Declared Dividend • May 20
First quarter dividend of CA$0.34 announced Shareholders will receive a dividend of CA$0.34. Ex-date: 2nd June 2026 Payment date: 19th June 2026 Dividend yield will be 2.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 08
Stella-Jones Inc. announces Quarterly dividend, payable on June 19, 2026 Stella-Jones Inc. announced Quarterly dividend of CAD 0.3400 per share payable on June 19, 2026, ex-date on June 02, 2026 and record date on June 02, 2026. Duyuru • Apr 08
Stella-Jones Inc. to Report Q1, 2026 Results on May 06, 2026 Stella-Jones Inc. announced that they will report Q1, 2026 results on May 06, 2026 Duyuru • Feb 26
Stella-Jones Inc. Declares A Quarterly Dividend on Common Share, Payable on April 24, 2026 Stella-Jones Inc. announced that on February 25, 2026, the Board of Directors declared a quarterly dividend of $0.34 per common share payable on April 24, 2026 to shareholders of record at the close of business on April 2, 2026. This dividend is designated to be an eligible dividend. Duyuru • Feb 17
Stella-Jones Inc., Annual General Meeting, May 06, 2026 Stella-Jones Inc., Annual General Meeting, May 06, 2026. Location: quebec, montreal Canada Duyuru • Nov 06
Stella-Jones Inc. announces Quarterly dividend, payable on December 19, 2025 Stella-Jones Inc. announced Quarterly dividend of CAD 0.3100 per share payable on December 19, 2025, ex-date on December 01, 2025 and record date on December 01, 2025. Duyuru • Oct 21
Stella-Jones Announces Appointments to Board of Directors, Effective October 20, 2025 Stella-Jones Inc. announced the appointments of Ms. Renée Laflamme and Mr. Sean Donnelly to its Board of Directors. Ms. Laflamme is an accomplished executive with over 25 years of experience in the financial services and insurance sectors. She currently serves as Executive Vice President of Individual Insurance, Savings & Retirement at iA Financial Group, where she is responsible for the growth strategy and overseeing all operations including distribution, underwriting, product development, marketing and administration. She has a strong track record of introducing change and innovation to create value, including leading major digital transformation projects and implementing artificial intelligence to streamline underwriting processes. She also serves on the boards of several organizations, including MILA, a Quebec-based collaborative artificial intelligence research institute. Ms. Laflamme holds a bachelor’s degree in accounting from Université Laval and she is a Fellow Chartered Professional Accountant and Chartered Financial Analyst. Mr. Donnelly is a seasoned executive with extensive experience in innovation, technology, and manufacturing, acquired particularly during his tenure from 2014 to 2021 as President and Chief Executive Officer of ArcelorMittal Dofasco. He has a proven track record of leading and growing organizations, fostering a culture of continuous improvement and strategic expansion. With a career of driving technological advancements and operational excellence, his leadership is marked by a strong commitment to environment, health and safety and sustainability, ensuring business alignment with responsible and ethical practices. Mr. Donnelly serves on several boards, including the board of Alectra Utilities Corporation, a municipally-owned electricity utility and distributor, where he has been a board member since 2019. Mr. Donnelly holds a bachelor’s degree in metallurgical engineering from McMaster University. Ms. Laflamme and Mr. Donnelly’s appointments are effective October 20, 2025, and bring the total number of Board members to ten. Duyuru • Oct 08
Stella-Jones Inc. to Report Q3, 2025 Results on Nov 05, 2025 Stella-Jones Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025 Duyuru • Jul 10
Stella-Jones Inc. to Report Q2, 2025 Results on Aug 07, 2025 Stella-Jones Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025 Duyuru • Apr 10
Stella-Jones Inc. Appoints Wesley Bourland as Senior Vice-President and Chief Operating Officer, Effective April 14, 2025 Stella-Jones Inc. announced the appointment of Wesley Bourland as Senior Vice-President and Chief Operating Officer, effective April 14, 2025. Mr. Bourland joins Stella-Jones with a wealth of experience as a senior operations professional. He served most recently (2024–2025) as Chief Operating Officer for a leading supplier of hardwood lumber in North America, Europe and Asia, where he was responsible for 30 manufacturing and warehousing facilities across the U.S., including sawmills, concentration yards, and distribution facilities, and served as its Vice President of Operations from 2021 to 2024.Prior to this, in his 13-year tenure at a manufacturer of steel structures, Mr. Bourland held several leadership roles including Senior Vice-President & General Manager (2018–2021), and Senior Vice President of Operations, Quality and Engineering (2015–2018). Earlier in his career, he completed his military service as the Operations Officer aboard a United States Navy ship, where he developed foundational leadership skills and a mission-driven approach to operations that continue to inform his professional ethos. A trained Mechanical Engineer with a Bachelor of Science from the University of Texas at Austin, Mr. Bourland will leverage his expertise in manufacturing, strategic planning and process optimization to steer the Company’s operations and deliver further alignment in key areas of the business, such as Procurement, Environment, Health and Safety, and Engineering and Innovation. Duyuru • Apr 09
Stella-Jones Inc. to Report Q1, 2025 Results on May 07, 2025 Stella-Jones Inc. announced that they will report Q1, 2025 results Pre-Market on May 07, 2025 Duyuru • Feb 27
Stella-Jones Inc. Declares Quarterly Dividend on Common Share, Payable on April 18, 2025 Stella-Jones Inc. announced on February 26, 2025, the board of directors declared a quarterly dividend of $0.31 per common share payable on April 18, 2025 to shareholders of record at the close of business on April 1, 2025. This dividend is designated to be an eligible dividend. Duyuru • Feb 18
Stella-Jones Inc., Annual General Meeting, May 07, 2025 Stella-Jones Inc., Annual General Meeting, May 07, 2025. Location: quebec, montreal Canada Duyuru • Jan 30
Stella-Jones Inc. to Report Q4, 2024 Results on Feb 27, 2025 Stella-Jones Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 27, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €46.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €41.79 per share. Declared Dividend • Nov 12
Third quarter dividend of CA$0.28 announced Shareholders will receive a dividend of CA$0.28. Ex-date: 2nd December 2024 Payment date: 20th December 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover. New Risk • Nov 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risk High level of debt (70% net debt to equity). Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: CA$1.42 (vs CA$1.91 in 3Q 2023) Third quarter 2024 results: EPS: CA$1.42 (down from CA$1.91 in 3Q 2023). Revenue: CA$915.0m (down 3.6% from 3Q 2023). Net income: CA$80.0m (down 27% from 3Q 2023). Profit margin: 8.7% (down from 12% in 3Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year. New Risk • Nov 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Duyuru • Nov 06
Stella-Jones Inc. Declares Quarterly Dividend, Payable on December 20, 2024 On November 5, 2024, the Board of Directors of Stella-Jones Inc. declared a quarterly dividend of $0.28 per common share payable on December 20, 2024 to shareholders of record at the close of business on December 2, 2024. This dividend is designated to be an eligible dividend. Duyuru • Oct 09
Stella-Jones Inc. to Report Q3, 2024 Results on Nov 06, 2024 Stella-Jones Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024 Recent Insider Transactions • Sep 18
Independent Director recently sold €308k worth of stock On the 13th of September, James Manzi sold around 5k shares on-market at roughly €61.62 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €889k more than they bought in the last 12 months. Upcoming Dividend • Aug 28
Upcoming dividend of CA$0.28 per share Eligible shareholders must have bought the stock before 03 September 2024. Payment date: 23 September 2024. Payout ratio is a comfortable 16% and the cash payout ratio is 82%. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: CA$1.94 (vs CA$1.72 in 2Q 2023) Second quarter 2024 results: EPS: CA$1.94 (up from CA$1.72 in 2Q 2023). Revenue: CA$1.05b (up 7.9% from 2Q 2023). Net income: CA$110.0m (up 10.0% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 08
Stella-Jones Inc. Declares Quarterly Dividend, Payable on September 23, 2024 On August 6, 2024, the Board of Directors of Stella-Jones Inc. declared a quarterly dividend of $0.28 per common share payable on September 23, 2024 to shareholders of record at the close of business on September 3, 2024. This dividend is designated to be an eligible dividend. New Risk • Jul 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€558k sold). Duyuru • Jul 11
Stella-Jones Inc. to Report Q2, 2024 Results on Aug 07, 2024 Stella-Jones Inc. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Aug 07, 2024 Recent Insider Transactions • Jun 20
Independent Director recently sold €288k worth of stock On the 18th of June, James Manzi sold around 5k shares on-market at roughly €57.67 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €943k more than they bought in the last 12 months. New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Upcoming Dividend • May 27
Upcoming dividend of CA$0.28 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 16% but the company is paying out more than the cash it is generating. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.1%). Board Change • May 15
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. Director Michelle Banik was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 12
First quarter dividend of CA$0.28 announced Shareholders will receive a dividend of CA$0.28. Ex-date: 3rd June 2024 Payment date: 21st June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but not covered by cash flows (317% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Duyuru • May 09
Stella-Jones Inc. Declares Quarterly Dividend, Payable on June 21, 2024 On May 7, 2024, the Board of Directors of Stella-Jones Inc. declared a quarterly dividend of $0.28 per common share payable on June 21, 2024 to shareholders of record at the close of business on June 3, 2024. This dividend is designated to be an eligible dividend. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: CA$1.36 (vs CA$1.02 in 1Q 2023) First quarter 2024 results: EPS: CA$1.36 (up from CA$1.02 in 1Q 2023). Revenue: CA$775.0m (up 9.2% from 1Q 2023). Net income: CA$77.0m (up 28% from 1Q 2023). Profit margin: 9.9% (up from 8.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 11
Stella-Jones Inc. to Report Q1, 2024 Results on May 08, 2024 Stella-Jones Inc. announced that they will report Q1, 2024 results on May 08, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of CA$0.28 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 April 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.5%). Declared Dividend • Mar 06
Fourth quarter dividend of CA$0.28 announced Shareholders will receive a dividend of CA$0.28. Ex-date: 28th March 2024 Payment date: 19th April 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: CA$5.62 (vs CA$3.93 in FY 2022) Full year 2023 results: EPS: CA$5.62 (up from CA$3.93 in FY 2022). Revenue: CA$3.32b (up 8.3% from FY 2022). Net income: CA$326.0m (up 35% from FY 2022). Profit margin: 9.8% (up from 7.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 01
Stella-Jones Inc. Declares Quarterly Dividend, Payable on April 19, 2024 Stella-Jones Inc. Board of Directors declared a quarterly dividend of $0.28 per common share payable on April 19, 2024 to shareholders of record at the close of business on April 1, 2024. This dividend is designated to be an eligible dividend. Duyuru • Feb 17
Stella-Jones Inc., Annual General Meeting, May 08, 2024 Stella-Jones Inc., Annual General Meeting, May 08, 2024. Duyuru • Jan 11
Stella-Jones Inc. Announces the Appointment of Michelle Banik to Its Board of Directors, Effective January 15, 2024 Stella-Jones Inc. announced the appointment of Ms. Michelle Banik to its Board of Directors. Ms. Banik is an accomplished Human Resources (HR) professional and brings particular expertise in performance management, talent optimization, HR innovation, succession planning and executive compensation to the Stella-Jones Board. She joins Stella-Jones after having held increasingly senior HR roles at OMERS between 2010 and 2019, culminating in her appointment to the position of Chief People Officer and Global Head of Human Resources, where she led a global team of HR professionals who were responsible for executing the OMERS People and Culture Strategy across OMERS’ Investment and Corporate teams. Prior to her tenure at OMERS, Ms. Banik also served as a senior executive in HR at TMX Group, where she was Director of Human Resources. Ms. Banik has served on both corporate and not for profit Boards. Current service includes Empire Company Limited, (2021-present), Western University Board of Governors (2021 - present), National Board of Directors BGC Canada, formerly Boys & Girls Clubs of Canada (2017-present), and Western University, School for Advanced Studies in Arts & Humanities (2016- present). In addition to a Bachelor of Arts from Western University and a Certified Human Resources Executive designation, Ms. Banik holds a Chartered Director designation from the DeGroote School of Business, and a Certificate in Diversity & Inclusion from Cornell University. In 2023, Ms. Banik was honoured as the inaugural recipient of the Alumni Award of Achievement for Western University’s Faculty of Arts & Humanities. Ms. Banik’s appointment is effective January 15, 2024, and brings the total number of Board members to eleven. Recent Insider Transactions • Dec 13
Independent Director recently sold €271k worth of stock On the 8th of December, James Manzi sold around 5k shares on-market at roughly €54.24 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €634k more than they bought in the last 12 months. Upcoming Dividend • Nov 24
Upcoming dividend of CA$0.23 per share at 1.2% yield Eligible shareholders must have bought the stock before 01 December 2023. Payment date: 21 December 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.2%). Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: CA$1.91 (vs CA$1.07 in 3Q 2022) Third quarter 2023 results: EPS: CA$1.91 (up from CA$1.07 in 3Q 2022). Revenue: CA$949.0m (up 13% from 3Q 2022). Net income: CA$110.0m (up 69% from 3Q 2022). Profit margin: 12% (up from 7.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 25
Upcoming dividend of CA$0.23 per share at 1.4% yield Eligible shareholders must have bought the stock before 01 September 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 20% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.8%). New Risk • Aug 17
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €332k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risk Significant insider selling over the past 3 months (€332k sold). New Risk • Aug 10
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: CA$1.72 (vs CA$1.51 in 2Q 2022) Second quarter 2023 results: EPS: CA$1.72 (up from CA$1.51 in 2Q 2022). Revenue: CA$972.0m (up 7.2% from 2Q 2022). Net income: CA$100.0m (up 6.4% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year. Upcoming Dividend • May 26
Upcoming dividend of CA$0.23 per share at 1.5% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%). Duyuru • May 26
Stella-Jones Inc. Provides Sales Guidance for the Fiscal Year 2022–2024 and 2023–2025 Stella-Jones Inc. provided sales guidance for the fiscal year 2022–2024 and 2023–2025. For the fiscal year 2022–2024, the company expected sales of $2,700 million to $3,000 million.For the fiscal year 2023–2025, the company expected sales of greater than $3,600 million. Duyuru • May 11
Stella-Jones Inc. Declares Quarterly Dividend, Payable on June 23, 2023 Stella-Jones Inc. On May 9, 2023, the Board of Directors declared a quarterly dividend of $0.23 per common share payable on June 23, 2023 to shareholders of record at the close of business on June 5, 2023. This dividend is designated to be an eligible dividend. Reported Earnings • May 10
First quarter 2023 earnings released: EPS: CA$1.03 (vs CA$0.73 in 1Q 2022) First quarter 2023 results: EPS: CA$1.03 (up from CA$0.73 in 1Q 2022). Revenue: CA$710.0m (up 9.1% from 1Q 2022). Net income: CA$60.0m (up 30% from 1Q 2022). Profit margin: 8.5% (up from 7.1% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Apr 19
Now 21% undervalued Over the last 90 days, the stock is up 9.3%. The fair value is estimated to be €44.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings is also forecast to grow by 3.2% per annum over the same time period. Upcoming Dividend • Mar 24
Upcoming dividend of CA$0.23 per share at 1.8% yield Eligible shareholders must have bought the stock before 31 March 2023. Payment date: 21 April 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.4%). Buying Opportunity • Mar 14
Now 21% undervalued Over the last 90 days, the stock is up 5.2%. The fair value is estimated to be €45.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is also forecast to grow by 3.3% per annum over the same time period. Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: CA$3.93 (vs CA$3.49 in FY 2021) Full year 2022 results: EPS: CA$3.93 (up from CA$3.49 in FY 2021). Revenue: CA$3.07b (up 12% from FY 2021). Net income: CA$241.0m (up 6.2% from FY 2021). Profit margin: 7.9% (down from 8.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 09
Stella-Jones Inc., Annual General Meeting, May 10, 2023 Stella-Jones Inc., Annual General Meeting, May 10, 2023, at 10:00 US Eastern Standard Time. Buying Opportunity • Jan 31
Now 21% undervalued Over the last 90 days, the stock is up 6.6%. The fair value is estimated to be €40.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 2.9% per annum over the same time period. Upcoming Dividend • Nov 23
Upcoming dividend of CA$0.20 per share Eligible shareholders must have bought the stock before 30 November 2022. Payment date: 16 December 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.1%). Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Sara O'Brien was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: CA$1.07 (vs CA$0.53 in 3Q 2021) Third quarter 2022 results: EPS: CA$1.07 (up from CA$0.53 in 3Q 2021). Revenue: CA$842.0m (up 24% from 3Q 2021). Net income: CA$65.0m (up 91% from 3Q 2021). Profit margin: 7.7% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 16
Stella-Jones Inc. (TSX:SJ) entered into a definitive agreement to acquire Substantially all of the Assets of Texas Electric Cooperatives, Inc. for $28 million. Stella-Jones Inc. (TSX:SJ) entered into a definitive agreement to acquire Substantially all of the Assets of Texas Electric Cooperatives, Inc. for $28 million on September 15, 2022. The transaction is scheduled to close prior to the end of 2022 and is subject to customary closing conditions. Stella-Jones intends to finance the transaction with its existing credit facilities. Upcoming Dividend • Aug 26
Upcoming dividend of CA$0.20 per share Eligible shareholders must have bought the stock before 02 September 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%). Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: CA$1.51 (vs CA$1.76 in 2Q 2021) Second quarter 2022 results: EPS: CA$1.51 (down from CA$1.76 in 2Q 2021). Revenue: CA$907.0m (flat on 2Q 2021). Net income: CA$94.0m (down 18% from 2Q 2021). Profit margin: 10% (down from 13% in 2Q 2021). Over the next year, revenue is forecast to grow 2.3%, compared to a 2.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 11
Stella-Jones Inc. Declares Quarterly Dividend, Payable on September 23, 2022 On August 9, 2022 the Board of Directors of Stella-Jones Inc. declared a quarterly dividend of $0.20 per common share payable on September 23, 2022 to shareholders of record at the close of business on September 6, 2022. This dividend is designated to be an eligible dividend. Upcoming Dividend • May 24
Upcoming dividend of CA$0.20 per share Eligible shareholders must have bought the stock before 31 May 2022. Payment date: 22 June 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (3.2%). Reported Earnings • May 12
First quarter 2022 earnings released: EPS: CA$0.73 (vs CA$0.85 in 1Q 2021) First quarter 2022 results: EPS: CA$0.73 (down from CA$0.85 in 1Q 2021). Revenue: CA$651.0m (up 4.5% from 1Q 2021). Net income: CA$46.0m (down 18% from 1Q 2021). Profit margin: 7.1% (down from 9.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 7.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Anne Giardini was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 10
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CA$3.49. Revenue: CA$2.75b (up 7.8% from FY 2020). Net income: CA$227.0m (up 8.1% from FY 2020). Profit margin: 8.3% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 2.1% compared to a 3.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Feb 18
Stella-Jones Inc., Annual General Meeting, May 11, 2022 Stella-Jones Inc., Annual General Meeting, May 11, 2022. Upcoming Dividend • Nov 23
Upcoming dividend of CA$0.18 per share Eligible shareholders must have bought the stock before 30 November 2021. Payment date: 17 December 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (2.7%). Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS CA$0.52 (vs CA$1.17 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$679.0m (down 8.5% from 3Q 2020). Net income: CA$34.0m (down 57% from 3Q 2020). Profit margin: 5.0% (down from 11% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 24
Upcoming dividend of CA$0.18 per share Eligible shareholders must have bought the stock before 31 August 2021. Payment date: 17 September 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (2.6%). Duyuru • Aug 05
Stella-Jones Inc. Provides Sales Guidance for the Year 2021 Stella-Jones Inc. provided sales guidance for the year 2021. For the year, the company reported is projecting sales growth in the low-to-high teens for 2021 compared to 2020, down from the projected increase of 15% to low 20% previously disclosed. This updated guidance anticipates a reduction of approximately $130 million in sales from the depreciation of the value of the U.S. dollar relative to the Canadian dollar to CAD 1.25 per U.S. dollar. Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS CA$1.76 (vs CA$1.02 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$903.0m (up 18% from 2Q 2020). Net income: CA$115.0m (up 67% from 2Q 2020). Profit margin: 13% (up from 9.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 16
Corporate Independent Director recently bought €47k worth of stock On the 9th of June, Karen Laflamme bought around 2k shares on-market at roughly €31.53 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €161k more in shares than they bought in the last 12 months. Upcoming Dividend • May 24
Upcoming dividend of CA$0.18 per share Eligible shareholders must have bought the stock before 31 May 2021. Payment date: 22 June 2021. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.7%). Reported Earnings • May 06
First quarter 2021 earnings released: EPS CA$0.85 (vs CA$0.41 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$623.0m (up 23% from 1Q 2020). Net income: CA$56.0m (up 100% from 1Q 2020). Profit margin: 9.0% (up from 5.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 25
Upcoming dividend of CA$0.18 per share Eligible shareholders must have bought the stock before 01 April 2021. Payment date: 24 April 2021. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.7%). Analyst Estimate Surprise Post Earnings • Mar 12
Revenue beats expectations Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 2.8%, compared to a 1.2% growth forecast for the Forestry industry in Germany. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS CA$3.12 (vs CA$2.37 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$2.55b (up 18% from FY 2019). Net income: CA$210.0m (up 29% from FY 2019). Profit margin: 8.2% (up from 7.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Duyuru • Mar 12
Stella-Jones Inc. Declares A Quarterly Dividend, Payable on April 24, 2021 The Board of Directors of Stella-Jones Inc. declared a quarterly dividend of $0.18 per share, representing an increase of 20% over the previous quarterly dividend, on the outstanding common shares of the company, payable on April 24, 2021 to shareholders of record at the close of business on April 5, 2021. This dividend is designated to be an eligible dividend. Is New 90 Day High Low • Mar 04
New 90-day high: €31.40 The company is up 12% from its price of €28.00 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.54 per share. Duyuru • Feb 13
Stella-Jones Inc., Annual General Meeting, May 03, 2021 Stella-Jones Inc., Annual General Meeting, May 03, 2021. Duyuru • Feb 06
Stella-Jones Inc. to Report Q4, 2021 Results on Mar 09, 2022 Stella-Jones Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 09, 2022 
