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TSE:TSL

Tree Island Steel - TSL Stock Forecast, Price & News

C$3.60
-0.13 (-3.49%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
C$3.60
C$3.65
50-Day Range
C$3.70
C$4.60
52-Week Range
C$3.54
C$7.23
Volume
30,814 shs
Average Volume
21,080 shs
Market Capitalization
C$102.33 million
P/E Ratio
1.04
Dividend Yield
3.22%
Price Target
N/A
TSL stock logo

About Tree Island Steel (TSE:TSL) Stock

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products for industrial, construction, agricultural, and specialty applications in Canada, the United States, and internationally. It offers industrial products, such as pulp and unitizing, recycling wire, chain link, upholstery, low carbon, and shaped wires, as well as straight and cut bars and wirelines for use in the oil industry. The company also provides residential products, including bulk and collated nails, packaged nails and fasteners, and packaged and bulk screws; nail head identification systems; and woven and welded wires, and corners and accessories. In addition, it offers commercial products comprising reinforcing mesh, pipe mesh and flexicage, Rebar tie wire, and engineered structural mesh, concrete reinforcing wires, as well as mine mesh products. Further, the company provides agricultural products consisting of agricultural wire, rolled fencing, fence panels, and fence staples and stay. Tree Island Steel Ltd. markets its products under the Tree Island, Halsteel, True Spec, K-Lath, Stucco-Rite, 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.

Tree Island Steel Stock Performance

TSE:TSL opened at C$3.73 on Monday. The stock has a market cap of C$106.03 million and a PE ratio of 1.08. The company has a current ratio of 4.50, a quick ratio of 1.95 and a debt-to-equity ratio of 39.30. Tree Island Steel has a twelve month low of C$3.54 and a twelve month high of C$7.23. The stock has a fifty day simple moving average of C$3.99 and a 200-day simple moving average of C$4.74.

Tree Island Steel Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 3.22%. The ex-dividend date is Thursday, September 29th. Tree Island Steel's payout ratio is 3.48%.

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TSL Stock News Headlines

Tree Island Steel Completes Sale of Etiwanda Facility
Tree Island Steel Ltd.
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TSL Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Today
8/15/2022
Next Earnings (Estimated)
11/09/2022

Industry, Sector and Symbol

Industry
Steel
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
480
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$351.71 million
Cash Flow
C$0.11 per share
Book Value
C$4.31 per share

Miscellaneous

Free Float
N/A
Market Cap
C$102.33 million
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Amardeip Singh Doman
    Exec. Chairman
  • Mr. Remy Stachowiak
    Pres & COO
  • Ms. Nancy Davies
    CFO & VP of Fin.
  • Ali Mahdavi
    Head of Investor Relations
  • Mr. Dean Patterson
    Gen. Mang. of Sales & Marketing













TSL Stock - Frequently Asked Questions

How have TSL shares performed in 2022?

Tree Island Steel's stock was trading at C$5.16 on January 1st, 2022. Since then, TSL stock has decreased by 30.2% and is now trading at C$3.60.
View the best growth stocks for 2022 here
.

When is Tree Island Steel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our TSL earnings forecast
.

How often does Tree Island Steel pay dividends? What is the dividend yield for Tree Island Steel?

Tree Island Steel announced a quarterly dividend on Wednesday, July 27th. Shareholders of record on Friday, September 30th will be paid a dividend of 0.03 per share on Friday, October 14th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for TSL
.

Is Tree Island Steel a good dividend stock?

Tree Island Steel (TSE:TSL) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 3.22%. The dividend payout ratio is 3.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TSL.

What other stocks do shareholders of Tree Island Steel own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tree Island Steel investors own include Rio Tinto Group (RIO), Arch Resources (ARCH), Baytex Energy (BTE), Nordic American Tankers (NAT), Perseus Mining (PRU), BlackBerry (BB), Birchcliff Energy (BIR), Baytex Energy (BTE), Citigroup (C) and Crescent Point Energy (CPG).

What is Tree Island Steel's stock symbol?

Tree Island Steel trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TSL."

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.
Compare Top Brokerages Here.

What is Tree Island Steel's stock price today?

One share of TSL stock can currently be purchased for approximately C$3.60.

How much money does Tree Island Steel make?

Tree Island Steel (TSE:TSL) has a market capitalization of C$102.33 million and generates C$351.71 million in revenue each year.

How many employees does Tree Island Steel have?

The company employs 480 workers across the globe.

How can I contact Tree Island Steel?

Tree Island Steel's mailing address is 3933 Boundary Rd, RICHMOND, BC V6V 1T8, Canada. The official website for the company is www.treeisland.com. The company can be reached via phone at +1-604-5243744.

This page (TSE:TSL) was last updated on 8/15/2022 by MarketBeat.com Staff

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