Is Canfor Corp stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Canfor Corp pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Friday 10th of November 2006 were paid $1.648 per share. Over the last 26 times between 1995 and 2006, Canfor Corp has paid $3.239 with an average of $0.12 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Canfor Corp 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $15.17, you would have made a loss of $-1.160 per share or -7.65%
Yes, the average daily trading liquidity for Canfor Corp is $195 627 thousand. You should therefore be able to get in and out of your positions relatively fast.
Canfor Corp has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.73, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Canfor Corp to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.