Resolute Forest Products Inc. (RFP)

NYSE: RFP · Delayed Price · USD
14.13
-0.80 (-5.36%)
At close: May 18, 2022 4:00 PM
14.30
0.17 (1.20%)
Pre-market:May 19, 2022 7:32 AM EDT
Market Cap1.09B
Revenue (ttm)3.74B
Net Income (ttm)430.00M
Shares Out76.80M
EPS (ttm)3.83
PE Ratio3.69
Forward PE2.72
Dividend$1.00 (7.08%)
Ex-Dividend Daten/a
Volume801,625
Open14.84
Previous Close14.93
Day's Range14.03 - 14.97
52-Week Range9.84 - 17.65
Beta3.31
AnalystsBuy
Price Target18.87 (+33.5%)
Earnings DateMay 5, 2022

About RFP

Resolute Forest Products Inc., together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached Kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products. The Tissue segment provides various tissue products, such as recycled and virg...

IndustryPaper & Forest Products
CEOArnold Nemirow
Employees6,900
Stock ExchangeNYSE
Ticker SymbolRFP
Full Company Profile

Financial Performance

In 2021, RFP's revenue was $3.66 billion, an increase of 30.86% compared to the previous year's $2.80 billion. Earnings were $307.00 million, an increase of 2,970.00%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for RFP stock is "Buy." The 12-month stock price forecast is 18.87, which is an increase of 33.55% from the latest price.

Price Target
$18.87
(33.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Resolute Announces Labor Agreement-in-Principle with Seven Canadian Pulp and Paper Mills

MONTREAL , May 15, 2022 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that it reached an agreement-in-principle for a four-year labor agreement with the Unifor unio...

3 days ago - PRNewsWire

Resolute Reports Preliminary First Quarter 2022 Results

US $ Q1 GAAP net income of $210 million / $2.68 per diluted share Adjusted EBITDA of $270 million Net debt at $140 million / liquidity at $1.1 billion at quarter-end Acquisition of remaining 50% equity ...

2 weeks ago - PRNewsWire

3 Stocks to Watch as Lumber Prices Fall

These lumber stocks have low valuation metrics, high-profit margins and strong financial structures. With timber prices dipping, these lumber stocks are well-positioned to withstand the downturn.

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3 weeks ago - InvestorPlace

3 Dirt-Cheap Stocks That Could Skyrocket

Take a closer look at these value stocks.

Other symbols:PRTSRH
1 month ago - The Motley Fool

MEDIA ADVISORY - Resolute to Host Management Call to Discuss First Quarter 2022 Results

MONTREAL , April 14, 2022 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) expects to announce its first quarter financial results on May 5, 2022, at 7:00 a.m. (ET), and to hold a con...

1 month ago - PRNewsWire

Boralex Announces Closing of the Sale of the Senneterre Power Plant

MONTREAL, April 01, 2022 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces closing of the sale of the 34.5 MW Senneterre power plant (the “power plant”), the last remain...

1 month ago - GlobeNewsWire

Resolute to Hold its Annual Meeting of Stockholders on May 27, 2022

MONTREAL, March 24, 2022 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) will hold its virtual and in-person annual meeting of stockholders on Friday, May 27, 2022, at 8 a.m. (Easter...

1 month ago - PRNewsWire

Resolute Forest Products: A Low Price-Earnings Stock Showing Strength

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2 months ago - GuruFocus

Resolute Acquires Louisiana-Pacific's 50% Equity Interest in Resolute-LP Engineered Wood Partnership

US $ MONTRÉAL, March 4, 2022 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that it has completed the previously announced acquisition of the 50% equity interest of ...

Other symbols:LPX
2 months ago - PRNewsWire

Boralex announces an agreement for the sale of the Senneterre biomass power plant

MONTREAL, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces an agreement for the sale of the 34.5 MW Senneterre power plant (the “Power Plant”), the last r...

3 months ago - GlobeNewsWire

Resolute to Improve Competitiveness of Wood Products With Buyout of I-joist Partner and Acquisition of Strategic Coge...

US $ MONTRÉAL, Feb. 14, 2022 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced two separate transactions to grow and improve the competitiveness of its wood products bu...

3 months ago - PRNewsWire

LP Building Solutions to Sell Stake in I-Joist Joint Venture to Resolute Forest Products

NASHVILLE, Tenn., Feb. 14, 2022 /PRNewswire/ -- LP Building Solutions (LP) (NYSE: LPX) today announced an agreement to sell its 50% equity interest in two joint ventures that produce I-joists to Resolut...

Other symbols:LPX
3 months ago - PRNewsWire

Why Resolute Forest Products Stock Plunged 22% Today

The diversified forest products company reported earnings and they didn't come close to meeting investor expectations.

3 months ago - The Motley Fool

MEDIA ADVISORY - Resolute to Host Management Call to Discuss Fourth Quarter and 2021 Annual Results

MONTREAL, Jan. 13, 2022 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) expects to announce its annual financial results on February 3, 2022, at 7:00 a.m. (ET), and to hold a confere...

4 months ago - PRNewsWire

Resolute Forest Products: Undervalued With a Catalyst?

Resolute Forest Products ( RFP , Financial) looks to be a cheap company with an upcoming catalyst, which could lead to a re-rating of the stock.

4 months ago - GuruFocus

Resolute Announces Indefinite Idling of Pulp and Paper Operations at Calhoun, TN Mill

US $ MONTREAL, Dec. 16, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the indefinite idling of pulp and paper operations at its Calhoun (Tennessee) mill. Tissu...

5 months ago - PRNewsWire

Resolute Completes Amendment and Extension of Its ABL Credit Facility

US $ MONTRÉAL, Dec. 15, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced a reset of the five-year maturity of its senior secured asset-based revolving credit faci...

5 months ago - PRNewsWire

Resolute Announces Share Repurchase Program

US $ MONTREAL, Dec. 7, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that its board of directors authorized the repurchase of up to $100 million or 10 million ...

5 months ago - PRNewsWire

Resolute Reports Preliminary Third Quarter 2021 Results

US $ Q3 GAAP net income of $80 million / $0.99 per diluted share Adjusted EBITDA of $144 million Liquidity of $930 million / net debt of $184 million at quarter-end Repurchased 1.2 million shares in Q3 ...

6 months ago - PRNewsWire

2 Stocks These Canadian Investors Agree On

Canadian investors Prem Watsa (Trades, Portfolio), leader of Fairfax Financial Holdings Ltd. ( TSX:FFH , Financial), and Francis Chou (Trades, Portfolio), head of Chou Associates Management, met each ot...

Other symbols:BB
8 months ago - GuruFocus

Duncan K. Davies Named Chairman of the Board of Resolute

MONTRÉAL, Sept. 13, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that the board of directors appointed, effective today, Duncan K.

8 months ago - PRNewsWire

Resolute Reports Preliminary Second Quarter 2021 Results

US$ Q2 GAAP net income of $268 million / $3.34 per diluted share Adjusted EBITDA of $445 million; wood products contributes $415 million to quarterly EBITDA Liquidity over $1 billion / net debt down to ...

9 months ago - PRNewsWire

Resolute Forest Products's Earnings: A Preview

Resolute Forest Products (NYSE:RFP) will be releasing its next round of earnings this Thursday, July 29. For all of the relevant information, here is your guide for Thursday's Q2 earnings announcement.

9 months ago - Benzinga

Why Resolute Forest Products Stock Lost 27% in June

Shares of the paper and wood products company slid along with lumber prices last month.

10 months ago - The Motley Fool

Lumber prices fall for the 8th straight day to near $1,000 per thousand board feet for the first time since March

Lumber prices fell for the eighth straight day on Friday to near $1,000 per thousand board feet for the first time since March in a reprieve for ailing homebuilders and renovators. Lumber futures fell 5...

Other symbols:CUTNAILWFGWOOD
11 months ago - Business Insider