Stella-Jones FY2024 EPS Lowered by National Bank Financial

Stella-Jones Inc. (TSE:SJ) – Research analysts at National Bank Financial dropped their FY2024 earnings per share (EPS) estimates for shares of Stella-Jones in a research note issued to investors on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now expects that the company will post earnings of $5.46 per share for the year, down from their prior forecast of $5.74. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share. National Bank Financial also issued estimates for Stella-Jones’ Q3 2025 earnings at $1.55 EPS, Q4 2025 earnings at $1.01 EPS and FY2026 earnings at $5.65 EPS.

SJ has been the subject of a number of other reports. Scotiabank decreased their target price on shares of Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. Cibc World Mkts raised Stella-Jones from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 14th. CIBC upgraded Stella-Jones from a “neutral” rating to an “outperform” rating and raised their target price for the company from C$83.00 to C$86.00 in a report on Wednesday, January 15th. TD Securities decreased their price target on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating for the company in a report on Thursday, November 7th. Finally, Royal Bank of Canada dropped their price objective on Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Stella-Jones currently has a consensus rating of “Moderate Buy” and an average price target of C$88.50.

Stella-Jones Stock Performance

TSE SJ opened at C$73.51 on Friday. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08. The company has a fifty day simple moving average of C$71.17 and a 200 day simple moving average of C$82.97. Stella-Jones has a 12-month low of C$65.43 and a 12-month high of C$98.00. The company has a market cap of C$4.14 billion, a P/E ratio of 11.88, a PEG ratio of 2.40 and a beta of 0.64.

Stella-Jones (TSE:SJ) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$1.42 EPS for the quarter, missing the consensus estimate of C$1.70 by C($0.28). Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. During the same period in the prior year, the company posted $1.91 EPS.

Stella-Jones Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 2nd were issued a dividend of $0.28 per share. The ex-dividend date was Monday, December 2nd. This represents a $1.12 dividend on an annualized basis and a yield of 1.52%. Stella-Jones’s dividend payout ratio (DPR) is currently 18.09%.

Insiders Place Their Bets

In related news, Senior Officer Richard Cuddihy purchased 500 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was bought at an average price of C$70.85 per share, for a total transaction of C$35,424.00. Also, Director Rhodri Harries acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average price of C$69.50 per share, for a total transaction of C$347,500.00. Over the last quarter, insiders have acquired 12,785 shares of company stock valued at $896,221. Insiders own 0.14% of the company’s stock.

About Stella-Jones

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets.