Stella-Jones Inc. (TSE:SJ - Free Report) - Equities researchers at Desjardins lowered their FY2024 earnings per share (EPS) estimates for shares of Stella-Jones in a report issued on Wednesday, November 6th. Desjardins analyst B. Poirier now expects that the company will post earnings per share of $5.46 for the year, down from their previous forecast of $5.87. The consensus estimate for Stella-Jones' current full-year earnings is $6.45 per share. Desjardins also issued estimates for Stella-Jones' Q4 2024 earnings at $0.84 EPS and FY2025 earnings at $5.59 EPS.
A number of other equities research analysts also recently weighed in on SJ. TD Securities dropped their target price on Stella-Jones from C$103.00 to C$88.00 and set a "buy" rating for the company in a report on Thursday. CIBC dropped their price target on Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday. Royal Bank of Canada dropped their price target on Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday. National Bankshares boosted their price target on Stella-Jones from C$91.00 to C$99.00 and gave the company an "outperform" rating in a research note on Tuesday, July 16th. Finally, Scotiabank dropped their price target on Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Stella-Jones has a consensus rating of "Moderate Buy" and an average price target of C$88.00.
Read Our Latest Research Report on SJ
Stella-Jones Stock Performance
Shares of SJ traded down C$0.42 during midday trading on Monday, reaching C$71.95. 100,983 shares of the stock were exchanged, compared to its average volume of 139,647. Stella-Jones has a twelve month low of C$71.41 and a twelve month high of C$98.00. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08. The company has a market cap of C$4.05 billion, a P/E ratio of 11.69, a PEG ratio of 2.40 and a beta of 0.64. The stock's 50 day simple moving average is C$89.18 and its 200 day simple moving average is C$87.72.
Insider Buying and Selling
In related news, Director James Augustus Manzi sold 5,000 shares of Stella-Jones stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$92.92, for a total value of C$464,583.48. 0.14% of the stock is owned by insiders.
Stella-Jones Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 2nd will be paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Monday, December 2nd. Stella-Jones's dividend payout ratio is currently 18.09%.
About Stella-Jones
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Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.
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