Stelco - STLC Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stelco in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STLC shares.
View STLC analyst ratings or view top-rated stocks.

11 brokers have issued 1-year price targets for Stelco's stock. Their STLC share price forecasts range from C$40.00 to C$73.00. On average, they predict the company's stock price to reach C$54.89 in the next year. This suggests a possible upside of 48.2% 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$41.22 on January 1st, 2022. Since then, STLC stock has decreased by 10.2% and is now trading at C$37.03.
View the best growth stocks for 2022 here.

Stelco declared a quarterly dividend on Friday, May 13th. Investors of record on Friday, May 20th will be paid a dividend of 0.30 per share on Friday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend is Friday, May 13th.
Read our dividend analysis for STLC.

Stelco (TSE:STLC) pays an annual dividend of C$1.10 per share and currently has a dividend yield of 3.33%. The dividend payout ratio is 5.06%. 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.
Compare Top Brokerages Here.

One share of STLC stock can currently be purchased for approximately C$37.03.

Stelco (TSE:STLC) has a market capitalization of C$2.54 billion and generates C$4.36 billion in revenue each year.

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.