Stifel Canada Comments on Russel Metals FY2026 Earnings

Russel Metals Inc. (TSE:RUS) – Analysts at Stifel Canada issued their FY2026 earnings per share (EPS) estimates for shares of Russel Metals in a research report issued to clients and investors on Thursday, November 21st. Stifel Canada analyst I. Gillies expects that the company will post earnings per share of $4.14 for the year.

Russel Metals (TSE:RUS) last posted its earnings results on Wednesday, November 6th. The company reported C$0.59 EPS for the quarter, missing the consensus estimate of C$0.61 by C($0.02). The business had revenue of C$1.09 billion for 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%.

RUS has been the subject of several other research reports. Stifel Nicolaus increased their price target on Russel Metals from C$54.50 to C$57.00 in a research note on Friday. Royal Bank of Canada increased their target price on shares of Russel Metals from C$43.00 to C$45.00 in a research report on Friday, November 8th. National Bankshares lowered their price target 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. Raymond James upped their price objective on shares of Russel Metals from C$50.00 to C$56.00 in a research note on Wednesday, November 13th. Finally, TD Securities increased 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 research report on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Russel Metals has an average rating of “Moderate Buy” and a consensus price target of C$49.64.

Russel Metals Stock Performance

TSE RUS opened at C$44.24 on Monday. The company has a market capitalization of C$2.60 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 0.59 and a beta of 1.52. Russel Metals has a twelve month low of C$35.20 and a twelve month high of C$47.39. The stock has a fifty day simple moving average of C$40.79 and a 200 day simple moving average of C$38.94. The company has a quick ratio of 1.44, a current ratio of 3.85 and a debt-to-equity ratio of 16.88.

Russel Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.68 annualized dividend and a dividend yield of 3.80%. 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.