Stifel Canada Forecasts Stronger Earnings for Russel Metals

Russel Metals Inc. (TSE:RUS) – Equities researchers at Stifel Canada boosted their Q1 2026 earnings per share (EPS) estimates for shares of Russel Metals in a note issued to investors on Thursday, February 13th. Stifel Canada analyst I. Gillies now expects that the company will earn $1.07 per share for the quarter, up from their prior estimate of $1.02. Stifel Canada also issued estimates for Russel Metals’ Q1 2026 earnings at $1.07 EPS, Q2 2026 earnings at $1.21 EPS, Q2 2026 earnings at $1.21 EPS, Q3 2026 earnings at $1.16 EPS, Q3 2026 earnings at $1.16 EPS, Q4 2026 earnings at $0.95 EPS and Q4 2026 earnings at $0.95 EPS.

A number of other analysts have also recently weighed in on the company. Royal Bank of Canada upgraded Russel Metals from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from C$45.00 to C$51.00 in a research report on Tuesday, November 26th. TD Securities increased their price target on Russel Metals from C$46.00 to C$50.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Raymond James raised their target price on Russel Metals from C$50.00 to C$56.00 in a research report on Wednesday, November 13th. Finally, Stifel Nicolaus raised their target price on Russel Metals from C$55.50 to C$60.00 in a research report on Friday. One investment analyst has 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 has an average rating of “Moderate Buy” and an average price target of C$50.93.

Russel Metals Stock Up 3.7 %

Shares of Russel Metals stock opened at C$42.85 on Monday. The company has a current ratio of 3.37, a quick ratio of 1.44 and a debt-to-equity ratio of 20.28. The business’s 50 day simple moving average is C$42.06 and its 200-day simple moving average is C$40.80. The stock has a market capitalization of C$2.46 billion, a price-to-earnings ratio of 13.80, a PEG 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.

Russel Metals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date is Friday, February 28th. Russel Metals’s payout ratio is currently 54.12%.

About Russel Metals

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.