Stella-Jones (SJ) – Research Analysts’ Weekly Ratings Updates

Stella-Jones (TSE: SJ) recently received a number of ratings updates from brokerages and research firms:

• 11/7/2024 – Stella-Jones had its price target lowered by analysts at TD Securities from C$103.00 to C$88.00. They now have a “buy” rating on the stock.
• 11/7/2024 – Stella-Jones had its price target lowered by analysts at CIBC from C$99.00 to C$83.00.
• 11/7/2024 – Stella-Jones had its price target lowered by analysts at Royal Bank of Canada from C$97.00 to C$81.00.
• 11/7/2024 – Stella-Jones had its price target lowered by analysts at Scotiabank from C$95.00 to C$85.00.
• 10/9/2024 – Stella-Jones had its price target raised by analysts at Royal Bank of Canada from C$94.00 to C$97.00.

Stella-Jones Stock Down 0.4 %

TSE:SJ opened at C$70.72 on Wednesday. The company has a market cap of C$3.99 billion, a PE ratio of 11.42, a P/E/G ratio of 2.40 and a beta of 0.64. Stella-Jones Inc. has a twelve month low of C$69.76 and a twelve month high of C$98.00. 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 company’s 50 day moving average is C$88.30 and its two-hundred day moving average is C$87.59.

Stella-Jones Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.58%. The ex-dividend date is Monday, December 2nd. Stella-Jones’s dividend payout ratio is presently 18.09%.

Insiders Place Their Bets

In other Stella-Jones news, Director James Augustus Manzi sold 5,000 shares of the business’s stock in a transaction that occurred on 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.

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.