Stella-Jones (TSE:SJ) had its price target increased by Royal Bank of Canada from C$50.00 to C$52.00 in a report published on Friday, BayStreet.CA reports. Royal Bank of Canada currently has an outperform rating on the stock.
Shares of TSE:SJ opened at C$45.54 on Friday. Stella-Jones has a 52 week low of C$37.40 and a 52 week high of C$48.67. The company has a market capitalization of $3.16 billion and a price-to-earnings ratio of 23.00. The company has a current ratio of 6.70, a quick ratio of 1.22 and a debt-to-equity ratio of 40.07.
Stella-Jones (TSE:SJ) last announced its quarterly earnings results on Friday, March 15th. The company reported C$0.30 EPS for the quarter, missing the consensus estimate of C$0.44 by C($0.14). The business had revenue of C$432.80 million for the quarter, compared to the consensus estimate of C$417.40 million. Sell-side analysts predict that Stella-Jones will post 2.74999978874014 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 6th will be given a $0.14 dividend. This is an increase from Stella-Jones’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Wednesday, June 5th. This represents a $0.56 dividend on an annualized basis and a yield of 1.23%. Stella-Jones’s dividend payout ratio is presently 24.24%.
Stella-Jones Company Profile
Stella-Jones Inc produces, markets, and sells pressure treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers for outdoor applications; industrial products, including bridge timbers, foundation and marine pilings; and construction timbers.
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