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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
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
ProfileChartCompetitorsDividendEarningsHeadlinesOptions ChainSocial Media

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

September 20, 2023 | finance.yahoo.com
Tree Island Receives Notices of Reassessment from CRA
September 17, 2023 | seekingalpha.com
Tree Island Steel declares $0.03 dividend
September 24, 2023 | Chaikin Analytics (Ad)
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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
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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)
April 25, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd flat on Monday (TSL)
April 21, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd down on Friday (TSL)
April 20, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd flat on Wednesday (TSL)
April 19, 2023 | theglobeandmail.com
Closing Bell: Tree Island Steel Ltd flat on Tuesday (TSL)
April 18, 2023 | finance.yahoo.com
Tree Island Steel Announces Management Change
April 15, 2023 | theglobeandmail.com
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
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$0.53
Trailing P/E Ratio
6.04
Forward P/E Ratio
7.10
P/E Growth
N/A
Net Income
C$14.76 million
Net Margins
5.16%
Pretax Margin
N/A
Return on Equity
11.69%
Return on Assets
9.83%

Debt

Debt-to-Equity Ratio
18.03
Current Ratio
5.96
Quick Ratio
1.75

Sales & Book Value

Annual Sales
C$286.18 million
Price / Sales
0.31
Cash Flow
C$0.10 per share
Price / Cash Flow
32.31
Book Value
C$4.70 per share
Price / Book
0.68

Miscellaneous

Outstanding Shares
27,680,000
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

Key Competitors

View All Competitors













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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