Stifel Canada Forecasts Russel Metals FY2026 Earnings

Russel Metals Inc. (TSE:RUS - Free Report) - Analysts at Stifel Canada issued their FY2026 earnings per share (EPS) estimates for shares of Russel Metals in a research report issued on Thursday, November 21st. Stifel Canada analyst I. Gillies anticipates that the company will post earnings per share of $4.14 for the year.

Russel Metals (TSE:RUS - Get Free Report) last released its 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). The firm had revenue of C$1.09 billion during the quarter, compared to analysts' expectations of C$1.06 billion. Russel Metals had a net margin of 4.87% and a return on equity of 12.67%.

Several other research firms have also issued reports on RUS. TD Securities lifted their price target on Russel Metals from C$46.00 to C$50.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. Royal Bank of Canada upped their target price on shares of Russel Metals from C$43.00 to C$45.00 in a research note on Friday, November 8th. Stifel Nicolaus increased their price target on shares of Russel Metals from C$54.50 to C$57.00 in a report on Friday. Raymond James boosted their price objective on shares of Russel Metals from C$50.00 to C$56.00 in a report on Wednesday, November 13th. Finally, National Bankshares cut their target price 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 investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$49.64.

Russel Metals Stock Down 1.0 %

TSE RUS traded down C$0.44 during trading hours on Monday, reaching C$43.80. 233,033 shares of the company's stock traded hands, compared to its average volume of 184,404. Russel Metals has a 52-week low of C$35.20 and a 52-week high of C$47.39. The company has a debt-to-equity ratio of 16.88, a current ratio of 3.85 and a quick ratio of 1.44. The firm has a 50-day simple moving average of C$40.79 and a 200 day simple moving average of C$38.94. The firm has a market cap of C$2.57 billion, a PE ratio of 12.77, a PEG ratio of 0.59 and a beta of 1.52.

Russel Metals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 16th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.84%. The ex-dividend date of this dividend is Wednesday, November 27th. Russel Metals's dividend payout ratio (DPR) 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.