TSE:TSL

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

C$3.11
-0.07 (-2.20%)
(As of 03:30 PM ET)
Today's Range
C$3.11
C$3.18
50-Day Range
C$3.15
C$3.63
52-Week Range
C$2.78
C$3.70
Volume
30,600 shs
Average Volume
9,185 shs
Market Capitalization
C$84.37 million
P/E Ratio
11.52
Dividend Yield
3.86%
Price Target
N/A
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. It 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

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Tree Island Steel Announces Quarterly Dividend
Tree Island Steel Announces Full Year 2023 Results
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Tree Island Steel Ltd. (TSL.TO)
Tree Island Steel Announces Third Quarter 2023 Results
Tree Island Steel Ltd. (TSL)
Tree Island Receives Notices of Reassessment from CRA
Tree Island Steel declares $0.03 dividend
Closing Bell: Tree Island Steel Ltd up on Tuesday (TSL)
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/23/2024
Next Earnings (Estimated)
5/02/2024

Industry, Sector and Symbol

Industry
Steel
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
430
Year Founded
N/A

Profitability

Net Income
C$7.55 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$239.57 million
Cash Flow
C$0.10 per share
Book Value
C$4.68 per share

Miscellaneous

Free Float
N/A
Market Cap
C$84.37 million
Optionable
Not Optionable
Beta
0.97
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Key Executives

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

TSL Stock Analysis - Frequently Asked Questions

How have TSL shares performed in 2024?

Tree Island Steel's stock was trading at C$3.45 at the beginning of 2024. Since then, TSL shares have decreased by 9.9% and is now trading at C$3.11.
View the best growth stocks for 2024 here
.

When is Tree Island Steel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our TSL earnings forecast
.

How were Tree Island Steel's earnings last quarter?

Tree Island Steel Ltd. (TSE:TSL) posted its quarterly earnings data on Thursday, March, 14th. The company reported ($0.07) EPS for the quarter. The company earned $47.34 million during the quarter. Tree Island Steel had a trailing twelve-month return on equity of 5.92% and a net margin of 3.15%.

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, March 15th. Investors of record on Thursday, March 28th will be paid a dividend of 0.03 per share on Monday, April 15th. This represents a $0.12 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, March 27th.
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 3.59%. The dividend payout ratio is 44.44%. 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 4/23/2024 by MarketBeat.com Staff

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