Stifel Canada Increases Earnings Estimates for Russel Metals

Russel Metals Inc. (TSE:RUS) – Stock analysts at Stifel Canada increased their Q2 2025 earnings per share estimates for shares of Russel Metals in a research report issued to clients and investors on Tuesday, November 12th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings of $1.08 per share for the quarter, up from their prior estimate of $1.04. Stifel Canada also issued estimates for Russel Metals’ Q3 2025 earnings at $1.02 EPS, Q4 2025 earnings at $0.96 EPS and FY2025 earnings at $4.07 EPS.

A number of other research analysts have also commented on RUS. National Bankshares lowered their price objective on shares of Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Stifel Nicolaus lifted their price target on Russel Metals from C$53.00 to C$54.50 in a research report on Wednesday. Raymond James upped their price objective on Russel Metals from C$50.00 to C$56.00 in a report on Wednesday. TD Securities lifted their target price 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. Finally, BMO Capital Markets dropped their price target on shares of Russel Metals from C$46.00 to C$45.00 in a research report on Wednesday, July 24th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$49.29.

Russel Metals Stock Up 1.7 %

RUS stock opened at C$43.06 on Friday. The firm’s 50-day moving average is C$40.11 and its two-hundred day moving average is C$38.80. The company has a market capitalization of C$2.53 billion, a price-to-earnings ratio of 12.55, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. Russel Metals has a 52 week low of C$35.20 and a 52 week high of C$47.39. The company has a current ratio of 3.85, a quick ratio of 1.44 and a debt-to-equity ratio of 16.88.

Russel Metals (TSE:RUS) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$0.59 earnings per share 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 Announces Dividend

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