Stella-Jones Inc. (TSE:SJ) Director Rhodri Harries Buys 5,000 Shares

Stella-Jones Inc. (TSE:SJ - Get Free Report) Director Rhodri Harries acquired 5,000 shares of the company's stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average cost of C$70.50 per share, for a total transaction of C$352,500.00.

Stella-Jones Trading Down 1.0 %

TSE SJ traded down C$0.68 during trading on Wednesday, hitting C$70.04. 295,416 shares of the company's stock traded hands, compared to its average volume of 142,319. The stock has a fifty day moving average of C$88.30 and a two-hundred day moving average of C$87.59. Stella-Jones Inc. has a 12-month low of C$69.15 and a 12-month high of C$98.00. The firm has a market cap of C$3.95 billion, a P/E ratio of 11.42, a PEG ratio of 2.40 and a beta of 0.64. The company has a debt-to-equity ratio of 93.08, a current ratio of 6.57 and a quick ratio of 1.20.

Stella-Jones Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 2nd will be issued a dividend of $0.28 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.12 dividend on an annualized basis and a yield of 1.60%. Stella-Jones's dividend payout ratio is currently 18.09%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. National Bankshares lifted their target price on shares of Stella-Jones from C$91.00 to C$99.00 and gave the company an "outperform" rating in a research report on Tuesday, July 16th. TD Securities dropped their price objective on shares of Stella-Jones from C$103.00 to C$88.00 and set a "buy" rating for the company in a report on Thursday, November 7th. Royal Bank of Canada reduced their target price on Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday, November 7th. Scotiabank dropped their price target on Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th. Finally, CIBC cut their price objective on Stella-Jones from C$99.00 to C$83.00 in a report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$88.00.

Stella-Jones Company Profile

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.