Raymond James Estimates Russel Metals’ Q1 Earnings (TSE:RUS)

Russel Metals Inc. (TSE:RUS) – Stock analysts at Raymond James lowered their Q1 2026 earnings per share (EPS) estimates for Russel Metals in a report issued on Thursday, May 8th. Raymond James analyst F. Bastien now forecasts that the company will post earnings of $0.81 per share for the quarter, down from their prior estimate of $0.85. Raymond James also issued estimates for Russel Metals’ Q3 2026 earnings at $1.23 EPS.

Several other equities research analysts also recently weighed in on RUS. National Bankshares reduced their price objective on shares of Russel Metals from C$58.00 to C$55.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. TD Securities boosted their price target on shares of Russel Metals from C$50.00 to C$52.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. Finally, Stifel Nicolaus reduced their price target on shares of Russel Metals from C$54.00 to C$53.00 and set a “buy” rating for the company in a research note on Thursday, May 8th.

Russel Metals Trading Up 1.4%

TSE:RUS opened at C$41.78 on Monday. The stock has a market cap of C$2.39 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 0.59 and a beta of 1.52. The company has a debt-to-equity ratio of 20.28, a quick ratio of 1.44 and a current ratio of 3.37. Russel Metals has a 1 year low of C$34.62 and a 1 year high of C$46.87. The business has a fifty day moving average of C$39.10 and a 200-day moving average of C$41.07.

Russel Metals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 16th will be paid a dividend of $0.43 per share. The ex-dividend date is Thursday, May 29th. This represents a $1.72 annualized dividend and a yield of 4.12%. This is a boost from Russel Metals’s previous quarterly dividend of $0.42. Russel Metals’s dividend payout ratio (DPR) is currently 54.12%.

Insider Buying and Selling

In related news, Director Brian Robie Hedges sold 5,000 shares of the firm’s 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 corporate insiders.

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.