Stella-Jones (SJ) to Release Earnings on Wednesday

Stella-Jones (TSE:SJ) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of C$1.09 per share for the quarter.

Stella-Jones (TSE:SJ) last announced its earnings results on Thursday, February 29th. The company reported C$0.98 EPS for the quarter, topping the consensus estimate of C$0.90 by C$0.08. The firm had revenue of C$688.00 million for the quarter, compared to the consensus estimate of C$722.50 million. Stella-Jones had a net margin of 9.82% and a return on equity of 20.32%.

Stella-Jones Stock Performance

Shares of SJ opened at C$73.99 on Tuesday. The company has a market capitalization of C$4.19 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 2.40 and a beta of 0.68. Stella-Jones has a one year low of C$54.02 and a one year high of C$85.77. The company has a debt-to-equity ratio of 97.46, a current ratio of 5.07 and a quick ratio of 1.20. The company’s fifty day moving average price is C$77.91 and its 200 day moving average price is C$78.28.

Stella-Jones Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, April 1st were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 1.51%. The ex-dividend date was Thursday, March 28th. This is an increase from Stella-Jones’s previous quarterly dividend of $0.23. Stella-Jones’s dividend payout ratio (DPR) is 19.93%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on SJ shares. Desjardins dropped their target price on shares of Stella-Jones from C$94.00 to C$92.00 and set a “buy” rating on the stock in a report on Friday, March 1st. Royal Bank of Canada boosted their price objective on shares of Stella-Jones from C$91.00 to C$94.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. Scotiabank dropped their price objective on shares of Stella-Jones from C$89.00 to C$86.00 and set a “sector perform” rating on the stock in a report on Friday, March 1st. CIBC boosted their price objective on shares of Stella-Jones from C$85.00 to C$86.00 in a report on Thursday, April 11th. Finally, National Bankshares boosted their price objective on shares of Stella-Jones from C$87.00 to C$89.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Stella-Jones has a consensus rating of “Moderate Buy” and a consensus target price of C$88.71.

Insider Activity

In other Stella-Jones news, Director Kevin Patrick Comerford bought 1,300 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The shares were acquired at an average cost of C$53.39 per share, for a total transaction of C$69,407.00. In other news, Senior Officer Richard Cuddihy purchased 500 shares of Stella-Jones stock in a transaction on Thursday, March 14th. The shares were purchased at an average cost of C$72.45 per share, for a total transaction of C$36,225.00. Also, Director Kevin Patrick Comerford purchased 1,300 shares of Stella-Jones stock in a transaction on Tuesday, March 5th. The stock was purchased at an average price of C$53.39 per share, for a total transaction of C$69,407.00. In the last three months, insiders have acquired 3,800 shares of company stock worth $251,922. Corporate insiders own 0.14% of the company’s stock.

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.