Stifel Canada Forecasts Stronger Earnings for Russel Metals

Russel Metals Inc. (TSE:RUS - Free Report) - Investment analysts at Stifel Canada increased their Q2 2025 earnings estimates for shares of Russel Metals in a research report issued on Tuesday, July 15th. Stifel Canada analyst I. Gillies now anticipates that the company will post earnings of $0.99 per share for the quarter, up from their prior forecast of $0.98. Stifel Canada also issued estimates for Russel Metals' Q2 2025 earnings at $0.99 EPS, FY2025 earnings at $3.61 EPS, FY2025 earnings at $3.61 EPS, FY2026 earnings at $3.85 EPS and FY2026 earnings at $3.85 EPS.

Several other brokerages also recently issued reports on RUS. Stifel Nicolaus reduced their price objective on Russel Metals from C$54.00 to C$53.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. National Bankshares reduced their target price on Russel Metals from C$58.00 to C$55.00 and set an "outperform" rating for the company in a report on Wednesday, April 9th.

Russel Metals Trading Up 0.2%

TSE RUS traded up C$0.11 on Friday, hitting C$44.86. The company's stock had a trading volume of 56,124 shares, compared to its average volume of 160,438. 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 1-year low of C$34.62 and a 1-year high of C$46.87. The company's 50-day moving average is C$43.02 and its 200 day moving average is C$41.13. The firm has a market cap of C$2.57 billion, a PE ratio of 14.45, a PEG ratio of 0.59 and a beta of 1.52.

Russel Metals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 16th were paid a dividend of $0.43 per share. This is a boost from Russel Metals's previous quarterly dividend of $0.42. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date of this dividend was Thursday, May 29th. Russel Metals's dividend payout ratio is presently 54.12%.

Russel Metals Company Profile

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.