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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)
Add
Compare
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
-0.17mentions of Russel Metals in the last 14 days
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


RUS stock logo

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

Steel Service Centers Market Outlook to 2028
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Market Holds Its Own Amid the Chaos
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
TSX Strides at Noon Hour
Russel, B2Gold in Focus
See More Headlines
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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

Industry, Sector and Symbol

Industry
Steel
Sub-Industry
N/A
CIK
N/A
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

Net Income
C$371.90 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.07 billion
Cash Flow
C$3.83 per share
Book Value
C$25.10 per share

Miscellaneous

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.













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