Tree Island Steel Company Profile (TSE:TSL)

About Tree Island Steel (TSE:TSL)

Tree Island Steel logoTree 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/
Capitalization:
  • Market Cap: C$115.9 million
  • Outstanding Shares: 30,743,000
Average Prices:
  • 50 Day Moving Avg: C$4.09
  • 200 Day Moving Avg: C$4.32
  • 52 Week Range: C$3.72 - C$6.55
P/E:
  • Trailing P/E Ratio: 11.91
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$232.05 million
  • Price / Sales: 0.50
  • Book Value: C$2.22 per share
  • Price / Book: 1.70
Dividend:
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: C$18.48 million
  • Net Margins: 2.78%
  • Return on Equity: 10.26%
  • Return on Assets: 4.89%
Misc:
  • 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?

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?

One share of Tree Island Steel stock can currently be purchased for approximately C$3.77.


MarketBeat Community Rating for Tree Island Steel (TSE TSL)
Community Ranking:  3.6 out of 5 (  )
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  22 (Vote Underperform)
Total Votes:  81
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.

Analyst Ratings

Consensus Ratings for Tree Island Steel (TSE:TSL) (How are Consensus Ratings Calculated?)
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)
Show:
DateFirmActionRatingPrice TargetDetails
5/2/2017Raymond James Financial, Inc.Reiterated RatingOutperformC$5.75View Rating Details
2/27/2017Canaccord GenuityLower Price TargetBuyC$6.00 -> C$5.25View Rating Details
2/27/2017Paradigm CapitalLower Price TargetC$5.75 -> C$5.50View Rating Details
6/16/2016CormarkUpgradeMarket Perform -> BuyView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Tree Island Steel (TSE:TSL)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Tree Island Steel (TSE:TSL)
2017 EPS Consensus Estimate: $0.57
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.06$0.18$0.12
Q2 20171$0.21$0.21$0.21
Q3 20171$0.18$0.18$0.18
Q4 20171$0.06$0.06$0.06
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Tree Island Steel (TSE TSL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/28/2016Quarterly$0.021.74%12/28/20161/16/20171/16/2017
9/28/2016Quarterly$0.021.48%9/28/201610/14/201610/14/2016
6/28/2016Quarterly$0.022.13%6/28/20167/15/20167/15/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Tree Island Steel (TSE:TSL)
Insider Trades by Quarter for Tree Island Steel (TSE:TSL)
Insider Trades by Quarter for Tree Island Steel (TSE:TSL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/8/2016James Michael MillerInsiderBuy5,000C$4.30C$21,500.00
11/7/2016Remy Gilbert Theop StachowiakInsiderBuy2,600C$4.31C$11,206.00
8/5/2016Nancy Adriana DaviesInsiderBuy2,000C$4.60C$9,200.00
3/28/2016Amar DomanDirectorBuy2,000C$3.08C$6,154.00
3/23/2016Michael Allen FitchDirectorBuy1,500C$3.08C$4,620.00
3/18/2016Remy Gilbert Theop StachowiakInsiderBuy300C$3.07C$921.00
3/16/2016Remy Gilbert Theop StachowiakInsiderBuy5,000C$3.09C$15,450.00
11/13/2015Nancy Adriana DaviesInsiderBuy1,000C$3.65C$3,650.00
7/30/2015Remy Gilbert Theop StachowiakInsiderBuy1,700C$3.59C$6,103.00
6/26/2015James Michael MillerInsiderBuy6,666C$3.15C$20,997.90
5/13/2015Michael Allen FitchDirectorBuy4,100C$2.37C$9,717.00
4/7/2015Peter Morris BullInsiderBuy67,200C$1.74C$116,894.40
3/27/2015James Michael MillerInsiderBuy5,200C$1.75C$9,100.00
3/13/2015Nancy Adriana DaviesInsiderBuy1,300C$1.80C$2,340.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Tree Island Steel (TSE:TSL)
Latest Headlines for Tree Island Steel (TSE:TSL)
Source:
DateHeadline
finance.yahoo.com logoTree Island Steel to Issue Second Quarter 2017 Financial Results on August 3, 2017
finance.yahoo.com - July 22 at 9:50 AM
americanbankingnews.com logoTree Island Steel Ltd. (TSE:TSL) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 18 at 9:11 AM
americanbankingnews.com logoTree Island Steel Ltd. (TSL) Expected to Earn FY2017 Earnings of $0.36 Per Share
www.americanbankingnews.com - May 8 at 9:40 AM
finance.yahoo.com logoTree Island Announces 2017 Annual Meeting Results and Election of Directors
finance.yahoo.com - May 8 at 9:40 AM
reuters.com logoBRIEF-Tree Island Steel reports Q1 earnings per share $0.06
www.reuters.com - May 5 at 12:52 AM
finance.yahoo.com logoTree Island Steel Announces Q1 2017 Results
finance.yahoo.com - May 5 at 12:52 AM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Tree Island Steel Ltd.'s Q1 2017 Earnings (TSL)
www.americanbankingnews.com - May 4 at 10:46 AM
americanbankingnews.com logoTree Island Steel Ltd. (TSL) PT Set at C$5.75 by Raymond James Financial, Inc.
www.americanbankingnews.com - May 2 at 3:50 PM
americanbankingnews.com logoTree Island Steel Ltd. (TSL) Set to Announce Earnings on Thursday
www.americanbankingnews.com - May 2 at 3:26 PM
finance.yahoo.com logoTree Island Steel to Issue First Quarter 2017 Financial Results on May 4, 2017
finance.yahoo.com - April 20 at 11:38 AM
biz.yahoo.com logoQ4 2016 Tree Island Steel Ltd Earnings Release - After Market Close
biz.yahoo.com - February 23 at 10:44 PM
finance.yahoo.com logoTree Island Steel Announces Full Year 2016 Results
finance.yahoo.com - February 23 at 10:44 PM
finance.yahoo.com logoTree Island Steel to Issue Fourth Quarter and Full Year 2016 Financial Results on February 23, 2017
finance.yahoo.com - February 10 at 6:13 AM
theglobeandmail.com logoWhy this beaten down industrial stock may now be a good buy
www.theglobeandmail.com - January 12 at 5:51 AM

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Chart

Tree Island Steel (TSL) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff