Russel Metals (RUS) Stock Price, News & Analysis

Company Overview

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. The Energy Field Stores segment offers specialized products, such as flanges, valves, fittings, and other products to energy industry. The Steel Distributors segment sells steel products to other steel service centers and equipment manufacturers, which include carbon steel plate, flat rolled products, beams, channels, and pipes. Russel Metals Inc. was incorporated in 1929 and is headquartered in Mississauga, Canada.

Key Stats

• Today's Range: C$40.53 to C$40.99
• 50-Day Range: C$36.32 to C$41.20
• 52-Week Range: C$33.38 to C$47.39
• Volume: 79,921 shs
• Average Volume: 188,509 shs
• Market Capitalization: C$2.40 billion
• P/E Ratio: 11.90
• Dividend Yield: 4.11%
• Price Target: C$46.93
• Consensus Rating: Moderate Buy

Russel Metals Stock Analysis - MarketRank™

Russel Metals scored higher than 52% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Russel Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Russel Metals has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Russel Metals is 11.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Russel Metals is 11.90, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 484.60.

Price to Earnings Growth Ratio

Russel Metals has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Russel Metals has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RUS.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Russel Metals is a leading dividend payer. It pays a dividend yield of 4.09%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Russel Metals does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Russel Metals is 48.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for RUS.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.16

News Sentiment

Russel Metals has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Russel Metals this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for RUS on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Russel Metals insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.85% of the stock of Russel Metals is held by insiders.

Percentage Held by Institutions

Only 26.88% of the stock of Russel Metals is held by institutions.

RUS Stock Analysis - Frequently Asked Questions

How have RUS shares performed this year?

Russel Metals' stock was trading at C$45.03 on January 1st, 2024. Since then, RUS stock has decreased by 9.3% and is now trading at C$40.83.
View the best growth stocks for 2024 here.

How were Russel Metals' earnings last quarter?

Russel Metals Inc. (TSE:RUS) posted its quarterly earnings data on Wednesday, July, 31st. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.01. The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.08 billion. Russel Metals had a trailing twelve-month return on equity of 12.67% and a net margin of 4.87%.

How do I buy shares of Russel Metals?

Shares of RUS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Russel Metals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Russel Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Toronto-Dominion Bank (TD), AbbVie (ABBV) and Vermilion Energy (VET).

Company Calendar

• Last Earnings: 7/31/2024
• Ex-Dividend for 9/16 Dividend: 8/28/2024
• Dividend Payable: 9/16/2024
• Today: 10/17/2024
• Next Earnings (Confirmed): 11/06/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Industrial Distribution
• Sub-Industry: N/A
• Current Symbol: TSE:RUS
• CUSIP: N/A
• CIK: N/A
• Web: www.russelmetals.com
• Phone: +1-905-8197777
• Fax: N/A
• Employees: 3,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$46.93
• High Stock Price Target: C$52.00
• Low Stock Price Target: C$43.00
• Potential Upside/Downside: +14.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.43
• Trailing P/E Ratio: 11.90
• Forward P/E Ratio: N/A
• P/E Growth: 0.59
• Net Income: C$207.40 million
• Net Margins: 4.87%
• Pretax Margin: N/A
• Return on Equity: 12.67%
• Return on Assets: 6.48%

Debt

• Debt-to-Equity Ratio: 16.88
• Current Ratio: 3.85
• Quick Ratio: 1.44

Sales & Book Value

• Annual Sales: C$4.26 billion
• Price / Sales: 0.56
• Cash Flow: C$4.60 per share
• Price / Cash Flow: 8.88
• Book Value: C$28.22 per share
• Price / Book: 1.45

Miscellaneous

• Outstanding Shares: 58,670,000
• Free Float: N/A
• Market Cap: C$2.40 billion
• Optionable: Not Optionable
• Beta: 1.52