Q1 EPS Estimates for Russel Metals Lowered by Stifel Canada

Russel Metals Inc. (TSE:RUS - Free Report) - Stock analysts at Stifel Canada decreased their Q1 2025 EPS estimates for shares of Russel Metals in a report released on Sunday, March 30th. Stifel Canada analyst I. Gillies now anticipates that the company will earn $0.53 per share for the quarter, down from their prior forecast of $0.97. Stifel Canada also issued estimates for Russel Metals' Q2 2025 earnings at $1.44 EPS, FY2025 earnings at $4.39 EPS and Q1 2026 earnings at $0.77 EPS.

Several other research firms also recently commented on RUS. Stifel Nicolaus upped their price objective on Russel Metals from C$55.50 to C$60.00 in a research note on Friday, February 14th. TD Securities boosted their target price on Russel Metals from C$50.00 to C$52.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$51.21.

Russel Metals Stock Performance

Shares of TSE:RUS traded down C$2.08 on Wednesday, reaching C$36.56. The company's stock had a trading volume of 233,519 shares, compared to its average volume of 193,062. Russel Metals has a 52-week low of C$35.20 and a 52-week high of C$46.87. The stock has a market capitalization of C$2.09 billion, a P/E ratio of 11.78, a PEG ratio of 0.59 and a beta of 1.52. The stock's 50-day moving average is C$40.55 and its two-hundred day moving average is C$41.30. The company has a debt-to-equity ratio of 20.28, a current ratio of 3.37 and a quick ratio of 1.44.

Insider Buying and Selling

In other news, Director Brian Robie Hedges sold 5,000 shares of Russel Metals stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of C$42.32, for a total transaction of C$211,600.00. 0.85% of the stock is currently owned by corporate insiders.

Russel Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were paid a $0.42 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.60%. Russel Metals's dividend payout ratio (DPR) 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.