Stella-Jones (SJ) Scheduled to Post Quarterly 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 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.90 by C$0.08. The firm had revenue of C$688.00 million for the quarter, compared to analyst estimates of C$722.50 million. Stella-Jones had a net margin of 9.82% and a return on equity of 20.32%.

Stella-Jones Trading Down 0.2 %

Shares of SJ opened at C$79.98 on Wednesday. The firm’s 50-day moving average price is C$78.08 and its 200-day moving average price is C$78.07. The firm has a market capitalization of C$4.53 billion, a price-to-earnings ratio of 14.23, a PEG ratio of 2.40 and a beta of 0.68. The company has a current ratio of 5.07, a quick ratio of 1.20 and a debt-to-equity ratio of 97.46. Stella-Jones has a 1-year low of C$52.79 and a 1-year high of C$85.77.

Stella-Jones Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, April 1st were paid a dividend of $0.28 per share. The ex-dividend date was Thursday, March 28th. This represents a $1.12 annualized dividend and a yield of 1.40%. This is a positive change from Stella-Jones’s previous quarterly dividend of $0.23. Stella-Jones’s payout ratio is presently 19.93%.

Insider Buying and Selling at Stella-Jones

In other news, Director Kevin Patrick Comerford purchased 1,300 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was acquired at an average cost of C$53.39 per share, for a total transaction of C$69,407.00. In other news, Director Simon Pelletier purchased 2,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was acquired at an average cost of C$73.15 per share, for a total transaction of C$146,290.00. Also, Director Kevin Patrick Comerford bought 1,300 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The shares were bought at an average price of C$53.39 per share, with a total value of C$69,407.00. Over the last ninety days, insiders acquired 3,800 shares of company stock valued at $251,922. Insiders own 0.14% of the company’s stock.

Wall Street Analysts Forecast Growth

SJ has been the topic of several analyst reports. National Bankshares upped their target price on shares of Stella-Jones from C$87.00 to C$89.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. TD Securities dropped their target price on shares of Stella-Jones from C$96.00 to C$94.00 and set a “buy” rating on the stock in a research note on Friday, March 1st. CIBC upped their target price on shares of Stella-Jones from C$85.00 to C$86.00 in a research note on Thursday, April 11th. 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 research note on Friday, March 1st. Finally, Royal Bank of Canada upped their target price on shares of Stella-Jones from C$91.00 to C$94.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$88.71.

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.