Q1 EPS Estimates for Russel Metals Decreased by Analyst

Russel Metals Inc. (TSE:RUS - Free Report) - Research analysts at National Bank Financial reduced their Q1 2025 EPS estimates for shares of Russel Metals in a report issued on Tuesday, April 8th. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $0.58 per share for the quarter, down from their previous estimate of $0.85. National Bank Financial also issued estimates for Russel Metals' Q2 2025 earnings at $1.08 EPS, FY2025 earnings at $3.70 EPS and FY2026 earnings at $4.23 EPS.

A number of other equities analysts have also recently commented on RUS. Stifel Nicolaus raised their target price on Russel Metals from C$55.50 to C$60.00 in a report on Friday, February 14th. National Bankshares cut their price objective on shares of Russel Metals from C$58.00 to C$55.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Finally, TD Securities raised 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 research report on Tuesday, February 18th. 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 stock presently has a consensus rating of "Moderate Buy" and an average price target of C$52.50.

Russel Metals Price Performance

Shares of Russel Metals stock traded up C$0.16 on Friday, hitting C$38.85. 26,024 shares of the company were exchanged, compared to its average volume of 189,484. The company has a quick ratio of 1.44, a current ratio of 3.37 and a debt-to-equity ratio of 20.28. The company has a 50-day moving average price of C$39.79 and a 200 day moving average price of C$41.18. The stock has a market capitalization of C$2.23 billion, a price-to-earnings ratio of 12.52, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. Russel Metals has a 1-year low of C$34.62 and a 1-year high of C$46.87.

Russel Metals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 17th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend was Friday, February 28th. Russel Metals's dividend payout ratio (DPR) is 54.12%.

Insider Buying and Selling at Russel Metals

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

About Russel Metals

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.