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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Legendary Stockpicker: "Buy this A.I. stock NOW" (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Biden To Unleash "Choke Point" Operation On America? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Legendary Stockpicker: "Buy this A.I. stock NOW" (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Biden To Unleash "Choke Point" Operation On America? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Legendary Stockpicker: "Buy this A.I. stock NOW" (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Biden To Unleash "Choke Point" Operation On America? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
TSE:TSL

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

C$3.20
+0.08 (+2.56%)
(As of 09/22/2023 ET)
Compare
Today's Range
C$3.12
C$3.20
50-Day Range
C$2.95
C$3.30
52-Week Range
C$2.90
C$3.85
Volume
1,400 shs
Average Volume
17,647 shs
Market Capitalization
C$88.58 million
P/E Ratio
6.04
Dividend Yield
3.75%
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 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. Tree Island Steel Ltd. 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.

TSL Price History

TSL Stock News Headlines

Tree Island Receives Notices of Reassessment from CRA
Tree Island Steel declares $0.03 dividend
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Closing Bell: Tree Island Steel Ltd up on Tuesday (TSL)
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Closing Bell: Tree Island Steel Ltd up on Monday (TSL)
Closing Bell: Tree Island Steel Ltd up on Thursday (TSL)
Closing Bell: Tree Island Steel Ltd down on Tuesday (TSL)
Closing Bell: Tree Island Steel Ltd flat on Monday (TSL)
Closing Bell: Tree Island Steel Ltd down on Friday (TSL)
Closing Bell: Tree Island Steel Ltd flat on Tuesday (TSL)
Tree Island Steel Announces Management Change
Closing Bell: Tree Island Steel Ltd up on Friday (TSL)
See More Headlines
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TSL Company Calendar

Ex-Dividend for 7/14 Dividend
6/29/2023
Dividend Payable
7/14/2023
Last Earnings
7/27/2023
Today
9/24/2023
Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Next Earnings (Estimated)
11/09/2023

Industry, Sector and Symbol

Industry
Steel
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
450
Year Founded
N/A

Profitability

Net Income
C$14.76 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$286.18 million
Cash Flow
C$0.10 per share
Book Value
C$4.70 per share

Miscellaneous

Free Float
N/A
Market Cap
C$88.58 million
Optionable
Optionable
Beta
1.00
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Key Executives

  • Mr. Amardeip Singh Doman
    Exec. Chairman
  • Ms. Nancy Davies
    Chief Operating Officer
  • Mr. Brian Liu
    VP of Fin. & CFO
  • 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 2023?

Tree Island Steel's stock was trading at C$3.34 at the start of the year. Since then, TSL shares have decreased by 4.2% and is now trading at C$3.20.
View the best growth stocks for 2023 here
.

When is Tree Island Steel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our TSL earnings forecast
.

How were Tree Island Steel's earnings last quarter?

Tree Island Steel Ltd. (TSE:TSL) released its quarterly earnings data on Thursday, July, 27th. The company reported $0.06 earnings per share for the quarter. The firm earned $63.59 million during the quarter. Tree Island Steel had a net margin of 5.16% and a trailing twelve-month return on equity of 11.69%.

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 Friday, September 15th. Stockholders of record on Friday, September 29th will be paid a dividend of 0.03 per share on Friday, October 13th. This represents a $0.12 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend is Thursday, September 28th.
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 3.69%. The dividend payout ratio is 22.64%. 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$3.20.

How much money does Tree Island Steel make?

Tree Island Steel (TSE:TSL) has a market capitalization of C$88.58 million and generates C$286.18 million in revenue each year. The company earns C$14.76 million in net income (profit) each year or C$0.53 on an earnings per share basis.

How many employees does Tree Island Steel have?

The company employs 450 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 9/24/2023 by MarketBeat.com Staff

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