FY2025 EPS Estimates for Russel Metals Boosted by Analyst

Russel Metals Inc. (TSE:RUS - Free Report) - National Bank Financial raised their FY2025 earnings estimates for Russel Metals in a report released on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev now expects that the company will earn $4.07 per share for the year, up from their previous estimate of $3.97. National Bank Financial also issued estimates for Russel Metals' Q4 2025 earnings at $0.80 EPS.

Several other equities research analysts have also recently commented on RUS. TD Securities raised 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 research report on Tuesday, November 12th. Royal Bank of Canada upgraded shares of Russel Metals from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from C$45.00 to C$51.00 in a report on Tuesday, November 26th. Stifel Nicolaus upped their target price on Russel Metals from C$54.50 to C$57.00 in a report on Friday, November 22nd. Finally, Raymond James raised their target price on Russel Metals from C$50.00 to C$56.00 in a research note on Wednesday, November 13th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Russel Metals has an average rating of "Moderate Buy" and an average target price of C$50.50.

Russel Metals Trading Down 0.9 %

TSE:RUS traded down C$0.39 during trading hours on Friday, hitting C$45.40. The company had a trading volume of 159,822 shares, compared to its average volume of 183,096. 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 50-day moving average price of C$41.86 and a 200 day moving average price of C$39.32. The company has a market capitalization of C$2.66 billion, a PE ratio of 13.24, 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.

Russel Metals (TSE:RUS - Get Free Report) last released its quarterly 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 net margin of 4.87% and a return on equity of 12.67%. The business had revenue of C$1.09 billion for the quarter, compared to the consensus estimate of C$1.06 billion.

Russel Metals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be given a $0.42 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.70%. Russel Metals's dividend payout ratio 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.