FY2025 EPS Estimates for Stella-Jones Reduced by Desjardins

Stella-Jones Inc. (TSE:SJ) – Desjardins lowered their FY2025 EPS estimates for shares of Stella-Jones in a report issued on Wednesday, May 7th. Desjardins analyst B. Poirier now anticipates that the company will post earnings per share of $5.72 for the year, down from their previous forecast of $5.84. Desjardins currently has a “Buy” rating and a $94.00 price objective on the stock. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share.

SJ has been the topic of several other reports. TD Securities raised their price target on shares of Stella-Jones from C$88.00 to C$90.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Scotiabank decreased their target price on shares of Stella-Jones from C$85.00 to C$79.00 in a research report on Monday, March 3rd. CIBC decreased their target price on shares of Stella-Jones from C$86.00 to C$79.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 22nd. Cibc World Mkts raised shares of Stella-Jones from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 14th. Finally, Royal Bank of Canada raised their target price on shares of Stella-Jones from C$75.00 to C$76.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 8th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Stella-Jones currently has a consensus rating of “Buy” and a consensus price target of C$86.17.

Stella-Jones Price Performance

Stella-Jones stock opened at C$74.53 on Monday. Stella-Jones has a 12-month low of C$62.26 and a 12-month high of C$98.00. The stock has a market capitalization of C$4.17 billion, a P/E ratio of 13.02, a P/E/G ratio of 2.40 and a beta of 0.64. The firm’s 50-day moving average is C$67.53 and its two-hundred day moving average is C$70.38. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20.

Insider Activity at Stella-Jones

In other news, Director James Augustus Manzi sold 1,000 shares of Stella-Jones stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of C$65.79, for a total transaction of C$65,788.60. 0.14% of the stock is currently owned by insiders.

Stella-Jones Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Tuesday, April 1st were issued a $0.31 dividend. This is a positive change from Stella-Jones’s previous quarterly dividend of $0.28. This represents a $1.24 annualized dividend and a yield of 1.66%. Stella-Jones’s dividend payout ratio (DPR) is presently 19.56%.

About Stella-Jones

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets.