Stelco Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stelco in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Stelco stock.
View analyst ratings for Stelco or view top-rated stocks.

Wall Street analysts have given Stelco a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Stelco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Stelco's stock was trading at C$4.47 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, STLC stock has increased by 691.3% and is now trading at C$35.37.
View which stocks have been most impacted by COVID-19.

Stelco announced a quarterly dividend on Thursday, May 13th. Shareholders of record on Wednesday, May 19th will be paid a dividend of 0.10 per share on Wednesday, May 19th. This represents a $0.40 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Thursday, May 13th.
View Stelco's dividend history.

Stelco pays an annual dividend of C$0.20 per share and currently has a dividend yield of 1.15%.
View Stelco's dividend history.

8 brokerages have issued 1 year price targets for Stelco's shares. Their forecasts range from C$26.00 to C$54.00. On average, they expect Stelco's stock price to reach C$41.39 in the next year. This suggests a possible upside of 17.0% from the stock's current price.
View analysts' price targets for Stelco or view top-rated stocks among Wall Street analysts.

Some companies that are related to Stelco include EVRAZ (EVR), thyssenkrupp (TKA), Ferrexpo (FXPO), Russel Metals (RUS), Salzgitter (SZG), Klöckner & Co SE (KCO), Tree Island Steel (TSL), Aperam (APMSF), ArcelorMittal (MT), Atlas Iron (AGO), BlueScope Steel (BSL), BlueScope Steel (BLSFY), Commercial Metals (CMC), Equatorial Resources (EQX) and Ferrexpo (FEEXF).
View all of STLC's competitors.

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), The 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 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$35.37.

Stelco has a market capitalization of C$3.14 billion and generates C$1.74 billion in revenue each year.

Stelco employs 2,185 workers across the globe.

The official website for Stelco is www.stelco.com.

Stelco is headquartered at 386 Wilcox Street, HAMILTON, ON L8L 8K5, Canada.

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