Q2 EPS Estimates for Russel Metals Lifted by Stifel Canada

Key Points

• Stifel Canada has raised its Q2 2026 earnings per share estimate for Russel Metals to $0.81, up from a previous forecast of $0.76, and estimates the company's FY2026 earnings at $3.36 EPS.
• Despite various analysts lowering target prices for Russel Metals, the stock has maintained an average rating of "Buy" with an average target price of C$51.60.
• Russel Metals announced a quarterly dividend of $0.43 per share, reflecting an annualized dividend of $1.72 and a yield of 4.1%.

Russel Metals Inc. (TSE:RUS - Free Report) - Stock analysts at Stifel Canada increased their Q2 2026 earnings per share estimates for Russel Metals in a research report issued on Monday, September 29th. Stifel Canada analyst I. Gillies now anticipates that the company will post earnings per share of $0.81 for the quarter, up from their previous forecast of $0.76. Stifel Canada also issued estimates for Russel Metals' FY2026 earnings at $3.36 EPS.

Several other research analysts have also recently commented on the company. TD Securities reduced their target price on Russel Metals from C$52.00 to C$50.00 and set a "buy" rating for the company in a research report on Monday, August 11th. Raymond James Financial reduced their target price on Russel Metals from C$56.00 to C$54.00 and set an "outperform" rating for the company in a research report on Wednesday. Finally, Stifel Nicolaus reduced their target price on Russel Metals from C$49.00 to C$48.00 and set a "buy" rating for the company in a research report on Friday, September 19th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Russel Metals has an average rating of "Buy" and an average target price of C$51.60.

Russel Metals Stock Up 0.1%

Shares of RUS stock opened at C$41.74 on Thursday. The stock has a market cap of C$2.34 billion, a P/E ratio of 14.44, a price-to-earnings-growth ratio of 0.59 and a beta of 1.22. Russel Metals has a one year low of C$34.62 and a one year high of C$46.87. The stock has a fifty day moving average price of C$41.77 and a 200 day moving average price of C$41.43. The company has a debt-to-equity ratio of 20.28, a current ratio of 3.37 and a quick ratio of 1.44.

Russel Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, September 15th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.1%. Russel Metals's dividend payout ratio (DPR) is presently 58.48%.

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.

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