Stifel Canada Predicts Russel Metals' Q2 Earnings (TSE:RUS)

Russel Metals Inc. (TSE:RUS - Free Report) - Stock analysts at Stifel Canada upped their Q2 2025 earnings per share estimates for shares of Russel Metals in a note issued to investors on Tuesday, November 12th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $1.08 for the quarter, up from their prior estimate of $1.04. Stifel Canada also issued estimates for Russel Metals' Q3 2025 earnings at $1.02 EPS, Q4 2025 earnings at $0.96 EPS and FY2025 earnings at $4.07 EPS.

Other analysts also recently issued reports about the company. BMO Capital Markets cut their target price on Russel Metals from C$46.00 to C$45.00 in a research note on Wednesday, July 24th. Stifel Nicolaus raised their price target on shares of Russel Metals from C$53.00 to C$54.50 in a report on Wednesday. TD Securities boosted their price objective on shares of Russel Metals from C$46.00 to C$50.00 and gave the company a "buy" rating in a report on Tuesday. Royal Bank of Canada lifted their target price on shares of Russel Metals from C$43.00 to C$45.00 in a research report on Friday, November 8th. Finally, National Bankshares dropped their price target on Russel Metals from C$47.00 to C$46.00 and set an "outperform" rating on the stock in a research note on Friday, August 2nd. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$49.29.

Russel Metals Stock Up 1.1 %

Shares of TSE:RUS traded up C$0.45 during trading on Friday, hitting C$42.77. The stock had a trading volume of 101,212 shares, compared to its average volume of 184,923. Russel Metals has a 12 month low of C$35.20 and a 12 month high of C$47.39. The company has a market capitalization of C$2.51 billion, a PE ratio of 12.34, a PEG ratio of 0.59 and a beta of 1.52. The company has a quick ratio of 1.44, a current ratio of 3.85 and a debt-to-equity ratio of 16.88. The firm's fifty day moving average is C$39.98 and its 200 day moving average is C$38.78.

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 Wednesday, November 27th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend is Wednesday, November 27th. Russel Metals's payout ratio is presently 48.98%.

About Russel Metals

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.