Raymond James Has Positive View of Russel Metals Q4 Earnings

Russel Metals Inc. (TSE:RUS) – Analysts at Raymond James upped their Q4 2025 earnings estimates for shares of Russel Metals in a report issued on Wednesday, November 13th. Raymond James analyst F. Bastien now expects that the company will post earnings per share of $0.91 for the quarter, up from their previous forecast of $0.86.

Several other research firms have also issued reports on RUS. Royal Bank of Canada raised their price target on shares of Russel Metals from C$43.00 to C$45.00 in a research report on Friday, November 8th. National Bankshares reduced their price objective on shares of Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Stifel Nicolaus raised their price objective on shares of Russel Metals from C$53.00 to C$54.50 in a report on Wednesday, November 13th. TD Securities raised their price objective on shares of Russel Metals from C$46.00 to C$50.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Finally, BMO Capital Markets reduced their price objective on shares of Russel Metals from C$46.00 to C$45.00 in a report on Wednesday, July 24th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Russel Metals presently has an average rating of “Moderate Buy” and an average price target of C$49.29.

Russel Metals Stock Performance

TSE RUS opened at C$43.06 on Monday. The company has a debt-to-equity ratio of 16.88, a current ratio of 3.85 and a quick ratio of 1.44. The firm has a market capitalization of C$2.53 billion, a price-to-earnings ratio of 12.55, a P/E/G ratio of 0.59 and a beta of 1.52. The company’s fifty day moving average is C$40.11 and its two-hundred day moving average is C$38.80. Russel Metals has a 52-week low of C$35.20 and a 52-week high of C$47.39.

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

Russel Metals Announces Dividend

The company also recently declared 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 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend is Wednesday, November 27th. Russel Metals’s dividend payout ratio is currently 48.98%.

About Russel Metals

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.