Russel Metals Inc. (TSE:RUS – Free Report) – Analysts at National Bank Financial upped their Q2 2025 earnings per share estimates for Russel Metals in a report released on Wednesday, May 7th. National Bank Financial analyst M. Sytchev now expects that the company will earn $1.09 per share for the quarter, up from their prior forecast of $1.08. National Bank Financial also issued estimates for Russel Metals’ FY2025 earnings at $3.90 EPS and FY2026 earnings at $4.25 EPS.
Other equities analysts have also issued reports about the company. National Bankshares dropped their price target on Russel Metals from C$58.00 to C$55.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 9th. Stifel Nicolaus cut their target price on shares of Russel Metals from C$54.00 to C$53.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. Finally, TD Securities lifted their price target on shares of 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.
Russel Metals Stock Performance
RUS stock opened at C$41.78 on Monday. The firm has a market cap of C$2.39 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. 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 stock has a 50-day moving average price of C$39.10 and a 200-day moving average price of C$41.07. Russel Metals has a 1-year low of C$34.62 and a 1-year high of C$46.87.
Insiders Place Their Bets
In related news, Director Brian Robie Hedges sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of C$42.32, for a total value of C$211,600.00. Insiders own 0.85% of the company’s stock.
Russel Metals Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders 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 is a boost from Russel Metals’s previous quarterly dividend of $0.42. This represents a $1.72 annualized dividend and a yield of 4.12%. Russel Metals’s dividend payout ratio (DPR) 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.
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