QQQ   395.63 (+0.88%)
AAPL   192.77 (-1.50%)
MSFT   370.07 (-1.11%)
META   325.46 (-2.19%)
GOOGL   132.75 (-1.66%)
AMZN   146.11 (-0.89%)
TSLA   238.57 (-2.16%)
NVDA   468.22 (-1.44%)
NIO   7.58 (+2.71%)
BABA   71.53 (-0.85%)
AMD   133.80 (+3.79%)
T   16.72 (-1.18%)
F   11.13 (+1.09%)
MU   78.25 (+4.39%)
CGC   0.76 (-5.40%)
GE   120.25 (-0.28%)
DIS   92.50 (-0.34%)
AMC   7.10 (+2.45%)
PFE   28.53 (-0.87%)
PYPL   59.37 (+0.73%)
XOM   99.40 (-0.15%)
QQQ   395.63 (+0.88%)
AAPL   192.77 (-1.50%)
MSFT   370.07 (-1.11%)
META   325.46 (-2.19%)
GOOGL   132.75 (-1.66%)
AMZN   146.11 (-0.89%)
TSLA   238.57 (-2.16%)
NVDA   468.22 (-1.44%)
NIO   7.58 (+2.71%)
BABA   71.53 (-0.85%)
AMD   133.80 (+3.79%)
T   16.72 (-1.18%)
F   11.13 (+1.09%)
MU   78.25 (+4.39%)
CGC   0.76 (-5.40%)
GE   120.25 (-0.28%)
DIS   92.50 (-0.34%)
AMC   7.10 (+2.45%)
PFE   28.53 (-0.87%)
PYPL   59.37 (+0.73%)
XOM   99.40 (-0.15%)
QQQ   395.63 (+0.88%)
AAPL   192.77 (-1.50%)
MSFT   370.07 (-1.11%)
META   325.46 (-2.19%)
GOOGL   132.75 (-1.66%)
AMZN   146.11 (-0.89%)
TSLA   238.57 (-2.16%)
NVDA   468.22 (-1.44%)
NIO   7.58 (+2.71%)
BABA   71.53 (-0.85%)
AMD   133.80 (+3.79%)
T   16.72 (-1.18%)
F   11.13 (+1.09%)
MU   78.25 (+4.39%)
CGC   0.76 (-5.40%)
GE   120.25 (-0.28%)
DIS   92.50 (-0.34%)
AMC   7.10 (+2.45%)
PFE   28.53 (-0.87%)
PYPL   59.37 (+0.73%)
XOM   99.40 (-0.15%)
QQQ   395.63 (+0.88%)
AAPL   192.77 (-1.50%)
MSFT   370.07 (-1.11%)
META   325.46 (-2.19%)
GOOGL   132.75 (-1.66%)
AMZN   146.11 (-0.89%)
TSLA   238.57 (-2.16%)
NVDA   468.22 (-1.44%)
NIO   7.58 (+2.71%)
BABA   71.53 (-0.85%)
AMD   133.80 (+3.79%)
T   16.72 (-1.18%)
F   11.13 (+1.09%)
MU   78.25 (+4.39%)
CGC   0.76 (-5.40%)
GE   120.25 (-0.28%)
DIS   92.50 (-0.34%)
AMC   7.10 (+2.45%)
PFE   28.53 (-0.87%)
PYPL   59.37 (+0.73%)
XOM   99.40 (-0.15%)

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

C$2.90
+0.05 (+1.75%)
(As of 12:30 PM ET)
Compare
Today's Range
C$2.90
▼
C$2.90
50-Day Range
C$2.81
▼
C$3.19
52-Week Range
C$2.78
▼
C$3.85
Volume
61,829 shs
Average Volume
15,061 shs
Market Capitalization
C$79.29 million
P/E Ratio
9.06
Dividend Yield
4.14%
Price Target
N/A
Stock AnalysisChartCompetitorsDividendEarningsHeadlinesInsider Trades

TSL stock logo

About Tree Island Steel Stock (TSE:TSL)

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 Stock Price History

TSL Stock News Headlines

December 7, 2023 | americanbankingnews.com
Tree Island Steel (TSE:TSL) Stock Price Crosses Below 200-Day Moving Average of $3.15
November 10, 2023 | finanznachrichten.de
Tree Island Steel Ltd.: Tree Island Steel Announces Third Quarter 2023 Results
December 11, 2023 | Wealthpress (Ad)
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
November 9, 2023 | finance.yahoo.com
Tree Island Steel Announces Third Quarter 2023 Results
November 9, 2023 | finance.yahoo.com
Tree Island Steel (TSE:TSL) shareholders have earned a 22% CAGR over the last three years
October 19, 2023 | finance.yahoo.com
Tree Island Steel to Issue Third Quarter 2023 Financial Results on November 9, 2023
October 3, 2023 | investing.com
Tree Island Steel Ltd. (TSL)
September 20, 2023 | finance.yahoo.com
Tree Island Receives Notices of Reassessment from CRA
December 11, 2023 | Wealthpress (Ad)
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
September 17, 2023 | seekingalpha.com
Tree Island Steel declares $0.03 dividend
September 9, 2023 | finance.yahoo.com
Returns Are Gaining Momentum At Tree Island Steel (TSE:TSL)
August 23, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd up on Tuesday (TSL)
July 29, 2023 | finance.yahoo.com
A Look At The Fair Value Of Tree Island Steel Ltd. (TSE:TSL)
July 28, 2023 | finanznachrichten.de
Tree Island Steel Ltd.: Tree Island Steel Announces Executive Appointments and Second Quarter 2023 Results
July 28, 2023 | finance.yahoo.com
Tree Island Steel Announces Executive Appointments and Second Quarter 2023 Results
July 14, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd flat on Friday (TSL)
July 12, 2023 | financialpost.com
Tree Island Steel to Issue Second Quarter 2023 Financial Results on July 27, 2023
June 17, 2023 | msn.com
Tree Island Steel declares CAD 0.03 dividend, C$0.02 special dividend
June 2, 2023 | finance.yahoo.com
Tree Island Steel (TSE:TSL) shareholders have earned a 34% CAGR over the last three years
May 30, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd up on Monday (TSL)
May 8, 2023 | finance.yahoo.com
Tree Island Completes Renewal of its Banking Facility
May 6, 2023 | msn.com
Tree Island Steel Ltd. GAAP EPS of $0.21, revenue of $75.3M
May 4, 2023 | finance.yahoo.com
Tree Island Steel Announces First Quarter 2023 Results
May 2, 2023 | theglobeandmail.com
Tree Island Steel: Top 10 Undervalued Basic Materials Sector Stocks on TSX (TSL)
April 28, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd up on Thursday (TSL)
April 27, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd down on Wednesday (TSL)
April 26, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd down on Tuesday (TSL)
See More Headlines
Receive TSL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tree Island Steel and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Last Earnings
11/09/2023
Today
12/11/2023
Next Earnings (Estimated)
3/07/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Steel
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
TSE:TSL
CUSIP
N/A
CIK
N/A
Web
www.treeisland.com
Phone
+1-604-5243744
Fax
N/A
Employees
450
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
C$0.32
Trailing P/E Ratio
8.91
Forward P/E Ratio
7.13
P/E Growth
N/A
Net Income
C$8.69 million
Net Margins
3.35%
Pretax Margin
N/A
Return on Equity
6.63%
Return on Assets
7.12%

Debt

Debt-to-Equity Ratio
18.74
Current Ratio
6.37
Quick Ratio
1.75

Sales & Book Value

Annual Sales
C$259.34 million
Price / Sales
0.30
Cash Flow
C$0.09 per share
Price / Cash Flow
32.31
Book Value
C$4.78 per share
Price / Book
0.60

Miscellaneous

Outstanding Shares
27,340,000
Free Float
N/A
Market Cap
C$77.92 million
Optionable
Not Optionable
Beta
0.94
20 Stocks to Sell Now Cover
20 Stocks to Sell Now

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

  • Mr. Amardeip Singh Doman
    Executive Chairman of the Board
  • Ms. Nancy Davies
    Chief Operating Officer
  • Mr. Brian Liu
    VP of Finance & CFO
  • Ali Mahdavi
    Head of Investor Relations
  • Mr. Dean Patterson
    General Manager of Sales & Marketing

Key Competitors

View All Competitors

Insiders

View All Insider Transactions














TSL Stock Analysis - 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 13.2% and is now trading at C$2.90.
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, March 7th 2024.
View our TSL earnings forecast.

How were Tree Island Steel's earnings last quarter?

Tree Island Steel Ltd. (TSE:TSL) announced its quarterly earnings results on Thursday, November, 9th. The company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $53.37 million for the quarter. Tree Island Steel had a trailing twelve-month return on equity of 6.63% and a net margin of 3.35%.

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. Investors of record on Friday, September 29th will be given a dividend of 0.03 per share on Friday, October 13th. This represents a $0.12 annualized dividend and a dividend yield of 4.14%. The ex-dividend date 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 4.27%. TSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.50%. 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).

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.

This page (TSE:TSL) was last updated on 12/11/2023 by MarketBeat.com Staff

My Account -