Stella-Jones Inc. (TSE:SJ) to Issue Quarterly Dividend of $0.28

Stella-Jones Inc. (TSE:SJ) declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Stockholders of record on Monday, December 2nd will be paid a dividend of 0.28 per share on Friday, December 20th. This represents a $1.12 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Monday, December 2nd.

Stella-Jones Stock Down 1.2 %

SJ stock traded down C$0.93 during trading on Thursday, reaching C$74.44. The stock had a trading volume of 33,381 shares, compared to its average volume of 137,160. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08. The firm has a fifty day moving average price of C$89.81 and a 200 day moving average price of C$87.81. The company has a market capitalization of C$4.19 billion, a P/E ratio of 12.18, a PEG ratio of 2.40 and a beta of 0.64. Stella-Jones has a 1-year low of C$71.41 and a 1-year high of C$98.00.

Stella-Jones (TSE:SJ) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$1.94 EPS for the quarter, missing the consensus estimate of C$1.96 by C($0.02). Stella-Jones had a return on equity of 20.64% and a net margin of 10.20%. The business had revenue of C$1.05 billion during the quarter, compared to analyst estimates of C$1.07 billion. On average, equities analysts anticipate that Stella-Jones will post 6.4457565 earnings per share for the current year.

Insider Buying and Selling at Stella-Jones

In related news, Director James Augustus Manzi sold 5,000 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$92.92, for a total transaction of C$464,583.48. 0.14% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

SJ has been the topic of a number of recent analyst reports. National Bankshares upped their target price on 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 increased their price objective on shares of Stella-Jones from C$98.00 to C$103.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. Royal Bank of Canada boosted their target price on shares of Stella-Jones from C$94.00 to C$97.00 in a research report on Wednesday, October 9th. Finally, CIBC upped their target price on shares of Stella-Jones from C$94.00 to C$97.00 in a research note on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$96.00.

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.