FY2025 EPS Estimate for Russel Metals Increased by Analyst

Russel Metals Inc. (TSE:RUS) – Equities researchers at National Bank Financial increased their FY2025 earnings estimates for Russel Metals in a research note issued to investors on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev now expects that the company will earn $4.07 per share for the year, up from their previous estimate of $3.97. National Bank Financial also issued estimates for Russel Metals’ Q4 2025 earnings at $0.80 EPS.

Russel Metals (TSE:RUS) last posted its quarterly earnings data 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 the consensus estimate of C$1.06 billion. Russel Metals had a return on equity of 12.67% and a net margin of 4.87%.

Several other analysts have also issued reports on RUS. TD Securities upped their target price on Russel Metals from C$46.00 to C$50.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Royal Bank of Canada raised Russel Metals from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$45.00 to C$51.00 in a research note on Tuesday, November 26th. Raymond James upped their target price on Russel Metals from C$50.00 to C$56.00 in a research note on Wednesday, November 13th. Finally, Stifel Nicolaus increased their price objective on Russel Metals from C$54.50 to C$57.00 in a research note on Friday, November 22nd. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$50.50.

Russel Metals Stock Down 0.9 %

Shares of RUS opened at C$45.40 on Friday. The firm has a market cap of C$2.66 billion, a P/E ratio of 13.24, a P/E/G ratio of 0.59 and a beta of 1.52. The stock has a 50 day simple moving average of C$41.86 and a two-hundred day simple moving average of C$39.32. The company has a debt-to-equity ratio of 16.88, a current ratio of 3.85 and a quick ratio of 1.44. Russel Metals has a 1 year low of C$35.20 and a 1 year high of C$47.39.

Russel Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend is Wednesday, November 27th. Russel Metals’s dividend payout ratio (DPR) is presently 48.98%.

Russel Metals Company Profile

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.