TSE:RUS Russel Metals (RUS) Stock Forecast, Price & News C$37.39 +0.15 (+0.40%) (As of 05:20 PM ET) Add Compare Share Share Today's RangeC$37.06▼C$37.7350-Day RangeC$36.95▼C$40.4352-Week RangeC$24.53▼C$40.52Volume103,550 shsAverage Volume266,340 shsMarket CapitalizationC$2.29 billionP/E Ratio7.57Dividend Yield4.28%Price TargetC$42.07 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Russel Metals MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside12.5% UpsideC$42.07 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 stars 2.2 Analyst's Opinion Consensus RatingRussel Metals has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$42.07, Russel Metals has a forecasted upside of 12.5% from its current price of C$37.39.Amount of Analyst CoverageRussel Metals has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for RUS. Previous Next 2.5 Dividend Strength Dividend LeadershipRussel Metals is a leading dividend payer. It pays a dividend yield of 4.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRussel Metals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Russel Metals is 32.39%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RUS. Previous Next 0.6 News and Social Media Coverage Search Interest3 people have searched for RUS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Russel Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Russel Metals insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.79% of the stock of Russel Metals is held by insiders.Percentage Held by InstitutionsOnly 27.98% of the stock of Russel Metals is held by institutions. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Russel Metals is 7.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Russel Metals is 7.57, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 485.52.Price to Earnings Growth RatioRussel Metals has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioRussel Metals has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Russel Metals (TSE:RUS) StockRussel 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.Read More RUS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RUS Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comRussel Metals (TSE:RUS) Price Target Raised to C$45.50 at Stifel NicolausSeptember 1, 2023 | theglobeandmail.comClosing Bell: Russel Metals flat on Friday (RUS)September 27, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 24, 2023 | investing.comRussel Metals Inc. (RUS)August 24, 2023 | theglobeandmail.comRussel Metals: Top 10 Undervalued Industrials Sector Stocks on TSX (RUS)August 14, 2023 | finance.yahoo.comRussel Metals (TSE:RUS) Has Announced That It Will Be Increasing Its Dividend To CA$0.40August 8, 2023 | markets.businessinsider.comRussel Metals (RUSMF) Receives a Hold from RBC CapitalJuly 5, 2023 | finance.yahoo.comCECO ENVIRONMENTAL ANNOUNCES INCLUSION IN RUSSELL 2000 INDEXSeptember 27, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.June 23, 2023 | benzinga.comRBC Capital Assumes Russel Metals at Sector Perform, Announces Price Target of C$34June 15, 2023 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Russel Metals Inc.'s (TSE:RUS) Stock?May 10, 2023 | marketwatch.comMetal Service Centers Market Research, 2023-2030May 10, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Fortune Brands Innovations (FBIN), Russel Metals (OtherRUSMF) and SkyWater Technology (SKYT)May 10, 2023 | finance.yahoo.comRussel Metals Announces 2023 Annual Meeting Voting ResultsMay 9, 2023 | markets.businessinsider.comTSX Recovers After Early Setback, Ends FlatMay 9, 2023 | reuters.comColumn: China's imports of major commodities lose steam in April: RussellMay 8, 2023 | seekingalpha.comRussel Metals GAAP EPS of C$1.19 beats by C$0.37, revenue of C$1.19B beats by C$315.55MMay 8, 2023 | finance.yahoo.comRussel Metals Announces 2023 First Quarter ResultsMay 5, 2023 | marketwatch.comGlobal Hot Rolled Steel Bars Market Outlook with Industry Expansion Strategies till 2030April 28, 2023 | marketwatch.comMetal Wholesalers Market Outlook by 2031April 27, 2023 | theglobeandmail.comClosing Bell: Russel Metals up on Thursday (RUS)April 25, 2023 | theglobeandmail.comTuesday’s TSX breakouts: This rallying industrial company has logged eight consecutive quarterly earnings beatsApril 24, 2023 | marketwatch.comGlobal Aluminized Steel Market by [2023-2029] with Revenue OutsourcingApril 22, 2023 | theglobeandmail.comClosing Bell: Russel Metals up on Friday (RUS)April 19, 2023 | marketwatch.comCarbon Steel Tubing Market Complete Overview till 2030April 16, 2023 | marketwatch.comSteel Service Centers Market Forecasted from 2023 - 2030 Growing at a CAGR of 8.9% with Industry Analysis and New TechnologyApril 12, 2023 | theglobeandmail.comClosing Bell: Russel Metals up on Tuesday (RUS)See More Headlines Receive RUS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Russel Metals and its competitors with MarketBeat's FREE daily newsletter. Email Address RUS Company Calendar Last Earnings8/10/2023Ex-Dividend for 9/15 Dividend8/28/2023Dividend Payable9/15/2023Today9/27/2023Next Earnings (Estimated)11/08/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Industrial Distribution Sub-IndustryN/A SectorIndustrials Current SymbolTSE:RUS CUSIPN/A CIKN/A Webwww.russelmetals.com Phone+1-905-8197777FaxN/AEmployees3,350Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$42.07 High Stock Price ForecastC$45.50 Low Stock Price ForecastC$38.00 Forecasted Upside/Downside+12.9%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.94 Trailing P/E Ratio7.54 Forward P/E Ratio10.23 P/E Growth0.59Net IncomeC$308.10 million Net Margins6.49% Pretax MarginN/A Return on Equity20.12% Return on Assets9.13% Debt Debt-to-Equity Ratio25.99 Current Ratio3.49 Quick Ratio1.44 Sales & Book Value Annual SalesC$4.75 billion Price / Sales0.48 Cash FlowC$4.20 per share Price / Cash Flow8.88 Book ValueC$26.41 per share Price / Book1.41Miscellaneous Outstanding Shares61,300,000Free FloatN/AMarket CapC$2.28 billion OptionableNot Optionable Beta1.47 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. John Gregory Reid (Age 54)CEO, Pres & Director Comp: $7.45MMr. Martin Leb Juravsky B.Comm.(Hon) (Age 59)C.A., M.B.A., Exec. VP, CFO & Sec. Comp: $2.04MMr. Ryan W. MacDermidVP of Risk Management & LegalDan BaileyDirector of Service Center OperationsMs. Lesley M. S. ColemanVP, Controller & Assistant Sec.Catherine MilneVP, HRMore ExecutivesKey CompetitorsDoman Building Materials GroupTSE:DBMHardwoods DistributionTSE:HDIWajaxTSE:WJXFinning InternationalTSE:FTTToromont IndustriesTSE:TIHView All CompetitorsInsidersSherri Lynn MckelveySold 1,875 sharesTotal: C$68,625.00 ($36.60/share)Brian Robie HedgesSold 10,000 sharesTotal: C$370,000.00 ($37.00/share)Lesley Margaret Seppings ColemanSold 500 sharesTotal: C$18,210.00 ($36.42/share)View All Insider Transactions RUS Stock - Frequently Asked Questions Should I buy or sell Russel Metals stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RUS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RUS, but not buy additional shares or sell existing shares. View RUS analyst ratings or view top-rated stocks. What is Russel Metals' stock price forecast for 2023? 5 brokers have issued 12-month price targets for Russel Metals' shares. Their RUS share price forecasts range from C$38.00 to C$45.50. On average, they anticipate the company's stock price to reach C$42.07 in the next twelve months. This suggests a possible upside of 12.9% 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 on January 1st, 2023. Since then, RUS shares have increased by 29.4% and is now trading at C$37.25. 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 Wednesday, November 8th 2023. View our RUS earnings forecast. How were Russel Metals' earnings last quarter? Russel Metals Inc. (TSE:RUS) announced its quarterly earnings results on Thursday, August, 10th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.27 by $0.10. The company earned $1.19 billion during the quarter, compared to analysts' expectations of $1.26 billion. Russel Metals had a net margin of 6.49% and a trailing twelve-month return on equity of 20.12%. How often does Russel Metals pay dividends? What is the dividend yield for Russel Metals? Russel Metals announced a quarterly dividend on Monday, August 28th. Stockholders of record on Friday, September 15th will be given a dividend of 0.40 per share on Friday, September 15th. This represents a $1.60 annualized dividend and a yield of 4.30%. The ex-dividend date is Monday, August 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 4.24%. RUS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 32.39%. 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). What is Russel Metals' stock symbol? Russel Metals trades on the Toronto Stock Exchange (TSX) under the ticker symbol "RUS." 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. What is Russel Metals' stock price today? One share of RUS stock can currently be purchased for approximately C$37.25. How much money does Russel Metals make? Russel Metals (TSE:RUS) has a market capitalization of C$2.28 billion and generates C$4.75 billion in revenue each year. The company earns C$308.10 million in net income (profit) each year or C$4.94 on an earnings per share basis. How many employees does Russel Metals have? The company employs 3,350 workers across the globe. How can I contact Russel Metals? Russel Metals' mailing address is 6600 Financial Dr, MISSISSAUGA, ON L5N 7J6, Canada. The official website for the company is www.russelmetals.com. The company can be reached via phone at +1-905-8197777. This page (TSE:RUS) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Russel Metals Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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