Russel Metals (RUS) News Today

Russel Metals Inc. (TSE:RUS) shares have pulled back amid a mix of analyst upgrades and downgrades to the company’s quarterly and annual earnings forecasts.

• Positive Sentiment: Stifel Canada raised its earnings estimates for Russel Metals in its latest report, reflecting stronger projected profits. Stifel Canada Raises Earnings Estimates for Russel Metals
• Positive Sentiment: Stifel Canada lifted its Q2 EPS estimate to $0.81 from $0.76, signaling improved near-term performance. Q2 EPS Estimates for Russel Metals Lifted by Stifel Canada
• Positive Sentiment: Raymond James Financial boosted its Q3 2026 EPS estimate to $1.15 from $1.10, maintaining an Outperform rating and a $54 target price on the stock.
• Positive Sentiment: Stifel Canada increased its FY2026 EPS forecast to $3.36 from $3.14, underscoring confidence in longer-term earnings growth.
• Neutral Sentiment: Analysts issued new FY2025 earnings forecasts for Russel Metals without material changes to consensus estimates. Analysts Issue Forecasts for Russel Metals FY2025 Earnings
• Negative Sentiment: Raymond James Financial cut its Q2 EPS estimate for Russel Metals, reducing second-quarter profit forecasts. Russel Metals Q2 EPS Decreased by Raymond James Financial
• Negative Sentiment: Raymond James Financial lowered its Q3 2025 EPS estimate to $0.65 from $0.90, reflecting softer near-term demand. Raymond James Financial Estimates Russel Metals Q3 Earnings
• Negative Sentiment: Raymond James Financial cut its Q1 2026 EPS projection to $0.85 from $1.00, tempering expectations for early-2026 performance.
• Negative Sentiment: Raymond James Financial slashed its Q4 2025 EPS estimate to $0.60 from $0.85, signaling potential seasonally weaker results.
• Negative Sentiment: Raymond James Financial cut its FY2025 EPS forecast to $3.31 from $3.81, marking a significant downward revision for annual earnings.