Q1 EPS Estimates for Russel Metals Lifted by Raymond James

Russel Metals Inc. (TSE:RUS) – Research analysts at Raymond James upped their Q1 2025 earnings per share (EPS) estimates for shares of Russel Metals in a research note issued on Wednesday, November 13th. Raymond James analyst F. Bastien now forecasts that the company will earn $1.04 per share for the quarter, up from their prior forecast 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.

RUS has been the topic of a number of other research reports. TD Securities upped their target price 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. Stifel Nicolaus increased their price objective on Russel Metals from C$53.00 to C$54.50 in a research report on Wednesday. National Bankshares reduced their target price on Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. BMO Capital Markets lowered their price target on Russel Metals from C$46.00 to C$45.00 in a report on Wednesday, July 24th. Finally, Royal Bank of Canada boosted their price objective on Russel Metals from C$43.00 to C$45.00 in a report on Friday, November 8th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Russel Metals currently has a consensus rating of “Moderate Buy” and an average price target of C$49.29.

Russel Metals Trading Up 1.7 %

Shares of RUS opened at C$43.06 on Friday. Russel Metals has a twelve month low of C$35.20 and a twelve month high of C$47.39. The stock has a market cap of C$2.53 billion, a PE ratio of 12.55, a P/E/G ratio of 0.59 and a beta of 1.52. The company has a quick ratio of 1.44, a current ratio of 3.85 and a debt-to-equity ratio of 16.88. The business’s 50-day moving average price is C$40.11 and its 200-day moving average price is C$38.81.

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

Russel Metals Dividend Announcement

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