TSE:RUS

Russel Metals - RUS Stock Forecast, Price & News

C$33.89

-0.07 (-0.21%)

(As of 03/24/2023 01:57 PM ET)

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Today's Range: C$33.27
▼
C$34.01
50-Day Range: C$29.44
▼
C$37.22
52-Week Range: C$23.80
▼
C$37.28

Volume: 52,740 shs
Average Volume: 387,739 shs
Market Capitalization: C$2.10 billion

P/E Ratio: 5.78
Dividend Yield: 4.49%
Price Target: C$38.57

Russel Metals MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 14.0% Upside
C$38.57 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.17
Based on 10 Articles This Week
Insider Trading: Selling Shares
C$456,835 Sold Last Quarter
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.

2.01 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Russel Metals has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$38.57, Russel Metals has a forecasted upside of 14.0% from its current price of C$33.83.
Amount of Analyst Coverage
Russel Metals has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RUS.

2.5

Dividend Strength

Dividend Leadership
Russel Metals is a leading dividend payer. It pays a dividend yield of 4.49%, 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 25.94%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

1.0

News and Social Media Coverage

News Sentiment
Russel Metals has a news sentiment score of -0.17. 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 Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Russel Metals this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for RUS on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Russel Metals insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$456,835.00 in company stock.
Percentage Held by Insiders
Only 0.83% of the stock of Russel Metals is held by insiders.
Percentage Held by Institutions
Only 26.87% of the stock of Russel Metals is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Russel Metals is 5.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Russel Metals is 5.77, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 81.58.
Price to Earnings Growth Ratio
Russel 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 Ratio
Russel Metals has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Russel Metals (TSE:RUS) Stock

Russel Metals Inc. operates as a metal distribution company in North America. The company operates through three segments: Metals Service Centers, Energy Products, and Steel Distributors. The Metal Service Centers segment sells plates, flat rolled carbon, stainless steel, aluminum, and other non-ferrous specialty metal products, as well as general line steel products, such as plates, structural shapes, bars, sheets, pipes, tubing, and hollow structural steel tubing. It also offers services, including fiber tube and flat laser processing; multi-dimensional press braking and rolling; shearing, slitting, and cutting to length; laser, oxy-fuel, and plasma cutting; stretcher and traditional leveling; beam drilling, notching, coping, and tee-splitting; saw cutting; edge trimming; and cambering. This segment serves customers in industries, such as machinery and equipment manufacturing, construction, ship building, and natural resources. The Energy Products segment distributes flanges, valves, fittings, and tubular goods primarily to energy industry. The Steel Distributors segment operates as a steel distributor for steel service centers and large equipment manufactures. Russel Metals Inc. was incorporated in 1929 and is headquartered in Mississauga, Canada.

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RUS Stock News Headlines

March 24, 2023 | marketwatch.com

Metal Service Centers Market Report | Global Forecast From 2023 To 2030

March 23, 2023 | marketwatch.com

Steel Service Centers Market Outlook to 2028

March 24, 2023 | Stansberry Research (Ad)

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March 23, 2023 | americanbankingnews.com

Lesley Margaret Seppings Coleman Sells 500 Shares of Russel Metals Inc. (TSE:RUS) Stock

March 23, 2023 | americanbankingnews.com

Brian Robie Hedges Sells 10,000 Shares of Russel Metals Inc. (TSE:RUS) Stock

March 22, 2023 | americanbankingnews.com

Russel Metals Inc. (TSE:RUS) Senior Officer Sherri Lynn Mckelvey Sells 1,875 Shares of Stock

March 21, 2023 | marketwatch.com

Steel Service Centers Market Share and Growth Developments 2023-2029

March 20, 2023 | realmoney.thestreet.com

Market Holds Its Own Amid the Chaos

March 24, 2023 | Stansberry Research (Ad)

The gold catalyst we’ve waited for

March 20, 2023 | msn.com

The 3 Industrial Stocks That Keep Canada’s Economy Going

March 15, 2023 | marketwatch.com

2023-2029 Metal Gratings Market Size, Share and New Development Analysis | Research Report by Absolute Reports

March 15, 2023 | realmoney.thestreet.com

The Markets Are Flashing Yellow -- as in the Precious Yellow Metal

March 9, 2023 | marketwatch.com

Steel Service Centers Market 2023-2028 |A Detailed Examination of Industry Trends and New Opportunities

March 9, 2023 | marketwatch.com

Stainless Steel Tubing Market Insights-Industry changing aspects, New Technologies and Forecast to 2029

March 9, 2023 | marketwatch.com

Metal Service Centers Market Future Scope, Demand, Perceptive and Comprehensive Analysis By 2029

February 28, 2023 | marketwatch.com

Metal Service Centers Market Size, Share & Trends Analysis 2023-2029

February 27, 2023 | marketwatch.com

Aluminized Steel Market to Grow Significantly by Leading Players 2023 to 2029

February 25, 2023 | marketwatch.com

The Future Growth of the Metal Service Centers Market Size 2023-2029

February 14, 2023 | msn.com

TSX Today: What to Watch for in Stocks on Tuesday, February 14

February 13, 2023 | finance.yahoo.com

CANADA STOCKS-Consumer discretionary boosts TSX ahead of U.S. inflation data

February 13, 2023 | msn.com

TSX edges higher ahead of U.S. inflation data

February 13, 2023 | ca.finance.yahoo.com

TSX Strides at Noon Hour

February 13, 2023 | baystreet.ca

Russel, B2Gold in Focus

February 13, 2023 | reuters.com

CANADA STOCKS-TSX edges higher ahead of U.S. inflation data

January 18, 2023 | markets.businessinsider.com

Analysts’ Top Industrial Goods Picks: Beacon Roofing Supply (BECN), Russel Metals (RUSMF)

January 13, 2023 | marketwatch.com

Metal Service Centers Market (New Report) Analysis Highlighting Opportunities and Growth Status During 2023-2029 | 102 Pages Report

January 10, 2023 | marketwatch.com

Aluminized Steel Market 2023 Company Challenges, Latest Advancements, Growth Prediction, and Forecast by 2028

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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RUS Company Calendar

Ex-Dividend for 3/15 Dividend: 2/27/2023
Dividend Payable: 3/15/2023
Today: 3/24/2023
Next Earnings (Estimated): 5/02/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Steel
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:RUS
CUSIP: N/A
CIK: N/A
Web: www.russelmetals.com
Phone: +1-905-8197777
Fax: N/A
Employees: 3,300
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$38.57
High Stock Price Forecast: C$44.00
Low Stock Price Forecast: C$34.00
Forecasted Upside/Downside: +13.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$5.86
Trailing P/E Ratio: 5.80
Forward P/E Ratio: 14.99
P/E Growth: 0.59
Net Income: C$371.90 million
Net Margins: 7.33%
Pretax Margin: N/A
Return on Equity: 26.49%
Return on Assets: 12.47%

Debt

Debt-to-Equity Ratio: 27.12
Current Ratio: 3.73
Quick Ratio: 1.44

Sales & Book Value

Annual Sales: C$5.07 billion
Price / Sales: 0.42
Cash Flow: C$3.83 per share
Price / Cash Flow: 8.88
Book Value: C$25.10 per share
Price / Book: 1.35

Miscellaneous

Outstanding Shares: 62,100,000
Free Float: N/A
Market Cap: C$2.11 billion
Optionable: Not Optionable
Beta: 1.52

Key Executives

Mr. John Gregory Reid (Age 54)
CEO, Pres & Director
Comp: $7.01M

Mr. Martin Leb Juravsky B.Comm.(Hon) (Age 59)
C.A., M.B.A., Exec. VP, CFO & Sec.
Comp: $1.99M

Mr. Ryan W. MacDermid
VP of Risk Management & Legal

Ms. Lesley M. S. Coleman
VP, Controller & Assistant Sec.

Catherine Milne
VP, HR

Ms. Sherri Lynn McKelvey
Assistant Sec.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

RUS Stock - Frequently Asked Questions

Should I buy or sell Russel Metals stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RUS shares.
View RUS analyst ratings or view top-rated stocks.
What is Russel Metals' stock price forecast for 2023?: 4 brokerages have issued twelve-month target prices for Russel Metals' shares. Their RUS share price forecasts range from C$34.00 to C$44.00. On average, they predict the company's share price to reach C$38.57 in the next year. This suggests a possible upside of 13.6% 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 18.0% and is now trading at C$33.96.
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 Tuesday, May 2nd 2023.
View our RUS earnings forecast.
How often does Russel Metals pay dividends? What is the dividend yield for Russel Metals?: Russel Metals announced a quarterly dividend on Thursday, February 9th. Investors of record on Tuesday, February 28th will be given a dividend of 0.38 per share on Wednesday, March 15th. This represents a $1.52 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date is Monday, February 27th.
Read our dividend analysis for RUS.
Is Russel Metals a good dividend stock?: Russel Metals (TSE:RUS) pays an annual dividend of C$1.52 per share and currently has a dividend yield of 4.49%. RUS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 25.94%. 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), Wheaton Precious Metals (WPM) and 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$33.96.
How much money does Russel Metals make?: Russel Metals (TSE:RUS) has a market capitalization of C$2.11 billion and generates C$5.07 billion in revenue each year. The company earns C$371.90 million in net income (profit) each year or C$5.86 on an earnings per share basis.
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 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 3/24/2023 by MarketBeat.com Staff

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Russel Metals - RUS Stock Forecast, Price & News

Russel Metals MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Russel Metals (TSE:RUS) Stock

RUS Stock News Headlines

RUS Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

RUS Stock - Frequently Asked Questions

Overall MarketRank^™