National Bank Financial Forecasts Russel Metals Q2 Earnings

Russel Metals Inc. (TSE:RUS - Free Report) - Equities researchers at National Bank Financial upped their Q2 2025 earnings estimates for Russel Metals in a report issued on Thursday, February 13th. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings per share of $1.21 for the quarter, up from their prior forecast of $1.20. National Bank Financial also issued estimates for Russel Metals' Q3 2025 earnings at $1.12 EPS, Q4 2025 earnings at $0.87 EPS, Q4 2025 earnings at $0.87 EPS and FY2026 earnings at $4.28 EPS.

RUS has been the topic of several other reports. Royal Bank of Canada upgraded shares of Russel Metals from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from C$45.00 to C$51.00 in a research report on Tuesday, November 26th. TD Securities boosted their target price on shares of Russel Metals from C$50.00 to C$52.00 and gave the stock a "buy" rating in a report on Tuesday. Stifel Nicolaus raised their target price on shares of Russel Metals from C$55.50 to C$60.00 in a report on Friday, February 14th. Finally, Raymond James lifted their price target on shares of Russel Metals from C$50.00 to C$56.00 in a research report on Wednesday, November 13th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Russel Metals currently has a consensus rating of "Moderate Buy" and an average price target of C$51.21.

Russel Metals Price Performance

Shares of RUS traded down C$0.04 during midday trading on Monday, reaching C$42.28. The stock had a trading volume of 194,731 shares, compared to its average volume of 176,723. The firm's 50 day moving average price is C$41.88 and its 200-day moving average price is C$40.88. Russel Metals has a 52 week low of C$35.20 and a 52 week high of C$46.87. The company has a market capitalization of C$2.42 billion, a P/E ratio of 13.62, a P/E/G ratio of 0.59 and a beta of 1.52. The company has a debt-to-equity ratio of 20.28, a current ratio of 3.37 and a quick ratio of 1.44.

Russel Metals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 17th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.97%. The ex-dividend date is Friday, February 28th. Russel Metals's dividend payout ratio (DPR) is currently 54.12%.

Russel Metals Company Profile

Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users.