Q1 EPS Estimates for Russel Metals Lowered by Raymond James

Russel Metals Inc. (TSE:RUS) – Research analysts at Raymond James dropped their Q1 2025 earnings per share estimates for shares of Russel Metals in a research note issued to investors on Thursday, February 13th. Raymond James analyst F. Bastien now forecasts that the company will post earnings of $0.55 per share for the quarter, down from their prior estimate of $0.69. Raymond James also issued estimates for Russel Metals’ Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.37 EPS, Q4 2025 earnings at $1.13 EPS, Q4 2025 earnings at $1.13 EPS and FY2025 earnings at $4.00 EPS.

RUS has been the subject of several other reports. Royal Bank of Canada raised shares of Russel Metals from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$45.00 to C$51.00 in a report on Tuesday, November 26th. Stifel Nicolaus boosted their target price on Russel Metals from C$55.50 to C$60.00 in a research report on Friday, February 14th. Finally, TD Securities boosted their price objective on shares of Russel Metals from C$50.00 to C$52.00 and gave the company a “buy” rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$51.21.

Russel Metals Trading Down 1.4 %

RUS opened at C$42.23 on Monday. 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 firm has a market capitalization of C$2.42 billion, a price-to-earnings ratio of 13.60, a PEG ratio of 0.59 and a beta of 1.52. The business has a 50 day simple moving average of C$41.94 and a two-hundred day simple moving average of C$40.85. Russel Metals has a one year low of C$35.20 and a one year high of C$46.87.

Russel Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.68 dividend on an annualized basis and a yield of 3.98%. Russel Metals’s dividend payout ratio (DPR) is presently 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.