Should I buy or sell Stelco stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stelco in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" STLC shares. View STLC analyst ratings or view top-rated stocks .

What is Stelco's stock price target for 2024?

8 brokers have issued 12-month target prices for Stelco's stock. Their STLC share price targets range from C$42.00 to C$58.00. On average, they expect the company's share price to reach C$50.83 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price. View analysts price targets for STLC or view top-rated stocks among Wall Street analysts .

How have STLC shares performed in 2024?

Stelco's stock was trading at C$50.19 at the beginning of the year. Since then, STLC stock has decreased by 15.8% and is now trading at C$42.24. View the best growth stocks for 2024 here .

When is Stelco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our STLC earnings forecast .

How often does Stelco pay dividends? What is the dividend yield for Stelco?

Stelco announced a quarterly dividend on Thursday, February 29th. Stockholders of record on Thursday, March 7th will be given a dividend of 0.50 per share on Thursday, March 7th. This represents a $2.00 annualized dividend and a yield of 4.73%. The ex-dividend date of this dividend is Thursday, February 29th. This is a boost from the stock's previous quarterly dividend of C$0.42. Read our dividend analysis for STLC .

Is Stelco a good dividend stock?

Stelco (TSE:STLC) pays an annual dividend of C$2.00 per share and currently has a dividend yield of 4.54%. STLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for STLC .

What other stocks do shareholders of Stelco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Stelco investors own include Aurora Cannabis (ACB) , BlackBerry (BB) , Dollarama (DOL) , AltaGas (ALA) , Bank of Nova Scotia (BNS) , Canadian National Railway (CNR) , Enbridge (ENB) , Keyera (KEY) , Air Canada (AC) and BCE (BCE) .

How do I buy shares of Stelco?

Shares of STLC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:STLC

Stelco (STLC) Stock Price, News & Analysis

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C$42.24

+0.31 (+0.74%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$42.11
▼
C$42.80
50-Day Range: C$37.80
▼
C$45.05
52-Week Range: C$32.93
▼
C$51.24

Volume: 213,283 shs
Average Volume: 167,517 shs
Market Capitalization: C$2.33 billion

P/E Ratio: 15.64
Dividend Yield: 4.73%
Price Target: C$50.83

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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Stelco MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 20.3% Upside
C$50.83 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.51 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Stelco has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Stelco has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for STLC.

2.5

Dividend Strength

Dividend Leadership
Stelco is a leading dividend payer. It pays a dividend yield of 4.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Stelco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Stelco is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STLC.

0.9

News and Social Media Coverage

News Sentiment
Stelco has a news sentiment score of -0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Stelco this week, compared to 1 article on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stelco insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.55% of the stock of Stelco is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
46.15% of the stock of Stelco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Stelco is 15.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stelco is 15.64, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 137.13.
Price to Earnings Growth Ratio
Stelco has a PEG Ratio of 0.03. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Stelco has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Stelco Stock (TSE:STLC)

Stelco Holdings Inc is Canada-based company and owner of one of the technologically advanced integrated steelmaking facilities in North America. The Company produce flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products as well as metallurgical coke. With gauge, crown, and shape control, as well as reliable uniformity of mechanical properties, The Company's steel products are supplied to customers in the construction, automotive and energy industries across Canada and the United States, as well as to a variety of steel service centers, which are regional distributors of steel products. The Company operates from two facilities: LEW near Nanticoke, Ontario and HW in Hamilton, Ontario.

STLC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

STLC Stock News Headlines

April 12, 2024 | msn.com

Steel Is in Demand: 2 Canadian Stocks That Should Benefit

April 11, 2024 | americanbankingnews.com

Stelco (TSE:STLC) Price Target Cut to C$54.00 by Analysts at National Bankshares

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 18, 2024 | msn.com

1 Dividend Stock Down 18% to Buy Right Now

March 11, 2024 | finance.yahoo.com

Retail investors among Stelco Holdings Inc.'s (TSE:STLC) largest shareholders, saw gain in holdings value after stock jumped 3.8% last week

February 28, 2024 | wsj.com

Stelco Holdings Inc.

February 26, 2024 | theglobeandmail.com

Stelco Holdings:Stocks Analysts Recently Upgraded on TSX (STLC)

February 23, 2024 | finance.yahoo.com

Stelco Holdings Full Year 2023 Earnings: EPS Misses Expectations

April 18, 2024 | Paradigm Press (Ad)

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February 21, 2024 | nz.finance.yahoo.com

Jeff Bezos completes 50 million Amazon share sale, nets $8.5 billion

February 21, 2024 | finance.yahoo.com

Stelco Holdings Inc. Reports Fourth Quarter and Full Year 2023 Results

December 12, 2023 | msn.com

Toronto shares decline as falling crude prices weigh on energy stocks

December 12, 2023 | msn.com

TSX Slides; Rogers Sells Cogeco Stake; Stelco Shares Up on JP Morgan Upgrade

December 8, 2023 | morningstar.com

Stelco Holdings Inc STLC

November 12, 2023 | au.investing.com

Stelco announces CA$3.42 dividend amid sustainability concerns

November 12, 2023 | finance.yahoo.com

Stelco Holdings (TSE:STLC) Will Pay A Dividend Of CA$3.42

November 11, 2023 | markets.businessinsider.com

Stelco Holdings Inc (STLC) Gets a Hold Rating from RBC Capital

November 10, 2023 | msn.com

TSX Today: What to Watch for in Stocks on Friday, November 10

November 9, 2023 | reuters.com

Upbeat earnings help TSX snap 3-day losing streak

November 8, 2023 | finance.yahoo.com

Stelco Holdings Inc. Reports Third Quarter 2023 Results

October 31, 2023 | finance.yahoo.com

Stelco Holdings Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call

October 12, 2023 | finance.yahoo.com

Stelco Holdings Inc.'s (TSE:STLC) Intrinsic Value Is Potentially 100% Above Its Share Price

September 27, 2023 | finance.yahoo.com

Stelco Holdings Inc.'s (TSE:STLC) largest shareholders are retail investors with 34% ownership, institutions own 22%

September 27, 2023 | proactiveinvestors.com

Stelco’s 'potentially ambitious bid' for US Steel faces limited success: analysts

September 22, 2023 | seekingalpha.com

Canada's Stelco weighing bid for US Steel - Bloomberg

September 22, 2023 | msn.com

Bank Layoffs, Tilray Short, Stelco Potential Bid for US Steel - Bay Street Recap

September 22, 2023 | finance.yahoo.com

Stelco reportedly mulling bid for U.S. Steel

See More Headlines

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Company Calendar

Ex-Dividend for 3/7 Dividend: 2/29/2024
Dividend Payable: 3/07/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/08/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Steel
Sub-Industry: N/A
Current Symbol: TSE:STLC
CUSIP: N/A
CIK: N/A
Web: www.stelco.com
Phone: 905 528 2511
Fax: N/A
Employees: 2,185
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$50.83
High Stock Price Target: C$58.00
Low Stock Price Target: C$42.00
Potential Upside/Downside: +20.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.70
Trailing P/E Ratio: 15.64
Forward P/E Ratio: 7.15
P/E Growth: 0.03
Net Income: C$149 million
Net Margins: 5.11%
Pretax Margin: N/A
Return on Equity: 11.03%
Return on Assets: 5.75%

Debt

Debt-to-Equity Ratio: 69.44
Current Ratio: 1.85
Quick Ratio: 1.55

Sales & Book Value

Annual Sales: C$2.92 billion
Price / Sales: 0.80
Cash Flow: C$20.59 per share
Price / Cash Flow: 2.05
Book Value: C$23.51 per share
Price / Book: 1.80

Miscellaneous

Outstanding Shares: 55,130,000
Free Float: N/A
Market Cap: C$2.33 billion
Optionable: Not Optionable
Beta: 2.35

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Key Competitors

View All Competitors

STLC Stock Analysis - Frequently Asked Questions

Should I buy or sell Stelco stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stelco in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" STLC shares.
View STLC analyst ratings or view top-rated stocks.
What is Stelco's stock price target for 2024?: 8 brokers have issued 12-month target prices for Stelco's stock. Their STLC share price targets range from C$42.00 to C$58.00. On average, they expect the company's share price to reach C$50.83 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price.
View analysts price targets for STLC or view top-rated stocks among Wall Street analysts.
How have STLC shares performed in 2024?: Stelco's stock was trading at C$50.19 at the beginning of the year. Since then, STLC stock has decreased by 15.8% and is now trading at C$42.24.
View the best growth stocks for 2024 here.
When is Stelco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our STLC earnings forecast.

How often does Stelco pay dividends? What is the dividend yield for Stelco?: Stelco announced a quarterly dividend on Thursday, February 29th. Stockholders of record on Thursday, March 7th will be given a dividend of 0.50 per share on Thursday, March 7th. This represents a $2.00 annualized dividend and a yield of 4.73%. The ex-dividend date of this dividend is Thursday, February 29th. This is a boost from the stock's previous quarterly dividend of C$0.42.
Read our dividend analysis for STLC.
Is Stelco a good dividend stock?: Stelco (TSE:STLC) pays an annual dividend of C$2.00 per share and currently has a dividend yield of 4.54%. STLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for STLC.
What other stocks do shareholders of Stelco own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Stelco investors own include Aurora Cannabis (ACB), BlackBerry (BB), Dollarama (DOL), AltaGas (ALA), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Enbridge (ENB), Keyera (KEY), Air Canada (AC) and BCE (BCE).
How do I buy shares of Stelco?: Shares of STLC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:STLC) was last updated on 4/18/2024 by MarketBeat.com Staff

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Stelco (STLC) Stock Price, News & Analysis

Stelco MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Stelco Stock (TSE:STLC)

STLC Stock Price History

STLC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Competitors

STLC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™