Stifel Canada Predicts Russel Metals FY2026 Earnings

Russel Metals Inc. (TSE:RUS) – Investment analysts at Stifel Canada issued their FY2026 EPS estimates for Russel Metals in a research note issued to investors on Thursday, November 21st. Stifel Canada analyst I. Gillies forecasts that the company will earn $4.14 per share for the year.

RUS has been the subject of a number of other reports. TD Securities upped their price target on shares of Russel Metals from C$46.00 to C$50.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Stifel Nicolaus upped their price target on shares of Russel Metals from C$54.50 to C$57.00 in a report on Friday, November 22nd. National Bankshares reduced their target price on shares of Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Royal Bank of Canada upgraded shares of Russel Metals from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$45.00 to C$51.00 in a research note on Tuesday. Finally, Raymond James increased their target price on shares of Russel Metals from C$50.00 to C$56.00 in a research note on Wednesday, November 13th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Russel Metals has a consensus rating of “Moderate Buy” and an average target price of C$50.50.

Russel Metals Stock Up 2.2 %

RUS stock opened at C$44.76 on Monday. The company has a debt-to-equity ratio of 16.88, a current ratio of 3.85 and a quick ratio of 1.44. Russel Metals has a 52-week low of C$35.20 and a 52-week high of C$47.39. The company has a 50-day moving average of C$40.92 and a two-hundred day moving average of C$38.97. The stock has a market capitalization of C$2.63 billion, a price-to-earnings ratio of 13.05, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52.

Russel Metals (TSE:RUS) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.61 by C($0.02). Russel Metals had a return on equity of 12.67% and a net margin of 4.87%. The business had revenue of C$1.09 billion during the quarter, compared to the consensus estimate of C$1.06 billion.

Russel Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 16th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.75%. The ex-dividend date is Wednesday, November 27th. Russel Metals’s dividend payout ratio (DPR) is presently 48.98%.

About Russel Metals

Russel Metals Inc operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products.