Q1 EPS Estimates for Russel Metals Lowered by Raymond James

Russel Metals Inc. (TSE:RUSFree Report) – Investment analysts at Raymond James cut their Q1 2025 earnings estimates for Russel Metals in a research report issued on Tuesday, January 21st. Raymond James analyst F. Bastien now expects that the company will earn $0.69 per share for the quarter, down from their prior forecast of $1.04. Raymond James also issued estimates for Russel Metals’ Q2 2025 earnings at $1.09 EPS and FY2025 earnings at $4.10 EPS.

Russel Metals (TSE:RUSGet Free Report) last posted 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). Russel Metals had a return on equity of 12.67% and a net margin of 4.87%. The business had revenue of C$1.09 billion during the quarter, compared to the consensus estimate of C$1.06 billion.

A number of other brokerages also recently weighed in on RUS. Royal Bank of Canada upgraded shares of Russel Metals from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$45.00 to C$51.00 in a research report on Tuesday, November 26th. Stifel Nicolaus raised their price target on Russel Metals from C$54.50 to C$57.00 in a research note on Friday, November 22nd. Finally, TD Securities lifted their price objective on Russel Metals from C$46.00 to C$50.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Russel Metals currently has an average rating of “Moderate Buy” and a consensus price target of C$50.50.

View Our Latest Research Report on RUS

Russel Metals Trading Up 0.9 %

Russel Metals stock opened at C$42.70 on Thursday. 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 stock has a market capitalization of C$2.51 billion, a PE ratio of 12.45, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. The business’s fifty day moving average is C$42.91 and its 200 day moving average is C$40.34. Russel Metals has a one year low of C$35.20 and a one year high of C$47.39.

Russel Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were given a dividend of $0.42 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.68 annualized dividend and a yield of 3.93%. Russel Metals’s dividend payout ratio (DPR) is presently 48.98%.

Russel Metals Company Profile

(Get Free Report)

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.

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