Stelco - STLC Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stelco in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" STLC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STLC, but not buy additional shares or sell existing shares.
View STLC analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 12 month target prices for Stelco's shares. Their STLC share price forecasts range from C$48.00 to C$73.00. On average, they expect the company's stock price to reach C$56.75 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price.
View analysts price targets for STLC or view top-rated stocks among Wall Street analysts.

Stelco's stock was trading at C$44.29 at the beginning of 2023. Since then, STLC stock has increased by 17.6% and is now trading at C$52.07.
View the best growth stocks for 2023 here.

Stelco announced a quarterly dividend on Thursday, March 2nd. Investors of record on Thursday, March 9th will be given a dividend of 0.42 per share on Thursday, March 9th. This represents a $1.68 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date of this dividend is Thursday, March 2nd.
Read our dividend analysis for STLC.

Stelco (TSE:STLC) pays an annual dividend of C$1.68 per share and currently has a dividend yield of 3.11%. The dividend payout ratio is 11.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for STLC.

Based on aggregate information from My MarketBeat watchlists, some companies that other Stelco investors own include Aurora Cannabis (ACB), BlackBerry (BB), Dollarama (DOL), AltaGas (ALA), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Enbridge (ENB), Keyera (KEY), Air Canada (AC) and BCE (BCE).

Stelco trades on the Toronto Stock Exchange (TSX) under the ticker symbol "STLC."

Shares of STLC 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.
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One share of STLC stock can currently be purchased for approximately C$52.07.

Stelco (TSE:STLC) has a market capitalization of C$2.87 billion and generates C$3.46 billion in revenue each year. The company earns C$997 million in net income (profit) each year or C$14.46 on an earnings per share basis.

The company employs 2,185 workers across the globe.

Stelco's mailing address is 386 Wilcox Street, HAMILTON, ON L8L 8K5, Canada. The official website for the company is www.stelco.com. The company can be reached via phone at 905 528 2511.