Raymond James Lifts Earnings Estimates for Russel Metals

Russel Metals Inc. (TSE:RUS) – Raymond James lifted their Q4 2025 earnings per share (EPS) estimates for Russel Metals in a research note issued to investors on Wednesday, November 13th. Raymond James analyst F. Bastien now forecasts that the company will post earnings of $0.91 per share for the quarter, up from their previous estimate of $0.86.

Russel Metals (TSE:RUS) last issued its earnings results on Wednesday, November 6th. The company reported C$0.59 earnings per share 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 firm had revenue of C$1.09 billion for the quarter, compared to analyst estimates of C$1.06 billion.

A number of other equities research analysts have also commented on RUS. TD Securities increased their price target on Russel Metals from C$46.00 to C$50.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. National Bankshares lowered their price target on Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. BMO Capital Markets lowered their price target on Russel Metals from C$46.00 to C$45.00 in a research report on Wednesday, July 24th. Royal Bank of Canada increased their price target on Russel Metals from C$43.00 to C$45.00 in a research report on Friday, November 8th. Finally, Stifel Nicolaus increased their price target on Russel Metals from C$53.00 to C$54.50 in a research report on Wednesday, November 13th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$49.29.

Russel Metals Price Performance

Shares of TSE:RUS opened at C$43.08 on Monday. 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 twelve month low of C$35.20 and a twelve month high of C$47.39. The stock’s 50 day moving average is C$40.37 and its 200-day moving average is C$38.84. The firm has a market capitalization of C$2.53 billion, a price-to-earnings ratio of 12.56, a PEG ratio of 0.59 and a beta of 1.52.

Russel Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 16th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.68 dividend on an annualized basis and a yield of 3.90%. 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.