Q1 EPS Estimates for Russel Metals Lowered by Raymond James

Russel Metals Inc. (TSE:RUS - Free Report) - Research analysts at Raymond James lowered their Q1 2025 EPS estimates for Russel Metals in a research report issued to clients and investors on Thursday, February 13th. Raymond James analyst F. Bastien now forecasts that the company will post earnings per share of $0.55 for the quarter, down from their previous estimate of $0.69. Raymond James also issued estimates for Russel Metals' Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.37 EPS, Q4 2025 earnings at $1.13 EPS, Q4 2025 earnings at $1.13 EPS and FY2025 earnings at $4.00 EPS.

A number of other equities research analysts have also commented on the stock. Stifel Nicolaus raised their price objective on shares of Russel Metals from C$55.50 to C$60.00 in a report on Friday, February 14th. Royal Bank of Canada raised 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 research note on Tuesday, November 26th. Finally, TD Securities boosted their price target on Russel Metals from C$50.00 to C$52.00 and gave the company a "buy" rating in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$51.21.

Russel Metals Trading Down 0.1 %

RUS stock traded down C$0.04 during midday trading on Monday, hitting C$42.28. 194,731 shares of the company's stock were exchanged, compared to its average volume of 176,723. Russel Metals has a one year low of C$35.20 and a one year high of C$46.87. The company has a debt-to-equity ratio of 20.28, a quick ratio of 1.44 and a current ratio of 3.37. The company has a market cap of C$2.42 billion, a PE ratio of 13.62, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. The stock's fifty day moving average price is C$41.88 and its 200-day moving average price is C$40.88.

Russel Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 17th will be issued 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 payout ratio is presently 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.