Stifel Canada Comments on Russel Metals FY2026 Earnings

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

RUS has been the subject of a number of other research reports. TD Securities boosted their price target on shares of Russel Metals from C$46.00 to C$50.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. National Bankshares lowered their target price on shares of Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Stifel Nicolaus lifted their price target on Russel Metals from C$54.50 to C$57.00 in a research note on Friday. Raymond James boosted their price objective on Russel Metals from C$50.00 to C$56.00 in a report on Wednesday, November 13th. Finally, Royal Bank of Canada raised their target price on Russel Metals from C$43.00 to C$45.00 in a report on Friday, November 8th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$49.64.

Russel Metals Stock Down 1.0 %

Shares of TSE:RUS opened at C$43.80 on Monday. The company has a debt-to-equity ratio of 16.88, a quick ratio of 1.44 and a current ratio of 3.85. Russel Metals has a 52-week low of C$35.20 and a 52-week high of C$47.39. The business’s 50 day simple moving average is C$40.92 and its two-hundred day simple moving average is C$38.97. The firm has a market cap of C$2.57 billion, a P/E ratio of 12.77, a PEG ratio of 0.59 and a beta of 1.52.

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). Russel Metals had a return on equity of 12.67% and a net margin of 4.87%. The company had revenue of C$1.09 billion for the quarter, compared to the consensus estimate of C$1.06 billion.

Russel Metals Dividend Announcement

The firm 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. The ex-dividend date is Wednesday, November 27th. This represents a $1.68 dividend on an annualized basis and a yield of 3.84%. Russel Metals’s dividend payout ratio (DPR) is currently 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.