Raymond James Estimates Russel Metals’ Q1 Earnings (TSE:RUS)

Russel Metals Inc. (TSE:RUS) – Stock analysts at Raymond James dropped their Q1 2025 earnings per share (EPS) estimates for Russel Metals in a research report issued on Tuesday, January 21st. Raymond James analyst F. Bastien now expects that the company will post earnings of $0.69 per share for the quarter, down from their previous estimate of $1.04. Raymond James also issued estimates for Russel Metals’ Q2 2025 earnings at $1.09 EPS and FY2025 earnings at $4.10 EPS.

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

Russel Metals Stock Down 0.5 %

TSE RUS opened at C$42.32 on Thursday. Russel Metals has a 1 year low of C$35.20 and a 1 year 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 business’s 50-day moving average is C$42.93 and its 200 day moving average is C$40.31. The stock has a market capitalization of C$2.48 billion, a PE ratio of 12.34, a PEG ratio of 0.59 and a beta of 1.52.

Russel Metals (TSE:RUS) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.61 by C($0.02). The business 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%.

Russel Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date was Wednesday, November 27th. Russel Metals’s dividend payout ratio is currently 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.