OTCMKTS:RUSMF

Russel Metals (RUSMF) Stock Forecast, Price & News

$26.44

0.00 (0.00%)

(As of 05/30/2023 ET)

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Today's Range: $26.44
▼
$26.44
50-Day Range: $23.47
▼
$26.45
52-Week Range: $17.67
▼
$27.58

Volume: 1 shs
Average Volume: 2,796 shs
Market Capitalization: N/A

P/E Ratio: 15.24
Dividend Yield: 5.41%
Price Target: $39.00

Profile Analyst Ratings Chart Competitors Headlines Short Interest

Russel Metals MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 47.5% Upside
$39.00 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.50
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.65 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Russel Metals has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.00, Russel Metals has a forecasted upside of 47.5% from its current price of $26.44.
Amount of Analyst Coverage
Russel Metals has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Russel Metals has a short interest ratio ("days to cover") of 559, which indicates bearish sentiment.
Change versus previous month
Short interest in Russel Metals has recently increased by 128.81%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Russel Metals is a leading dividend payer. It pays a dividend yield of 7.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Russel Metals does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Russel Metals is 82.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RUSMF.

0.8

News and Social Media Coverage

News Sentiment
Russel Metals has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.31 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Russel Metals this week, compared to 0 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Russel Metals insiders have not sold or bought any company stock.
Percentage Held by Institutions
42.68% of the stock of Russel Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Russel Metals is 15.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Russel Metals is 15.24, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 553.15.

See Top Rated MarketRank™ Stocks Here

About Russel Metals (OTCMKTS:RUSMF) Stock

Russel Metals, Inc. engages in the distribution and processing of steel products. It operates through the following business segments: Metals Service Centers, Energy Products, and Steel Distributors. The Metals Service Centers segment provides processing and distribution services to a broad base of customers. The Energy Products segment distributes oil country tubular goods, line pipe, tubes, valves and fittings primarily to the energy industry in Western Canada and the U.S. The Steel Distributors segment sells steel in large volumes to other steel service centers and large equipment manufacturers. The company was founded in 1784 and is headquartered in Mississauga, Canada.

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RUSMF Stock News Headlines

May 31, 2023 | au.finance.yahoo.com

RUSMF - Russel Metals Inc.

May 20, 2023 | americanbankingnews.com

Russel Metals (OTCMKTS:RUSMF) Price Target Raised to C$39.00 at TD Securities

May 31, 2023 | Edge On The Street (Ad)

146 Pounds of Graphite Needed for Each EV

Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.

May 19, 2023 | americanbankingnews.com

Russel Metals (OTCMKTS:RUSMF) Price Target Lowered to C$42.00 at Stifel Nicolaus

May 13, 2023 | finance.yahoo.com

Russel Metals' (TSE:RUS) Upcoming Dividend Will Be Larger Than Last Year's

May 12, 2023 | msn.com

Russel Metals (RUSMF) Declares $0.40 Dividend

May 11, 2023 | americanbankingnews.com

Russel Metals (OTCMKTS:RUSMF) PT Raised to C$36.00 at BMO Capital Markets

May 9, 2023 | finanznachrichten.de

Russel Metals Inc.: Russel Metals Announces 2023 First Quarter Results

May 31, 2023 | Edge On The Street (Ad)

146 Pounds of Graphite Needed for Each EV

May 8, 2023 | marketwatch.com

Russel Metals Raises Payout to Shareholders

May 6, 2023 | msn.com

Russel Metals: M&A Opportunities In A Fragmented Market

May 3, 2023 | theglobeandmail.com

Closing Bell: Russel Metals up on Wednesday (RUS)

April 27, 2023 | reuters.com

Clyde Russell

April 26, 2023 | theglobeandmail.com

Closing Bell: Russel Metals down on Tuesday (RUS)

April 18, 2023 | theglobeandmail.com

Closing Bell: Russel Metals up on Monday (RUS)

April 15, 2023 | theglobeandmail.com

Closing Bell: Russel Metals down on Friday (RUS)

April 12, 2023 | americanbankingnews.com

Stifel Nicolaus Lowers Russel Metals (OTCMKTS:RUSMF) Price Target to C$42.00

April 11, 2023 | finance.yahoo.com

Is There An Opportunity With Russel Metals Inc.'s (TSE:RUS) 29% Undervaluation?

April 4, 2023 | finance.yahoo.com

RUSSEL METALS 2023 FIRST QUARTER RESULTS CONFERENCE CALL

March 17, 2023 | marketwatch.com

E-mini Russell 2000 Index Continuous Contract

February 27, 2023 | ftw.usatoday.com

Russell Westbrook went from MVP to the ultimate NBA journeyman and it's so painful to see

February 15, 2023 | seekingalpha.com

RUSMF Russel Metals Inc.

February 9, 2023 | seekingalpha.com

Russel Metals Inc. GAAP EPS of C$0.93, revenue of C$1.1B

January 31, 2023 | yahoo.com

'I’m just truly grateful': Russell Westbrook passes Gary Payton on NBA's all-time assists list

January 25, 2023 | fool.ca

BUY ALERT: Why I’m Snagging Russel Metals (TSX:RUS) Stock Today

January 21, 2023 | mirror.co.uk

Horoscopes today - Russell Grant's star sign forecast for Friday, January 13

December 20, 2022 | finance.yahoo.com

Earnings grew faster than the decent 13% CAGR delivered to Russel Metals (TSE:RUS) shareholders over the last three years

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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RUSMF Company Calendar

Today: 5/31/2023
Next Earnings (Estimated): 8/10/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Industrial Distribution
Sub-Industry: N/A
Sector: Industrials
Current Symbol: OTCMKTS:RUSMF
CUSIP: N/A
CIK: N/A
Web: www.russelmetals.com
Phone: (905) 819-7777
Fax: N/A
Employees: 3,300
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $39.00
High Stock Price Forecast: $44.00
Low Stock Price Forecast: $35.00
Forecasted Upside/Downside: +47.5%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 15.24
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

John G. Reid
President, CEO, COO & Director

Martin L. Juravsky
Chief Financial Officer, Secretary & EVP

Dan Schmelzer
Vice President-Information Technology

Lesley Margaret Seppings Coleman
Vice President, Controller & Assistant Secretary

Catherine Milne
Vice President-Human Resources

Key Competitors

View All Competitors

RUSMF Stock - Frequently Asked Questions

Should I buy or sell Russel Metals stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RUSMF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RUSMF, but not buy additional shares or sell existing shares.
View RUSMF analyst ratings or view top-rated stocks.
What is Russel Metals' stock price forecast for 2023?: 2 analysts have issued 12 month price objectives for Russel Metals' shares. Their RUSMF share price forecasts range from $35.00 to $44.00. On average, they anticipate the company's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 47.5% from the stock's current price.
View analysts price targets for RUSMF or view top-rated stocks among Wall Street analysts.
How have RUSMF shares performed in 2023?: Russel Metals' stock was trading at $21.47 at the start of the year. Since then, RUSMF shares have increased by 23.1% and is now trading at $26.44.
View the best growth stocks for 2023 here.
Are investors shorting Russel Metals?: Russel Metals saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,285,700 shares, an increase of 128.8% from the April 30th total of 561,900 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 559.0 days.
View Russel Metals' Short Interest.
When is Russel Metals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our RUSMF earnings forecast.

Is Russel Metals a good dividend stock?: Russel Metals (OTCMKTS:RUSMF) pays an annual dividend of $1.43 per share and currently has a dividend yield of 7.30%. RUSMF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 82.43%. Payout ratios above 75% are not desirable because they may not be sustainable.
What is Russel Metals' stock symbol?: Russel Metals trades on the OTCMKTS under the ticker symbol "RUSMF."
How do I buy shares of Russel Metals?: Shares of RUSMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Russel Metals' stock price today?: One share of RUSMF stock can currently be purchased for approximately $26.44.
How many employees does Russel Metals have?: The company employs 3,300 workers across the globe.
How can I contact Russel Metals?: Russel Metals' mailing address is 6600 Financial Drive, Mississauga, ON L5N. The official website for the company is www.russelmetals.com. The company can be reached via phone at (905) 819-7777.

This page (OTCMKTS:RUSMF) was last updated on 5/31/2023 by MarketBeat.com Staff

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