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

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

Stella-Jones Price Performance

SJ opened at C$70.04 on Thursday. The company has a debt-to-equity ratio of 93.08, a current ratio of 6.57 and a quick ratio of 1.20. The company’s 50 day simple moving average is C$87.85 and its 200-day simple moving average is C$87.50. Stella-Jones Inc. has a one year low of C$69.15 and a one year high of C$98.00. The stock has a market capitalization 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 firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Monday, December 2nd will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Monday, December 2nd. Stella-Jones’s dividend payout ratio (DPR) is presently 18.09%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on SJ shares. Scotiabank lowered their target price on shares of Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th. Royal Bank of Canada reduced their target price on shares of Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday, November 7th. TD Securities cut their price target on shares of 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, CIBC decreased their price objective on shares of Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$88.00.

About Stella-Jones

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.