FY2025 EPS Estimates for Stella-Jones Lowered by Desjardins

Stella-Jones Inc. (TSE:SJ - Free Report) - Research analysts at Desjardins dropped their FY2025 earnings per share estimates for Stella-Jones in a report issued on Wednesday, May 7th. Desjardins analyst B. Poirier now anticipates that the company will post earnings per share of $5.72 for the year, down from their prior estimate of $5.84. Desjardins has a "Buy" rating and a $94.00 price target on the stock. The consensus estimate for Stella-Jones' current full-year earnings is $6.45 per share.

A number of other brokerages have also recently issued reports on SJ. Royal Bank of Canada boosted their price objective on Stella-Jones from C$75.00 to C$76.00 and gave the stock a "sector perform" rating in a report on Thursday, May 8th. Scotiabank reduced their price objective on Stella-Jones from C$85.00 to C$79.00 in a report on Monday, March 3rd. Cibc World Mkts upgraded Stella-Jones from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 14th. TD Securities boosted their price objective on Stella-Jones from C$88.00 to C$90.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Finally, CIBC dropped their price target on shares of Stella-Jones from C$86.00 to C$79.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$86.17.

Stella-Jones Stock Performance

Shares of TSE:SJ traded down C$0.12 during trading on Monday, reaching C$74.41. 95,018 shares of the stock were exchanged, compared to its average volume of 132,678. Stella-Jones has a 12 month low of C$62.26 and a 12 month high of C$98.00. The firm has a market cap of C$4.16 billion, a PE ratio of 13.00, a PEG ratio of 2.40 and a beta of 0.64. The stock has a 50-day moving average price of C$67.53 and a 200-day moving average price of C$70.38. The company has a current ratio of 6.85, a quick ratio of 1.20 and a debt-to-equity ratio of 87.53.

Insider Activity

In other Stella-Jones news, Director James Augustus Manzi sold 1,000 shares of the business's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of C$65.79, for a total transaction of C$65,788.60. 0.14% of the stock is owned by company insiders.

Stella-Jones Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Tuesday, April 1st were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.67%. This is an increase from Stella-Jones's previous quarterly dividend of $0.28. Stella-Jones's payout ratio is presently 19.56%.

Stella-Jones Company Profile

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.