Resolute Forest Products Inc. (RFP)
| Market Cap | 1.09B |
| Revenue (ttm) | 3.74B |
| Net Income (ttm) | 430.00M |
| Shares Out | 76.80M |
| EPS (ttm) | 3.83 |
| PE Ratio | 3.69 |
| Forward PE | 2.72 |
| Dividend | $1.00 (7.08%) |
| Ex-Dividend Date | n/a |
| Volume | 801,625 |
| Open | 14.84 |
| Previous Close | 14.93 |
| Day's Range | 14.03 - 14.97 |
| 52-Week Range | 9.84 - 17.65 |
| Beta | 3.31 |
| Analysts | Buy |
| Price Target | 18.87 (+33.5%) |
| Earnings Date | May 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...
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 StatementsAnalyst 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.
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...
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 ...
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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...
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...
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...
Resolute Forest Products: A Low Price-Earnings Stock Showing Strength
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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 ...
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...
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...
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...
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.
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...
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.
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...
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...
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 ...
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 $184 million at quarter-end Repurchased 1.2 million shares in Q3 ...
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Duncan K. Davies Named Chairman of the Board of Resolute
MONTRÉAL, Sept. 13, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that the board of directors appointed, effective today, Duncan K.
Resolute Reports Preliminary Second Quarter 2021 Results
US$ 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 ...
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.
Why Resolute Forest Products Stock Lost 27% in June
Shares of the paper and wood products company slid along with lumber prices last month.
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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...