Q1 EPS Estimates for Russel Metals Lowered by Raymond James

Russel Metals Inc. (TSE:RUS) – Equities research analysts at Raymond James reduced their Q1 2025 earnings per share (EPS) estimates for shares of Russel Metals in a research report issued on Tuesday, January 21st. Raymond James analyst F. Bastien now forecasts that the company will post earnings of $0.69 per share for the quarter, down from their previous forecast of $1.04. Raymond James also issued estimates for Russel Metals’ Q2 2025 earnings at $1.09 EPS and FY2025 earnings at $4.10 EPS.

Several other research firms have also recently weighed in on RUS. Stifel Nicolaus boosted their target price on Russel Metals from C$54.50 to C$57.00 in a research note on Friday, November 22nd. Royal Bank of Canada upgraded shares of Russel Metals from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$45.00 to C$51.00 in a research report on Tuesday, November 26th. Finally, TD Securities increased their price target on shares of Russel Metals from C$46.00 to C$50.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Russel Metals currently has a consensus rating of “Moderate Buy” and an average price target of C$50.50.

Russel Metals Price Performance

Russel Metals stock opened at C$42.32 on Thursday. The company’s 50 day moving average is C$42.93 and its two-hundred day moving average is C$40.31. The firm has a market cap of C$2.48 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. The company has a quick ratio of 1.44, a current ratio of 3.85 and a debt-to-equity ratio of 16.88. Russel Metals has a 52-week low of C$35.20 and a 52-week high of C$47.39.

Russel Metals (TSE:RUS) last announced 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 net margin of 4.87% and a return on equity of 12.67%. The firm had revenue of C$1.09 billion during the quarter, compared to analysts’ expectations of C$1.06 billion.

Russel Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date was Wednesday, November 27th. Russel Metals’s dividend payout ratio (DPR) is 48.98%.

Russel Metals Company Profile

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.