National Bank Financial Comments on Domtar Corp’s FY2019 Earnings (UFS)
Domtar Corp (TSE:UFS) (NYSE:UFS) – Equities researchers at National Bank Financial issued their FY2019 EPS estimates for Domtar Corp in a research note issued to investors on Thursday. National Bank Financial analyst L. Aghazarian expects that the company will earn $3.45 per share for the year.
Separately, Scotiabank lifted their target price on Domtar Corp to C$50.00 and gave the company a “sector perform” rating in a research report on Thursday, August 3rd.
Shares of Domtar Corp (TSE UFS) traded down 0.04% during midday trading on Monday, hitting $54.91. The stock had a trading volume of 18,421 shares. The firm has a market cap of $3.44 billion and a P/E ratio of 20.94. The company’s 50 day moving average is $52.28 and its 200 day moving average is $50.43. Domtar Corp has a 52 week low of $45.48 and a 52 week high of $58.31.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Monday, October 2nd were given a $0.415 dividend. The ex-dividend date of this dividend was Friday, September 29th. This represents a $1.66 annualized dividend and a yield of 3.02%.
Domtar Corp Company Profile
Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.
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