A number of other research firms also recently commented on SJ. Scotiabank reaffirmed a sector perform rating and issued a C$53.00 target price on shares of Stella-Jones in a research report on Thursday, August 11th. TD Securities cut their target price on shares of Stella-Jones from C$59.00 to C$56.00 and set a buy rating for the company in a research report on Thursday, August 11th. Royal Bank Of Canada reaffirmed an outperform rating and issued a C$56.00 target price on shares of Stella-Jones in a research report on Wednesday, July 20th. Finally, Desjardins raised shares of Stella-Jones from a hold rating to a buy rating in a research report on Monday, September 19th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of C$54.58.
Stella-Jones (TSE:SJ) opened at 45.09 on Wednesday. Stella-Jones has a 52 week low of $39.00 and a 52 week high of $54.00. The company has a market cap of $3.12 billion and a price-to-earnings ratio of 19.27. The stock has a 50 day moving average price of $44.67 and a 200 day moving average price of $46.81.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 23rd. Stockholders of record on Friday, September 23rd were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend was Wednesday, August 31st.
Stella-Jones Inc is a Canada-based producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties and timbers, and electrical utilities and telecommunication companies with utility poles. It also provides residential lumber and customized services to retailers and wholesalers 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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