Stella-Jones Inc (TSE:SJ) – Investment analysts at Desjardins issued their Q1 2018 earnings per share (EPS) estimates for shares of Stella-Jones in a research report issued to clients and investors on Thursday. Desjardins analyst B. Poirier expects that the company will earn $0.36 per share for the quarter. Desjardins also issued estimates for Stella-Jones’ Q2 2018 earnings at $0.72 EPS, Q3 2018 earnings at $0.71 EPS and Q4 2018 earnings at $0.45 EPS.
Stella-Jones (TSE:SJ) last released its quarterly earnings data on Wednesday, March 14th. The company reported C$0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.28 by C$0.46. The business had revenue of C$377.40 million for the quarter, compared to analysts’ expectations of C$371.07 million. Stella-Jones had a return on equity of 15.87% and a net margin of 8.11%.
Other equities analysts have also recently issued reports about the company. Laurentian upped their price objective on Stella-Jones from C$55.00 to C$57.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Acumen Capital increased their price target on Stella-Jones from C$50.50 to C$55.00 and gave the company a “buy” rating in a report on Wednesday, November 22nd. TD Securities raised Stella-Jones from a “hold” rating to a “buy” rating and lowered their price target for the company from C$54.00 to C$53.00 in a report on Thursday. National Bank Financial lowered their price target on Stella-Jones from C$55.00 to C$53.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Royal Bank of Canada lowered their price target on Stella-Jones from C$56.00 to C$53.00 and set an “outperform” rating on the stock in a report on Thursday. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of C$52.57.
Stella-Jones (TSE:SJ) opened at C$45.35 on Friday. The stock has a market capitalization of $3,280.00, a P/E ratio of 23.26 and a beta of 0.76. Stella-Jones has a 12-month low of C$38.12 and a 12-month high of C$52.22.
The company also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Stockholders of record on Friday, April 6th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.06%. This is a boost from Stella-Jones’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Thursday, April 5th. Stella-Jones’s dividend payout ratio is presently 22.56%.
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Stella-Jones Company Profile
Stella-Jones Inc is a Canada-based company, which is a producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties and timbers, and the continent’s electrical utilities and telecommunication companies with utility poles. It manufactures and distributes residential lumber and accessories to retailers for outdoor applications, as well as industrial products, which include marine and foundation pilings, construction timbers, wood for bridges and coal tar-based products.
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