Hardwoods Distribution Inc (TSE:HWD) is set to announce its earnings results before the market opens on Tuesday, November 14th. Analysts expect the company to announce earnings of C$0.43 per share for the quarter.

Hardwoods Distribution Inc (TSE:HWD) opened at C$21.28 on Tuesday. Hardwoods Distribution Inc has a 1 year low of C$16.00 and a 1 year high of C$22.00.

The business also recently declared a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Monday, October 16th were given a dividend of $0.072 per share. This represents a $0.29 annualized dividend and a yield of 1.35%. This is a positive change from Hardwoods Distribution’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, October 13th.

Several equities analysts recently issued reports on HWD shares. Canaccord Genuity set a C$23.00 price target on Hardwoods Distribution and gave the stock a “buy” rating in a research report on Monday, September 25th. National Bank Financial raised their price target on Hardwoods Distribution from C$23.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 17th.

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About Hardwoods Distribution

Hardwoods Distribution Inc is a Canada-based company engaged in the wholesale distribution of hardwood lumber and related sheet good and specialty products. The Company operates through its Canada and United States segments. The Company, through its subsidiaries, is engaged in operating a network of over 30 distribution centers in Canada and the United States.

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