Brokers Issue Forecasts for Russel Metals Q3 Earnings

Russel Metals Inc. (TSE:RUS - Free Report) - Equities research analysts at National Bank Financial lifted their Q3 2025 EPS estimates for shares of Russel Metals in a research note issued on Wednesday, May 7th. National Bank Financial analyst M. Sytchev now expects that the company will earn $1.18 per share for the quarter, up from their previous estimate of $1.15. National Bank Financial also issued estimates for Russel Metals' Q4 2025 earnings at $0.92 EPS.

A number of other equities research analysts have also commented on RUS. TD Securities increased their price objective on shares of Russel Metals from C$50.00 to C$52.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. National Bankshares decreased their price objective on shares of Russel Metals from C$58.00 to C$55.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Finally, Stifel Nicolaus decreased their price objective on shares of Russel Metals from C$54.00 to C$53.00 and set a "buy" rating on the stock in a report on Thursday.

Russel Metals Price Performance

Shares of RUS traded up C$1.75 during trading hours on Friday, hitting C$41.20. The stock had a trading volume of 152,619 shares, compared to its average volume of 174,886. The company's fifty day moving average is C$39.08 and its two-hundred day moving average is C$41.05. 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 has a 52 week low of C$34.62 and a 52 week high of C$46.87. The stock has a market capitalization of C$2.36 billion, a price-to-earnings ratio of 13.27, a P/E/G ratio of 0.59 and a beta of 1.52.

Insider Activity at Russel Metals

In other Russel Metals news, Director Brian Robie Hedges sold 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 19th. The shares were 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 corporate insiders.

Russel Metals Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 16th will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.17%. This is an increase from Russel Metals's previous quarterly dividend of $0.42. The ex-dividend date is Thursday, May 29th. Russel Metals's dividend payout ratio (DPR) 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.