Russel Metals FY2025 EPS Forecast Raised by Stifel Canada

Russel Metals Inc. (TSE:RUS - Free Report) - Stock analysts at Stifel Canada lifted their FY2025 EPS estimates for Russel Metals in a report released on Thursday, February 20th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings per share of $4.41 for the year, up from their previous estimate of $4.38.

RUS has been the subject of several other research reports. Stifel Nicolaus boosted their price target on Russel Metals from C$55.50 to C$60.00 in a report on Friday, February 14th. TD Securities increased 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, February 18th. Raymond James increased their target price on shares of Russel Metals from C$50.00 to C$56.00 in a report on Wednesday, November 13th. Finally, Royal Bank of Canada raised shares of Russel Metals from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from C$45.00 to C$51.00 in a report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$51.21.

Russel Metals Stock Performance

Shares of TSE:RUS traded down C$0.38 during midday trading on Monday, hitting C$41.19. The company had a trading volume of 160,076 shares, compared to its average volume of 175,491. Russel Metals has a 12-month low of C$35.20 and a 12-month high of C$46.87. The company has a fifty day moving average of C$41.59 and a two-hundred day moving average of C$40.93. The company has a market cap of C$2.36 billion, a price-to-earnings ratio of 13.27, a PEG 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.

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Russel Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date is Friday, February 28th. Russel Metals's dividend payout ratio (DPR) is currently 54.12%.

Insider Buying and Selling at Russel Metals

In other Russel Metals news, Director Brian Robie Hedges sold 5,000 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of C$42.32, for a total transaction of C$211,600.00. Insiders own 0.85% of the company's stock.

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.