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

Stella-Jones Inc. (TSE:SJ) Director Rhodri Harries bought 5,000 shares of Stella-Jones stock in a transaction on Thursday, November 14th. The shares were bought at an average price of C$69.50 per share, for a total transaction of C$347,500.00.

Rhodri Harries also recently made the following trade(s):

• On Tuesday, November 12th, Rhodri Harries acquired 5,000 shares of Stella-Jones stock. The stock was purchased at an average price of C$70.50 per share, with a total value of C$352,500.00.

Stella-Jones Stock Performance

Shares of Stella-Jones stock traded down C$0.65 on Friday, hitting C$67.74. The stock had a trading volume of 60,263 shares, compared to its average volume of 142,756. The stock has a market cap of C$3.82 billion, a price-to-earnings ratio of 11.05, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. The business’s 50 day moving average is C$87.37 and its two-hundred day moving average is C$87.37. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08. Stella-Jones Inc. has a twelve month low of C$67.13 and a twelve month high of C$98.00.

Stella-Jones Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 2nd will be given a dividend of $0.28 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.12 annualized dividend and a dividend yield of 1.65%. Stella-Jones’s dividend payout ratio is 18.09%.

Wall Street Analysts Forecast Growth

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