report on Thursday, April 16th. Finally, Scotiabank raised Canfor from a “strong sell” rating to a “hold” rating and boosted their target price for the stock from C$13.00 to C$16.00 in a report on Monday, January 26th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Canfor currently has an average rating of “Moderate Buy” and an average price target of C$16.25.

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.