Russel Metals Inc. (TSE:RUS – Free Report) – Equities researchers at Stifel Canada dropped their Q1 2025 earnings estimates for Russel Metals in a note issued to investors on Sunday, March 30th. Stifel Canada analyst I. Gillies now anticipates that the company will earn $0.53 per share 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 firms have also recently commented on RUS. TD Securities upped their target price 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. Stifel Nicolaus upped their price objective on Russel Metals from C$55.50 to C$60.00 in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$51.21.
Russel Metals Stock Performance
Shares of TSE:RUS opened at C$39.62 on Wednesday. The company has a current ratio of 3.37, a quick ratio of 1.44 and a debt-to-equity ratio of 20.28. The company has a market capitalization of C$2.27 billion, a price-to-earnings ratio of 12.76, a PEG ratio of 0.59 and a beta of 1.52. Russel Metals has a 12 month low of C$35.20 and a 12 month high of C$46.87. The firm’s 50-day moving average is C$40.81 and its 200 day moving average is C$41.30.
Insider Buying and Selling
In related news, Director Brian Robie Hedges sold 5,000 shares of Russel Metals stock in a transaction that occurred 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. 0.85% of the stock is owned by insiders.
Russel Metals Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were issued a $0.42 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.68 annualized dividend and a dividend yield of 4.24%. Russel Metals’s payout ratio is currently 54.12%.
Russel Metals Company Profile
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.
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