Stella-Jones FY2024 EPS Decreased by National Bank Financial

Stella-Jones Inc. (TSE:SJ) – National Bank Financial reduced their FY2024 earnings per share (EPS) estimates for shares of Stella-Jones in a note issued to investors on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now anticipates that the company will post earnings of $5.46 per share for the year, down from their previous forecast 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.

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

Stella-Jones Trading Up 0.2 %

SJ opened at C$73.51 on Friday. The firm’s fifty day moving average is C$71.17 and its two-hundred day moving average is C$82.97. The firm has a market cap of C$4.14 billion, a PE ratio of 11.88, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. Stella-Jones has a twelve month low of C$65.43 and a twelve month high of C$98.00. The company has a debt-to-equity ratio of 93.08, a quick ratio of 1.20 and a current ratio of 6.57.

Stella-Jones (TSE:SJ) last released its earnings results on Wednesday, November 6th. The company reported C$1.42 earnings per share 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 period last year, the business posted $1.91 earnings per share.

Insider Activity

In other news, Senior Officer Richard Cuddihy acquired 500 shares of Stella-Jones stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of C$70.85 per share, for a total transaction of C$35,424.00. Also, Director Rhodri Harries bought 5,000 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was purchased at an average cost of C$70.50 per share, for a total transaction of C$352,500.00. Over the last 90 days, insiders acquired 12,785 shares of company stock valued at $896,221. 0.14% of the stock is owned by company insiders.

Stella-Jones Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend was Monday, December 2nd. Stella-Jones’s dividend payout ratio is currently 18.09%.

About Stella-Jones

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.