Q1 EPS Estimates for Russel Metals Decreased by Analyst

Russel Metals Inc. (TSE:RUS) – Equities research analysts at National Bank Financial dropped their Q1 2025 earnings per share estimates for Russel Metals in a research report issued on Tuesday, April 8th. National Bank Financial analyst M. Sytchev now anticipates that the company will post earnings of $0.58 per share for the quarter, down from their prior forecast of $0.85. National Bank Financial also issued estimates for Russel Metals’ Q2 2025 earnings at $1.08 EPS, FY2025 earnings at $3.70 EPS and FY2026 earnings at $4.23 EPS.

RUS has been the subject of a number of other research reports. Stifel Nicolaus lifted their target price on shares of Russel Metals from C$55.50 to C$60.00 in a research note on Friday, February 14th. National Bankshares decreased their price target on Russel Metals from C$58.00 to C$55.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, TD Securities boosted their price objective on Russel Metals from C$50.00 to C$52.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$52.50.

Russel Metals Stock Up 4.5 %

Russel Metals stock opened at C$37.96 on Friday. The firm has a market cap of C$2.18 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 0.59 and a beta of 1.52. Russel Metals has a 52-week low of C$34.62 and a 52-week high of C$46.87. The company has a debt-to-equity ratio of 20.28, a quick ratio of 1.44 and a current ratio of 3.37. The firm has a 50 day moving average price of C$39.89 and a two-hundred day moving average price of C$41.21.

Russel Metals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend was Friday, February 28th. Russel Metals’s dividend payout ratio (DPR) is currently 54.12%.

Insiders Place Their Bets

In other Russel Metals news, Director Brian Robie Hedges sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of C$42.32, for a total transaction of C$211,600.00. Corporate insiders own 0.85% of the company’s stock.

About Russel Metals

Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users.