Stifel Canada Predicts Russel Metals FY2026 Earnings

Russel Metals Inc. (TSE:RUS) – Equities research analysts at Stifel Canada issued their FY2026 earnings per share (EPS) estimates for Russel Metals in a report released on Thursday, November 21st. Stifel Canada analyst I. Gillies expects that the company will post earnings per share of $4.14 for the year.

Russel Metals (TSE:RUS) last released its earnings results on Wednesday, November 6th. The company reported C$0.59 earnings per share for the quarter, missing the consensus estimate of C$0.61 by C($0.02). The company had revenue of C$1.09 billion during the quarter, compared to analyst estimates of C$1.06 billion. Russel Metals had a net margin of 4.87% and a return on equity of 12.67%.

RUS has been the subject of several other reports. Raymond James boosted their price objective on Russel Metals from C$50.00 to C$56.00 in a research report on Wednesday, November 13th. TD Securities upped their price target 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, November 12th. Stifel Nicolaus raised their price objective on shares of Russel Metals from C$54.50 to C$57.00 in a report on Friday. National Bankshares cut their price objective on shares of Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Finally, Royal Bank of Canada increased their target price on Russel Metals from C$43.00 to C$45.00 in a report on Friday, November 8th. 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, Russel Metals presently has an average rating of “Moderate Buy” and an average target price of C$49.64.

Russel Metals Trading Up 1.5 %

RUS opened at C$44.24 on Monday. The firm’s fifty day moving average is C$40.79 and its two-hundred day moving average is C$38.94. The firm has a market cap of C$2.60 billion, a PE ratio of 12.90, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. Russel Metals has a twelve month low of C$35.20 and a twelve month high of C$47.39. The company has a debt-to-equity ratio of 16.88, a quick ratio of 1.44 and a current ratio of 3.85.

Russel Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 16th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.68 annualized dividend and a yield of 3.80%. Russel Metals’s dividend payout ratio is currently 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.