Stella-Jones Inc. (TSE:SJ) Director Rhodri Harries Acquires 5,000 Shares

Stella-Jones Inc. (TSE:SJ) Director Rhodri Harries acquired 5,000 shares of Stella-Jones stock in a transaction that occurred on Tuesday, November 12th. The shares were purchased at an average cost of C$70.50 per share, for a total transaction of C$352,500.00.

Stella-Jones Stock Down 1.0 %

Stella-Jones stock opened at C$70.04 on Thursday. The company has a fifty day simple moving average of C$87.85 and a 200 day simple moving average of C$87.50. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08. Stella-Jones Inc. has a 1-year low of C$69.15 and a 1-year high of C$98.00. The company has a market cap of C$3.95 billion, a P/E ratio of 11.32, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64.

Stella-Jones Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 2nd will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Monday, December 2nd. Stella-Jones’s dividend payout ratio is currently 18.09%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SJ. Scotiabank reduced their price target on shares of Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. TD Securities decreased their target price on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. CIBC cut their price objective on Stella-Jones from C$99.00 to C$83.00 in a report on Thursday, November 7th. Finally, Royal Bank of Canada dropped their target price on shares of Stella-Jones from C$97.00 to C$81.00 in a report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$88.00.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.