Stella-Jones FY2024 EPS Decreased by National Bank Financial

Stella-Jones Inc. (TSE:SJFree Report) – Equities researchers at National Bank Financial dropped their FY2024 EPS estimates for Stella-Jones in a research note issued on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now forecasts that the company will earn $5.46 per share for the year, down from their previous estimate of $5.74. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share. National Bank Financial also issued estimates for Stella-Jones’ Q3 2025 earnings at $1.55 EPS, Q4 2025 earnings at $1.01 EPS and FY2026 earnings at $5.65 EPS.

Several other analysts have also recently issued reports on SJ. Scotiabank cut their target price on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. Royal Bank of Canada reduced their price objective on shares of Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. Cibc World Mkts raised shares of Stella-Jones from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 14th. TD Securities decreased their price target on shares of Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Finally, CIBC upgraded Stella-Jones from a “neutral” rating to an “outperform” rating and raised their price objective for the company from C$83.00 to C$86.00 in a research report on Wednesday, January 15th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$88.50.

Check Out Our Latest Research Report on SJ

Stella-Jones Stock Up 0.2 %

SJ stock opened at C$73.51 on Friday. The business’s 50-day moving average price is C$71.17 and its 200-day moving average price is C$82.97. The stock has a market cap of C$4.14 billion, a P/E ratio of 11.88, a PEG ratio of 2.40 and a beta of 0.64. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08. Stella-Jones has a twelve month low of C$65.43 and a twelve month high of C$98.00.

Stella-Jones (TSE:SJGet Free Report) last announced its earnings results on Wednesday, November 6th. The company reported C$1.42 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.70 by C($0.28). Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. During the same quarter in the prior year, the business earned $1.91 EPS.

Stella-Jones Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Monday, December 2nd were given a dividend of $0.28 per share. The ex-dividend date was Monday, December 2nd. This represents a $1.12 annualized dividend and a yield of 1.52%. Stella-Jones’s dividend payout ratio (DPR) is presently 18.09%.

Insider Activity

In other Stella-Jones news, Senior Officer Richard Cuddihy acquired 500 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was purchased at an average price of C$70.85 per share, for a total transaction of C$35,424.00. Also, Director Rhodri Harries acquired 5,000 shares of the stock in a transaction dated Tuesday, November 12th. The stock was acquired at an average cost of C$70.50 per share, with a total value of C$352,500.00. In the last three months, insiders have purchased 12,785 shares of company stock worth $896,221. 0.14% of the stock is currently owned by company insiders.

About Stella-Jones

(Get Free Report)

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets.

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