Recent Research Analysts’ Ratings Changes for Russel Metals (RUS)

A number of research firms have changed their ratings and price targets for Russel Metals (TSE: RUS):

• 5/11/2026 – Russel Metals had its price target raised by TD from C$63.00 to C$68.00. They now have a “buy” rating on the stock.
• 5/7/2026 – Russel Metals had its price target raised by National Bank Financial from C$51.00 to C$52.00. They now have an “outperform” rating on the stock.
• 5/7/2026 – Russel Metals had its price target raised by Raymond James Financial, Inc. from C$60.00 to C$65.00. They now have an “outperform” rating on the stock.
• 5/7/2026 – Russel Metals had its price target raised by Stifel Nicolaus from C$49.00 to C$58.50. They now have a “hold” rating on the stock.
• 5/7/2026 – Russel Metals had its price target raised by Royal Bank Of Canada from C$55.00 to C$63.00. They now have an “outperform” rating on the stock.
• 5/7/2026 – Russel Metals had its price target raised by Scotia from C$54.00 to C$62.00. They now have a “sector outperform” rating on the stock.
• 5/6/2026 – Russel Metals had its price target raised by BMO Capital Markets from C$51.00 to C$56.00.
• 5/5/2026 – Russel Metals had its price target raised by TD from C$57.00 to C$63.00. They now have a “buy” rating on the stock.
• 4/8/2026 – Russel Metals had its price target lowered by National Bank Financial from C$56.00 to C$51.00. They now have a “sector perform” rating on the stock.

Russel Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 15th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Thursday, May 28th. Russel Metals’s payout ratio is presently 48.31%.

Insider Activity

In related news, Director Brian Robie Hedges sold 4,800 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of C$57.00, for a total transaction of C$273,600.00. Following the completion of the sale, the director directly owned 10,000 shares of the company’s stock, valued at approximately C$570,000. This represents a 32.43% decrease in their position. Over the last ninety days, insiders have sold 15,000 shares of company stock worth $855,022. 0.85% of the stock is currently owned by corporate insiders.

Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.