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DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
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Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
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AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way

Russel Metals (RUS) Stock Price, News & Analysis

C$41.89
0.00 (0.00%)
(As of 12/8/2023 ET)
Compare
Today's Range
C$41.70
C$42.12
50-Day Range
C$33.51
C$41.89
52-Week Range
C$27.45
C$42.15
Volume
182,147 shs
Average Volume
236,456 shs
Market Capitalization
C$2.55 billion
P/E Ratio
9.35
Dividend Yield
3.82%
Price Target
C$44.64

Russel Metals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.6% Upside
C$44.64 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.71mentions of Russel Metals in the last 14 days
Based on 18 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.

2.25 out of 5 stars


RUS stock logo

About Russel Metals Stock (TSE:RUS)

Russel Metals Inc. operates as a metal distribution company in Canada and the United States. It operates through Metals Service Centers, Energy Field Stores, and Steel Distributors segments. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products. The Energy Field Stores segment offers specialized products, such as flanges, valves, fittings, and other products to energy industry. The Steel Distributors segment sells steel products to other steel service centers and equipment manufacturers, which include carbon steel plate, flat rolled products, beams, channels, and pipes. The company was incorporated in 1929 and is headquartered in Mississauga, Canada.

RUS Stock Price History

RUS Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Russel Metals (TSE:RUS) PT Raised to C$48.00
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Russel Metals Inc RUS
Russel Metals Announces 2023 Third Quarter Results
Closing Bell: Russel Metals down on Monday (RUS)
Closing Bell: Russel Metals flat on Friday (RUS)
Russel Metals Inc. (RUS)
Russel Metals (RUSMF) Receives a Hold from RBC Capital
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/28/2023
Dividend Payable
9/15/2023
Last Earnings
11/08/2023
Ex-Dividend for 12/15 Dividend
11/28/2023
Today
12/10/2023
Dividend Payable
12/15/2023
Next Earnings (Estimated)
2/08/2024

Industry, Sector and Symbol

Industry
Industrial Distribution
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
3,350
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$44.64
High Stock Price Target
C$48.00
Low Stock Price Target
C$41.00
Potential Upside/Downside
+6.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
C$277.40 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.59 billion
Cash Flow
C$4.72 per share
Book Value
C$27.31 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.55 billion
Optionable
Not Optionable
Beta
1.48
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Key Executives

  • Mr. John Gregory Reid (Age 54)
    CEO, President & Director
    Comp: $7.45M
  • Mr. Martin Leb Juravsky B.Comm.(Hon) (Age 59)
    C.A., M.B.A., Executive VP, CFO & Secretary
    Comp: $2.04M
  • Mr. Ryan W. MacDermid
    Vice President of Risk Management & Legal
  • Dan Bailey
    Director of Service Center Operations
  • Ms. Lesley M. S. Coleman
    VP, Controller & Assistant Secretary
  • Catherine Milne
    Vice President, Human Resources














RUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Russel Metals stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RUS shares.
View RUS analyst ratings
or view top-rated stocks.

What is Russel Metals' stock price target for 2024?

6 brokers have issued 12-month price targets for Russel Metals' stock. Their RUS share price targets range from C$41.00 to C$48.00. On average, they predict the company's stock price to reach C$44.64 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for RUS
or view top-rated stocks among Wall Street analysts.

How have RUS shares performed in 2023?

Russel Metals' stock was trading at C$28.78 at the beginning of 2023. Since then, RUS shares have increased by 45.6% and is now trading at C$41.89.
View the best growth stocks for 2023 here
.

When is Russel Metals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our RUS earnings forecast
.

How were Russel Metals' earnings last quarter?

Russel Metals Inc. (TSE:RUS) issued its quarterly earnings results on Wednesday, November, 8th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.08. The company earned $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Russel Metals had a net margin of 6.05% and a trailing twelve-month return on equity of 17.31%.

How often does Russel Metals pay dividends? What is the dividend yield for Russel Metals?

Russel Metals announced a quarterly dividend on Tuesday, November 28th. Investors of record on Friday, December 15th will be paid a dividend of 0.40 per share on Friday, December 15th. This represents a $1.60 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date is Tuesday, November 28th.
Read our dividend analysis for RUS
.

Is Russel Metals a good dividend stock?

Russel Metals (TSE:RUS) pays an annual dividend of C$1.60 per share and currently has a dividend yield of 4.18%. RUS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 35.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RUS.

What other stocks do shareholders of Russel Metals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Russel Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Enbridge (ENB), Open Text (OTEX).

How do I buy shares of Russel Metals?

Shares of RUS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RUS) was last updated on 12/10/2023 by MarketBeat.com Staff

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