Tree Island Steel Ltd. is a Canada-based manufacturer and supplier of wire products for a range of applications. The Company is engaged in making products from steel wire for a range of customers for industrial, construction, agricultural and specialty applications. The Company's products include galvanized wire, bright wire, an array of fasteners, including packaged, collated and bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The Company markets products under the Tree Island, Halsteel, K-Lath, Industrial Alloys, TI Wire and Tough Strand brand names. The Company also operates a China-based company that assists with international sourcing of products. Its subsidiary is Tree Island Industries Ltd., which supplies a range of steel wire and fabricated steel wire products to customers in Canada, the United States and internationally.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:TSL
- CUSIP: N/A
- Web: www.treeisland.com/
- Market Cap: C$115.9 million
- Outstanding Shares: 30,743,000
- 50 Day Moving Avg: C$4.09
- 200 Day Moving Avg: C$4.32
- 52 Week Range: C$3.72 - C$6.55
Sales & Book Value:
- Trailing P/E Ratio: 11.91
- P/E Growth: 0.00
- Annual Revenue: C$232.05 million
- Price / Sales: 0.50
- Book Value: C$2.22 per share
- Price / Book: 1.70
- EBIDTA: C$18.48 million
- Net Margins: 2.78%
- Return on Equity: 10.26%
- Return on Assets: 4.89%
- Average Volume: 18,736 shs.
- Short Ratio: 8.66
Frequently Asked Questions for Tree Island Steel (TSE:TSL)
What is Tree Island Steel's stock symbol?
Tree Island Steel trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TSL."
How often does Tree Island Steel pay dividends? What is the dividend yield for Tree Island Steel?
Tree Island Steel declared a quarterly dividend on Wednesday, December 28th. Shareholders of record on Monday, January 16th will be paid a dividend of 0.02 per share on Monday, January 16th. This represents a $0.08 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Wednesday, December 28th. View Tree Island Steel's Dividend History.
Where is Tree Island Steel's stock going? Where will Tree Island Steel's stock price be in 2017?
2 analysts have issued 12-month price objectives for Tree Island Steel's shares. Their forecasts range from C$5.25 to C$5.75. On average, they anticipate Tree Island Steel's share price to reach C$5.50 in the next year. View Analyst Ratings for Tree Island Steel.
Who are some of Tree Island Steel's key competitors?
Some companies that are related to Tree Island Steel include Granite Oil Corp (DTX), Mediagrif Interactive Technologies (MDF), Pine Cliff Energy Ltd (PNE), High Arctic Energy Services (HWO), Yellow Media (Y), goeasy Ltd (EH), IBI Group (IBG), Rocky Mountain Dealerships (RME), Horizon North Logistics (HNL), Merus Labs International (MSL), NGEx Resources (NGQ), Delphi Energy Corp. (DEE), Cervus Equipment Corp (CERV), TECSYS (TCS), AuRico Metals (AMI), Cardinal Resources Limited (CDV), NeuLion (NLN) and Xtreme Drilling Corp (XDC).
Who are Tree Island Steel's key executives?
Tree Island Steel's management team includes the folowing people:
- Amar S. Doman, Chairman of the Board
- Dale MacLean, President, Chief Executive Officer, Director
- Nancy Davies, Chief Financial Officer, Vice President - Finance
- Remy Stachowiak, Chief Operating Officer
- Stephen Ogden, Vice President - Operations
- James Miller, Vice President - Corporate Development and Procurement
- Peter Bull, Nominee Director
- Joseph Daniel Downes Jr., Director
- Harry Rosenfeld, Director
- Michael A. Fitch, Independent Director
How do I buy Tree Island Steel stock?
Shares of Tree Island Steel and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Tree Island Steel's stock price today?
MarketBeat Community Rating for Tree Island Steel (TSE TSL)MarketBeat's community ratings are surveys of what our community members think about Tree Island Steel and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Tree Island Steel stock can currently be purchased for approximately C$3.77.
Consensus Ratings for Tree Island Steel (TSE:TSL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||C$5.50|
Analysts' Ratings History for Tree Island Steel (TSE:TSL)
(Data available from 7/26/2015 forward)
|5/2/2017||Raymond James Financial, Inc.||Reiterated Rating||Outperform||C$5.75|
|2/27/2017||Canaccord Genuity||Lower Price Target||Buy||C$6.00 -> C$5.25|
|2/27/2017||Paradigm Capital||Lower Price Target||C$5.75 -> C$5.50|
|6/16/2016||Cormark||Upgrade||Market Perform -> Buy|
Earnings History for Tree Island Steel (TSE:TSL)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Tree Island Steel (TSE:TSL)
2017 EPS Consensus Estimate: $0.57
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for Tree Island Steel (TSE TSL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Tree Island Steel (TSE:TSL)Insider Trades by Quarter for Tree Island Steel (TSE:TSL)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/8/2016||James Michael Miller||Insider||Buy||5,000||C$4.30||C$21,500.00|
|11/7/2016||Remy Gilbert Theop Stachowiak||Insider||Buy||2,600||C$4.31||C$11,206.00|
|8/5/2016||Nancy Adriana Davies||Insider||Buy||2,000||C$4.60||C$9,200.00|
|3/23/2016||Michael Allen Fitch||Director||Buy||1,500||C$3.08||C$4,620.00|
|3/18/2016||Remy Gilbert Theop Stachowiak||Insider||Buy||300||C$3.07||C$921.00|
|3/16/2016||Remy Gilbert Theop Stachowiak||Insider||Buy||5,000||C$3.09||C$15,450.00|
|11/13/2015||Nancy Adriana Davies||Insider||Buy||1,000||C$3.65||C$3,650.00|
|7/30/2015||Remy Gilbert Theop Stachowiak||Insider||Buy||1,700||C$3.59||C$6,103.00|
|6/26/2015||James Michael Miller||Insider||Buy||6,666||C$3.15||C$20,997.90|
|5/13/2015||Michael Allen Fitch||Director||Buy||4,100||C$2.37||C$9,717.00|
|4/7/2015||Peter Morris Bull||Insider||Buy||67,200||C$1.74||C$116,894.40|
|3/27/2015||James Michael Miller||Insider||Buy||5,200||C$1.75||C$9,100.00|
|3/13/2015||Nancy Adriana Davies||Insider||Buy||1,300||C$1.80||C$2,340.00|
Headline Trends for Tree Island Steel (TSE:TSL)
Latest Headlines for Tree Island Steel (TSE:TSL)
Tree Island Steel (TSL) Chart for Wednesday, July, 26, 2017