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TSE:TSLTree Island Steel Stock Price, Forecast & News

-0.04 (-2.07 %)
(As of 07/10/2020 02:45 AM ET)
Today's Range
Now: C$1.89
50-Day Range
MA: C$1.90
52-Week Range
Now: C$1.89
Volume10,090 shs
Average Volume17,839 shs
Market CapitalizationC$54.49 million
P/E RatioN/A
Dividend Yield4.15%
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, waste, 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, and engineered structural mesh, as well as mine mesh products; and rebar tie and concrete reinforcing wires. Further, the company provides agricultural products consisting of agricultural fencing, barbed and vineyard wires, and catch coils. Tree Island Steel Ltd. markets its products under the Tree Island, Halsteel, True Spec, K-Lath, Stucco-Rite, TI Wire, and Tough Strand 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 3.1Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.15 out of 5 stars

Industry, Sector and Symbol

Industry Steel



Sales & Book Value

Annual SalesC$205.46 million
Cash FlowC$0.15 per share
Book ValueC$1.72 per share



Market CapC$54.49 million
Next Earnings Date7/29/2020 (Estimated)

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Tree Island Steel (TSE:TSL) Frequently Asked Questions

How has Tree Island Steel's stock been impacted by COVID-19 (Coronavirus)?

Tree Island Steel's stock was trading at C$1.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TSL stock has increased by 11.8% and is now trading at C$1.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tree Island Steel?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tree Island Steel in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Tree Island Steel.

When is Tree Island Steel's next earnings date?

Tree Island Steel is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Tree Island Steel.

How were Tree Island Steel's earnings last quarter?

Tree Island Steel Ltd. (TSE:TSL) issued its quarterly earnings data on Thursday, May, 7th. The company reported $0.06 earnings per share for the quarter. The business had revenue of $57.99 million for the quarter. View Tree Island Steel's earnings history.

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 Monday, June 29th. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.02 per share on Wednesday, July 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date is Monday, June 29th. View Tree Island Steel's dividend history.

What price target have analysts set for TSL?

1 equities research analysts have issued 1-year price targets for Tree Island Steel's shares. Their forecasts range from C$2.50 to C$2.50. On average, they expect Tree Island Steel's share price to reach C$2.50 in the next year. This suggests a possible upside of 32.3% from the stock's current price. View analysts' price targets for Tree Island Steel.

Has Tree Island Steel been receiving favorable news coverage?

Media headlines about TSL stock have trended negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tree Island Steel earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Tree Island Steel.

Who are some of Tree Island Steel's key competitors?

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 (RIO), Arch Coal (ARCH), Baytex Energy (BTE), Nordic American Tanker (NAT), Perseus Mining (PRU), BlackBerry (BB), Birchcliff Energy (BIR), Baytex Energy (BTE), Citigroup (C) and Crescent Point Energy (CPG).

Who are Tree Island Steel's key executives?

Tree Island Steel's management team includes the following people:
  • Mr. Dale R. MacLean, Pres, CEO & Non-independent Director
  • Ms. Nancy Davies, CFO & VP of Fin.
  • Mr. Remy Stachowiak, Chief Operating Officer
  • Mr. Dean Patterson, Gen. Mang. of Sales & Marketing
  • Ms. Janine Waite, Sr. Director of HR

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 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?

One share of TSL stock can currently be purchased for approximately C$1.89.

How big of a company is Tree Island Steel?

Tree Island Steel has a market capitalization of C$54.49 million and generates C$205.46 million in revenue each year. Tree Island Steel employs 383 workers across the globe.

What is Tree Island Steel's official website?

The official website for Tree Island Steel is www.treeisland.com.

How can I contact Tree Island Steel?

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

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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