Russel Metals Inc. (TSE:RUS - Free Report) - Research analysts at Raymond James decreased their Q1 2026 EPS estimates for shares of Russel Metals in a research note issued on Thursday, May 8th. Raymond James analyst F. Bastien now expects that the company will post earnings per share of $0.81 for the quarter, down from their previous forecast of $0.85. Raymond James also issued estimates for Russel Metals' Q3 2026 earnings at $1.23 EPS.
Several other brokerages also recently commented on RUS. Stifel Nicolaus reduced their price objective on shares of Russel Metals from C$54.00 to C$53.00 and set a "buy" rating for the company in a research report on Thursday. TD Securities raised 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 research report on Tuesday, February 18th. Finally, National Bankshares reduced their price target on shares of Russel Metals from C$58.00 to C$55.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th.
Read Our Latest Stock Analysis on Russel Metals
Russel Metals Stock Performance
Shares of RUS stock opened at C$39.45 on Monday. The company has a market cap of C$2.26 billion, a price-to-earnings ratio of 12.71, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. Russel Metals has a 52 week low of C$34.62 and a 52 week high of C$46.87. The company has a quick ratio of 1.44, a current ratio of 3.37 and a debt-to-equity ratio of 20.28. The firm has a 50 day moving average of C$39.06 and a 200-day moving average of C$41.04.
Russel Metals Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 16th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 4.36%. 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 payout ratio is currently 54.12%.
Insiders Place Their Bets
In other Russel Metals news, Director Brian Robie Hedges sold 5,000 shares of Russel Metals stock in a transaction 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. Insiders own 0.85% of the company's stock.
Russel Metals Company Profile
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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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