Tree Island Steel (TSL) Stock Price, News & Analysis

Company Overview

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabricated wire products specifically for farming, ranching, and vineyards; welded wire concrete reinforcing mesh and other fabricated wire products for heavy construction industry and infrastructure projects; and nails and stucco reinforcing products for residential and light commercial construction. The company also provides black annealed wires, woven and welded wires, corners, and accessories. It markets its products under the Tree Island, Halsteel, True Spec, K-Lath, TI Wire, Tough Strand, and ToughPanel brand names. The company was formerly known as Tree Island Wire Income Fund and changed its name to Tree Island Steel Ltd. in October 2012. Tree Island Steel Ltd. was founded in 1964 and is headquartered in Richmond, Canada.

Key Stats

• Today's Range: C$2.50 to C$2.50
• 50-Day Range: C$2.43 to C$2.78
• 52-Week Range: C$2.37 to C$3.23
• Volume: 101 shs
• Average Volume: 11,983 shs
• Market Capitalization: C$64.38 million
• P/E Ratio: N/A
• Dividend Yield: 4.80%
• Price Target: N/A
• Consensus Rating: N/A

TSL Stock Analysis - Frequently Asked Questions

How have TSL shares performed this year?

Tree Island Steel's stock was trading at C$3.16 on January 1st, 2025. Since then, TSL shares have decreased by 20.6% and is now trading at C$2.51.

How were Tree Island Steel's earnings last quarter?

Tree Island Steel Ltd. (TSE:TSL) issued its quarterly earnings results on Tuesday, November, 5th. The company reported ($0.07) EPS for the quarter. Tree Island Steel had a negative net margin of 1.20% and a negative trailing twelve-month return on equity of 2.01%.

How do I buy shares of Tree Island Steel?

Shares of TSL 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.

What other stocks do shareholders of Tree Island Steel own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tree Island Steel investors own include Rio Tinto Group (RIO), Arch Biopartners (ARCH), Canadian Natural Resources (CNQ), Baytex Energy (BTE), Tourmaline Oil (TOU), Perseus Mining (PRU) and Birchcliff Energy (BIR).

Company Calendar

• Last Earnings: 11/05/2024
• Ex-Dividend for 4/15 Dividend: 3/31/2025
• Record date for 4/15 Dividend: 4/15/2025
• Dividend Payable: 4/15/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Today: 7/04/2025
• Record date for 7/15 Dividend: 7/15/2025
• Dividend Payable: 7/15/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Steel
• Sub-Industry: N/A
• Current Symbol: TSE:TSL
• CIK: N/A
• Web: www.treeisland.com
• Phone: +1-604-5243744
• Fax: N/A
• Employees: 430
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): C($0.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.19
• P/E Growth: N/A
• Net Income: -C$2.47 million
• Net Margins: -1.20%
• Pretax Margin: N/A
• Return on Equity: -2.01%
• Return on Assets: 1.95%

Debt

• Debt-to-Equity Ratio: 21.28
• Current Ratio: 5.14
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: C$206.60 million
• Price / Sales: 0.31
• Cash Flow: C$0.08 per share
• Price / Cash Flow: 32.31
• Book Value: C$4.64 per share
• Price / Book: 0.54

Miscellaneous

• Outstanding Shares: 25,752,411
• Free Float: N/A
• Market Cap: C$64.64 million
• Optionable: Not Optionable
• Beta: 0.96