Stifel Canada Forecasts Stronger Earnings for Russel Metals

Russel Metals Inc. (TSE:RUS) – Investment analysts at Stifel Canada increased their Q3 2025 EPS estimates for shares of Russel Metals in a research note issued on Sunday, March 30th. Stifel Canada analyst I. Gillies now expects that the company will post earnings of $1.33 per share for the quarter, up from their prior forecast of $1.17. Stifel Canada also issued estimates for Russel Metals’ Q4 2025 earnings at $1.09 EPS, Q2 2026 earnings at $1.31 EPS, Q3 2026 earnings at $1.25 EPS, Q4 2026 earnings at $1.02 EPS and FY2026 earnings at $4.34 EPS.

Other equities research analysts have also recently issued research reports about the stock. TD Securities raised their target price on shares of Russel Metals from C$50.00 to C$52.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. Stifel Nicolaus increased their price target on Russel Metals from C$55.50 to C$60.00 in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Russel Metals currently has an average rating of “Moderate Buy” and a consensus price target of C$51.21.

Russel Metals Stock Up 0.8 %

TSE RUS opened at C$39.62 on Tuesday. The stock’s 50-day moving average price is C$40.81 and its 200-day moving average price is C$41.30. The company has a market capitalization of C$2.27 billion, a P/E ratio of 12.76, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. The company has a quick ratio of 1.44, a current ratio of 3.37 and a debt-to-equity ratio of 20.28. Russel Metals has a 52 week low of C$35.20 and a 52 week high of C$46.87.

Insider Buying and Selling at Russel Metals

In related news, Director Brian Robie Hedges sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of C$42.32, for a total transaction of C$211,600.00. 0.85% of the stock is currently owned by insiders.

Russel Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were paid a dividend of $0.42 per share. The ex-dividend date was Friday, February 28th. This represents a $1.68 annualized dividend and a yield of 4.24%. Russel Metals’s payout ratio is 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.