Q1 EPS Estimates for Russel Metals Reduced by Stifel Canada

Russel Metals Inc. (TSE:RUS) – Research analysts at Stifel Canada lowered their Q1 2025 EPS estimates for shares of Russel Metals in a report released on Sunday, March 30th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings per share of $0.53 for the quarter, down from their previous estimate of $0.97. Stifel Canada also issued estimates for Russel Metals’ Q2 2025 earnings at $1.44 EPS, FY2025 earnings at $4.39 EPS and Q1 2026 earnings at $0.77 EPS.

A number of other research analysts have also recently issued reports on the company. Stifel Nicolaus boosted their target price on Russel Metals from C$55.50 to C$60.00 in a research note on Friday, February 14th. TD Securities increased their target price on Russel Metals from C$50.00 to C$52.00 and gave the stock 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 assigned a buy rating to the company’s stock. Based on data from MarketBeat, Russel Metals currently has a consensus rating of “Moderate Buy” and an average target price of C$51.21.

Russel Metals Stock Up 0.5 %

Russel Metals stock opened at C$39.82 on Wednesday. The firm has a market capitalization of C$2.28 billion, a price-to-earnings ratio of 12.83, a PEG ratio of 0.59 and a beta of 1.52. Russel Metals has a fifty-two week low of C$35.20 and a fifty-two week high of C$46.87. The company has a debt-to-equity ratio of 20.28, a current ratio of 3.37 and a quick ratio of 1.44. The company’s 50 day simple moving average is C$40.75 and its 200 day simple moving average is C$41.29.

Insider Transactions at Russel Metals

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

Russel Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were paid a $0.42 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.68 dividend on an annualized basis and a yield of 4.22%. Russel Metals’s dividend payout ratio is 54.12%.

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.