Q1 EPS Estimates for Russel Metals Lifted by Raymond James

Russel Metals Inc. (TSE:RUS) – Equities researchers at Raymond James upped their Q1 2025 earnings per share (EPS) estimates for Russel Metals in a note issued to investors on Wednesday, November 13th. Raymond James analyst F. Bastien now forecasts that the company will post earnings of $1.04 per share for the quarter, up from their previous estimate of $1.00. Raymond James also issued estimates for Russel Metals’ Q2 2025 earnings at $1.26 EPS, Q3 2025 earnings at $1.19 EPS and FY2025 earnings at $4.40 EPS.

Several other analysts also recently issued reports on RUS. Stifel Nicolaus lifted their target price on Russel Metals from C$53.00 to C$54.50 in a research note on Wednesday. National Bankshares dropped their price target on Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Royal Bank of Canada upped their price objective on Russel Metals from C$43.00 to C$45.00 in a report on Friday, November 8th. BMO Capital Markets cut their target price on shares of Russel Metals from C$46.00 to C$45.00 in a report on Wednesday, July 24th. Finally, TD Securities increased their price objective on shares of Russel Metals from C$46.00 to C$50.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$49.29.

Russel Metals Trading Up 1.7 %

Shares of RUS stock opened at C$43.06 on Friday. The stock has a fifty day simple moving average of C$40.11 and a two-hundred day simple moving average of C$38.80. Russel Metals has a 52-week low of C$35.20 and a 52-week high of C$47.39. The firm has a market capitalization of C$2.53 billion, a PE ratio of 12.55, a PEG ratio of 0.59 and a beta of 1.52. The company has a debt-to-equity ratio of 16.88, a quick ratio of 1.44 and a current ratio of 3.85.

Russel Metals (TSE:RUS) last released its earnings results on Wednesday, November 6th. The company reported C$0.59 EPS for the quarter, missing analysts’ consensus estimates of C$0.61 by C($0.02). The firm had revenue of C$1.09 billion for the quarter, compared to the consensus estimate of C$1.06 billion. Russel Metals had a return on equity of 12.67% and a net margin of 4.87%.

Russel Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 16th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend is Wednesday, November 27th. Russel Metals’s payout ratio is currently 48.98%.

Russel Metals Company Profile

Russel Metals Inc operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products.